asian development bank

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    ADB to Invest $10 Billion in Pakistan Over Next 5 Years

    Islamabad, March 19 The Asian Development Bank (ADB) is expected to provide approximately USD 10 billion in financing to Pakistan over the next five years, according to a media report on Thursday.The Manila-based lending agency said the facility is part of its 2026-30 Country Partnership...
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    Musi River Rejuvenation Project: BRS Protest and Government Response

    Hyderabad, March 18 Alleging corruption and an unsystematic approach by the Congress government in the proposed Musi river rejuvenation project, the BRS staged a walkout from the Telangana Legislative Assembly on Wednesday, even as the government accused the opposition party of "mud-slinging"...
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    Rama Rao Accuses Telangana of ₹1.5 Lakh Crore Musi Scam

    Hyderabad, March 18 – Bharat Rashtra Samithi (BRS) working president and MLA, K.T. Rama Rao, on Wednesday alleged that the Telangana government was carrying out a ₹1.5 lakh crore financial scam in the name of the Musi Riverfront development project.Speaking in the Assembly during Question...
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    MUHCS 2.0 Launched: Enhanced Coverage and Funding

    Aizawl, March 16 Chief Minister Lalduhoma launched the upgraded version of the Mizoram Universal Health Care Scheme and a dedicated 24-hour call centre on Monday.The new version of the scheme, which will come into effect from April 1, introduces stricter emergency protocols and expanded...
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    Universal Healthcare Expansion in Mizoram: Key Changes Announced

    Aizawl, March 16, 2026: The Chief Minister of Mizoram, Mr. Lalduhoma, today launched the Mizoram Universal Health Care Scheme (MUHCS) 2.0 and the MUHCS Call Centre at the Assembly Annex Conference Hall during the lunch break of the Assembly session.At the launch programme, Health Minister...
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    Chennai Metropolitan Water Supply Board Receives Major Infrastructure Order

    Mumbai, March 14 Water technology company VA TECH WABAG announced on Saturday that it has secured a Rs 1,000 crore order from the Chennai Metropolitan Water Supply and Sewerage Board (CMWSSB), funded by the Asian Development Bank (ADB).The order involves developing a looped transmission...
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    7,110 km Rural Roads to Be Rebuilt in Karnataka: Government Targets 1.5 Year Timeline

    Bengaluru, March 11 Karnataka Rural Development and Panchayat Raj Minister Priyank Kharge said on Wednesday that the state government aims to complete all 7,110 km of rural roads being rebuilt under the ‘Pragathi Patha’ scheme within the next 1.5 years.Responding to a question raised by...
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    India Infrastructure Finance Company Projects Growth

    New Delhi, March 9 State-owned India Infrastructure Finance Company Ltd (IIFCL) is set to cross the Rs 1 lakh crore loan book milestone in FY2026-27, driven by a strong project pipeline, its Managing Director Rohit Rishi has said."As of December 31, 2025, IIFCL's loan book stood at Rs 80,515...
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    State Budget Includes Measures to Combat Caste Discrimination in Higher Education

    Bengaluru, March 6 Karnataka Chief Minister Siddaramaiah announced on Friday that the state would enact the Rohith Vemula Bill to prevent caste-based atrocities against students in all government, private, and deemed universities across the state.Last year, Congress leader Rahul Gandhi had...
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    Government Announces Measures to Protect Student Well-being in Karnataka

    Bengaluru, March 6 – In a major move, the Congress-led Karnataka government has announced a ban on social media for children under 16 years of age in the state. Chief Minister Siddaramaiah made the announcement on Friday while presenting the budget for the 2026-27 financial year in the...
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    Funding Boost for Motilal Oswal: Expanding Access to Sustainable Housing

    Mumbai, March 4 Motilal Oswal Home Finance announced on Wednesday that it has signed an agreement to raise USD 100 million in non-convertible debentures (NCDs) from the Asian Development Bank (ADB) to expand lending to women borrowers and promote green-certified affordable housing projects.The...
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    Mizoram Addresses High Cancer Rates Through Healthcare Initiatives

    Aizawl, March 1 – Mizoram has the highest incidence and mortality rates for cancer in India, with the Aizawl district reporting an age-adjusted incidence rate of 269.4 per 100,000 men, health officials said on Sunday.A senior official from the Health and Family Welfare Department said that...
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    IIFL Home Finance Secures $300M Loan for Affordable Housing

    New Delhi, February 27 IIFL Home Finance announced on Friday that it has signed a $300 million loan agreement with the Asian Development Bank (ADB) to improve access to affordable housing finance for low-income borrowers, particularly women.This loan marks IIFL Home Finance's first syndicated...
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    New Schools Planned Across West Bengal with Rs 2,500 Crore Investment

    Kolkata, February 26 A total of 430 model schools will be established in West Bengal with financial assistance from the Asian Development Bank, at a cost of nearly Rs 2,500 crore, state education minister Bratya Basu said on Thursday.Speaking to reporters after a Cabinet meeting at Nabanna...
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    New Mizoram Budget Aims to Boost Rural Development and Combat Substance Abuse

    Aizawl, Feb 26 – The Chief Minister of Mizoram, Lalduhoma, presented a budget of ₹17,469.91 crore for the 2026-2027 fiscal year in the state assembly, with a focus on improving social infrastructure and boosting the agricultural sector.The Chief Minister also presented supplementary demands...
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    ADB and Aavas Financiers Partner to Promote Climate-Resilient Housing

    New Delhi, February 24 The Asian Development Bank said on Tuesday that it has signed a senior secured debt financing package of up to USD 108 million (approximately INR 983 crore) with NBFC Aavas Financiers to expand access to affordable housing loans for low-income households and business loans...
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    MUHCS Generates Over Rs 154 Crore, Boosts Healthcare Access

    Aizawl, February 19 Over 11.54 lakh beneficiaries, including 2.22 lakh holders of the Golden Card, have been registered to avail cashless treatment under the Mizoram Universal Health Care Scheme (MUHCS), Health Minister Lalrinpuii informed the state assembly on Thursday.The MUHCS was launched...
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    Chief Secretary Chairs Meeting to Explore ADB Partnerships

    Patna, February 16 Bihar Chief Secretary Pratyaya Amrit chaired a high-level meeting with a delegation from the Asian Development Bank (ADB) on Monday to discuss potential partnerships in infrastructure, healthcare, energy, and skills development, officials said.During the meeting, ADB's...
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    Chennai's Urban Initiatives: Insights for Odisha's Development

    Bhubaneswar, February 13 A delegation from the Odisha government undertook a visit to Chennai to study affordable housing and urban habitat initiatives supported by the World Bank and the Asian Development Bank (ADB), according to an official statement issued here on Friday.Led by Usha Padhee...
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    USD 182M Loan for Brahmaputra River Resilience

    New Delhi, February 10 The Asian Development Bank (ADB) has approved an additional USD 182 million in financing to expand its support for strengthening Assam's resilience to chronic flooding and severe riverbank erosion along the Brahmaputra.This funding supplements the ongoing USD 200...
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