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World Bank approves $750 million fund to support Covid-hit MSMEs


This programme will address the immediate liquidity and credit needs of some 1.5 million viable MSMEs to help them withstand the impact of the current shock and protect millions of jobs.

The World Bank has to date committed $2.75 billion to support India’s emergency COVID-19 response, including the new MSME project.

The World Bank on Wednesday announced a $750 million MSME Emergency Response program to support increased flow of finance to micro, small, and medium enterprises (MSMEs), severely impacted by the COVID-19 crisis.

This programme will address the immediate liquidity and credit needs of some 1.5 ...


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