Indian Economy News

World Bank plans to boost India lending by $1 billion annually for next 5 years

  • IBEF
  • March 14, 2018

World Bank plans to raise lending to India by US$ 1 billion for every next five years from current US$ 3 billion to US$ 3.5 billion said Junaid Ahmad, its country director to India. In November 2017, for the first time India ranked 100th place on the World Bank's ranking of countries by Ease of Doing Business report 2018, up by 30 places; driven by reforms in access to credit, power supplies and protection of minority investors.

Disclaimer: This information has been collected through secondary research and IBEF is not responsible for any errors in the same.

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