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The Economic Times

Top News / The Economic Times

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World Bank approves USD 1.5 bn loan to support India's reforms, job creation

India's push for private sector-led growth and job creation has received a significant boost with the World Bank approving USD 1.5 billion in financing. This funding will support structural reforms aimed at simplifying business regulations, enhancing trade, and improving access to capital. The initiative is projected to create employment for millions of young Indians and bolster the nation's economic resilience, aligning with the government's long-term development vision.

22 Jun 2026 6:04 pm