India-World Bank Current Affairs - 2020

Ministry of Finance launches Business Reforms Action Plan ranking of states

On September 5, 2020, Union Minister of Finance and Corporate Affairs launched the fourth edition of Business Reforms Action Plan ranking of states. Key Highlights of the ranking The rankings are being launched since 2015. The Business Reform Action Plan 2018-19 includes 180 reform points that covers business regulatory areas such as Single Window System, Read More…

750 million USD loan approved by AIIB to India

On June 17, 2020, the Asian Infrastructure Investment Bank (AIIB) approved 750 million USD loan to India. The fund granted is to be used by the GoI to strengthen battle against the impact of COVID-19 on the poor and vulnerable. Highlights The aid was cofinanced by the Asian Development Bank (ADB). The funds are to Read More…

Indian PMO secretaries to hold key positions in WTO, World Bank

The Private secretary of Prime Minister Modi Rajeev Topno was recently appointed as the Senior Advisor to the Executive Director of World Bank. Also, a joint secretary at the Prime Minister Office (PMO) was appointed to the World Trade Organization as an ambassador Highlights Besides these officers, five other officers have been appointed abroad where Read More…

May 28: World Hunger Day

Every year, May 28 is marked as World Hunger Day. The World Hunger Day is an initiative of the Hunger Project. Significance The United Nations aims to increase agricultural productivity. This is to feed 820 million people that are with inadequate food security. The UN predicts that 2 billion are to come under poverty and Read More…

India-World Bank: Social Protection Response Programme

The World Bank and Government of India have signed agreement of 750 million USD recently. The World Bank has assured 1 billion USD assistance to accelerate India’s COVID-19 Social Protection Response Programme. It aims to protect vulnerable households that are impacted due to COVID-19 pandemic. Highlights The Social Protection Response Programme is to be implemented Read More…