The first all-women-run financial institution in the cooperative sector is coming up in Rajasthan following a memorandum of understanding (MoU) signed with the Telangana government's Stree Nidhi Credit Cooperative Federation. The new body will promote women's empowerment by supporting their enterprises.
The World Bank approved a 500 million USD credit to help Bangladesh improve disaster preparedness against inland flooding in 14 flood-prone districts benefiting over 1.25 million people.