World Bank approves US$125 million loan to the West Bengal government.

The funds will assist the state government in more effectively implementing and monitoring social security programmes.

World Bank approves US$125 million loan to the West Bengal government.
Photo by Markus Krisetya / Unsplash

The World Bank has approved a loan of $125 million to the West Bengal government, primarily to support the state's efforts to improve access to social protection services for the poor and vulnerable.

According to a statement released by the state government on Saturday, the loan will help the administration improve services such as telemedicine, support for the elderly and differently-Abled, financial inclusion of citizens through digital payments, and benefit disbursement for public schemes.