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 ASIAN DEVELOPMENT

BANK RAISES INDIA’S

GDP FORECAST

Presented By-

 Anand Kumar Mahato

Roll No.- PG/16/009

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CONTENT

Introduction About Asian Development Bank 

Forecasted Growth Rate of Asian

Countries Forecasted Growth Rate of India by

different council & organization

Purpose, Function & Membership of AsianDevelopment Bank 

Objective

References

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INTRODUCTION

 Asian Development Bank (ADB).

It Forecast India’s Growth for the currentfinancial year to 8.5%.

Earlier in april 2010 ADB forecast India'sgrowth was 8.2%.

 ADB is also concern over persistent high

rate of inflation and Rising value of rupee, which can

undermine future economic growth.

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 About ADB

Formation- 22 Aug 1966 Moto- Fighting poverty in Asia and the Pacific

region Type – Regional Organization Headquarter- Metro Manila, Philippines Membership – 67 Countries President – Haruhiko Kuroda

Main organ – Board of Directors Staff  – 2600  Vision – An Asia And Pacific Free of poverty

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 Asia risingGDP growth in %

0

2

4

6

8

10

12

14

   G   R   O   W   T   H   R

   A   T   E

   C   H   I   N   A

   S   K   O   R   E   A

   I   N   D   O   N   E   S   I   A

   M   A   L   A   Y   S   I   A

   H   O   N   G   K   O   N   G

   S   I   N   G   A   P   O   R   E

   P   H   I   L   I   P   P   I   N   E   S

   T   H   A   I   L   A   N   D

   D   E   V   E   L   O   P   I   N   G

   A   S   I   A

COUNTRY

9.6

9.6

5.2

6

5.5

6.1

5.3

6.8

5.2

5.86.3

14

3.8

6.2

4

7

7.58.2

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 ADB vs. others :GDP growthprojection of India (in %)

9.4 9.2 8.5 8.5 8.5 8.5 8.1

IMF CMIE ADB GOI RBI PMEAC Crisil

IMF-International Monetary Fund

PMEAC-Prime Minister Economic Advisory CouncilCMIE-Centre for Monitoring Indian Economy

GOI-Government of India

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Purpose of ADB

Foster economic and co-operation in theregion of Asia and the far east.

Contribute to the acceleration of theprocess of economic development of developing member countries

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Function of ADB

To promote investment in the region of private and public capital for developmentpurposes.

Financial development of the developingmember countries through nationalprojects and programmes.

To provide technical assistance for thepreparation, financing and execution of development projects and programmes.

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Membership

Membership in the Bank shall be open to:

(1) members and associate members of theUnited Nations Economic Commission for Asia

and Far East; and(2) other regional countries and non-regionaldeveloped countries which are members of theUnited Nations or any of its specialized agencies.

 Vote of 2/3rd of the total number of Governors,representing not less than 3/4th of the totalvoting power of the members.

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OBJECTIVE

The current trend of growth rate in asiancountries.

Comparision between India’s growthagainst other asian countries.

 ADB and its contribution to Asia andPacific region.

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REFERENCES

• BUSINESS STANDARDS

• WIKIPEDIA.COM

•

GOOGLE• www.adb.org

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THANK YOU