asian-development-bank-president-calls-on-pm-narendra-modi

Asian Development Bank president calls on PM Narendra Modi

New Delhi, Feb 06 (ANI): Asian Development Bank (ADB) President Takehiko Nakao met Indian Prime Minister Narendra Modi in New Delhi. Nakao was accompanied with a delegation from the ADB as they discussed matters of mutual interest to India and the ADB, with Modi. After the meet, Modi tweeted a picture of the two leaders shaking hands, reading the caption: "A very productive meeting with Mr. Takehiko Nakao, President of the Asian Development Bank. @ADB_HQ". Meanwhile, the ADB tweeted: "In meeting with @narendramodi, @ADB_HQ Pres Nakao lauds #India's brighter growth prospects". Nakao commended India's efforts to improve business environment and accelerate infrastructure investment. He highlighted the importance of reform measures by India like raising the FDI ceiling in many sectors, fast tracking infrastructure projects and reduction on fuel subsidies. Feb 6, 2015