Page-6 of ADB Current Affairs, GK & News

ADB to $245 million provide loan for safe, sustainable drinking water service in West Bengal

Asian Development Bank (ADB) has approved financing package of $245 million to implement project for providing safe, sustainable drinking water service to million people in three districts of West Bengal affected by arsenic, fluoride, and salinity. The project will provide continuous potable water through metered connections to about 390,000 individual households in three districts of ..

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India to remain fastest growing major economy till 2019-20: ADB

According to Asian Development Bank (ADB), India will continue to be fastest growing major economy, ahead of China, with growth rate of 7.3% in 2018-19 and 7.6% in 2019-20.  The growth projections were supplement to ADB’s Asian Development Outlook (ADO). Key Highlights Growth in Asia and Pacific’s developing economies for 2018 and 2019 will remain ..

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ADB approves Lining Project of Son Canal in Bihar

The Asian Development Bank (ADB) has approved Lining Project of Son canal in Shahabad-Bhojpur region of Bihar. The estimated cost of this project is US $503 million (Rs 3272.49 crore) out of which US $352 million is being provided by ADB. This project on completion will bring immense benefits to agriculture sector of Shahabad – ..

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India’s economy to grow 7.3% in 2018-19 and 7.6% in 2019-20: ADB Outlook

The Asian Development Outlook 2018 released by Asian Development Bank (ADB) has projected India’s economic growth to 7.3% in 2018-19 fiscal and further to 7.6% in 2019-20 fiscal. The ADB’s growth projection is in line with that of rating agency Fitch, but is lower than Reserve Bank of India’s (RBI) forecast of 7.4%. Asian Development ..

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ISA-ADB, NDB, GCF, AfDB and AIIB sign joint declarations of financial Partnership

The International Solar Alliance (ISA) and African Development Bank (AfDb), Asian Infrastructure Investment Bank (AIIB), Asian Development Bank (ADB), Green climate fund (GCF), and New Development Bank (NDB) signed Joint financial partnership Declarations. The International Energy Agency (IEA) also signed Joint partnership Declaration with ISA. The objective of these agreements is to deepen their cooperation ..

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