Govt In Talks With World Bank, ADB For $2.5 Billion Loan Amid Fiscal Strain
Published on: June 18, 2026, 1:26 p.m. | Source: Free Press Journal
India is negotiating with the World Bank and Asian Development Bank for around $2.5 billion in funding to support urban infrastructure and job creation. The loans come as higher oil import costs linked to Middle East tensions strain fiscal resources and widen the budget gap early in the financial year
