Strengthening India-ADB Ties
On June 2, 2025, Prime Minister Narendra Modi met with Asian Development Bank (ADB) President Masato Kanda in New Delhi to discuss collaborative efforts towards India’s development. The meeting underscored ADB’s commitment to supporting India’s ambitious vision of becoming a developed nation by 2047, known as ‘Viksit Bharat 2047’.
ADB’s Commitment to India’s Development
President Kanda reaffirmed ADB’s dedication to assisting India in achieving its development goals. He emphasized that ADB would continue to provide financial and technical support to enhance India’s infrastructure, promote sustainable growth, and address socio-economic challenges. The bank’s support aligns with India’s broader objectives of inclusive development and modernization.
Focus on Urban Infrastructure
A significant aspect of the discussion was ADB’s focus on urban infrastructure development. Recognizing the rapid urbanization in India, ADB plans to invest in projects that improve urban living conditions, enhance connectivity, and promote environmental sustainability. These initiatives aim to create smart cities that are efficient, resilient, and inclusive.
Collaborative Initiatives for Sustainable Growth
The meeting also highlighted the importance of collaborative initiatives between India and ADB to foster sustainable growth. Both parties agreed on the need for integrated approaches that combine infrastructure development with social welfare programs, ensuring that growth benefits all segments of society.
Looking Ahead
As India progresses towards its goal of becoming a developed nation by 2047, the partnership with ADB will play a crucial role in realizing this vision. The continued collaboration is expected to drive significant advancements in infrastructure, economic development, and social well-being across the country.
In conclusion, the meeting between Prime Minister Modi and ADB President Kanda marks a significant step in strengthening the partnership between India and ADB. With a shared commitment to sustainable and inclusive development, both parties are poised to make meaningful contributions towards India’s journey to becoming a ‘Viksit Bharat’ by 2047.
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