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Home News World

India to receive aid of 200 million euro concessional loan from France: Sources

by Janam Web Desk
Jun 4, 2020, 05:15 pm IST
in World

New Delhi: France has finalised a concessional loan of 200 million euros to India in a bid to provide additional social protection to the most vulnerable in India.

Diplomatic sources to ANI, ” The French Development Agency has finished finalising a concessional loan of 200 million euros, which will bolster the World Bank in providing additional social protection to the most vulnerable in India.”

According to sources, French President Emmanuel Macron wrote to Prime Minister Narendra Modi expressing grief to those who suffered losses due to the cyclone Amphan which ravaged parts of West Bengal and Odisha.

“President Macron has offered to extend any support that India might consider necessary to come to the aid of those directly affected,” diplomatic sources said further.

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