Question
Which financial institution or entity will provide a
combined financing of USD 1 billion to support India's Pradhan Mantri-Ayushman Bharat Health Infrastructure Mission (PM-ABHIM)?Solution
The World Bank will provide a combined financing of USD 1 billion (about Rs 8,200 crore) to support India's Pradhan Mantri-Ayushman Bharat Health Infrastructure Mission (PM-ABHIM). This funding is aimed at enhancing the public healthcare infrastructure in the country and improving healthcare services for the citizens.
In the banking parlance, CTS stands for –
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