Asian Development Bank and India: Fact Sheet

Date: April 2014
Type: Brochures and Flyers
Country:
Subject:
Series: Fact Sheets

Description

Updated yearly, this ADB Fact Sheet provides social and economic indicators on India as well as concise information on ADB's operations in the country and contact information.

India has been a founding member of ADB since its establishment in 1966. ADB commenced its operations in the country in 1986, during the initial stages of India’s economic reforms. 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 of India’s evolving priorities and increasing focus on inclusive and sustainable growth.

India is now ADB’s fourth largest shareholder. Since the start of its lending operations in 1986, ADB has approved 210 loans amounting to $31.5 billion, $173.8 million for 10 grants, and $262 million for 348 technical assistance projects as of 31 December 2013.