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ADB lends US$250M for all-weather road

Road design to cover heavy rainfall and storm surges The Asian Development Bank (ADB) is lending US$250 million for the construction of 6,254 kilometres all-weather rural roads in the States of Assam, Chhattisgarh, Madhya Pradesh, Odisha and West Bengal.

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ADB’s Indian project lending to be US$3bn

Progress of 55 projects reviewed The Asian Development Bank is willing to enhance its annual sovereign lending to Indian projects from the present US$2 billion to US$3 billion, said Diwesh Sharan, Deputy Director General (DDG) for ADB’s South Asia Department, co-chaired the Tripartite Portfolio Review