New Delhi: The Asian Growth Financial institution (ADB) dedicated $5 billion in loans, grants, and different help to India in 2024, supplemented by $2.2 billion in cofinancing, to bolster the nation’s efforts in tackling key developmental challenges. The financial institution’s help targeted on important sectors together with healthcare, schooling, and infrastructure improvement throughout numerous states.
To handle urgent healthcare wants, the ADB offered a major $500 million mortgage to the Maharashtra authorities. In Meghalaya, the ADB prolonged its help to enhance entry to high quality schooling and abilities coaching, notably concentrating on deprived youth. A $64 million mortgage signed in 2024 is facilitating infrastructure upgrades in 65 secondary colleges and 10 industrial coaching institutes. -Our Bureau
