Current Affairs - Finance - Discussion

India entered into a major development financing partnership with the Asian Development Bank through the signing of five loan agreements exceeding $2.2 billion. These loans are aimed at supporting national and state-level initiatives across diverse sectors such as skill development, rooftop solar energy, healthcare infrastructure, metro rail expansion, and ecotourism-based livelihoods. The collaboration reflects India’s focus on inclusive and sustainable growth, climate action, and capacity building. By extending financial and technical assistance, the Asian Development Bank plays a key role in strengthening India’s development priorities while supporting long-term economic resilience and social infrastructure improvement.