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8/4/2019 Adb and India
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ASIAN DEVELOPMENT
BANK RAISES INDIA’S
GDP FORECAST
Presented By-
Anand Kumar Mahato
Roll No.- PG/16/009
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CONTENT
Introduction About Asian Development Bank
Forecasted Growth Rate of Asian
Countries Forecasted Growth Rate of India by
different council & organization
Purpose, Function & Membership of AsianDevelopment Bank
Objective
References
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INTRODUCTION
Asian Development Bank (ADB).
It Forecast India’s Growth for the currentfinancial year to 8.5%.
Earlier in april 2010 ADB forecast India'sgrowth was 8.2%.
ADB is also concern over persistent high
rate of inflation and Rising value of rupee, which can
undermine future economic growth.
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About ADB
Formation- 22 Aug 1966 Moto- Fighting poverty in Asia and the Pacific
region Type – Regional Organization Headquarter- Metro Manila, Philippines Membership – 67 Countries President – Haruhiko Kuroda
Main organ – Board of Directors Staff – 2600 Vision – An Asia And Pacific Free of poverty
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Asia risingGDP growth in %
0
2
4
6
8
10
12
14
G R O W T H R
A T E
C H I N A
S K O R E A
I N D O N E S I A
M A L A Y S I A
H O N G K O N G
S I N G A P O R E
P H I L I P P I N E S
T H A I L A N D
D E V E L O P I N G
A S I A
COUNTRY
9.6
9.6
5.2
6
5.5
6.1
5.3
6.8
5.2
5.86.3
14
3.8
6.2
4
7
7.58.2
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ADB vs. others :GDP growthprojection of India (in %)
9.4 9.2 8.5 8.5 8.5 8.5 8.1
IMF CMIE ADB GOI RBI PMEAC Crisil
IMF-International Monetary Fund
PMEAC-Prime Minister Economic Advisory CouncilCMIE-Centre for Monitoring Indian Economy
GOI-Government of India
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Purpose of ADB
Foster economic and co-operation in theregion of Asia and the far east.
Contribute to the acceleration of theprocess of economic development of developing member countries
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Function of ADB
To promote investment in the region of private and public capital for developmentpurposes.
Financial development of the developingmember countries through nationalprojects and programmes.
To provide technical assistance for thepreparation, financing and execution of development projects and programmes.
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Membership
Membership in the Bank shall be open to:
(1) members and associate members of theUnited Nations Economic Commission for Asia
and Far East; and(2) other regional countries and non-regionaldeveloped countries which are members of theUnited Nations or any of its specialized agencies.
Vote of 2/3rd of the total number of Governors,representing not less than 3/4th of the totalvoting power of the members.
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OBJECTIVE
The current trend of growth rate in asiancountries.
Comparision between India’s growthagainst other asian countries.
ADB and its contribution to Asia andPacific region.
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REFERENCES
• BUSINESS STANDARDS
• WIKIPEDIA.COM
•
GOOGLE• www.adb.org
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THANK YOU