Page-4 of Topic: Asian Development Bank (ADB)

Empowered Group constituted to coordinate COVID-19 related Response Activities

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...

April 6, 2020

India seeks 6 billion USD loans from ADB, AIIB

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...

April 4, 2020

Asian Development Bank to invest 100 million USD in NIIF

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...

March 30, 2020

Motor Vehicles Act: 10% reduction of road accidents in 5 months

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...

March 16, 2020

ADB to finance Railways Track Electrification Project in India

The Asian Development Bank (ADB) has signed an agreement to electrify railway tracks in India under Railways Track Electrification Project. As per agreement ADB will provide $750 million...

May 24, 2019

ADB commits USD 10 billion to support development of States in India

The Asian Development Bank has committed USD 10 billion to support infrastructure building and to cater to the immediate development needs of less-developed States in India. This has been...

June 30, 2017

Government signs $ 75 million loan deal with Asian Development Bank for KIUWMIP

Government has signed a loan agreement with Asian Development Bank (ADB) for 75 million dollars and 1.8 million dollar grant for Karnataka Integrated Urban Water Management Investment Program...

January 1, 2015