Indian govt and the ADB on Friday signed an agreement for a $350 mn policy-based loan under the second subprogramme of the SMILE programme

New Delhi: The Indian government and the Asian Development Bank (ADB) have signed a $350 million policy-based loan agreement to support the Strengthening Multimodal and Integrated Logistics Ecosystem (SMILE) programme. This loan, under the programme’s second subprogramme, is aimed at improving the logistics framework to enhance manufacturing capabilities and build resilient supply chains in the […]