Page-5 of ADB Current Affairs, GK & News

Government inks $110 million loan agreement with ADB to upgrade rural roads in MP

Government has inked $110 million loan agreement with Asian Development Bank (ADB) to upgrade all-weather rural roads in Madhya Pradesh under Pradhan Mantri Gram Sadak Yojana (PMGSY). It is second tranche of $500 million Second Rural Connectivity Investment Programme for India approved by ADB in December 2017. Rural Connectivity Investment Programme The overall Second Rural Connectivity ..

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Government inks $150 Million loan agreement with ADB for India’s first Global Skills Park in MP

Government has inked US $150 million loan agreement with multilateral lender Asian Development Bank (ADB) for establishing India’s first Global Skills Park park in Bhopal, capital of Madhya Pradesh. It will have training facilities focusing on skills for manufacturing, service and advanced agricultural jobs, benefitting about 20,000 trainees and trainers. Global Skills Park (GSP) It ..

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ADB approves US $150 million loan for establishing first multi-skills park in MP

Multilateral lender Asian Development Bank (ADB) will provide US $150 million loan for establishing first multi-skills park in central Indian state of Madhya Pradesh. This new flagship GSP campus will be established in state capital Bhopal from where about 20,000 people are expected to be benefited. Global Skills Park (GSP) The skills park will be ..

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India inks $346 million loan agreement with ADB to improve State Highways in Karnataka

India has inked $346 million loan agreement with Asian Development Bank (ADB) to finance Karnataka State Highways Improvement III Project (KSHIP-III) for improvement of over 400 km of state highways in Karnataka. This will help in enhancement of connectivity and access to economic centres across 12 districts in Karnataka. Karnataka State Highways Improvement III Project ..

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ADB to provide US $375 million loan for Madhya Pradesh Irrigation Efficiency Improvement Project

Union Government has signed $375 million loan agreement with Asian Development Bank (ADB) for Madhya Pradesh Irrigation Efficiency Improvement Project. The project will contribute to double farming incomes in Madhya Pradesh by expanding irrigation networks and system efficiency. Madhya Pradesh Irrigation Efficiency Improvement Project It will develop 125,000 hectares of new, highly efficient and climate ..

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