ADB loans to India
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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