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The Economic Times

Top News / The Economic Times

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AIIB eyes bigger India water funding push as El Nio threatens dry spell

AIIB intends to expand its water sector funding in India, which faces severe drought conditions this monsoon season. The bank is prioritizing water-related projects as extreme weather threatens agricultural growth. It has allocated $13.8 billion in total funding to India since 2016, but only 7% is aimed at water projects.

26 Sep 2026 11:26 am