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USIDFC to Invest $350 million in Indian Firms

Published on June 08, 2020
Current Context: The United States International Development Finance Corporation (USIDFC) will be investing 350 million in Indian Firms to support multiple projects in India.
USIDFC to Invest $350 million in Indian Firms

  • The projects supported by USIDFC will be in fields of finance, health infrastructure, renewable energy, food security, dairy farming.
  • Static Part: 
    • HQ of USIDFC: Washington DC, US
    • CEO of USIDFC: Adam Boehler

Question: 

Q.1 Which organisation will be investing $350 million in Indian Firms? 
a. USAID
b. USIDFC
c. World Bank
d. AIIB
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