Current Affairs

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Page-5 of ADB

Takehiko Nakao re-elected as President of Asian Development Bank

Takehiko Nakao has been re-elected for a 2nd term as the President of the Asian Development Bank (ADB), which is beginning from November 2016. He was unanimously elected...

August 5, 2016

ADB approves $500 million loan for bridge over Ganga River in Bihar

The Asian Development Bank (ADB) has approved a 500 million dollars loan to build a bridge across the Ganga River in Bihar. The loan funds will be used...

June 25, 2016

ADB, India ink pact to upgrade 176 km roads in Jharkhand

Multilateral lending agency Asian Development Bank (ADB) has signed a loan agreement with India for providing new loan of 200 million dollars to upgrade 176 km of roads...

June 8, 2016

ADB and USAID ink MoU to develop solar parks in India

The Asian Development Bank (ADB) and the Unites States Agency for International Development (USAID) have signed a Memorandum of Understanding (MoU) for development of solar parks in India....

March 29, 2016

India, ADB ink $80 Million Loan Agreement to Improve Urban Services in Agartala and Aizwal

Union Government and Asian Development Bank (ADB) have signed $80million loan agreement to improve urban services in two North Eastern cities Agartala and Aizwal. This loan agreement is...

January 30, 2016

Indian-American Swati Dandenkar appointed as US Director of ADB

India-born Swati Dandekar has been appointed as the United States director of the Asian Development Bank (ADB). She was nominated to this position by US President Barack Obama...

November 23, 2015

ADB pledges $120 million loan to finance India, Bangladesh electricity link under SASEC Programme

The Asian Development Bank (ADB) has pledged to provide 120 million dollar loan in order to finance cross-border electricity link between Bangladesh and India under SASEC Programme. In...

November 21, 2015

India signs Loan Agreement with ADB for upgrading Tourism Infrastructure and Services

Union Government has inked a loan agreement with Asian Development Bank (ADB) for US 123.51 million dollars for Infrastructure Development Investment Program. The 3 tranche loan will be...

September 28, 2015

DIPP accepts ADB, JICA plans on industrial corridors

Department of Industrial Policy and Promotion (DIPP) has given nod to Asian Development Bank’s (ADB) and Japan International Cooperation Agency (JICA) for their conceptual development plan (CDP) report...

July 31, 2015

India ink loan agreement of $300 million with ADB for NUHM

India inked a loan agreement worth US 300 million dollar with Asian Development Bank (ADB) to support the Union Government’s flagship program of National Urban Health Mission (NUHM)....

July 29, 2015

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