India signs Loan Agreement of 36 million dollar with World Bank

Posted on:01 Jun 2017 10:10:39
India signs Loan Agreement of 36 million dollar with World Bank
01 June 2017 Current Affairs:

  • India has signed a loan agreement of 36 million dollars with the World Bank for Himachal Pradesh Public Financial Management Capacity Building Programme.

  • The objective of the project is to improve the efficiency of Public Expenditure Management and Tax Administration in Himachal Pradesh. 

  • The programme worth is about 45 million dollars, of which 36 million dollars will be financed by the Bank, and the remaining amount will be funded out of State Budget.

  • The programme duration is 5 years.



  • India has signed a loan agreement of 36 million dollars with the World Bank for Himachal Pradesh Public Financial Management Capacity Building Programme.

  • The objective of the project is to improve the efficiency of Public Expenditure Management and Tax Administration in Himachal Pradesh. 

  • The programme worth is about 45 million dollars, of which 36 million dollars will be financed by the Bank, and the remaining amount will be funded out of State Budget.

  • The programme duration is 5 years.


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