Important Loan agreements with International/National Organizations in 2018 PDF

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imp loan agreements in 2018
imp loan agreements in 2018

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Name of the National/ International Organization Loan Agreement signed with the Organization/
Country
Amount Purpose
EXIM Bank Srilanka USD 45.27 Million For upgrading kankesanthurai harbor in Srilanka
NABARD Government of Odisha Rs 372.51 Crore For irrigation and rural projects in the state
IFC – International Finance Corporation Rewa Solar Park Developer in Madhya Pradesh
Mahindra Renewable Pvt Ltd
USD 440 Million To complete Rewa Solar Park in Madhya Pradesh
AIIB –Asian Infrastructure Investment Bank India USD 1.5 Billion in 2017 For various projects in 2017
World Bank Government of India and Uttarakhand USD 120 Million Water supply Programme in peri- urban areas of Uttarakhand
Asian Development Bank Government of India

Under Pradhan Mantri Gram Sadak Yojana

USD 250 Million For construction of all-weather roads in Assam, Chhattisgarh, Madhya Pradesh, Odisha and West Bengal

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ICICI Bank ONGC Rs 4000 Crore To buy HPCL
EXIM Bank Combodia USD 36.92 Line of Credit Stung Sva hab water resource development project in Combodia
World Bank Nepal USD 300 Million Nepal Earthquake reconstruction
World Bank Jal Marg Vikas Project USD 375 Million For enhancing navigation on National Waterway -1 from Varanasi – Haldia
Government of India Nepal Rs 650 Crore Annual allocation to Nepal as financial assistance
NABARD Government of Punjab Rs 1918 Crore Area development Plan for the state of Punjab
International Finance Corporation PNB Housing Finance Limited USD 800 Million For green and affordable housing in India
European Investment Bank India Renewable Energy Development Agency USD 150 Million Financing Renewable Energy and Energy efficient Projects in India
Asian Development Bank Government of India USD 120 Million For Improving Rail Infrastructure to increase operational efficiency of Indian Railways
EXIM Bank 15 Nation Group in Africa USD 500 Million For various Development Projects in Africa

Important Abbreviations from Economic Survey 2017-18

Asian Development Bank Government of India USD 80 Million Modernize Technical and Vocational Training Institutes in Himachal Pradesh
Government of India UN relief and works agency USD 5 Million for 3 Years from 2018-19 For helping UNRWA due to its unexpected financial crisis
Government of India UN Development Partnership Fund USD 1 Million Aimed at establishing partnerships with other countries in the region
Sweden UN World Food Programme USD 370 Million Biggest Contribution made by donor with WFP strategic partnership agreement
INDIA’S DEFENCE BUDGET IN 2017 @ USD 52.5 BILLION – 5th LARGEST SPENDER IN THE WORLD
Government of India Solar Development Fund USD 350 Million For promoting solar projects in India
World Bank Egypt USD 1.15 Billion development policy loan To support economic reform Programme in Egypt
Asian Development Bank Government of Karnataka USD 346 Million For Highway upgradation project in Karnataka
World Bank
(IBRD)
Government of India USD 250 Million For SANKALP (Skills Acquisition and Knowledge Awareness for Livelihood Promotion)Project
European Investment Bank and YES Bank Renewable Energy Projects in India USD 400 Million For renewable power generation in India
World Bank  Government of Tamilnadu USD 318 Million Modernization of Irrigation Projects in Tamilnadu
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