Page-4 of ADB
Government inks $150 Million loan agreement with ADB for India’s first Global Skills Park in MP
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 ..
Month: Current Affairs - October, 2018
ADB approves US $150 million loan for establishing first multi-skills park in MP
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 ..
Month: Current Affairs - September, 2018
India inks $346 million loan agreement with ADB to improve State Highways in Karnataka
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 ..
Month: Current Affairs - August, 2018
ADB to provide US $375 million loan for Madhya Pradesh Irrigation Efficiency Improvement Project
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 ..
Month: Current Affairs - August, 2018
ADB to $245 million provide loan for safe, sustainable drinking water service in West Bengal
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 ..
Month: Current Affairs - August, 2018
India to remain fastest growing major economy till 2019-20: ADB
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). ..
Month: Current Affairs - July, 2018
ADB approves Lining Project of Son Canal in Bihar
The Asian Development Bank (ADB) has approved Lining Project of Son canal in Shahabad-Bhojpur region of Bihar. The estimated cost of this project is US $503 million (Rs 3272.49 crore) out of which US $352 million is being provided by ..
Month: Current Affairs - July, 2018
India’s economy to grow 7.3% in 2018-19 and 7.6% in 2019-20: ADB Outlook
The Asian Development Outlook 2018 released by Asian Development Bank (ADB) has projected India’s economic growth to 7.3% in 2018-19 fiscal and further to 7.6% in 2019-20 fiscal. The ADB’s growth projection is in line with that of rating agency ..