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The Economic Times
The Economic Times
National

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

World Bank India

New Delhi: The World Bank's Board of Executive Directors has approved USD 1.5 billion in financing to support India's structural reforms aimed at boosting private sector-led job creation and accelerating economic growth.

The financing, provided under the Boosting Job Creation in the Private Sector Development Policy Financing (DPF) Operation, is expected to support reforms that can create employment opportunities for 11 million young Indians entering the workforce over the next two decades.

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