Asian Development Bank (ADB)
The Asian Development Bank (ADB), based in Manila, will give a USD 112-million loan for the establishment of a Skill University at Mangaldoi in Assam. On December 17, the Indian government and the Asian Development Bank signed a USD 112-million loan in this regard. The state government has given 250 bighas of land, and development is slated to begin in the first quarter of next year. By 2027, the project is expected to be completed.
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Note: The above-mentioned project news is taken from ProjectX India | 15th January 2022 edition. Click here to buy this issue.