India, ADB ink $375 million loan pact for East Coast Economic Corridor

India and Asian Development Bank (ADB) has signed $375 million pact for loans and grants to develop 800 km Visakhapatnam-Chennai Industrial Corridor. It is the first phase of a planned 2,500-km East Coast Economic Corridor. Earlier in September 2016, ADB ..

Month: Current Affairs - February, 2017

India, ADB sign $100 Million Loan pact on Cauvery basin development

India and the Asian Development Bank (ADB) have signed a 100 million dollars loan agreement for irrigation projects, drainage system and water management in Vennar sub-basin of Cauvery delta in Tamil Nadu. The project seeks to improve water management and ..

Month: Current Affairs - July, 2016

India, ADB ink $120 million loan agreement for irrigation in Odisha

India has signed loan agreement of US 12 crore dollars with the Asian Development Bank (ADB) to improve irrigation and water management infrastructure in Odisha. The soft loan is the second tranche of a 157.5 million dollars financing facility under ..

Month: Current Affairs - June, 2016