FRANCE TO PROVIDE €20 MN AID TO INDIA

NEW DELHI: France on Thursday announced it will provide financial aid of up to 200 million euros to support vulnerable sections of society amid the Covid-19 pandemic, delivering on a commitment made by President Emmanuel Macron.

“Joining hands to overcome #covid19: Through the French Development Agency @AFD_en, France is providing financial support of up to € 200 million to boost social welfare systems and protect vulnerable populations in India!” French ambassador Emmanuel Lenain tweeted.

The advisory board of the Agence Française de Développement (AFD) has allocated the funds and is expected to sign an agreement with India’s finance ministry in the coming weeks to support welfare measures and the most vulnerable sections of society, people familiar with matter said on condition of anonymity. The AFD funds and supports projects in 115 countries.