ADB was the biggest lender to India in 2018: Report

As per the Early Warning System, which was started by the Coalition for Human Rights in Development to collect and verify information about the proposed and existing projects, India had 112 active or proposed projects funded by Development Finance Institutions (DFIs) in India.
These institutions included Asian Development Bank (ADB); Asian Infrastructure Investment Bank (AIIB); European Investment Bank (EIB); Netherlands Development Finance Company (FMO); Green Climate Fund (GCF); International Finance Corporation (IFC); New Development Bank (NDB) and World Bank (WB). As per the data, last year, India witnessed a total investment of USD 16341 million from the DFIs mentioned above. ADB was the biggest lender with total investments of USD 2049.5 Million, followed by EIB with USD 698.62 Million.
A report published on the site of the Centre for Financial Accountability by Ankit Agrawal and Anuradha Munshi says, the infrastructure and transport sector witnessed 53 per cent of all the proposed and active investments. Within this sector, ADB committed the highest 79.83 per cent.

Comments

ALSO READ...

Human rights violations: Jharkhand election official refuses to meet civil society delegation

Narmada water remains contaminated, Gujarat govt "changed norms" to declare it fit to drink

BJP manifesto follows Savarkar's two-nation theory, ignores minorities: MCC

Book on seven interconnected "political" murders, including Haren Pandya, Justice Loya, released

Study documents 34 smart city projects forcibly displacing 17,700 people last year

GDP growth is not the true indicator people's well being: Gujarat activists release manifesto

Saurashtra topcop "threatens" Dalit builder his mustache would be forcibly plucked

Call to make education a major issue during 2019 election campaign

Amit Shah earns just Rs 56 lakh annually, owns Rs 40 crore assets, faces four serious charges: Affidavit

Future MPs being told to take a pledge to ensure sufficient budget for rape free India