The Government of India and Asian Development Bank (ADB) has signed a $251-million loan for climate-resilient, integrated urban flood protection and management in the Chennai-Kosasthalaiyar basin to strengthen the resilience of Chennai city to floods.
In New Delhi, Finance Minister Smt. Nirmala Sitharaman has participated in the 6th Annual Meeting of the Board of Governors of Asian Infrastructure Investment Bank (AIIB) through a video conference.