India and ADB Sign $26 Million Loan Agreement for Additional Financing to Assam Urban Project

The Government of India and the Asian Development Bank (ADB) signed in New Delhi a $26 Million Loan Agreement to provide additional financing for improving drainage infrastructure in Dibrugarh town of Assam under the ongoing Assam Urban Infrastructure Investment Program.

Mr. Hoe Yun Jeong, OIC, India Resident Mission signed the Agreement on behalf of ADB and Mr. Sameer Kumar Khare, Additional Secretary (Fund Bank and ADB), Department of Economic Affairs, Ministry of Finance signed on behalf of India.

Source- Press Information Bureau (PIB)

Static/Current Takeaways Important For LIC AAO Mains Exam:

  • Asian Development Bank Headquarters: Manila, Philippines, President: Takehiko Nakao.

Find More Agreements Here

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