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): Context: Government of India, the Government of Maharashtra, Mumbai Railway Vikas Corporation and the Asian Infrastructure Investment Bank (AIIB) have signed a loan agreement for a $500 million Mumbai Urban Transport Project-III to improve the network capacity, service quality and safety of …

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 …

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: India seeks $6 billion loans from AIIB, ADB to combat COVID-19. The central government is in talks …