ADB Ups Aid for India Infrastructure Sector

The Asian Development Bank has approved

to support infrastructure projects in India. This multitranche loan is part of the bank's Second India Infrastructure Project Financing Facility and will be disbursed over the next five years to the government-owned India Infrastructure Finance Co.

About the author

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    Ivy Mungcal

    As former senior staff writer, Ivy Mungcal contributed to several Devex publications. Her focus is on breaking news, and in particular on global aid reform and trends in the United States, Europe, the Caribbean, and the Americas. Before joining Devex in 2009, Ivy produced specialized content for U.S. and U.K.-based business websites.