2. INTRODUCTION
Founded in 1966
Head quarters is in Metro Manila, Philippines.
ADB has grown to encompass 67 members of which 48 are from
within the Asia and Pacific region and 19 from outside.
Georgia is the 67th and newest member, having joined ADB effective
2nd February 2007.
The present president is Takehiko Nakao,2013.
It has field offices at 26 countries.
3. VISION
An Asia and Pacific free of poverty.
MISSION
Mission is to help its developing member countries
reduce poverty and improve the quality of life of their
people.
Under strategy 2020, ADB will follow 3 complementary
strategic agendas: Inclusive growth, environment
sustainable growth and regional integration.
4. STATES GOALS
Promoting economic growth
Reducing poverty
Developing human resources
Improving the status of women
Protecting the environment
5. WHAT DOES ADB DO ?
ADB’s overarching goal is to reduce poverty in Asia and in Pacific.
It helps to improve the quality of peoples lives by providing loans
at a low interest rates and technical assistance for a broad range
of development activities.
6. SOURCES OF FUNDS
Issuing of funds
Retained earnings from lending's
Members contribution
Borrowings from world capital market
PROJECTS AND PROGRAMS
Supports projects in agriculture and natural resources, education,
energy, transport and communication, finance, industry and non-fuel
minerals.
Countries with limited debt repayment capacity in the region receive
additional help through the ADF.
7. ADB & INDIA
India joined at its founding in 1966 and since lending
operations began in 1986. it is the 4th largest shareholder.
Ashok K Lahiri is the executive director and Tadashi Kondo
is the ADB country director for India.
ROLE OF ADB IN INDIA
ADB has approved 130 loans (sovereign and non-sovereign)
amounting to $20,586.5 million since 1986.
Core focus on ADB’s strategy in India is poverty reduction through
infrastructure-led growth.
The growth to be maintain environment sustainable, admist
increasing preserve on natural resources.
8. IMPACT OF ASSISTANCE
Support for rural roads program since 2003 is helping to improve
connectivity in rural areas of five states- Assam, Chhattisgarh, Madhya
Pradesh, Orissa and west Bengal.
The Gujarat earthquake rehabilitation and reconstruction project(may 2001-
November 2007) has helped in reconstructing and restoring damaged infra
in the earthquake affected areas of Gujarat.
The tsunami emergency assistance project has helped to rebuild houses,
roads, bridges, ports facilities and other public infra incorporating better
safety standards.
The housing finance II project, consisting of loans(march2002- june2007),
provided loans to low income households for home purchases or
improvements through financial intermediaries.
9. PROJECTS UNDERTAKEN IN INDIA
Integrating Poverty Reduction in Programs and Projects in India.
Capacity Building for the Clean Development Mechanism in India.
Capacity Building for the Contract supervision and Management in NHAI.
Capacity Development for Strengthening Implementation of social and
Environmental Safeguard requirements in Projects in India.
Securities Companies in India.
SBI Gilts Ltd , etc….
10. ACHIVEMENTS OF ASIAN DEVELOPMENT BANK
Funding projects led by the Utah State University to bring labor
skills to Thailand.
Technical assistance grant of US$2 million to Bangladesh to
overcome the challenges linked to climate change.
Loan of $1.2 billion to bail Pakistan out of an impending economic
crisis.
Contributions towards the development of solar energy in India.
Earthquake and Tsunami Emergency Support Project in Indonesia.
11. CHALLENGES OF ADB
Poverty is still one of the main challenges faced by ADB.
Safe water is still not available to 60% of the people in the member
countries.
Improved sanitation facilities not reached
70% of the people.
Out of every 100 children, 40 die before they
reach the age of 15. Infant mortality rate is very high.
Half of the undernourished population of the world lives in Asia.
Rising inflation has adversely impacted growth rates in Asia