Published 18:25 IST, October 26th 2019
PM Modi meets the President of World Bank David Malpass in New Delhi
Prime Minister Narendra Modi met David Malpass, President of World Bank on Saturday, October 26 in Delhi. Prime Minister's Office shared the picture on Twitter
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Prime Minister Narendra Modi met David Malpass, President of World Bank on Saturday, October 26 in Delhi. Before meeting Prime Minister, David Malpass led a delegation to a meeting with Finance Minister Nirmala Sitharaman at rth Block. Prime Minister's Office shared picture of PM Modi with David Malpass on Twitter.
First visit to India since assuming leership
President of World Bank reached New Delhi on Friday and is on a four-day visit to India from October 25 to October 28. It is his first trip to India since assuming leership in April this year. During his visit, Malpass will focus on understanding emerging priorities of Indian government in its new term as it strives to boost growth and meet aspirations of its people and on developing World Bank Group’s partnership with India.
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Nirmala Sitharaman congratulates Secretary Industry Rajiv Kumar
After India jumped 14 s and ranked 63rd in ease of ‘Doing Business’ report by World Bank, Nirmala Sitharaman dressed a press briefing on Thursday, October 24, and informed that cities of Kolkata and Bengaluru will also be included in report’s survey. Apart from this she also congratulated Secretary Industry Rajiv Kumar for his contribution in making India rank higher in report. ease of doing business report released by World Bank shows that India has massively improved in rankings from year 2014 when it was on 142nd position.
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India among top 10 performers on list for third time in a row
India jumped 14 places to 63rd position on World Bank's ease of doing business ranking released on Thursday, riding high on government's flagship 'Make in India' scheme and or reforms attracting foreign investment. country also figured among top 10 performers on list for third time in a row. rankings come at a time when Reserve Bank of India (RBI), World Bank, International Monetary Fund (IMF) and various rating ncies have slashed country's growth forecasts amid a slowdown in global ecomy.
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Last year, India jumped 23 places to 77th position
India was ranked 142nd among 190 nations when Prime Minister Narendra Modi took office in 2014. Four years of reform pushed up India's rank to 100th in World Bank's 'Doing Business' 2018 report. It was 130th in 2017 when it was ranked lower than Iran and Uganda. Last year, country jumped 23 places to 77th position on back of reforms related to insolvency, taxation and or areas.
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(With PTI inputs)
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17:41 IST, October 26th 2019