India ADB loan agreement Current Affairs, GK & News

ADB to provide USD 350 million to improve access to urban services in India

The Asian Development Bank (ADB) is set to provide USD 350 million loan for improving access to urban services across India. Key Points Access to urban services will be improved: By accelerating policy actions and reforms of enhancing service delivery and By promoting performance-based central fiscal transfers to urban local bodies (ULBs). ADB will also provide knowledge and ..

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India- ADB agreements for projects in Uttarakhand and TN

Central government has signed two loan agreements for Projects in the state of Uttarakhand and Tamil Nadu. Key Facts The loan agreement of Rs 2,074 crore will be used for – affordable housing project in Tamil Nadu and water sanitation programme in Uttarakhand. Government and ADB signed a USD 150 million loan agreement to provide access ..

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India applies for vaccine loans from ADB & AIIB

India applied for a $2 billion loan from Asian Development Bank (ADB) and Asian Infrastructure Investment Bank (AIIB) to purchase about 700 million Covid-19 vaccines. Highlights India applied for the loan as it seeks to boost immunisation rate of eligible population here. This application was meant to leverage India’s membership of the multilateral financing institutions ..

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India-ADB sign PRF loan to support Urban Mobility in Mizoram

The Government of India and Asian Development Bank (ADB) signed a $4.5 million project readiness financing (PRF) loan on October 26, 2021. Key Points The loan agreement will support project preparation and design activities for improving urban mobility in capital city, Aizawl in the state of Mizoram. PRF supports the development of long-term solutions for ..

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