Asian development bank
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Transcript of Asian development bank
Prepared by : Suniel Kumar A
MottoFighting poverty in Asia
andthe Pacific
Formation 22August 1966
Purpose/focus Crediting
HeadquartersMandaluyong City, MetroManila, Philippines
Region served Asia-Pacific
Membership 67 countries
President Takehiko Nakao
The Asian Development Bank (ADB) is a regionaldevelopment bank.
Primary Aim: The Asian Development Bank aimsfor an Asia and Pacific free from poverty.
Approximately 1.7 billion people in the region arepoor and unable to access essential goods, services,assets and opportunities to which every human isentitled.
The bank admits the members of the UnitedNations Economic and Social Commissionfor Asia and the Pacific and non-regionaldeveloped countries.
Non regional members Regional members
19 49
From 31 members at itsestablishment, ADB nowhas 67 members - of which48 are from within Asia andthe Pacific and 19 outside.
Goals of ADB.
ZERO INCOME POVERTY
ZERO HUNGER & MALNUTRITION
GENDER EQUALITY
DECENT JOBS FOR EVERY ONE OF WORKING AGE
HEALTH FOR ALL
IMPROVED LIVING CONDITION FOR ALL
QUALITY EDUCATION FOR ALL
LIVE ABLE CITIES
ENVIRONMENTAL RESPONSIBILITY ANDMANAGEMENT OF NATURAL RESOURCES
DISASTER RISK REDUCTION
ACCOUNTABLE & RESPONSIVE GOVERNMENTS
STRONG DEVELOPMENT PARTNERSHIPS & REFORMED GLOBAL GOVERNANCE
Areas of Work
The Bank's operations cover a wide spectrum of activitiesand have been classified according to the following sectors:
AgricultureEducationEnergyFinanceHealth
Industry and Trade Information and Communication Technology Public Sector Management Social Protection Transport Water
Need of ADB
CHALLENGES
ADB & India
India became a member of the Asian Development Bank (ADB)as a founding member in 1966.
India is holding 6.33% of shares, totaling 672,030 shares, inADB as on 31st December, 2013.
India has 5.36% voting rights.
ADB holds Annual meetings in a member country in late Aprilor early May every year. 46th Annual Meeting of the ADB isbeing hosted by India during 2-5 May, 2013 in New Delhi.
Role of ADB in India
ABD’S INTERFACE WITH INDIA
ADB assistance to India commenced in 1986.
Average Annual Lending $1986-1996 $586 million
1997-2002 $905 million
2003-2007 $1.094 billion
2008-2012 $1.9 billion
2012-2013 $5.2 billion
2013-2014 $8.0 billion
IMPACT OF ASSISTANCE
1. Support for the Rural Roads Program since 2003 is helping toimprove connectivity in rural areas of five states-Assam,Chhattisgarh, Madhya Pradesh, Orissa, and West Bengal
2. The Gujarat Power Sector Development Project (December2000–March 2007) helped the government of Gujarat byestablishing an appropriate legal and regulatory frameworkfor the electricity sector
3. The Gujarat Earthquake Rehabilitation and ReconstructionProject(May 2001–November 2007) has helped inreconstructing and restoring damaged infrastructure in theearthquake-affected areas of Gujarat.
4. The Tsunami Emergency Assistance (Sector) Project hashelped to rebuild houses, roads, bridges, ports facilities, andother public infrastructure incorporating better safetystandards.
5. The Housing Finance II project, consisting of loans(March 2002–June 2007), provided loans to low-income households for home purchases or improvements through financial intermediaries
Achievements of the Asian Development Bank:
Afghan Diaspora project.
Funding Utah state university led projects to bring labor skillsin Thailand.
Earthquake and tsunami emergency support project inIndonesia.
Greater Mekong sub regional program.
ROC ping hu offshore oil and gas development.
Strategic private sector partnerships for urban povertyreduction in the Philippines.
Loan of $1.2 billion to bail it out of an impending economiccrisis in Pakistan and ongoing funding for the countriesgrowing energy needs, specifically Hydro-power projects.
Micro finance support for private enterprises, in conjunctionwith governments, including Pakistan and India.
The Yichang-Wanzhou Railway project in the mountainousarea of western Hubei Province and north-eastern Chongqing Municipality, China.
Trans-Afghanistan gas pipeline feasibility assessment.
Colombo Harbor Expansion Project.
Asian Development BankFighting Poverty in Asia and the Pacific
Thank You