Newdelhi:25/6/18;The Union Minister for Railways,Coal, Finance and Corporate Affairs,Shri Piyush Goyal said that India is looking forward to investments in 9 more projects from Asian Infrastructure Investment Bank after having picked up almost 28% of the bank’s total lending so far of US$1.4 billion for 7 projects. The Finance Minister, Shri Goyal was addressing a Press Conference today on the sidelines of the Third Annual Meeting of the Asian Infrastructure Investment Bank (AIIB) which began in Mumbai today. Welcoming delegates from 86 countries, Shri Goyal pointed-out that in just three short years, India has hosted three major events for international multilateral banks; the New Development Bank (NDB), African Development Bank (ADB) and now the Asian Infrastructure Investment Bank (AIIB) in quick succession.
Lauding AIIB for its robust processes, Shri Goyal said that it is a matter of great pride that a concept that was floated in 2014 was able to mature in 6-7 months, and by 2015 we had a Multilateral Development Bank in place with India being the second largest stakeholder with over 8% stake.’
By 2022, the Government as part of the Prime Minister’s plan will ensure every citizen to have shelter on his head, 24×7 electricity, good toilet, clean drinking water, access by road to his house and internet connectivity, he said. Industries Department, Government of Maharashtra is the nodal Department, Maharashtra Industrial Development Corporation (MIDC), Government of Maharashtra is the nodal agency, Confederation of Indian Industry (CII) is the Professional Conference Organiser (PCO), Research and Information Systems for Developing Countries (RIS) is the knowledge partner, for the third Annual Meeting of AIIB.