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Business News: ADB clears $150 million loan for urban poor housing project in Tamil Nadu

ADB clears $150 million loan for urban poor housing project in Tamil Nadu : Rashtra News Multilateral funding agency Asian Development Bank has approved a USD 150 million (about Rs 1,095 crore) loan for a sustainable housing project for the urban poor in Tamil Nadu. The loan to provide access to inclusive, resilient, and sustainable
Tamil Nadu Asia Ricardo Carlos Barba Tamil Nadu Shelter Fund Asian Development Bank Technical Assistance Special Fund Safeguards Specialist

RBI MPC member: Sustained growth of 7 pc feasible for India: RBI MPC member Shashanka Bhide

Shashanka Bhide, a member of the RBI Monetary Policy Committee, suggests that Indias economic growth of 7% in 2024-25 and beyond is feasible due to favorable monsoon, higher farm productivity, and improved global trade. He highlights concerns over slow global demand recovery and geopolitical conflicts impacting demand and input prices.
Shashanka Bhide Shaktikanta Das International Monetary Fund Monetary Policy Committee Asian Development Bank Policy Committee

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ADB provides $71 mn for climate resilient water management

The Asian Development Bank (ADB) and the government of Bangladesh today signed a $71 million loan agreement to improve flood control, irrigation, and water resources management in rural communities in Gopalganj and Madaripur districts to strengthen their preparedness and resilience to the effects of climate change.
Bangladesh General Shahriar Kader Siddiky Edimon Ginting Bangladesh Water Development Board Economic Relations Division Asian Development Bank

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