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...