The Government of India recently signed 133 million USD loan Agreement with the Asian Development Bank. Agreement was signed to strengthen the power distribution sector in the state...
The Private secretary of Prime Minister Modi Rajeev Topno was recently appointed as the Senior Advisor to the Executive Director of World Bank. Also, a joint secretary at...
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...
On April 20, 2020, Finance Minister Smt Nirmala Sitaraman attended the fifth annual meeting of the Board of Governors of the National Development Bank through a video conference....
On April 13, 2020, the World Bank released its report “South Asia Economic Focus”. According to the report, the Indian Economy is expected to grow at 1.5% to...
India had earlier approached Asian Development Bank and Asian Infrastructure Investment Bank for loans to fight against COVID-19. With India’s request, the ADB has assured a loan of...
On April 5, 2020, the Government of India constituted an empowered group under the chairmanship of NITI Aayog CEO Amitabh Kant. The group will coordinate with NGOs, private...
The World Bank has funded 1 billion USD to India to fight against COVID-19. With the COVID-19 cases increasing further, India seeks 6 billion USD from ADB and...
On March 30, 2020, the Asian Development Bank announced that it is to invest 100 million USD in National Investment and Infrastructure Fund (NIIF). The investment during an...
On March 16, 2020, the Minister of Transport Nithin Gadkari informed Rajya Sabha that there has been 10% decrease in road accidents since the passage of Motors Vehicles...