AIIB-India Current Affairs, GK & News
ADB approves 1.5 billion USD for India to fight COVID-19
On April 28, 2020, the Asian Development Bank approved 1.5 billion USD loan to support the Indian Government in its actions against the spread of COVID-19 crisis. The fund is to be used in disease containments, social protection and disease prevention. Highlights The loan sanctioned by the ADB is to be used for social protection ..
Month: Current Affairs - April, 2020
Category: International / World Current Affairs
Topics: ADB • AIIB-India • Asian Development Bank (ADB) • Asian Infrastructure Investment Bank (AIIB) • COVID-19 • Finance • World Bank
AIIB to invest 100 million USD in solar and wind projects in India
The Asian Infrastructure Investment Bank (AIIB) which is headquartered at Beijing expects an investment of 100 million USD in India in a year. The foreign investment is to enter India through the bank in Wind and solar projects. AIIB approves 500 million USD for MUTP 3 On November 16, 2019, the bank approved a loan ..
Month: Current Affairs - November, 2019
Category: Economy & Banking Current Affairs - 2022
Topics: AIIB • AIIB-India • Foreign Investments in India • Infrastructure Development • Infrastructure Investments
AIIB approves $1.5 billion in loans to India for infrastructure projects
China-based Asian Infrastructure Investment Bank (AIIB) has approved $1.5 billion in loans to India for infrastructure-related projects in 2018. The funds will be used for investment in India’s energy, roads and urban development projects. It also includes $200 million commitment to India’s National Investment and Infrastructure Fund (NIIF) to spend on roads, housing and urban ..
Month: Current Affairs - February, 2018
Topics: AIIB • AIIB-India • Business • infrastructure projects • National