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**WORLD BANK IN NEWS 2024 :-

➢ The Multilateral Investment Guarantee Agency (MIGA), part of World Bank Group Guarantees and International Solar Alliance (ISA) to Establish Trust Fund to Support Solar Projects.

➢ World Bank has raised the growth forecast for the Indian economy in the current financial year (2024-25) to 7 per cent from its earlier projection of 6.6 per cent.

➢ World Bank report “India Development Update: India’s Trade Opportunities in a Changing Global Context” was released on 3 September 2024.

➢ World Bank's Business Ready (B-READY) index will replace the Doing Business index. The first BREADY report is scheduled to be launched on September 25, 2024. India's B-Ready report is expected to be published in April 2026.

➢ World Bank and the Ministry of Electronics & Information Technology (Meity) are working together to create a state-level Digital Public Infrastructure (DPI) adoption index.

➢ World Bank approves $1.5 billion loan for low carbon energy sector.

➢ Remittance to India in 2024 Likely to be $ 124 billion: The Migration and Development Brief is published by the World Bank twice a year, and the latest report was published.

➢ World Bank plans to provide a $1 billion line of credit to the State Bank of India (SBI) to support the expansion of Battery Energy Storage Systems (BESS) and electric mobility in the country.

➢ Rakesh Mohan, former Deputy Governor of the Reserve Bank of India (RBI), has been appointed as a member of the World Bank Group's Economic Advisory Panel, chaired by Lord Nicholas Stern and co-chaired by World Bank Group Chief Economist Indermit Gill.

➢ World Bank, in its bi-annual report “South Asia Development Update” released on 2 April 2024, has increased its growth rate forecast for the Indian economy for 2024-25 to 6.6 per cent.

➢ According to a recent World Bank report, the income gap between the poorest nations and developed countries is widening, with half of the world's most vulnerable countries experiencing a growing income disparity with wealthier economies.

➢ World Bank provides $300 million loan to Tamil Nadu to help 21 Urban Local Bodies.

➢ World Bank has set up a task force to study the recommendations made by the Independent Experts Group, formed under India’s G20 Presidency, for strengthening multilateral development banks (MDBs).

➢ Commodity Markets Outlook Report is published by the World Bank in April and October, every  Year.**

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Official Telegram Channel by Sarkari Result SarkariResult.Com
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Last updated 4 days, 19 hours ago

?Only Current Affairs English & Hindi Medium.
Contact @GKGSAdminBot
Channel Link- https://t.me/+wytqxfcVInNjN2E1

By Chandan Kr Sah
Email- [email protected]

Must Subscribe Us On YouTube - https://youtube.com/channel/UCuxj11YwYKYRJSgtfYJbKiw

Last updated 1 year, 7 months ago

? YouTube channel link :-
https://youtube.com/c/RojgarwithAnkit

? telegram channel - @rojgaarwithankit

? telegram channel - @RojgarwithankitRailway

? RWA helpline number - 9818489147

Last updated 1 year, 7 months ago