Showing posts with label ADB. Show all posts

Nov 23, 2015

Indian-American Swati Dandenkar appointed as US Director of ADB

India-born Swati Dandekar has been appointed as the United States director of the Asian Development Bank (ADB).
She was nominated to this position by US President Barack Obama and was designated with rank of an ambassador. She would replace Robert M Orr who has held this position since 2010.

About Swati Dandekar

  • Swati Dandekar was born on March 6, 1951 in Nagpur, Maharashtra. Along with her husband Arvind, she had migrated to the US in 1973.
  • She had received her BS degree in Biology and Chemistry from Nagpur University and a graduate diploma from Mumbai University in dietetics.
  • Dandekar was the first Indian-born American citizen to win a state legislature seat in the United States.
  • She was a member of the Iowa House of Representatives from 2003 to 2009 and was also member of the Iowa Senate from 2009 to 2011.
  • Later, she had served on the Iowa Utilities Board from 2011 to 2013 and member of the Vision Iowa Board of Directors from 2000 to 2003.

Sep 28, 2015

India signs Loan Agreement with ADB for upgrading Tourism Infrastructure and Services

Union Government has inked a loan agreement with Asian Development Bank (ADB) for US 123.51 million dollars for Infrastructure Development Investment Program.
The 3 tranche loan will be used for upgrading tourism infrastructure and services in three states Punjab, Uttarakhand and Himachal Pradesh.
 
The loan will be used
  • For conservation and development of places of tourist attractions.
  • To improve basic tourism facilities and build the capacity of tourism sector agencies and local communities in above three States.