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Government inks $31 million loan agreement with ADB to develop tourism and boost jobs in Tamil Nadu

December 12, 2018

Union Government has inked $31 million loan agreement with Asian Development Bank (ADB) for Tamil Nadu Government’s Infrastructure Development Investment Program for Tourism (IDIPT). It is fourth loan tranche for this program aimed at building-up tourism industry and boost visitor ..

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Government inks $75 million loan with ADB to improve Urban Services in 4 Karnataka Towns

November 28, 2018

Union Government has inked $75 million loan agreement with Asian Development Bank (ADB) for Karnataka Integrated Urban Water Management Investment Program. Under it 24 x7 water supply will be provided in Karnataka’s four coastal towns of Kundapura, Mangalore Puttur and ..

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ADB to provide US $13 million loan to EESL to promote efficient energy usage in India

November 12, 2018

Asian Development Bank (ADB) it will provide US $13 million loan to Energy Efficiency Services (EESL) to promote efficient energy usage in India. It will be provided by Global Environment Facility (GEF) as part of US $200 million ADB-financed Demand-Side ..

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Government inks $110 million loan agreement with ADB to upgrade rural roads in MP

October 6, 2018

Government has inked $110 million loan agreement with Asian Development Bank (ADB) to upgrade all-weather rural roads in Madhya Pradesh under Pradhan Mantri Gram Sadak Yojana (PMGSY). It is second tranche of $500 million Second Rural Connectivity Investment Programme for India ..

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Government inks $150 Million loan agreement with ADB for India’s first Global Skills Park in MP

October 4, 2018

Government has inked US $150 million loan agreement with multilateral lender Asian Development Bank (ADB) for establishing India’s first Global Skills Park park in Bhopal, capital of Madhya Pradesh. It will have training facilities focusing on skills for manufacturing, service ..

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ADB approves US $150 million loan for establishing first multi-skills park in MP

September 28, 2018

Multilateral lender Asian Development Bank (ADB) will provide US $150 million loan for establishing first multi-skills park in central Indian state of Madhya Pradesh. This new flagship GSP campus will be established in state capital Bhopal from where about 20,000 ..

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India inks $346 million loan agreement with ADB to improve State Highways in Karnataka

August 31, 2018

India has inked $346 million loan agreement with Asian Development Bank (ADB) to finance Karnataka State Highways Improvement III Project (KSHIP-III) for improvement of over 400 km of state highways in Karnataka. This will help in enhancement of connectivity and ..

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ADB to provide US $375 million loan for Madhya Pradesh Irrigation Efficiency Improvement Project

August 30, 2018

Union Government has signed $375 million loan agreement with Asian Development Bank (ADB) for Madhya Pradesh Irrigation Efficiency Improvement Project. The project will contribute to double farming incomes in Madhya Pradesh by expanding irrigation networks and system efficiency. Madhya Pradesh ..

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ADB to $245 million provide loan for safe, sustainable drinking water service in West Bengal

August 30, 2018

Asian Development Bank (ADB) has approved financing package of $245 million to implement project for providing safe, sustainable drinking water service to million people in three districts of West Bengal affected by arsenic, fluoride, and salinity. The project will provide ..

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India to remain fastest growing major economy till 2019-20: ADB

July 21, 2018

According to Asian Development Bank (ADB), India will continue to be fastest growing major economy, ahead of China, with growth rate of 7.3% in 2018-19 and 7.6% in 2019-20.  The growth projections were supplement to ADB’s Asian Development Outlook (ADO). ..

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