India

Historic Agreements Bring Long-Awaited TAPI Pipeline Closer to Reality

After years of negotiations, Turkmenistan, one of Central Asia’s largest energy suppliers, will export natural gas to South Asia’s critically underserved market through the 1,800-kilometer Turkmenistan-Afghanistan-Pakistan-India (TAPI) pipeline. Read More

ADB, Exim Bank of India Sign Loan to Boost Trade, Jobs in Eight Poorer States

A $100 million loan from ADB to the Export-Import Bank of India will channel critical export finance to firms in some of the poorer Indian states, creating jobs through increased trade. Read More

Inclusive Growth through Better Governance and Partnerships

Growth in the Asia and Pacific region is strong, but growth alone is not enough for the region to succeed in an era of global change, ADB's President said in his annual address to the Board of Governors. Read More

Governors' Seminar: How Can Asia Respond to the Global Economic Crisis

A global slowdown can have spillover effects on Asia's economies. How can the region rebalance, diversify and ensure everyone benefits from the boom? Read More

Overview

While rapid economic growth in India has lifted millions out of poverty, income disparities and regional imbalances persist. Expansion of ADB operations to states with one or more of the following constraints—high poverty, low levels of social development, weak capacity, and inadequate infrastructure—will support the government in addressing these challenges.

ADB's country partnership strategy (CPS), 2009–2012, for India is in line with the government’s efforts to facilitate inclusive growth, as emphasized in India's 11th Five Year Plan.