World Bank

The World Bank has approved loans totalling $1.75 billion (around Rs 13,834.54 crore) to fund India's PM Ayushman Bharat scheme and non-public funding to enhance monetary growth. The World Bank Board of Executive Directors authorized two complementary loans of $500 million each to aid and enhance India’s health sector. Through this blended financing of $1 billion, the World Bank will aid India’s flagship Pradhan Mantri-Ayushman Bharat Health Infrastructure Mission (PM-ABHIM), launched in October 2021, to improve the public healthcare infrastructure across the country. In addition to the countrywide degree interventions, one of the loans will prioritize seven states along with…