India and ADB
In the Spotlight
ADB approved two loans worth half a billion dollars to expand water supply in five cities from just 2 hours a day to 24 hours by 2019 and improve the collection and treatment of sewage and septage waste.
India is undertaking an ambitious initiative to upgrade its sanitation system nationwide, attempting to give every house and school access to a modern toilet by 2019. Countries around Asia are grappling with the same issue.
A collection of images capturing the spirit of Asia and the Pacific in transition from poverty to greater prosperity as viewed through the lens of renowned photographers from across the region.
Spurred in part by a new government's strong mandate and wide-ranging reform agenda, the Indian economy is set to benefit from a revival of investment and improved growth in advanced economies, says ADB report.
ADB President Takehiko Nakao met with India’s Prime Minister Narendra Modi and Finance Minister Arun Jaitley in New Delhi, stressing that ADB is committed to partnering with India in reigniting growth and reducing poverty.
While continuing to support India’s endeavors to reduce poverty through infrastructure-led growth, ADB's India program has developed and matured over the years in terms of its sector, geographic, and thematic coverage, in line with the government's evolving priorities and increasing focus on inclusive and sustainable growth.
Besides continuing its support for core infrastructure sectors, such as energy, transport, and urban services, ADB is now engaged in innovations in infrastructure finance and improving water resources management, agribusiness infrastructure development, and skills development.