Developmental Funds Current Affairs, GK & News

ADB to increase Annual Lending to India to $4 billion

The Asian Development Bank (ADB) has decided to increase its annual lending to India to maximum of $4 billion between 2018 and 2022 to help fasten inclusive economic transformation towards upper middle income status. The new lending programme also includes private sector operations. It is much higher than average $2.65 billion a year in loans ..