World Bank Current Affairs - 2020

World Bank approved 200 million dollar loan for safe water & sanitation in Bangladesh

The World Bank (WB) has approved a 200 million dollar loan for Bangladesh in order to improve access to safe water and sanitation services in the rural areas of the country. The Bangladesh Rural Water, Sanitation and Hygiene (WASH) project will help 6 lakh people to get access to clean water through piped water schemes Read More…

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…

What is One Sun, One World, One Grid Project?

The Prime Minister Modi in his Independence Day address mentioned the mega plan of “One Sun One World One Grid” project. It is a trans-national electricity grid supplying solar power project. The idea of the project was first introduced by PM Modi in 2018 during the International Solar Alliance. Highlights The plan focuses on framework Read More…

India sends Humanitarian aid to Lebanon to assist Beirut Explosion Victims

The Government of India has sent 58 tonnes of emergency humanitarian aid to the people affected by Beirut Explosion in Lebanon. This includes Personal Protective Equipment, surgical gowns, surgical gloves as well. Highlights India dispatched the aid through C-17 heavy lift aircrafts. It included wheat flour, pulses, sugar, blankets, sleeping mats, dignity kits, medical supplies, Read More…

COVAX Facility of WHO renews its invitation

The COVAX Facility of the World Health Organization recently renewed its invitation to countries to join its COVID-19 vaccine facility. The COVAX facility is a mechanism designed to guarantee fair, rapid and equitable access to COVID-19 vaccines. CAVAX is COVID-19 Vaccine Global Access facility. The facility is backed by Bill Gate Foundation. The foundation is Read More…