adb_final
TRANSCRIPT
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ADB ROLE IN INDIAN ECONOMY
Presented by:-
Praveen Mayar[21]Rohit Patel[09]
Submitted To:- Subham Mohbe[03]Prof. Resham chopra Sunil Singh Baghel[50]
Satyam Sharma[25]
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The Asian Development Bank (ADB) is a regionaldevelopment bank established in 1966
To promote economic and social development in Asianand Pacific countries through loans and technical
assistance. owned by 67 members , 48 from the region and 19 fromother parts of the globe
vision is a region free of poverty. Its mission is to help its developing member countries
reduce poverty and improve the quality of life of theircitizens. welfare of the people in Asia and the Pacific, particularly
the 1.9 billion who live on less than $2 a day Governance and Anti-Corruption in Project Design
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ADB raises funds through bond issues on the world'scapital markets
utilizing its members' contributions and earnings fromlending
The primary human capital asset of the bank is its staff After full fill aim the bank works like commercial
enterprise The Board of Governors, in turn, elect among themselves
the 12 members of the Board of Directors and their deputy
Japan is one of the largest shareholders of the bank The current President is Haruhiko Kuroda headquarters of the bank is at 6 ADB Avenue,
Mandaluyong City, Metro Manila, Philippines, employs approximately 2,400 people, coming from 55 of
its 67 member
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India is a founding member of the Asian Development Bank (ADB) andIts fourth largest shareholder. ADB has approved 130 loans amounting to $20,586.5
million since 1986.
Since 1988, ADB has approved 254 technical assistance (TA)projects amounting to
$181.6 million, of which 58 (amounting to$78.4 million) are under implementation.
The core focus of ADBs strategy in India is poverty reductionthrough infrastructure-led growth.
The Country Partnership Strategy (CPS) for 20092012, currently under
consideration of the ADB Board of Directors, will support the Government ofIndias efforts toward poverty reduction and inclusive growth as emphasized in the11th Five-Year Plan.
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support for the process of inclusive and environmentally
sustainable growth;
catalyzing investment through the use of innovative businessand financing modalities;
strengthening the results orientation of project design and
implementation and emphasizing knowledge solutions; and
support for regional cooperation
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The priority sectors during the CPS period will be energy, transport,urban development (including water supply and sanitation), waterresources management, agribusiness infrastructure, finance, andgovernence.
ADB will also enhance the development impact and value additionof itsoperations by focusing on the relatively poorer statesof India, capacitybuilding, supporting publicprivate partnerships in infrastructure,facilitating private sector development, and providing
assistance for climate change mitigation and adaptation.
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Sector loans amount
Agriculture and Natural Resources 2 93.31 0.45
Energy 41 6,799.39 33.03 Finance 13 2,410.00 11.71 Health, Nutrition, and Social Protection 2 58.64 0.28 Industry and Trade 9 335.90 1.63 Law, Economic Management,
and Public Policy 6 950.00 4.61 Multi sector 20 2,958.00 14.37 Transport and Communications 32 6,366.85 30.93 Water Supply, Sanitation, 614.40 and Waste Management 5
Total 130
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Poor roads are among the main causes of poverty in India, and animpediment to realizing the economic potential of rural areas.
The Governments Rural Roads Program (Pradhan Mantri GramSadakYojana) aims to provide all-weather roads to rural areas,where nearly 70% of the population lives.
The program is in its ninth year of implementation and has successfullyimproved nearly 163,894 kilometers of rural roads.
ADB support for the Rural Roads Program since 2003 is helping toimprove connectivity in rural areas offive statesAssam, Chattisgarh,Madhya Pradesh, Orissa, and WestBengalthus enhancing access tohealth, educational, and marketingfacilities.
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As part of ADBs quick response to the tsunami, the Tsunami EmergencyAssistance (Sector) Project has helped to rebuild houses ,roads, bridges,ports facilities, and other public infrastructure incorporating bettersafety standards.facilities.
The Gujarat Power Sector Development Project (December 2000March2007) helped the government of Gujarat by establishing an appropriatelegal and regulatory framework for the electricity sector.
The Gujarat Earthquake Rehabilitation and Reconstruction Project (May2001November 2007) has helped in reconstructing and restoringdamaged infrastructure in the earthquake-affected areas of GujaratState.
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Indias development needs are far larger than what all external agenciescombined can provide. The need for long-term funding to financeinfrastructure development projects, especially in the lagging states,becomes even more critical in this period of global financial andeconomic crisis.
Therefore, a timely resolution of a general capital increase is vital if ADBis to continue supporting Indias development priorities effectivelybeyond 2009.
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Co financing enables ADBs financing
partners-government or their agencies,
multilateral financing institutions, andcommercial organizations- to participate in
financing of ADB projects.
The additional funds are provided in the form
of grants, official loans, or creditenhancement products.
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Thank You