ADB willing to lend over $12 billion to India over the next three years
The Asian Development Bank (ADB) said it was ready to commit over $12 billion in lending to India over the next three years (2020-22), pledging support to the Narendra Modi-led government’s new flagship initiatives such as the Jal Jeevan Mission.
This was conveyed during a meeting the visiting ADB President Takehiko Nakao had with the Prime Minister here on Thursday. Both discussed ways to enhance the partnership in areas such as promotion of new technologies and innovation, renewable energy, solar-pump irrigation, electric vehicles and battery, fintech, sustainable tourism, and recycling of plastic.
