ADB launches India strategy for 2023-27; focus on employment creation, green growthThe Asian Development Bank (ADB) has launched its 2023-27 country partnership strategy for India, pledging to focus on accelerating structu...
31 May, 2023, 12.54 AM IST
ADB operations to focus on job creation, promoting climate-resilient growth during 2023-27The Asian Development Bank (ADB) has launched a new Country Partnership Strategy (CPS) for India, with the focus of deepening its engagemen...
30 May, 2023, 05.45 PM IST
ADB lowers India growth estimate to 6.4%The Asian Development Bank (ADB) has revised its growth forecast for India downwards from 7.2% to 6.4% this year, due to a global slowdown,...
05 Apr, 2023, 12.20 AM IST
Asian Development Bank partners with GOI to provide $3 million PRF facilityThe signatories to the PRF for the proposed Agartala Municipal Infrastructure Development Project were Rajat Kumar Mishra, Additional Secre...
06 Dec, 2022, 12.19 PM IST
ADB lends record USD 4.6 bn loans to India in 2021Of the COVID-19-related assistance, USD 1.5 billion was towards vaccine procurement and USD 300 million to strengthen primary health care i...
06 Feb, 2022, 03.44 PM IST
ADB to provide USD 112 mn to set up skill universityThe project will support the design and construction of environmentally sustainable and climate-resilient ASU campus and facilities equippe...
20 Dec, 2021, 06.00 PM IST
State govt inks loan agreement with Asian Development Bank for setting up Assam Skill University projectThe loan agreement was signed today between Takeo Konishi, Country Director, India Resident Mission, ADB and Adil Khan, Mission Director, A...
17 Dec, 2021, 08.47 PM IST
Centre inks two loan pacts of Rs 2,074 crore with Asian Development BankThe government and the ADB signed a USD 150 million (around Rs 1,132 crore) loan agreement to provide access to inclusive, resilient, and s...
07 Dec, 2021, 07.18 PM IST
ADB signs pact for USD 250 mn loan for National Industrial Corridor Development ProgramADB said India has initiated significant reforms to increase the manufacturing sector's productivity and competitiveness like streamlined b...
01 Dec, 2021, 07.42 PM IST
India, ADB sign USD 300 bn loan to improve access to healthcare in urban areas of 13 statesAs per an official release by the Ministry of Finance, "Rajat Kumar Mishra, Additional Secretary, Department of Economic Affairs in the Min...
24 Nov, 2021, 07.39 PM IST
India, ADB sign USD 251 mn loan for urban flood management in ChennaiDepartment of Economic Affairs Additional Secretary Rajat Kumar Mishra and ADB India Resident Mission Country Director Takeo Konishi signed...
28 Oct, 2021, 07.49 PM IST
Asian Development Bank cuts India’s GDP growth forecast to 10 percent for FY21"The forecast, for the 12 months ending 31 March 2022, takes into account disruptions in economic activity caused by the second COVID-19 pa...
22 Sep, 2021, 11.16 AM IST
ADB and GoI sign $300 million additional financing for Maharashtra Rural Connectivity Improvement ProjectThe additional financing for the project will help improve an additional 1,100 rural roads and 230 bridges for a total length of 2,900 kilo...
08 Sep, 2021, 09.49 PM IST
India-ADB sign USD 500 million loan agreement to expand metro rail network in BengaluruThe project will construct two new metro lines, mostly elevated, along Outer Ring Road and National Highway 44 between Central Silk Board a...
19 Aug, 2021, 08.33 PM IST
ADB annual funding to India hits record highThe total amount included $3.92 billion in sovereign loans for 13 projects, including $1.8 billion as pandemic-related support, and a $356 ...
14 May, 2021, 11.38 PM IST
India signs $133 million loan agreement with ADB for Meghalaya's power distribution sectorThe loan will be supplemented by a $2 million grant from the ADB’s Japan Fund for Poverty Reduction to finance renewable energy projects an...
01 Dec, 2020, 04.31 PM IST
Asian Development Bank appoints Takeo Konishi as Country Director for IndiaKonishi succeeds Kenichi Yokoyama who has taken over as Director-General of ADB's South Asia Department and will be based at ADB headquarte...
14 Sep, 2020, 01.59 PM IST