CURRENT AFFAIRS : BANKING & FINANCE
ADB & India signs $295 million loan to upgrade state highways in Bihar
- The Asian Development Bank (ADB) and the Government of India (GoI) signed an agreement for a $295 million loan to upgrade around 265 kilometre state highways with climate and disaster-resilient design, and road safety elements in Bihar.
- The signatories to the agreement for the Enhancing Connectivity and Sustainability in Bihar Roads Project were Vumlunmang Vualnam, Additional Secretary, Department of Economic Affairs, who signed on behalf of GoI and Mr. Takeo Konishi, Country Director for ADB in India, who signed for ADB.
