i. The Centre and Asian Development Bank (ADB) has signed a 200 million dollar loanagreement to finance widening and upgrading of about 230 Kilometers State Highways in Bihar to all-weather standards with road safety features.
ii. The agreement was signed by Additional Secretary in the Finance Ministry Sameer Kumar Khare and Officer-in-Charge of ADB’s India Resident Mission, Rajeev P Singh in New Delhi.
Takeshi Watanabe was ADB's first President.
Headquarters of ADB is in Manila, Philippines.
Takehiko Nakao is a Japanese civil servant who was elected the ninth president of the Asian Development Bank in 2013.
Lalji Tandon is currently Governor of Bihar.
EmoticonEmoticon