ADB President Haruhiko Kuroda to visit India for Annual Meet
07 Mar '06
2 min read
The Annual Meeting includes a seminar series tackling such themes as Knowledge-Based Economies in the 21st Century, Transforming Asian Economies with E-Services, Asian Economic Integration, Infrastructure, and Sustainable Energy Development.
India, a founder member of ADB, is ADB's fourth biggest shareholder overall (behind Japan and the United States, and the People's Republic of China). ADB total lending assistance to end-2005 for India amounts to about $15.4 billion, while about $115.8 million was provided for TA grants.
According to the latest India Country Strategy and Program Update, ADB plans to scale up lending levels to India from an average of around $1.24 billion in recent years to around $2.65 billion by 2008.