Asian Infrastructure Investment Bank (AIIB):

GS Paper 2: Topics Covered: Important International institutions, agencies and fora, their structure, mandate.   Context: Former Reserve Bank of India (RBI) governor Urjit Patel has been appointed vice-president of the Beijing-based Asian Infrastructure Investment Bank (AIIB). Mr.Patel will serve a three-year term as one of the multilateral development bank’s five vice-presidents.     What …

Asian Development Bank (ADB):

GS Paper 2: Topics Covered: Important International institutions, agencies and fora, their structure, mandate.   Context: The Government of India has applied for loans from the Asian Development Bank (ADB) and the Asian Infrastructure Investment Bank (AIIB) to procure as many as 667 million doses of COVID-19 vaccines. The Manila-based ADB and the Beijing-based AIIB, where …

Asian Infrastructure Investment Bank (AIIB):

GS Paper 2:  Topics Covered: Important International institutions, agencies and fora, their structure, mandate.   Context: AIIB has said that it would look to fund both social as well as climate-resilient infrastructure in India in the coming years. Meanwhile, it has also asked India to strike a balance between ramping up physical infrastructure and the social …

Asian Infrastructure Investment Bank (AIIB)

Topics Covered: Important International institutions, agencies and fora, their structure, mandate. Asian Infrastructure Investment Bank (AIIB): Context: Centre signs $304 million pact with AIIB for power transmission network in Assam. The fund will be utilised for the ‘Assam Intra-State Transmission System Enhancement Project’, aiming to improve reliability, capacity and security of the power transmission network in …

Asian Infrastructure Investment Bank (AIIB)

Topics covered: Important International institutions, agencies and fora, their structure, mandate. Asian Infrastructure Investment Bank (AIIB) What to study? For Prelims: AIIB- structure, voting and share of countries, NIIF. For Mains: AIIB- significance, need for infrastructure funding. Context: Recently, the Asian Infrastructure Investment Bank (AIIB) has approved US$ 500 million for ‘Covid-19 Emergency Response and …