The Asian Development Bank (ADB) was established in 1966. It aims to reduce poverty in Asia and the Pacific. ADB's headquarters is in Manila, Philippines. India is one of its founding members. It provides loans, technical assistance, and grants. ADB focuses on sustainable development and infrastructure projects. It plays a crucial role in regional cooperation and integration. ADB supports initiatives in climate change and disaster resilience.
During the 59th Asian Development Bank Annual Meetings held in Samarkand, Uzbekistan, India urged the multilateral lender to expand its lending capacity and implement deep institutional reforms to...