The Asian Development Bank has approved $96.3 million loan for safe drinking water and sanitation project in Himachal Pradesh. The loan has been provided under the Himachal Pradesh Rural Drinking Water Improvement and Livelihood Project. Aim: To provide piped water ...

The Asian Development Bank (ADB) on Tuesday signed an agreement with the Government of India to offer $2 million project readiness financing (PRF) loan for designing climate-resilient urban infrastructure, strengthening institutional capacity and improving municipal resource mobilisation in ...

Asian Development Bank on Wednesday projected a seven percent collective growth for South Asian economies in 2022 with the subregion's largest economy India growing by 7.5 percent in the current fiscal year before picking up to eight percent the next year. Pakistan’s growth will be four percent in ...

The Asian Development Bank (ADB) has approved a loan package of USD 143 million for Bangladesh to support government efforts to speed up the growth by improving the efficiency, predictability, and security of cross-border trade. The ADB loan package includes a $90 million ...

The Asian Development Bank (ADB) on February 06, 2022 said it provided a record USD 4.6 billion loans to India in 2021, including USD 1.8 billion towards coronavirus response. "The Asian Development Bank committed a record USD 4.6 billion in sovereign lending to India in 2021 for 17 loans. The ...

The Asian Development Bank (ADB) has approved a $112 million loans for Assam to strengthen skill education and training through the establishment of Assam Skill University (ASU). The Loan will create a path for skill development to enhance the productivity and competitiveness of Assam’s ...

Asian Development Bank has trimmed its 2021 growth forecast for India to 9.7% from 10% but left the 2022 growth forecast unchanged at 7.5%. The inflation forecast of developing Asia was revised to 2.1%  for 2021 and unchanged at 7% for 2022. ...

Asian Development Bank said it has approved a Rs 2,644.85 crore (USD 350 million) loan for India to help improve its urban services. The loan supports the policies established by the Ministry of Housing and Urban Affairs to accelerate universal coverage of piped water supply and ...

The Asian Development Bank (ADB) has approved a $500-million loan to India to help improve the quality of school education and to mitigate the impact of the Covid-19 on students’ learning. The loan supports the Integrated Scheme for School Education (Samagra Shiksha) and the ...

The Asian Development Bank has approved a USD 1.5 billion (around Rs 11,185 crore) loan to India for COVID-19 vaccine procurement. The loan from ADB will fund at least 66.7 crore COVID-19 vaccine doses for an estimated 31.7 crore people, it added. It will support India’s National ...