World Bank Group Provides New Financing in Support of India's Reform Program to Boost Growth and Jobs
India, June 22 -- The World Bank's Board of Executive Directors approved $1.5 billion in financing to support India's structural reforms to boost private sector-led job creation and economic growth under the Boosting Job Creation in the Private Sector Development Policy Financing (DPF) Operation.The DPF Operation can create job opportunities for the 11 million youth who will be entering the labor market every year over the next two decades.The DPF Operation builds on many structural reforms undertaken or initiated in recent years, including tax simplification, trade integration, and legislative and regulatory reforms to improve ease of living and the ease of doing business. The operation also supports tax and regulatory reforms that reduce ...
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