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It also undertakes research projects sponsored by the State and Central governments, as well as international agencies like World Bank, Department For International Development (DFID), Ford Foundation, European Community, Rockefeller Foundation and Asian Development Bank. Conducting interdisciplinary research in analytical and applied areas of ...
The Asian Development Bank (ADB) will provide 43-48% of the total project cost through a loan at an interest rate of 1.4%. The Government of Maharashtra is the guarantor for the loan. [54] On 2 March 2019, the Union Ministry of Finance stated that it signed a $926 million loan agreement with the ADB to fund the construction of Line 2 and Line 7.
On 1 May 2019, the Asian Development Bank (ADB) gave in-principle approval to fund the Bhopal Metro project. The Union Government will stand as guarantor for the loan. The Union Government will stand as guarantor for the loan.
The Asian Development Bank (ADB) is a regional development bank established on 19 December 1966, [3] which is headquartered in 6 ADB Avenue, Mandaluyong, Metro Manila 1550, Philippines. [4] The bank also maintains 31 field offices around the world [ 5 ] to promote social and economic development in Asia.
The South Asia Subregional Economic Cooperation (SASEC) Program, set up in 2001, brings together Bangladesh, Bhutan, India, Maldives, Myanmar, Nepal, and Sri Lanka in a project-based partnership to promote regional prosperity by improving cross-border connectivity, boosting trade among member countries, and strengthening regional economic cooperation. [1]
India's line of credit to Africa is close to $9 billion, with projects taking up $7.4 billion. India sent a grant of $100 million to UN to fight Ebola and another $20 million bilaterally to Guinea to tackle the disease. [2] India was the first Asian country to become a member of the Africa Capacity Building Foundation (ACBF). [11]
Students on joint India and Pakistan Independence Day Celebration. At the 13th SAARC Summit held in Dhaka in November 2005, Indian Prime Minister Manmohan Singh proposed the establishment of a South Asian University to provide world-class facilities and professional faculty to students and researchers from SAARC member countries. [5]
Batumi Bypass Road Project: 114.2: Asian Development Bank 15 June 2017: India: India Infrastructure Fund: 150.0: Other investors 15 June 2017: Tajikistan: Nurek Hydropower Rehabilitation Project, Phase I: 60.0: World Bank and Eurasian Development Bank 4 July 2017: India: Gujarat Rural Roads Project: 329.0: Government of Gujarat 4 September 2017 ...