Current Affairs Agreements

World Bank To Provide $250 Million Loan To Rajasthan

Category : Agreements

 The Union Government, Rajasthan and the World Bank signed a USD 250 million Development Policy Loan (DPL) to support Rajasthan in improving the performance of its Electricity Distribution Sector under the State’s ‘24x7 Power for All’ program. The loan from the World Bank’s International Bank for Reconstruction and Development (IBRD), has a 3 year grace period and a maturity of 21 years.
Source- The Indian Exopress


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