As per the data official released by the Asian Development Bank (ADB), it provided a record USD 4.6 billion in sovereign lending to India in 2021. This included USD 1.8 billion towards coronavirus disease (COVID-19) pandemic response. The ADB’s regular funding programme to India is made to support transport, urban development, finance, agriculture, and skills building. The ADB’s project portfolio in 2021 reflected the Indian government’s focus on transforming cities into economically vibrant and sustainable communities.
Buy Prime Test Series for all Banking, SSC, Insurance & other exams
The USD 4.6 billion was committed by ADB for 17 loans. The USD 1.8 billion COVID-19-related assistance included USD 1.5 billion for vaccine procurement and USD 300 million to strengthen primary health care in urban areas and the country’s future pandemic preparedness.
Important takeaways for all competitive exams:
National News Mahesh Dixit Appointed New Intelligence Bureau Director The Government of India has appointed…
The Indian Air Force (IAF) strengthened the long range precision strike by getting around 40…
Indian schools have achieved the milestone as total 7 Indian schools secured places in Top…
India achieved the milestone as it commissioned the world’s first hydrogen production facility, which is…
Honorable Japanese Prime Minister Sanae Takaichi is scheduled to visit New Delhi from 1st to…
The India-Seychelles defense partnership has been emerged as the key pillar of maritime security in…