Agreement for Rajasthan with World Bank

Prelims level : Mains level :
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CONTEXT:

  • India signs Loan Agreement with the World Bank for Strengthening the Public Financial Management in Rajasthan Project.
  • The objective is to improve Budget execution, enhanced accountability and greater efficiency in Revenue Administration in Rajasthan.
  • Project size is USD 31 million, USD 21.7 million will be financed by the World Bank& USD 9.3 million by State Budget. Tenure -5 years
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