India, ADB signs loan to improve mobility in Mizoram

Multilateral Development Banks have helped in financing both development and social infrastructure projects in the country. Justify with examples. (250 words)

Approach:

• Introduce by defining Multilateral Development Banks (MDBs)
• Enumerate the contribution of MDBs in development and social infrastructure, give examples.
• List the challenges with such investments by MDBs
• Way forward and Conclusion