In December 2021, which state has inked a loan agreement with Asian Development Bank for setting up the Assam Skill University project with Asian Development Bank?

The correct answer is Assam. Key Points Assam government inked a loan agreement on 17 December 2021 with Asian Development Bank for setting up the Assam Skill University project with Asian Development Bank. The university is being set up under the External Aided Project (EAP) funded by Asian Development Bank. An additional grant of $1 million is also provided as technical assistance by the ADB. Important Points The value of the Assam Skill University Project is estimated to be $140 million including the state share of 20%. The process of designing and construction of the University has been initiated in consultation and alignment with ADB’s policy and guidelines. The construction work is expected to start on the ground in Mangaldoi by early 2022 and the university campus is expected to be completed by 2027. As per the detailed project report, nine schools have been proposed for the University that will cater to the needs of local entrepreneurs, start-ups, and micro, small, and medium-sized enterprises(MSMEs) for technology, digital, business, and skilling solutions. Additional Information On 22nd February 2021, Woochong Um of the Republic of Korea was appointed as the new Managing Director General of the Asian Development Bank (ADB). The Indian government and Asian Development Bank (ADB) signed a $61 million loan in November 2021. It has been signed to improve livability, harness technology, and promote new developments to accommodate the expanding population in Agartala , Tripura . About ADB: - The Asian Development Bank is a regional development bank established on 19 December 1966 , which is headquartered in the Ortigas Center located in the city of Mandaluyong, Metro Manila, Philippines . The company also maintains 31 field offices around the world to promote social and economic development in Asia. India was a founding member of ADB in 1966 and is now the bank's fourth-largest shareholder . Assam: Number of districts - 33. Lok Sabha seats - 14. Rajya Sabha seats - 7. State Animal - Indian rhinoceros. State Bird - White-winged duck. National Parks - Dibru-Saikhowa National Park, Kaziranga National Park, Manas National Park, Nameri National Park, Rajiv Gandhi Orang National Park. Dams - Subansiri Lower Dam(Subansiri River), Karbi Langpi Dam(Borpani River).