India-ADB
Urjit Patel – New Vice President of AIIB
Urjit Patel served as the 24th Governor of RBI (Reserve Bank of India). He was recently appointed as the Vice President of Asian Infrastructure Investment Bank. Urjit Patel He was born in Kenya. In 2018, he resigned as RBI governor. ..
Month: Current Affairs - January, 2022
Category: Awards, Honours & Persons in News
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 ..
Month: Current Affairs - December, 2021
India-ADB sign USD 300 million loan to improve healthcare access in urban areas
Indian government and Asian Development Bank (ADB) signed a loan agreement of 300 million U.S. dollars in order to improve primary health care in urban areas. Highlights This agreement was signed by Rajat Kumar Mishra, who is a senior official ..
Month: Current Affairs - November, 2021
Govt and ADB sign $61 million loan for development of Agartala
Indian government and Asian Development Bank (ADB) signed a loan agreement of $61 million in order to improve liveability, promote new developments and harness technology. Key Facts The loan agreement will help in accommodating the expanding population in Agartala city. ..
Month: Current Affairs - November, 2021
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 ..
Month: Current Affairs - October, 2021
India-ADB deal to improve urban water supply infrastructure in Jharkhand
Government of India and Asian Development Bank (ADB) signed a $112 million loan in order to develop water supply infrastructure in the state of Jharkhand. Key facts The loan will also strengthen capacities of urban local bodies (ULBs) in order ..
Month: Current Affairs - September, 2021
India-ADB sign loan to expand Rural Connectivity in Maharashtra
Indian government and the Asian Development Bank (ADB) signed a 300-million-dollar loan on September 8, 2021 to expand rural connectivity in Maharashtra. Highlights Loan agreement was signed as additional financing in order to scale up improvement of rural connectivity. Additional ..
Month: Current Affairs - September, 2021
ADB approves $150 million loan for T.N. urban poor housing project
On September 3, 2021, Asian Development Bank (ADB) approved a $150 million loan for Tamil Nadu Urban Poor Housing Project. Key Points According to ADB, Tamil Nadu is vital for the economic growth of India. It is currently contributing 8.54 ..