Current Affairs Telugu Daily

The government of India and Asian Development Bank (ADB) sign $80 Million Loan Agreement

The Asian Development Bank (ADB) and the Government of India signed $80 million loans to help modernize technical and vocational education and training (TVET) institutions and improve the skills ecosystem in the State of Himachal Pradesh.
The project will support the skill initiatives of Government of Himachal Pradesh and help the State step-up the reform and scale-up its skill development efforts. 

Shri Sameer Kumar Khare, Joint Secretary (Multilateral Institutions), Department of Economic Affairs, Ministry of Finance, signed the loan agreement for the Government of India, and Mr Kenichi Yokoyama, Country Director of ADB’s India Resident Mission, signed on behalf of ADB. The Project Agreement was signed by Dr Basu Sood, Adviser (Planning), Planning Department on behalf of the Government of Himachal Pradesh.

  • Asian Development Bank President- Takehiko Nakao
  • Headquarters- Manila, Philippines

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