Rajasthan Secondary Towns Development Sector Project

In a significant development, the central government and the Asian Development Bank (ADB) recently signed a loan agreement amounting to USD 200 million as additional financing for the ongoing Rajasthan Secondary Towns Development Sector Project. This financial boost aims to ..

Tags: Asian Development Bank (ADB) • state of Rajasthan

Month: Current Affairs - July, 2023

Category: India Nation & States Current Affairs • States Current Affairs

Enhancing Connectivity and Sustainability in Bihar Roads Project

Infrastructure development plays a crucial role in fostering economic growth and improving the overall well-being of communities. In this endeavor, the Indian government, in partnership with the Asian Development Bank (ADB), has embarked on a transformative project in Bihar. The ..

Tags: Asian Development Bank (ADB) • Bihar

Month: Current Affairs - July, 2023

ADB’s Country Partnership Strategy for India

The Asian Development Bank (ADB) recently rolled out its 2023-27 country partnership strategy for India. This new strategy focuses on key areas to accelerate the country’s development and promote inclusive growth. Key Focus Areas ADB’s country partnership strategy for India ..

Tags: Asian Development Bank (ADB)

Month: Current Affairs - May, 2023

Category: India Nation & States Current Affairs • International / World Current Affairs

ADB to provide 14 billion USD aid for food security in Asia Pacific

The Asian Development Bank announced a $14 billion assistance to fight food insecurity in Asia Pacific. Key facts The funding to address food insecurity in Asia Pacific was announced as part of the 55th ADB annual meeting. It will be ..

Tags: Asian Development Bank (ADB) • food crisis • global food crisis • Global Food Security

Month: Current affairs - September, 2022

Category: Economy & Banking Current Affairs - 2022 • International / World Current Affairs

ADB releases updated Asian Development Outlook

The updated Asian Development Outlook predicts that developing economies will faster than China. Key findings For the first time in 30 years, rest of developing Asia will grow at faster pace than China. Previously, when China’s growth fell to 3.9 ..

Tags: Asian Development Bank (ADB) • Asian Development Bank Outlook 2022 • Business and Economy

Month: Current affairs - September, 2022

Category: Economy & Banking Current Affairs - 2022 • Reports & Indexes Current Affairs

IDMC-ADB report: southwest monsoon lasting longer, displacing millions in South Asia

The recently released joint report of the Internal Displacement Monitoring Centre (IDMC) and the Asian Development Bank (ADB) raised concerns regarding long southwest monsoon causing large-scale displacement of masses in South Asia. Key findings The report found that southwest monsoon ..

Tags: ADB • Asian Development Bank (ADB) • Internal Displacement • Monsoon • monsoon floods

Month: Current affairs - September, 2022

Category: Environment Current Affairs • Reports & Indexes Current Affairs