ADB Current Affairs - 2020

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Major Anoop Mishra awarded Army Design Bureau Excellence Award

Indian Army Chief Gen. Bipin Rawat felicitated Major Anoop Mishra with prestigious Army Design Bureau (ADB) Excellence Award for indigenously developing ‘Sarvatra Kavach’, a bulletproof jacket that can provide protection against various ammunition including that from sniper steel bullets. Maj. Anoop is presently posted as Instructor at College of Military Engineering, Pune and was among the four awardees felicitated by Gen. Rawat.

About Army Technology Seminar (ARTECH)

The awards were conferred at Army Technology Seminar (ARTECH) held on 23 December 2019 at Manekshaw Centre, New Delhi. It was organized by Army Design Bureau (ADB), Indian Army jointly with Confederation of Indian Industry (CII) and Society of Indian Defence Manufacturers (SIDM). ARTECH was based on theme: Technologies for Non – Contact Warfare’.

About Sarvatra Kawach

Background: In 2014, Army Major Anoop Mishra was hit by a bullet while serving in Kashmir valley. Luckily, the bullet hit his armour plate and he was saved but following the deep trauma which he went through, he decided to work on developing an armour that can withstand hits from all kinds of ammunition which further led to making of ‘Sarvatra Kawach’.

The suit was named ‘Sarvatra Kawach’, as it provides protection from neck to ankle and upper arms. The project was sanctioned in June 2017, however, initially the design and development of a Level IIIA soft body armour suit was sanctioned but it was subsequently revised to include a Level IV hard armour panel inserts.

About Army Design Bureau (ADB)

The ADB was set up to work together with industry and academia and develop indigenous solutions for the Indian Army. ADB is also responsible for spearheading Make in India initiative. Its role is to be the facilitator for Research & Development (R&D) efforts and initiation of Procurements of Weapons and Equipment required by Indian Army.

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ADB issues $250 million loan to India to expand energy efficiency investments

Asian Development Bank (ADB) has signed a US $250 million loan agreement with Government of India to provide loan to public sector company Energy Efficiency Services Limited (EESL) so as to expand energy efficiency investments in India that will benefit agricultural, institutional and residential consumers.

Earlier, in 2016, ADB had approved a US $200 million loan to EESL for demand side energy efficiency sector project that focused on efficient lighting and appliances.

Key Highlights

In addition to US $250 million loan, a US $46 million financing will be provided from Clean Technology Fund (CTF) that will be administered by ADB. Moreover, besides the loan amount, a technical assistance of US $2 million will be provided to support EESL in implementing project.

The project includes identifying new business opportunities, a gender action plan, mobilising private sector participation in energy efficiency services, and transferring knowledge about successful models. EESL, an energy service company of Centre government will also explore business models to generate greater public demand for e-vehicles for supporting India’s current push for electric vehicles.

About Asian Development Bank (ADB)

It is s a regional development bank that was established in 1966. It is headquartered in Manila, Philippines and is owned by 68 members- 49 from the region. It is committed towards achieving inclusive, resilient, prosperous and sustainable Asia and Pacific, while sustaining its efforts to eradicate extreme poverty. In 2018, ADB made commitments of new loans and grants amounting to $21.6 billion.

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