Himachal seeks World Bank funds for projects

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Himachal Pradesh Government on Friday urged the International Finance Corporation (IFC), a wing of the World Bank, to finance various projects, especially in sectors like tourism, hydropower and affordable housing.

Senior state officers, led by Additional Chief Secretary Shrikant Baldi, held discussions with the delegation of the IFC in New Delhi to explore the possibilities of financing various projects.Baldi told the IFC representatives that the state has developed a land bank and suitable land is available for setting up various kinds of industries. He said the state would like the IFC to invest in the focus sectors like affordable housing projects.

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