National Current Affairs
India, ADB Sign $2.2 Billion Development Loans
- 16 Dec 2025
- 2 min read
Why in News?
The Government of India and the Asian Development Bank (ADB) signed agreements for five loans totalling over $2.2 billion to support various key development projects across multiple sectors.
Key Points
- Regional Impact: Projects span three states (Assam, Meghalaya and Tamilnadu), boosting development across sectors and regions.
- Loan Value: Agreements worth over $2.2 billion signed between India and ADB.
- Projects Covered: Includes programmes for skilling, rooftop solar deployment, healthcare, metro rail, and ecotourism.
- Skilling Initiative: Supports Pradhan Mantri Skilling and Employability Transformation through Upgraded ITIs Programme.
- Solar Programme: Funds Accelerating Affordable and Inclusive Rooftop Solar Systems Development under Pradhan Mantri Surya Ghar: Muft Bijli Yojana (PMSGMBY).
- Healthcare Project: Includes Assam State Tertiary Health Care Augmentation Project (ASTHA).
- Urban Transport: Supports Chennai Metro Rail Investment Project (Tranche 2).
- Ecotourism & Livelihoods: Financing for Integrated Ecotourism and Sustainable Agri‑based Livelihood Development in Meghalaya.
- Flagship Programmes: Loans will further India’s national flagship programmes in renewable energy, healthcare, urban infrastructure and skill development.
ADB
- Established: 1966, headquarters at Manila, Philippines.
- Type: Multilateral development bank for Asia-Pacific region.
- Members: 68 members (49 regional, 19 non-regional).
- Objective: Promote economic growth, poverty reduction and sustainable development.
- India–ADB: India is a founding member and one of the largest borrowers from ADB.
