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LOANS & CREDITS May 14, 2020

Accelerating India's COVID-19 Social Protection Response Program

WASHINGTON, May 14, 2020 – The World Bank Board of Executive Directors today approved financing for the following program:

Accelerating India's COVID-19 Social Protection Response Program

IBRD loan: $200 million

IDA credit: $550 million

Terms: Maturity= 18.5 years; Grace period= 5 years

Project ID: P173943

Project Description: The program will support India’s efforts at providing social assistance to the poor and vulnerable households, severely impacted by the COVID-19 pandemic.


New Delhi
Nandita Roy
Elena Karaban
+1 (202) 473-9277