India-ADB Current Affairs, GK & News

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. His resignation came in as a shock to the country. He resigned after serving for ..

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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-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 of the department of economic affairs and Takeo Konishi who is country director of ADB ..

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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. It will also build capacity of state agencies for improved service delivery. Agartala City Urban ..

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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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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 to improve service delivery in four towns of Jharkhand. This project is in line with ..

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