india-world bank
Multidisciplinary Education and Research Improvement in Technical Education Project
The World Bank has recently given its approval for a substantial loan of USD 255.5 million to India, aiming to improve the quality of technical education in the country. This ambitious project is set to make a significant impact by ..
Month: Current Affairs - June, 2023
Category: India Nation & States Current Affairs
World Bank Loan for Odisha State Capability and Resilient Growth Program
Odisha, a state located on the east coast of India, is particularly vulnerable to natural disasters, with cyclones hitting the state every 15 months on average and a coastline of 480 km exposed to tsunami risk. In response to these ..
Month: Current Affairs – April, 2023
Category: India Nation & States Current Affairs
Green National Highway Corridors Project and the World Bank Loan: Important Facts
India and the World Bank have recently signed a loan agreement to construct 781 kilometers of green highways across four states in India. The project aims to build the Green National Highway Corridors Project in 4 Indian states. The loan ..
Month: Current Affairs - March, 2023
Category: India Nation & States Current Affairs
KRITAGYA 3.0
KRITAGYA 3.0 was launched by ICAR to promote “speed breeding” for crop improvement. Key facts The Indian Council of Agricultural Research along with its National Agricultural Higher Education Project (NAHEP) and Crop Science Division is organizing a hackathon KRITAGYA 3.0 ..
Month: Current affairs - September, 2022
Category: Agriculture Current Affairs • Economy & Banking Current Affairs
WB’s USD 245-million loan for Railway Logistics Project
The World Bank (WB) has approved a USD 245 million loan to extend support for Railway Logistics Project. Highlights World Bank loan will support India’s efforts of modernising rail freight and logistics infrastructure. As per statement, capacity constraints of Indian ..
Month: Current Affairs - June, 2022
Category: Economy & Banking Current Affairs • International / World Current Affairs
World Bank: India’s FY23 GDP forecast
On June 7, 2021, the World Bank reduced its real gross domestic product (GDP) growth forecast for year 2022-23 for India from 8 per cent to 7.5 per cent in the “Global Economic Prospects Report”. Key Findings of the report This forecast was ..
Month: Current Affairs - June, 2022
Category: Reports & Indexes Current Affairs
Raising and Accelerating MSME Performance (RAMP) Programme
During the Union Budget 2022-23 presentation, the finance minister Smt Nirmala Sitaraman announced that RAMP programme is to be rolled out at an estimated cost of Rs 6,000 crores. The programme is to be implemented for 5 years. About the ..
Month: Current Affairs - February, 2022
Category: Economy & Banking Current Affairs • Government Schemes Current Affairs
India-World Bank sign MoU to strengthen health systems in Meghalaya
Indian government and the World Bank have signed MoU for a $40 million project for improving the quality of health services in Meghalaya. Key Points This MoU will strengthen the capacity of state to handle future health emergencies like covid-19 ..