Current Affairs - National - Discussion

India and ADB have signed 3 important loan agreements in various fields/projects in New Delhi. The 3 Loan Agreements Signed between India and ADB are: A $300 million Loan Agreement to support lending by India Infrastructure Finance Company Limited (IIFCL). A $169 million loan as the First Tranche of a $500 million multi-tranche financing to develop climate-resilient water supply, sewerage, and drainage infrastructure in at least 10 cities in the State of Tamil Nadu. A $105 million loan to continue financing the transmission system upgrades in Himachal Pradesh for increased supply of hydropower to the state and the national grid.