Daily Current Affairs / India and ADB Sign $125 Million Loan to Upgrade Urban Services in Assam
Category : Business and economics Published on: September 24 2025
The Government of India, in collaboration with the Asian Development Bank (ADB), has signed a $125 million loan agreement to upgrade urban services and enhance climate resilience in Assam. The project will benefit six district headquarters—Barpeta, Bongaigaon, Dhubri, Goalpara, Golaghat, Nalbari and the city of Guwahati, providing continuous metered water supply, advanced rainwater management and improved flood control measures. It includes the construction of six water treatment plants with a capacity of 72 million liters per day, 800 km of pipelines, real-time monitoring to reduce water losses, and nature-based retention ponds in Guwahati.
PM Narendra Modi chaired a high-level deliberation session focusing on key national policy and governance priorities.
Read More....Nagaland celebrates its Statehood Day on 1st December, marking its 1963 formation and the start of the Hornbill Festival.
Read More....India releases Basic Animal Husbandry Statistics 2025, showing record growth in milk, eggs, meat, and wool production.
Read More....PM Modi unveils 77-foot Lord Ram statue at Partagali Math, celebrating 550 years of the spiritual institution.
Read More....India strengthens Afghanistan’s healthcare by delivering 73 tonnes of medicines, vaccines, and essential supplies.
Read More....India launches Operation Sagar Bandhu, sending 27 tonnes of relief material and NDRF teams to aid Sri Lanka after Cyclone Ditwah.
Read More....Jay Shah named “Indian of the Year 2025” for transforming Indian and global cricket, including WPL and gender pay parity reforms.
Read More....Vivek Chaturvedi appointed CBIC Chairman, succeeding Sanjay Kumar Agarwal after his retirement on November 28, 2025.
Read More....IMF retains C-grade for India’s GDP data as MoSPI reports 8.2% growth and prepares a new 2022–23 base year.
Read More....India has been re-elected to the International Maritime Organisation (IMO) Council for 2025–26, securing the highest votes (154) in Category-B.
Read More....