ADB loans to India

Tags: Economics/Business

The Government of India has signed various agreements with the Asian Development Bank (ADB) for financing various projects in India.

  • ADB will provide $112 million for setting up a skill university in Assam.
  • It will provide a $150 million loan for a sustainable housing project for the urban poor in the state of Tamil Nadu.
  •  It will provide a $350 million policy-based loan to the Government of India to improve access to urban services in India by accelerating policy actions and reforms to enhance service delivery and promote performance-based central fiscal transfers to urban local bodies (ULBs).

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