World Bank to give USD 750 million to support 15 crore viable MSMEs

The World Bank on Wednesday said it will give a USD 750 million-budget support to 15 crore MSMEs to increase liquidity access for viable small businesses impacted by COVID-19. During the 2020 fiscal (July 2019-June 2020), World Bank has extended USD 5.13 billion loans to India– which is the highest in a decade. This includes USD 2.75 billion given in three months in response to the COVID-19 pandemic.




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