Asian Development Bank and HSBC India have signed an agreement to establish a USD 100 million partial guarantee programme to support more than 4,00,000 micro-borrowers and mostly women-run micro-enterprises across India.
The Flipkart Foundation, is a new platform with a focus on development in rural areas and providing equitable access to growth opportunities for women and other disadvantaged communities.
The 'Pradhan Mantri Garib Kalyan Package (PMGKP), an insurance scheme for Health Care Workers Fighting COVID-19' has been extended for a further period of 180 days. This will be effective.