Govt signs up USD 150 mn loan with WB for e-gov
PrintListen to this Article
The government has signed a USD 150 million loan agreement with the World Bank to push e-governance initiatives by filling in strategic policy gaps.
"This loan will support critical policy measures within Government's overall e-Governance reform agenda leading to more robust implementation of NeGP, with significant social benefits for the population and positive impact on the poor," Additional Secretary, Department of Information Technology, Shankar Aggarwal said in a statement.
The loan will be used to fund policy gaps in promoting e-governance in the country.
"The loan would not be used for specific projects but will help in framing and strengthening of the policy. We will use it for funding the gaps in strategic areas," explained a DIT official who did not wish to be named.
"Besides, we will get exposure to international expertise through World Bank. (PTI)
Category : Finance | Comments : 0 | Hits : 360
Today, Finance Minister Nirmala Sitharaman presented the 16th Finance Commission report in the Lok Sabha, outlining recommendations for the devolution of tax revenues between the Centre and the states...
The Union Cabinet chaired by the Prime Minister, Shri Narendra Modi has approved the Terms of Reference for the Sixteenth Finance Commission. The Terms of Reference for the Sixteenth Finance Comm...
Finance Act, 2023 – Assented by President
Finance Act, 2023 received the assent of the President on the 31st March, 2023. Finance Bill, 2023 receives President's assent on Mar 31, 2023 and now its Finance Act, 2023. The Financ...
Comments