India and ADB
In the Spotlight
The Hippocampus Learning Center is helping elementary school and kindergarten students from poor families in India move away from rote learning often offered at public schools.
ADB has approved a $35 million equity investment in a joint venture with the Shapoorji Pallonji Group to build 20,000 affordable housing units in multiple cities across India, paving the way for more private investment in the sector.
At a meeting with Indian Finance Minister and ADB Governor Arun Jaitley in New Delhi, ADB President Takehiko Nakao announced plans to increase ADB's lending to India to $10 billion-$12 billion between 2016 and 2018 using its expanded lending capacity.
Smallholder spice farmers in India receive training, advice, and financial support through a private sector initiative that promotes sustainable farming. Learn more from Q&A with Akay Flavours & Aromatics.
More than two million women obtained microfinance loans between 2011 and 2014 in Asia and the Pacific. Malathi Raghu, a tailor in the south Indian city of Mangalore, is one of them. She runs a thriving business thanks to a small loan from an ADB-supported microfinance project.
India’s economy is expected to grow significantly in 2015 as progress in the government’s structural reform agenda and improved external demand lift investor confidence, says a new ADB report.
ADB supports India’s vision of faster, inclusive, and sustainable growth. The latest Development Effectiveness Brief captures the core of ADB's operations in India and showcases select interventions that are helping the government achieve its development goals.
ADB assistance to India has matured over the years to support the Government of India’s evolving priorities. ADB’s country partnership strategy, 2013-2017 for India aims to support the government’s Twelfth Five-Year Plan priorities of “faster, more inclusive, and sustainable growth.” In line with the government’s guiding principle that multilateral development partners add value beyond tangible investments, ADB builds in innovations and best practices in project design and implementation.
Projects in India
- South Asia Subregional Economic Conectivity Road Connectivity Investment Program - Tranche 1
- Infrastructure Development Investment Program for Tourism - Tranche 3
- North Eastern States Roads Investment Program (Project 2)
- Capacity Building of the Indian Renewable Energy Development Agency
- Karnataka Integrated Urban Water Management Investment Program - Tranche 1