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The Asian Development Bank (ADB) has approved a USD 350 million policy-based loan specifically designed to strengthen and modernize India's logistics infrastructure. This funding supports the second subprogram of the Strengthening Multimodel and Integrated Logistics Ecosystem (SMILE) initiative, building upon earlier reforms focused on enhancing interagency coordination. The loan aligns with key Indian government policies including the Prime Minister Gati Shakti-National Master Plan and National Logistics Policy, which collectively aim to improve infrastructure, streamline processes, and advance digitization. These strategic investments support India's ambitious goal of achieving USD 2 trillion in exports of goods and services by 2030.
What does SAGAR in India's foreign policy context stand for?
What was the percentage decline in private sector investment plans in Q3 of 2024-25?
At what age did Aarit Kapil become the youngest Indian to beat a chess Grandmaster?
On 13 January 2022, Indian Bank inked Landmark MoU for Loans upto _____ Crore for Startups under ‘IndSpring Board’ Scheme.
INDIA’S first payments Bank is?
Which of the following module RBI is planning to move to Daksh platform?
Who is credited with the discovery of the 'neutron'?
What will the Sahayog Hop Tac exercise between India and Vietnam Coast Guards include?
In the efforts towards digital inclusivity, NIXI is set to launch the BhashaNet portal. What is the primary aim of the BhashaNet portal?
The G20 Pandemic Fund established under Indonesia's G20 Presidency, is aimed at low-to-middle-income countries, financing efforts such as surveillan...
