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Maharashtra government will take a loan of 4,000 crore rupees from the Asian Development Bank (ADB) for setting up medical colleges in 12 districts of the state. These districts include Jalgaon, Satara, Alibaug, Sindhudurg, Usmanabad, Parbhani, Amravati, Ratnagiri, Gadhchiroli, Bhandara and Ambernath. The Asian Development Bank is a regional development bank. It was established in 1966, it is owned by 68 members—49 from the region. ADB Headquarters: Philippines President: Masatsugu Asakawa
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