#infrastructure-funding
ADB commits $1 bn to support sustainable growth and resilience of India's cities
The Asian Development Bank approved significant funding for India's urban development initiatives. A USD 1 billion loan will support urban reforms and investments across the nation. Another USD 850 million loan will accelerate India's rooftop solar program …
India taps World Bank, ADB for $2.5 billion infrastructure spend
India is in talks with the World Bank and Asian Development Bank for substantial funding. This financial support aims to boost urban infrastructure and create jobs. The loans will help New Delhi manage its budget after increased spending on subsidies. The gov…
India Taps World Bank, ADB for $2.5 Billion Infrastructure Spend
India is said to be in talks with multilateral lenders to secure about $2.5 billion in funding from existing credit lines as New Delhi tees up fresh sources of money after the Middle East conflict crimped its ability to step up spending.