New Delhi, Dec. 16 -- The Government of India and the Asian Development Bank (ADB) on Monday signed agreements for five loans amounting to over USD 2.2 billion to support key development projects across skilling, rooftop solar, healthcare, metro rail and ecotourism sectors.

Support for Skilling and Rooftop Solar Programmes

A loan of USD 846 million has been signed to support the Pradhan Mantri Skilling and Employability Transformation through Upgraded Industrial Training Institutes Programme.

The project aims to modernise 650 ITIs across 12 states and upgrade five National Skill Training Institutes into centres of excellence, helping around 1.3 million youth through demand-driven courses in high-growth sectors.

ADB has also committed ...