The World Bank’s Board of Executive Directors Friday approved $1.5 billion financing to India to support their structural reforms aimed to boost private sector-led job creation and economic growth, it said in a statement.

India seeks $2.5 billion from the World Bank and ADB to enhance infrastructure and job creation amid budget challenges.

The World Bank’s Board of Executive Directors Friday approved $1.5 billion financing to India to support their structural reforms aimed to boost private sector-led job creation…