As water gets scarce, the lendings in the sector by international financial institutions like the World Bank and the Asian Development Bank (ADB) are being looked into more critically. Most critics believe that with small investments, the banks have been able to dictate water policies in developing countries. These institutions …
THE Asian Development Bank (ADB) on November 17 announced its decision to invest US $20 million in a private equity fund for water related infrastructure. While the bank is not new to such deals, it is the first time it has invested in an equity fund like this. The Asian …
THE Asian Development Bank (ADB) that supports infrastructure projects in Asia and the Pacific region is finalising its new public communication policy. It faces a tough challenge: ensuring access to information to communities affected by the projects it funds. To meet this challenge, the bank will have to do away …
BHUBANESWAR: In the midst of a raging controversy over water diversion for industry, Orissa’s woes are going to worsen. Its rivers will provide for less as the water stress grows in future. If that is not all, the rising pollution will add to its misery, the latest report on water …
International banks that funded French company Lafarge’s cement factory in Bangladesh are putting pressure on the Indian government to allow the company to continue mining limestone in Meghalaya. The limestone was being quarried from East Khasi Hills and transported via a conveyor belt to the Lafarge Surma Cement Plant in …
While replying to a question in the Budget session of Assam Assembly on March 24, Chief Minister Tarun Gogoi acknowledged that the per capita burden of the State's public debt now comes to Rs 6,806 at current prices. It means that the loan burden for a family on an average …
Power Grid Corp, the country's largest power transmission utility, on Friday said it has signed agreements with World Bank and Asian Development Bank (ADB) for two loans of $600 million each for funding projects. The loan from ADB is a part of the bank's newly introduced multi-tranche financing facility (MFF), …
Only 35 per cent of the city is covered by sewerage lines and the poor wastewater system has become a major source of health hazards, reveals an official report obtained by Dawn. This situation exists when Rawalpindi is the only city in Punjab where no pumping is needed to run …
The Asian Development Bank (ADB) will provide $450 million for 'Punjab Irrigated Agricultural Development Sector Project (PIADSP)' from its Ordinary Capital Resources and Asian Development Fund during 2008-11, which is a major project that will require significant institutional change at the farmers, regional and provincial levels to enable the full …
Contrary to official claims, the World Bank and the Asian Development Bank (ADB) say that poverty has increased in Pakistan since 2004 and the new government should take the issue seriously. Sources told Dawn on Thursday that the banks planned to offer $600 million conditional funding to the new government …
The Centre for Environment and Development (CEAD) has expressed concern over the proposed closure of Asian Development Bank-backed Sindh Rural Development Project (SRDP), and said that it is unfortunate that the project is being terminated without implementation. Qalandar Shah, Nasir Ali Panhwar and other office-bearers of the CEAD, an NGO, …
Special Assistant to Chief Adviser for Power and Emergency Dr M Tamim yesterday said the government would seek 100 million US dollar from the Asian Development Bank for overall checkup of Titas gas field, where a well went off following a blowout. The Titas gas field, located in Brahmanbaria, is …
The sixth Left Front Government in Tripura has sent a safe drinking water project of Rs 522.12 crore for Agartala to the Centre, soon after assuming office. Official sources said here today that the project aimed to ensure safe drinking water for the urban dwellers from the source itself to …
The Centre as well as the Asian Development Bank (ADB) seems to be unhappy with the Kolkata Municipal Corporation (KMC). In a report submitted to the city civic body, the ADB has reiterated the immediate need to install water meters across the city "to determine the extent of losses' incurred …
The State has received an amount of $ 250 million from the Asian Development Bank (ADB) as loan assistance to revamp the power sector. Out of it $150 million is treated as policy loan, while the rest amount of $100 million is provided as investment loan. Power Minister Pradyut Bordoloi …
Environment experts at a workshop in the city yesterday underlined the need for formulating a specific policy to manage industrial hazardous waste properly for ensuring sustainable and environment-friendly development. A specific waste management policy is needed as fast economic activities associated with industry, agriculture, health and other services generate chemical …
The Asian Development Bank (ADB) is helping Pakistan craft, a comprehensive energy efficiency policy and investment programme to meet the growing energy demands of an expanding economy and population. ADB is also providing a $600,000 grant to fund the preparation of the Sustainable Energy Efficiency Development Programme. According to ADB …
A water supply scheme costing Rs. 3,500 million is to be constructed for the benefit of 50,000 families in the Muttur area. Water Supply and Drainage Minister A. L. M. Athaullah laid the foundation stone for the drinking water supply project, recently. The Government jointly with the Asian Development Bank …
The Ministry of Water Resources (MoWR) has denied having received any report from the Asian Development Bank (ADB) experts on the flood and erosion problems of Assam. However, the ADB has undertaken preparation of the report for North Eastern Integrated Flood and River Bank Erosion Management Project (Assam) with a …
