Need to establish Uniform Civil Code; Launch of BrahMos missile; List of National Film Awardees & more…

GS II: India and its neighborhood relations.

Exim Bank to provide $15 bn credit to Asian countries

  • Exim Bank (Export – Import Bank) of India will be providing Lines of Credit worth
    more than $15 billion to Asian countries over the next three to four years.
  • Bangladesh: $9.5 billion
    • $1.6 billion for setting up a super-critical ultra thermal power plant.
    • $ 2 billion for supply of buses and railway wagons.
  • Sri Lanka: $3 billion
    • Develop railways and water projects.
  • Nepal: $1.5 billion
    • Develop its transportation system.
  • Myanmar: $1.5 billion
  • Also plans to extend finance to Cambodia and Vietnam.

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