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.
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.