- For this purpose, World Bank to offer worth over the US $800 million to support development initiatives.
- The approved projects are:
- $400 million for Second Accelerating India’s COVID-19 Social Protection Response Program. This funds will help India to provide social assistance to people who are severely affected by the pandemic
- $100 million Chhattisgarh Inclusive Rural and Accelerated Agriculture Growth project (CHIRAAG). This will help the community of Chhattisgarh to practice the production of nutritious food and to develop a sustainable production system.
- $68 million for Nagaland’s Enhancing Classroom Teaching and Resources project. This will help to strengthen education facilities in Nagaland.
- $250 million for DRIP-2 (Second Dam Improvement and Rehabilitation) project. It will help to improve safety and performances of existing dams in India.
- Static Part:
- HQ of World Bank: Washington DC, USA
- President of World Bank: David Malpass
