Government of India, ADB sign $125 million loan to boost urban livability and climate resilience in Assam

September 22, 2025 8:55 PM September 22, 2025 8:55 PM

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Government of India, ADB sign $125 million loan to boost urban livability and climate resilience in Assam

The Government of India and the Asian Development Bank (ADB) today signed a 125 million dollar loan agreement to enhance urban livability and bolster climate resilience in six district headquarters and Guwahati, in the State of Assam. The project will benefit 3 Lakh 60 thousand residents of Assam by delivering a continuous metered water supply and upgrading storm water management systems. It also seeks to strengthen urban governance through institutional reforms and capacity building.     The Fi...

ADB predicts 6.5 percent GDP growth for Bangladesh in FY 2024

September 20, 2023 6:55 PM September 20, 2023 6:55 PM

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ADB predicts 6.5 percent GDP growth for Bangladesh in FY 2024

Asian Development Bank (ADB) has projected Bangladesh’s gross domestic product (GDP) growth to be 6.5 percent in the fiscal year 2024, compared to an estimated growth of 6 percent in fiscal 2023.  The projection was made in the latest ADB report, ‘Asian Development Outlook (ADO) September 2023,’ released on Wednesday. The slightly faster growth forecast reflects an improvement in domestic demand and better export growth due to economic recovery in the euro area, ADB said in a press release....

India, ADB sign 295 million dollar loan agreement to upgrade around 265 Km State highways in Bihar

July 27, 2023 7:40 PM July 27, 2023 7:40 PM

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India, ADB sign 295 million dollar loan agreement to upgrade around 265 Km State highways in Bihar

The Government of India and Asian Development Bank (ADB) today signed a 295 million dollar loan agreement to upgrade around 265 kilometer State highways in Bihar. The project supports the government of Bihar’s programme to upgrade all State highways to standard two-lane widths and improve road safety. The improved roads will enhance connectivity in some of Bihar's poorest rural districts and promote access to health and education facilities, and markets to improve people’s lives. The projec...