World Bank lends Rs 1950 crore loans to West Bengal

West Bengal government has received a loan amount of Rs 1950 crore from the World Bank. The loan amount has been lend to the West Bengal Government to tackle COVID-19 situation and developmental work in the state.

Click Here To Get Test Series For SBI PO 2020

Out of the total amount of Rs 1950 crore, West Bengal Government will spend Rs. 850 crore on various Social-Welfare schemes while the remaining Rs 1,100 crore will be spent to create Industrial infrastructures.

Important takeaways for all competitive exams:

• Chief Minister of West Bengal: Mamata Banerjee; Governor: Jagdeep Dhankhar.
• President of World Bank: David Malpass.

Find More State In News Here