Arun Jaitley seeks higher funding from AIIB for infra push
Asian Infrastructure Investment Bank (AIIB) has in the past 2 years approved five projects in India envisaging a total commitment of more than USD 1 billion, and has a pipeline of 12 projects involving assistance of USD 3.5 billion, according to a finance ministry official
Arun Jaitley said that the bank has started funding effectively and should contribute actively in infrastructure development of the Asian region which has suffered from lack of basic facilities. Image source: PTI