Current Affairs - Economy - Discussion

The Asian Development Bank committed $4.26 billion in sovereign lending to India in 2025, marking a significant contribution to the country’s inclusive and sustainable development agenda. The funding supports a wide range of priority sectors, including skill development through ITI modernization, expansion of renewable energy via rooftop solar projects, urban infrastructure upgrades, metro and rapid rail expansion, healthcare improvements, and ecotourism development. This financial support aligns with India’s long-term growth strategy and reflects the Asian Development Bank’s role as a key development partner, focusing on clean energy transition, urban transformation, and human capital development.