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ADB keen to fund infra projects

Read more on:    Asian Development Bank | B K Patnaik
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The Asian Development Bank (ADB) is keen to finance infrastructure development projects in the state in sectors like roads, irrigation and power transmission.

"We had discussions with the executive director of ADB. They are enthusiastic on funding projects in the state. ADB is already financing a few irrigation projects and also road projects under Pradhan Mantri Grameen Sadak Yojana”, said state Chief Secretary B K Patnaik.

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RBI to buy govt securities worth Rs 10,000 cr

The Reserve Bank of India (RBI) today announced that it would purchase government securities worth Rs 10,000 crore through open market operations ...

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