January 8, 2026 10:20 AM

Assam CM lays foundation stones for projects worth Rs 272 crore

In an effort to control flood and erosion in Assam’s Dhakuakhana, Chief Minister Himanta Biswa Sarma, during his visit to Lakhimpur district on Wednesday, laid the foundation stones for four projects worth Rs 272.21 crore. The projects also focus on heritage promotion and public welfare. As a long-term measure to address chronic flood and erosion problems in Dhakuakhana, the Chief Minister laid the foundation stone for a scheme from Bamuni Chapori to Tekeliphuta under the Climate Resilient Br...

November 29, 2025 5:02 PM

GoI, ADB sign over $800 million in loans for development projects across four states

The centre and the Asian Development Bank (ADB) have signed loan agreements worth more than $800 million for major development projects in Maharashtra, Madhya Pradesh and Gujarat, along with a $1 million technical assistance grant for a fisheries and wetlands project in Assam. The agreements were formalised under the guidance of the Department of Economic Affairs, with Saurabh Singh, Deputy Secretary, signing on behalf of the Government of India, and Mio Oka, Country Director of ADB’s India R...

September 22, 2025 10:43 PM

India, ADB sign $125 million loan agreement to upgrade urban services in Assam

The Government of India and the Asian Development Bank (ADB) on Monday signed a $125 million loan agreement to enhance urban livability and strengthen climate resilience in Assam, benefiting nearly 3.6 lakh residents across six district headquarters and Guwahati. The loan agreement for the Assam Urban Sector Development Project was signed by Juhi Mukherjee, Joint Secretary, Department of Economic Affairs, Ministry of Finance, and Mio Oka, Country Director, India Resident Mission, ADB. The proj...

December 24, 2024 1:38 PM

India, ADB sign USD 500 million loan to support green, sustainable infrastructure projects

India and the Asian Development Bank (ADB) signed a USD 500 million loan to support green and sustainable infrastructure projects aligned with the country's climate commitments. The agreement was signed on December 20, and the ADB loan, with a sovereign guarantee, will be extended to the India Infrastructure Finance Company Limited (IIFCL), according to a statement from the Union Finance Ministry. The signatories to the Financing Environmentally Sustainable Growth in Infrastructure Project were...