In June 2026, the World Bank approved USD 1.5 billion in financing to support India's structural reforms aimed at accelerating private sector-led job creation, under the 'Boosting Job Creation in the Private Sector' Development Policy Financing (DPF) operation. The initiative aims to create employment for around 11 million youth annually over the next two decades, while supporting private sector-led growth and strengthening India's economic resilience.
Economy
World Bank Approves USD 1.5 Billion to Boost Private Sector Job Creation in India
Key Points
- In June 2026, the World Bank approved USD 1.5 billion in financing to support India's structural reforms aimed at accelerating private sector-led job creation, under the 'Boosting Job Creation in the Private Sector' Development Policy Financing (DPF) operation
- The initiative aims to create employment for around 11 million youth annually over the next two decades, while supporting private sector-led growth and strengthening India's economic resilience
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• World Bank: USD 1.5 billion for India's Private Sector DPF programme (June 2026) • Target: ~11 million jobs annually for the next two decades • DPF: Development Policy Financing; focuses on competitiveness and private sector growth • World Bank HQ: Washington D.C.; President: Ajay Banga
