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Finance Minister participates in the First Annual General Meeting of Asian Infrastructure Investment Bank (AIIB) at Beijing, China yesterday; Addressing Board of Governorsí

News and Press Release - Dated:- 27-6-2016 - Session of AIIB, FM said that India has a huge unmet demand for investment in infrastructure and is preparing basket of projects worth US$ 2-3 billion for AIIB funding in the areas of Urban Development (in .....

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in the First Annual General Meeting of Asian Infrastructure Investment Bank (AIIB) held at Beijing, China yesterday. Addressing the Board of Governors Session of the Annual General Meeting, the Finance Minister Shri Jaitley stated that the new Bank h .....

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egion remains the growth engine for the world. Notwithstanding the global headwinds, however, India continues to maintain a high growth rate at 7.6% in 2015-16 compared to 7.2% in the previous year, Shri Jaitley added. Outlining India s development p .....

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AIIB, the Finance Minister Shri Jaitley said AIIB presents a much needed additional financing window dedicated to infrastructure projects and meeting the financing gap that may be beyond the capacity of the individual countries and the existing MDBs .....

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