World Bank gives USD 250 million loan for “First Resilient Kerala Program”
- The Government of India, the Government of Kerala and the World Bank have signed a Loan Agreement of USD 250 million for the First Resilient Kerala Program.
- The aim is to enhance Kerala’s resilience against the impacts of 2018 flood.
- This is also the First ‘State Partnership’ of the World Bank in India.
Points to remember:
- Amount of loan.
- World Bank’s first State Partnership in India with?