Question
How much financial assistance has the Government of
India secured through a loan agreement with the Asian Development Bank (ADB) to facilitate the development of industrial corridors in the country?Solution
The Government of India and the Asian Development Bank (ADB) have signed a $250 million policy-based loan that will continue support to industrial corridor development to make manufacturing more competitive, strengthen national supply chains and links with regional and global value chains, and create more and better jobs.
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