Current Affairs 18th November 2018

Current Affairs 18th November 2018 - Important Points

Union Government, ADB sign loan agreements worth USD 574 million on - 16th November 2018

 Current Affairs 18th November 2018 - Details

Union Government, ADB sign loan agreements worth USD 574 million on - 16th November 2018

The Union Government and the Asian Development Bank (ADB) signed loans agreements on 16th November 2018 worth USD 574 million for various projects in India, including hydropower transmission in Himachal Pradesh, support to IIFCL in India, and for water and sanitation services in Tamil Nadu.

The ADB is committed to achieve a prosperous, resilient, inclusive and sustainable Asia and the Pacific , established in 1966. There are 67 members with 48 from the Asia and the Pacific region.