Page-6 of ADB
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 ..
Month: Current Affairs - July, 2018
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 ..
Month: Current Affairs - April, 2018
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 ..
Month: Current Affairs - March, 2018
Government inks $250 Million Loan Agreement with ADB to Improve Rural Connectivity in 5 States
The Union Government has inked $250 Million Loan Agreement with Asian Development Bank (ADB) to Improve Rural Connectivity in 5 States viz. Assam, Chhattisgarh, Madhya Pradesh, Odisha and West Bengal under Pradhan Mantri Gram Sadak Yojana (PMGSY). The loan proceeds ..
Month: Current Affairs - January, 2018
ABD lowers India’s GDP forecast to 6.7% for 2017-18
The Asian Development Bank (ADB) in its Asian Development Outlook Supplement has lowered India’s economic growth forecast for current fiscal i.e. FY 2017-18 by 0.3% to 6.7% from earlier 7%. The reasons cited for this downward revision of growth forecast ..
Month: Current Affairs - December, 2017
Government inks $65.5 Million Loan agreement with ADB to support Coastal Protection in Karnataka
The Union Government has inked $65.5 million loan agreement with Asian Development Bank (ADB) to continue interventions to check coastal erosion on the Western Coast in Karnataka. The loan is second tranche of $250 million financing facility under Sustainable Coastal ..