ADB pledges $5 billion for India’s growth

The Asian Development Bank (ADB) pledged $5 billion in loans and grants to India in 2024, along with $2.2 billion in cofinancing, to support key developmental projects. Funding is directed towards healthcare, education, and infrastructure improvements across multiple states. Maharashtra received $500 million for healthcare, while Meghalaya benefits from a $64 million loan to enhance education and skills training.

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