Asian Development Bank and India: Fact Sheet

Abstract

Updated yearly, this ADB Fact Sheet provides social and economic indicators on India as well as concise information on ADB's operations in the country and contact information. India has been a founding member of the Asian Development Bank (ADB) since its establishment in 1966. Since 1986, when lending operations commenced, ADB has partnered with India in its endeavor to reduce poverty through infrastructure-led growth. Over the years, ADB has aligned its India program with the government’s increasing focus on inclusive and sustainable growth. It has diversified into pro-poor sectors like rural development, agribusiness infrastructure development, financial inclusion, and improved water resources management to enhance livelihoods and support the generation of productive employment opportunities. To supplement the government’s efforts to reduce interstate disparities and promote regionally balanced growth, ADB has also expanded its operations to socioeconomically and geographically challenged states.