Page-2 of AIIB
AIIB approves 500 million USD for India
On May 8, 2020, the AIIB (Asian Infrastructure Investment Bank) approved 500 million USD to COVID-19 to India. The funds were aimed to scale up the containment efforts and strengthen the health system. This will help manage future outbreaks. Highlights ..
Month: Current Affairs - May, 2020
AIIB to finance 500 million USD projects to strengthen National Health Care Systems
The Asian Infrastructure Investment Bank is to finance 500 million USD projects in India to help the country improve its health care systems. AIIB is currently doubling its funds under COVID-19 Crisis Recovery Facility. Highlights The funding is to be ..
Month: Current Affairs - April, 2020
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 ..
Month: Current Affairs - November, 2019
3rd Annual Meeting of AIIB held in Mumbai
The 3rd Annual Meeting of Asian Infrastructure Investment Bank (AIIB) concluded in Mumbai, Maharashtra in optimistic note to raise its lending capacity to boost prosperity and security in Asia. The meeting was jointly organised by Department of Economic Affairs under ..
Month: Current Affairs - June, 2018
AIIB to invest $200 million into NIIF to boost infrastructure projects
The Asian Infrastructure Investment Bank (AIIB) has approved investment of $200 million in India’s National Investment & Infrastructure Fund (NIIF) to give greater impetus to mega infrastructure projects. It will be investing US $100 million now and remaining $100 million ..
Month: Current Affairs - June, 2018
AIIB approves $140 million loan to improve Rural Connectivity in Madhya Pradesh
The Asian Infrastructure Investment Bank (AIIB) have approved $140 million loan for project aimed at improving rural roads (connectivity) in Madhya Pradesh. It was approved at meeting of Board of Directors of AIIB recently held in Beijing, China. Key Facts ..