India taps World Bank, ADB for $2.5 billion infrastructure spend
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Legislative action — a bill, act, or amendment that creates or modifies the legal framework. Carries binding force and shapes the rules under which citizens, institutions, and markets operate.
Summary
India and the World Bank Group announced an agreement earmarking $8 billion to $10 billion in annual financing over five years
Key Facts
Type Legislation
Source BusinessLine - Economy
Published Thursday, 18 June 2026
Affected Population ~350 million BPL population, 140 million elderly
Key Numbers
PM-JAY: 55 crore beneficiaries
MGNREGA: Rs 86,000 crore annual outlay
NSAP pensions: 3 crore beneficiaries
Tribal budget: Rs 13,000 crore (2025-26)
Key Authorities
Key Stakeholders
Government Context
NDA III BJP-led NDA
Left Centre Right