list of loan agreement for India from different organizations 2020

list of loans agreement for India from different organizations 2020:

Every year India asks for a loan from different organizations. “Loans agreement for India from different organizations” is a topic which becomes the part of each and every competitive exam. So, here we are providing you with a list of loans agreement for India from different organizations in 2020.

List of loan agreement for India 2020 PDF

Loan (August)

ORGANIZATION/BANK Loan Amount PURPOSE
Asian Development Bank (ADB) Dollar 200 million The Asian Development Bank (ADB) has signed a dollar 200 million financing deal with the Reliance Bangladesh LNG and Power Limited (RBLPL) to build and operate a 718 megawatt combined-cycle gas-fired power plant in Bangladesh.
ADB $1 billion loan support construction of the modern, high-speed Delhi–Meerut Regional Rapid Transit System.
Asian Infrastructure Investment Bank (AIIB) USD 500 million Purpose:  Mumbai Urban Transport Project-III to improve the network capacity, service quality and safety of the suburban railway system in Mumbai.

 

♦Loan (July)

ORGANIZATION/BANK Loan Amount PURPOSE
Asian Development Bank (ADB) USD 3 million Asia Pacific Disaster Respond Fund. The bank has provided the grant to support India’s emergency response to the COVID-19 pandemic.
World Bank USD 400 million (about Rs 3,000 crore) for rejuvenating Ganga
World Bank USD 750 million MSMEs to increase liquidity access for viable small businesses impacted by COVID-19.

♦Loan (June)

ORGANIZATION/BANK Loan Amount PURPOSE
World Bank $250 million For two projects to help low-income groups in the state get access to affordable housing in Tamilnadu.

$200 million First Tamil Nadu Housing Sector Strengthening Programme and $50 million Tamil Nadu Housing and Habitat Development Project

World Bank USD 500 million (about Rs 3,700 crore) To improve quality and governance of school education in six Indian states.

The board approved a loan for Strengthening Teaching-Learning and Results for States Program (STARS) on June 24, 2020.

AIIB USD 750 million (around Rs 5,714 crore) Help the government strengthen its battle against the adverse impact of Covid-19 on poor and vulnerable households.
World Bank Rs. 1,950 crore W. Bengal Govt for tackling COVID situation
France 200 million euros Support Delhi’s Covid response

 

 

♦May 2020

ORGANIZATION/BANK Loan Amount PURPOSE
World Bank USD 400 million Improve coastal resources in India
AIIB USD 500 million “COVID-19 Emergency Response and Health Systems Preparedness Project”
AIIB USD 145 million Improve irrigation services in West Bengal
ADB USD 177 million To upgrade 450 kilometers (km) of state highways and major district roads in the state of Maharashtra

 

♦April 2020

ORGANIZATION/BANK Loan Amount PURPOSE
ADB 346 million (around Rs 2,616 crore) Provide reliable power connection in rural areas of Maharashtra.

 

ADB USD 1.5 billion (about Rs 11,400 crore) Help fund its fight against coronavirus pandemic.

 

Asian Infrastructure Investment Bank (AIIB) $500 million Help the country improve its health care systems. With this, AIIB has doubled its funds under the COVID-19 Crisis Recovery Facility.

 

World Bank 82 million US dollars (585 crore rupees) For Himachal Pradesh State Roads Transformation Project. The World Bank has approved 82 million US dollars (585 crore rupees) for the Himachal Pradesh State Roads Transformation Project (HPSRTP) for upgradation of major roads and modernization of the Public Works Department in the state.
ADB $60m The Asian Development Bank (ADB) has signed an agreement to lend up to $60 million to Aavas Financiers Ltd , a housing finance company in India, to improve access to housing finance for lower-income borrowers, particularly women.

♦March 2020

ORGANIZATION/BANK Loan Amount PURPOSE
World Bank $80 million Govt of Himachal Pradesh for improve water management practices

Aims: The aim is to improve water management practices and increase agricultural productivity in selected Gram Panchayats in Himachal Pradesh

ADB $100 million Asian Development Bank (ADB) on 30th March announced a USD 100 million funding for the Indian infrastructure sector through the government-promoted NIIF. The ADB will be investing in the National Investment and Infrastructure Fund’s (NIIF) “fund of funds” which will ensure that the actual money invested will be a few times more than the USD 100 million.

 

♦February 2020

ORGANIZATION/BANK Loan Amount PURPOSE
World Bank $450 million Aims: The World Bank-supported Atal Bhujal Yojana (ABHY) – National Groundwater Management Improvement Program will be implemented in the states of Gujarat, Maharashtra, Haryana, Karnataka, Rajasthan, Madhya Pradesh, and Uttar Pradesh and cover 78 districts.

 

♦January 2020

ORGANIZATION/BANK Loan Amount PURPOSE
World Bank $88 Million The Government of India, the Government of Assam and the World Bank signed a loan agreement of $88 million.

Purpose: Help modernize Assam’s passenger ferry sector that runs on its rivers including the mighty Brahmaputra.

World Bank USD 210 Million State of Maharashtra’s Agribusiness and Rural Transformation Project

♦2019

ORGANIZATION/BANK

Loan Amount

PURPOSE

Asian Development Bank $451 mn Strengthen power connectivity between the southern and northern parts of the Chennai-Kanyakumari Industrial Corridor (CKIC) in Tamil Nadu.

The total cost of the project is $653.5 million, of which the government will provide $202.5 million, the Manila-headquartered multilateral agency.

 

Asian Infrastructure Investment Bank $2.2-billion Beijing-based Asian Infrastructure Investment Bank (AIIB) is evaluating loans worth over $2.2 billion for funding power transmission and distribution projects in Assam, metro rail projects in Chennai, Mumbai and rural water supply system in Karnataka.

Since starting operations in 2016, AIIB has invested $2.894 billion in 13 projects in India, including a $500-million loan approved last month to ease congestion in Mumbai- the country’s financial hub- and another $75 million to Tata Cleantech Capital Ltd for on-lending to renewable energy projects.

AIIB has also invested $50 million last month in Oriental Infra Trust, an infrastructure investment trust sponsored by Oriental Structural Engineers Pvt Ltd and Oriental Tollways Pvt Ltd with five operational road assets, consisting of four toll-road assets and one annuity road asset, in the states of Maharashtra, Madhya Pradesh, Uttar Pradesh and Karnataka.

Asian Development Bank (ADB) USD 91 million The Centre and Asian Development Bank (ADB) has signed an agreement to extend 91 million US dollar loan to modernize the Vijayanagara Channel Irrigation Systems and prepare river basin management plans in the Krishna river basin.
Asian Development Bank (ADB) USD 150 mn The Manila-headquartered Asian Development Bank has approved second tranche of USD 150 million (about Rs 1,065 crore) for West Bengal to boost capital investment and infrastructure in the state.
Asian Development Bank (ADB) $451 Million Strengthen Power Connectivity in Tamil Nadu

 

ADB $350 Million Chhattisgarh Road Improvement Project
ADB Rs 1,650cr The Asian Development Bank (ADB) has approved a project submitted by the Urban Development Department (UDD) of Tripura amounting to Rs. 1650 crore for overall infrastructure development of seven districts headquarter towns of Tripura.
Exim Bank $245 million loan agreement with Ghana & Mozambique for agricultural and railway projects

 

World Bank $147 Million To provide basic urban services to the people and help improve the management capacity of the urban local bodies (ULBs) in Jharkhand, the World Bank approved a $147 million loan agreement to the state.
World Bank $31.58 mn loan for Uttarakhand Public Financial Management Strengthening Project

 

World Bank $ 400M The World Bank and the Government of India signed a loan agreement of $400 Million for the Program Towards Elimination of Tuberculosis(TB), which kills approximately half a million people in India every year. The program will cover nine States of India.
World Bank $328M World Bank, Government of India and State Government of Andra Pradesh signed a loan agreement worth of $328 million with the World Bank (WB) for improving health services of Andhra Pradesh.
World Bank $250 million Develop Rajasthan’s Roads and Highways
World Bank $250-m The Government of India, State Government of Kerala and World Bank signed a loan agreement of $250 million (Rs 1,725 crore) for the Kerala Resilient Programme.
World Bank $287 Mn The Government of India, Tamil Nadu, and the World Bank signed a $287 million loan agreement for the state’s Health System Reform Programme in New Delhi. It is aimed to improve the quality of health care, reduce the burden of non-communicable diseases (NCDs) and fill equity gaps in reproductive and child health services.
Asian Infrastructure Investment Bank (AIIB) USD 455 Million Andhra Pradesh Rural Roads Project
Asian Development Bank (ADB) USD 926 Million Mumbai Metro Rail Project
ADB USD 26 million For improving drainage infrastructure in Dibrugarh town of Assam
Asian Development Bank (ADB)

 

USD50 million Invest in India’s renewable energy producer company Avaada Energy Private Limited (AEPL).

 

World Bank USD 25.2 Million Chhattisgarh Public Financial Management and Accountability Program
World Bank USD 96 Million Additional Financing for Uttarakhand Disaster Recovery Project
World Bank 250 Million For National Rural Economic Transformation Project (NRETP)
World Bank Rs. 2200 crores ($328-million) For Andhra Pradesh Health Systems Strengthening Project (APHSSP)
World Bank $137 Million For the Additional Financing of the Dam Rehabilitation and Improvement Project (DRIP), Karnataka, Kerala, Madhya Pradesh, Odisha, Tamil Nadu and Uttarakhand.

 

ADB $750-mn loan to fund railway track electrification in India
World Bank $35 million World Bank to invest $35 million in Manapurram Finance
ADB $350million State and District Roads in Chhattisgarh
World Bank $287milliom Tamil Nadu Health System Reform Programme
AIIB $100 million L&T(Larsen & Toubro) Infrastructure Finance Company(LTIF) for wind and solar infrastructure projects. This is the first time AIIB is extending loan to a non-banking finance company(NBFC)
ADB $ 200 million Asian Development Bank (ADB) approved $200 million loans for improving road infrastructure in 34 districts of Maharashtra to connect rural areas with markets and services. The total cost of the project is $296 million. The government will provide $96 million.
ADB $ 23 million In order to support road sector investment plans of the Indian government, Asian Development Bank(ADB)has signed an agreement to invest $23 million in non-convertible debentures (NCD) being issued by GRIL( GR Infraprojects Limited).
ADB

 

 

 

 

200 Million loan to upgrade about 2,100 kilometers of rural roads to all-weather standards in Maharashtra’s 34 districts for better connecting rural areas with markets and services.

 

ADB $190 million Upgrade 754 kilometres of state highways and major district roads (MDRs) to two-lane or intermediate-lane standards in Rajasthan
World Bank $165 million Support smallholder farmers in the state.

Aims: The project “The Odisha Integrated Irrigation Project for Climate Resilient Agriculture” will be implemented in Odisha’s rural areas which are vulnerable to droughts and largely dependent on rainfed agriculture.

New development bank USD 800 milllion for Brazil and India New development bank will provide a sovereign loan of USD 500 million to the Federative Republic of Brazil for the Fundo Clima – Brazil National Climate Fund Project.

Aimed: capitalizing Fundo Clima to expand its on-lending operations to sub-projects contributing to climate change mitigation and adaptation.

Bank provide a loan of USD 300 million to REC Limited to support the Government of India’s increasing investment in the renewable energy sector.

The Project is aimed: At improving the energy mix in India by providing funds for the construction and commissioning of renewable energy sub-projects. The Project will create jobs and contribute to the reduction of carbon emissions and environmental pollution.

ADB $206 million Develop water supply and sewerage infrastructure in 5 cities of Tamil Nadu
ADB $250 Million to expand energy efficiency investments in India
ADB $ 490 Million for public-private partnership (PPP) project to upgrade about 1,600 km of state highways and major district roads (MDRs) from single-lane to two-lane widths in the state of Madhya Pradesh.
AIIB $210 million for irrigation & solar energy projects in India

 

Click here to Read more important Updates

Leave a Reply