Q. India signed USD 1.2 billion loan agreements for infrastructure projects with which institution?
Answer:
Asian Development Bank
Notes: Indian Government signed USD 1.2 billion loan agreements for infrastructure projects with Asian Development Bank.
A loan agreement was signed worth USD 350 million to improve connectivity in Maharashtra, and a loan agreement worth USD 300 million to upgrade highways and major roads in Assam. Other agreements are to improve power sector in Tripura and metro rail system in Chennai, Tamil Nadu.