CURRENT AFFAIRS

Detailed explanation-1: -Government of India, World Bank sign loan agreement of 115 million US dollar for implementation REWARD Project.

Detailed explanation-2: -WASHINGTON, DC, September, 21, 2022-The World Bank’s Executive Board of Directors today approved a $350 million loan to the western Indian state of Gujarat to improve the quality and access of its public healthcare services, with special focus on adolescent girls and disease surveillance.

Detailed explanation-3: -India approached the International Bank for Reconstruction and Development (IBRD), popularly known as World Bank and the International Monetary Fund (IMF), and received $7 billion as loan to manage the crisis during 1991.

Detailed explanation-4: -World Bank Approves $250 million Program for Making India’s Roads Safer. The new World Bank project is helping select Indian states reduce the impact that road crashes have, especially on the poor, the economy and on human capital.