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...

Police raid 40 minority houses in Gujarat village, beat up women, children: Complaint to district admin

Gujarat IAS cadre ex-bureaucrat regrets poor state performance in education, health

Sexual harassment: NAPM extends support to protesting Jamia students

SC order may be made pretext to attack lakhs of forest dwellers across the country

Dams on Ganga are no less than "ticking" time bombs: NAPM

Facebook page dedicated to farmers' cause "hacked", complaint filed with Morbi police

Protest demonstration: Dalit solidarity with Prof Teltumbde in Ahmedabad

Gujarat, Central govt "mess" over poisonous Narmada waters

Union budget allocation for minorities "reduced", is discriminatory: MCC

First Dalit literature festival seeks to include all deprived sections under the word 'Dalit'

ARCHIVE

Show more