Criticism of the ADB adds to recent concerns voiced by the US. The chairmen of two US congressional committees are warning that the project evaluation standards of the Asian Development Bank are set to be watered down to unacceptable levels. In a joint letter seen by the Financial Times, Patrick …
The Rajasthan Cabinet has decided to amend the State's laws on exporting/transporting cattle in order to facilitate export and migration of the high quality Nagauri calves to other parts of the country. However, there is a catch: the bovines would be allowed to be transported to the States where a …
The government should partially withdraw energy subsidy to divert the money to public spending on safety net for the vulnerable groups, said the top official of the Asian Development Bank in Dhaka on Sunday. Under-pricing of energy sources, including fuel and gas, results in a huge deficit in the government's …
Federal government will provide 200 bulldozers for Balochistan and 100 for NWFP, which would be hired out to the farmers at no profit no loss basis to facilitate them in reclaiming the cultivable wasteland. According to the sources in Ministry of Food, Agriculture and Livestock (Minfal), around 219,375 hectares of …
Japan and Bangladesh signed an agreement in Tokyo yesterday concerning Japanese loan assistance of US$ 65 million for 'emergency disaster damage rehabilitation' project in the country. Foreign Adviser Iftekhar Ahmed Chowdhury, who is now visiting Japan, and Masahiko Koumura, minister for foreign affairs of Japan, signed the agreement after their …
Bangladesh Resident Mission of the Asian Development Bank (ADB) yesterday awarded three best performing project teams implementing projects in Bangladesh. The 2007 award-winning project teams are the Northwest Crop Diversification Project (NCDP) implemented by the Department of Agriculture Extension and Bangladesh Bank, and the Urban Governance and Infrastructure Improvement (Sector) …
The Asian Development Bank Monday launched a multi-million dollars project to restore Cambodia's devastated railways in a key step towards the creation of a regional rail system. Approximately 600 kilometres of track destroyed during Cambodia's protracted civil war will be rebuilt at a cost of 42 million dollars, the ADB …
Pakistan lacks a comprehensive energy efficiency development road map and investment programme and international experience indicates that the effective implementation and incorporation of energy efficiency into the policy mainstream requires concerted, long-term action and commitment, said Asian Development Bank report. In a project update report on 'Preparing the Sustainable Energy …
Since the economy of the North East is basically agro-based, the primary reason for its poverty is agricultural backwardness. The very fact that the region has to look after 3.8 per cent of India's population with only 2.7 per cent of national income earned by its economy shows what poverty-distance …
Tourism in the hill state is likely to get a major boost with the Asian Development Bank (ADB) agreeing to provide financial assistance up to Rs 400 crore for developing the necessary tourism infrastructure. Himachal Pradesh is one of the six states identified by the ADB after a year-long exercise …
