ADB Outlook Supplement Current Affairs - 2020

ADB approved $300 million loan to develop Rajasthan’s secondary towns

The Asian Development Bank (ADB) has approved a 300 million dollar (about Rs 2,200 crore) loan to develop the inclusive water supply, sanitation infrastructure and services in secondary towns of Rajasthan. Key Facts The project will improved water supply services for about 5.7 lakh people. It will enhance sanitation services for about 7.2 lakh people Read More…

ADB retains India’s growth forecast at 7.3% for FY19

Asian Development Bank (ADB) in its Outlook Supplement has retained India’s growth forecast at 7.3% for current fiscal (2018-19) and 7.6% in following financial year (2019-20). It held that India is maintaining growth momentum on rebounding exports and higher industrial and agricultural output. Key Facts India saw GDP growth moderate to 7.1% in Q2 of Read More…