ADB Approves $21.02 Billion in Financing in 2013

The substantial lending volume reflects Asia’s continued need for development assistance, despite impressive growth and poverty reduction efforts in recent years. Read More

Developing Asia To Extend Steady Growth in 2014

Higher demand from recovering advanced economies will be dampened somewhat by moderating growth in the PRC, says new ADB report. Read More

Indian Growth to Pick Up in 2014 But Remain Below Potential

The recent deceleration of economic growth in India appears to have bottomed out, but the economy will not reach its potential until remaining structural bottlenecks are overcome, says a new ADB report. Read More

Middle-income Trap Holds Back Asia's Potential New Tiger Economies

Moving from a low-cost to a high-value economy requires innovative companies, an improved education system, and government incentives. Read More

Overview

Rapid economic growth in India over the past 2 decades has lifted millions out of poverty. However, income disparities and regional imbalances remain.

To supplement the government’s efforts in reducing interstate disparities and promoting regionally balanced growth, ADB has expanded its operations in low income and special category states. An important aspect of ADB’s engagement in these states has been its support to strengthening the capacities of executing agencies in planning and implementation of infrastructure projects, and exposing them to new technologies and international and regional best practices.

Fast Facts

1,230.01 (2012)
Population in millions

1.6% (2010-2012)
Annual population growth rate

29.8% (2010)
Population living below the national poverty line

ADB Lending

Amount ($M) / %
Sector (No. of loans)
281.36 / 0.89
Agriculture (7)
 
100.00 / 0.32
Education (1)
 
10,771.29 / 34.04
Energy (73)
 
2,620.00 / 8.28
Finance (19)
 
20.00 / 0.06
Health (1)
 
275.90 / 0.87
Industry and Trade (5)
 
1,450.00 / 4.58
Public Sector (9)
 
10,142.05 / 32.05
Transport and ICT (49)
 
2,805.96 / 8.87
Water Supply (30)
 
3,179.00 / 10.05
Multisector (17)
 
31,645.57 / 100.00
TOTAL (211)
Cumulative as of 31 December 2013