CURRENT AFFAIRS

Detailed explanation-1: -The Asian Development Bank (ADB) and the Government of India today signed a $96.3-million loan agreement to provide safe drinking water and improve water supply and sanitation services in the state of Himachal Pradesh.

Detailed explanation-2: -World Bank Approves $750 Million Loan to India to Catalyze Private Financing and Support Economic Growth.

Detailed explanation-3: -WASHINGTON, DC, September, 21, 2022 - The World Bank’s Executive Board of Directors today approved a $350 million loan to the western Indian state of Gujarat to improve the quality and access of its public healthcare services, with special focus on adolescent girls and disease surveillance.

Detailed explanation-4: -The Government of India, the Government of West Bengal, and the World Bank signed a $125 million IBRD loan to support efforts to help poor and vulnerable groups access social protection services in the state of West Bengal. West Bengal runs more than 400 programs that provide social assistance, care services, and jobs.

Detailed explanation-5: -The World Bank’s Executive Board of Directors approved the USD 350 million loans to the state, the multilateral funding agency said.