Current Affairs - National - Discussion

India has signed a loan agreement of 36 million dollars with the World Bank for Himachal Pradesh Public Financial Management Capacity Building Programme. The main objective is to improve the efficiency of Public Expenditure Management and Tax Administration in Himachal Pradesh. The programme worth is about 45 million dollars, of which 36 million dollars will be financed by the Bank, and the remaining amount will be funded out of State Budget.