Asian Development Bank: GK, General Studies and Current Affairs

ADB: Asian Economy to shrink for First Time since 1960s

The Asian Development Bank have predicted that the Asian economy will shrink for the first time since the early 1960s amid the COVID-19 Pandemic. The report states that downfall in the level of growth will ..

ADB provides loan for Delhi-Meerut RRTS Corridor

To build a high-speed 82-km Delhi-Meerut regional rapid transit system (RRTS) corridor, India and Asian Development Bank (ADB) signed a 500-million-dollar loan on September 8, 2020. This will improve regional connectivity and mobility in the Delhi-NCR ..

ILO-ADB report: concern expressed on job loss of 41 lakh youth in India amid the Covid-19 pandemic

The joint report of the International Labour Organization and the Asian Development Bank titled ‘Tackling the COVID-19 youth employment crisis in Asia and the Pacific’ apprehended that the COVID-19 pandemic may hit with a job ..

USD 1 billion loan approved by ADB for 2025 visioned Delhi-Meerut Rapid transit system

Manila based Asian Development Bank (ADB) approved a total of 1 billion  USD  loan to provide assistance for the construction of modern, high-speed Delhi-Meerut Regional Rapid Transit System. ADB’S finance will include the construction of ..

Rs 22 Crore granted by ADB to India for COVID 19

The multilateral funding agency, Asian Development Bank, has approved $3 million (About Rs 22 Cr) grant to India from its Asia-Pacific Disaster Response Fund to strengthen the emergency response of the government to combat the ..