Asian Development Bank President meets PM Modi

ADB President meets PM Modi

Asian Development Bank (ADB) President Takehiko Nakao met Prime Minister Narendra Modi and pledged to support the government’s new flagship initiatives. Mr. Nakao commended the government’s vision to make India a five trillion-dollar economy.

The Prime Minister and ADB President discussed how to further enhance the partnership in areas such as the promotion of new technologies and innovation, renewable energy, solar-pump irrigation, electric vehicle and battery, sustainable tourism, and the recycling of plastic.

ADB expects the country’s growth in 2019 at 7.0 % and in 2020 at 7.2 %, despite downside risks in the global economy.


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Author: Chiranjit Mistry

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