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Asian Infrastructure Investment Bank
Finance Minister Nirmala Sitharaman on Friday asked the Asian Infrastructure Investment Bank (AIIB) to scale up investment in renewal energy and smart technologies and also urged the multilateral agency to set up a regional office in India. AIIB President Jin Liqun called upon the finance minister here and discussed various issues of relevance to the bank. "While appreciating AIIB's growing portfolio in India, FM Smt.@nsitharaman suggested that @AIIB_Official should scale-up #investments and mobilise private finance in India's key priority areas including #RenewableEnergy, #EnergyEfficiency and climate #SmartTechnologies," the finance ministry said in a tweet. India is a founding member of AIIB with the second-highest voting share. India holds 7.74 per cent equity in the multilateral bank, next only to China (29.9 per cent). "As India is the largest client of @AIIB_Official, FM Smt.@nsitharaman reiterated that AIIB should plan to set up a regional presence in India to facilitate .
Kerala will soon have Solid Waste Management (SWM) Engineers to handle the waste management issues and help the urban civic bodies to find lasting solutions to the growing menace of solid wastes
Berglof said AIIB wants to do it differently from how other multilateral developments banks have done
We will have inflation at an elevated level for some time, says AIIB chief economist Erik Berglof
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India rated 7.4 percentage points below the average global value chain participation rate for emerging economies
India is the third ranked country in terms of total number of dams, next after the US and China
India is the largest borrower, which accounts for 25% of the total lending by AIIB so far
AIIB's total sovereign loans to India now amount to $ 3.06 billion, including a recent $500 million Covid-19 emergency response
The bank's board of directors has approved a loan to India to strengthen the preparedness of the country's national health system
With ADB's investment into the NIIF platform, the FoF has now secured $700 million in commitments
Under the Paris Agreement, the government of India plans to reduce the country's carbon intensity by 30-35 per cent of 2005 levels
The World Bank withdraw its funding after the central government dropped its support for the project
Lending agency to debate on how to come closer to being the region's bank of choice for the segment
A large number of representatives from various people's movements across the country are gearing up for a fight with the Asian Infrastructure Investment Bank
There was a debate if India should join AIIB. I am glad that India has become an active participant, said Jaitley
The AIIB, first proposed by President Xi Jinping less than two years ago, has become one of China's biggest foreign policy successes