March 14, 2024 10:56 AM

India, ADB sign $181 million deal to improve livability, mobility in Ahmedabad

India and the Asian Development Bank (ADB) on Wednesday signed a $181 million loan agreement, aimed at improving infrastructure and services in the peri-urban areas, or the outskirts, of Gujarat’s Ahmedabad city. The initiative aims to achieve this by enhancing physical and social infrastructure, fostering economic vibrancy, and establishing these areas as attractive investment destinations, said Juhi Mukherjee, Joint Secretary of the Department of Economic Affairs, Ministry of Finance. Raje...