FIFA World Cup Winners List from 1930-2022, Complete List and Hosts

FIFA World Cup Winners List from 1930-2022: Introduction

FIFA World Cup Winners List from 1930-2022: The men’s FIFA World Cup, the most important event in international football, features the top national teams in action. Football is widely perceived as the most popular sport in the world, and the FIFA World Cup, which is held every four years, spectacularly draws massive crowds. After winning the most recent FIFA World Cup in 2018, France is the current world champion.

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The FIFA World Cup 2022, is currently taking place in Qatar from November 20 to December 18, will be the first winter World Cup ever. It was planned this way so that players could escape the scorching high temperatures in Qatar throughout the summer. The FIFA World Cup is also the first to be contested in the middle of the club football season.

FIFA World Cup History

  • FIFA (Federation Internationale de Football Association), the worldwide governing organization of football, was established in 1904 and organized the competition. The 1920 Olympics in Antwerp featured a football competition that was recognized as an intercontinental competition.
  • The first-ever FIFA World Cup was held in 1930 as a result of this. Because of their 100 years of independence celebration and Olympic gold medals from 1924 and 1928, Uruguay was the gracious host nation. The inaugural FIFA World Cup winners, Uruguay, went on to win the trophy at home after defeating Argentina 4-2 in the championship game.
  • Italy became the first country to successfully defend its championship by winning the following two FIFA World Cups in 1934 and 1938.
  • Uruguay won their second title in 1950 and West Germany won its first FIFA World Cup championship in 1954.
  • Brazil has won the FIFA World Cup five times, making them the most successful team. They are also the only nation to have qualified for each of the FIFA World Cup’s 21 iterations.
  • In 1966, England went on to claim their first and lone FIFA World Cup trophy. Geoff Hurst of England is the only player to score a hat-trick in a FIFA World Cup final as his three goals helped England defeat West Germany 4-2 on Sunday.
  • In 1970, Pele and Brazil won their third championship. Pele has won the most World Cups of any player, with three titles. In 2002, Brazil won its final World Cup trophy.
  • Argentina won its second championship in 1986 after first winning it in 1978, propelled by the talent of the late Diego Maradona.
  • Next, in 1998, a new champion of the FIFA World Cup emerged when Didier Deschamps’ France defeated Brazil in the championship game to claim their first home victory.
  • The only person to win the title both as a player and manager is Didier Deschamps, who managed the French squad that won the 2018 FIFA World Cup.
  • With 16 goals from 2002 to 2014, German striker Miroslav Klose holds the record for most goals scored in a FIFA World Cup.
  • Just Fontaine of France holds the record for the most goals scored in a single FIFA World Cup, scoring 13 in 1958.

FIFA World Cup Previous Winners List

FIFA organizes the Football World Cup all across the globe. The senior male national teams of FIFA’s members compete in it. Since the 1930 inauguration of the FIFA competition, it has taken place every four years. Because of the Second World War, It was avoided in 1942 and 1946. The 2018 FIFA World Cup final was held in Russia, where France defeated Croatia to win the championship. The FIFA World Cup will be held in Qatar in 2022. This page covers the champions and runners-up as well as all the FIFA World Cup hosts from 1991 to 2022.

FIFA World Rankings 2022

FIFA World Cup from 1930-2022

FIFA World Cup Winners List: FIFA was established as an outcome of the increase in international competitions immediately after the turn of the 20th century. Leaders of football in Europe felt that a governing body was necessary because of the growing rivalry, thus the seven founding members gathered in Paris under the leadership of French journalist Robert Guerin to discuss the game’s future. Guerin served as FIFA’s first president from 1904 to 1906. FIFA was presided over by Jules Rimet and seven other persons for 33 years, from 1921 to 1954.

List of FIFA World Cup Winners from 1930-2022

Argentina, the current holders of the FIFA World Cup, claimed victory in the 2022 tournament held in Qatar. The historic event marked the first time the World Cup was organized during the winter months to provide respite from the extreme summer temperatures in Qatar. Additionally, it was the inaugural instance of the tournament taking place amidst the ongoing club football season.

Year Winners                  Runners-up Host country
1930 Uruguay Argentina Uruguay
1934 Italy Czechia Italy
1938 Italy Hungary France
1950 Uruguay Brazil Brazil
1954 Germany Hungary Switzerland
1958 Brazil Sweden Sweden
1962 Brazil Czechia Chile
1966 England Germany England
1970 Brazil Italy Mexico
1974 Germany Netherlands West Germany
1978 Argentina Netherlands Argentina
1982 Italy Germany Spain
1986 Argentina Germany Mexico
1990 Germany Argentina Italy
1994 Brazil Italy United States
1998 France Brazil France
2002 Brazil Germany South Korea, Japan
2006 Italy France Germany
2010 Spain Netherlands South Africa
2014 Germany Argentina Brazil
2018 France Croatia Russia
2022 Argentina France Qatar

 

FIFA World Cup Winners List in Order

While the 2022 World Cup in Qatar, the first to be held in the Middle East, is currently in progress, let’s take a quick look back at the World Cup’s history.

FIFA’s website states that the first World Cup competition was held in Montevideo, Uruguay’s capital, in 1930, 92 years ago. The four teams in the first competition that allegedly played in an “unfinished stadium” were Argentina, Uruguay, the United States of America, and Yugoslavia.

Uruguay won the 1930 FIFA World Cup Men’s competition after defeating Argentina, taking first place on the list of tournament champions in the process. In its nearly 100-year history, just eight teams have won the FIFA World Cup. In its nearly one-hundred-year history, just eight teams have won the FIFA World Cup. Brazil has won five tournaments, followed by Italy with four and Germany with three. Here is a list of every FIFA World Cup winners from 1930 until 2022, listed in order.

FIFA World Cup 2022 Man of the Match Award List

FIFA World Cup 2022: FIFA World Cup All Winners List in order

  • 2022 – Argentina
  • 2018 – France
  • 2014 – Germany
  • 2010 – Spain
  • 2006 – Italy
  • 2002 – Brazil
  • 1998 – France
  • 1994 – Brazil
  • 1990 – Germany FR
  • 1986 – Argentina
  • 1982 – Italy
  • 1978 – Argentina
  • 1974 – Germany FR
  • 1970 – Brazil
  • 1966 – England
  • 1962 – Brazil
  • 1958 – Brazil
  • 1954 – Germany FR
  • 1950 – Uruguay
  • 1938 – Italy
  • 1934 – Italy
  • 1930 – Uruguay

The World Cup tournaments were reportedly cancelled in 1942 and 1946 due to World War II.

Deepika Padukone to Unveil FIFA World Cup Trophy

FIFA World Cup Winners

Argentina

What a great match! Undoubtedly, it was one of the best finals ever. But in the end Argentina defeated France by 4-2 in penalty shootout after the match drawn 3-3 in the normal time to win FIFA World Cup 2022 title. Kylian Mbappe from France was the top goal scorer in FIFA World Cup 2022, he scored 7 goals. France forward Kylian Mbappe became the first footballer to score a hat-trick in a FIFA World Cup final since the 1966 edition when England’s Geoff Hurst netted a hat-trick against West Germany. Mbappe scored in the 80th, 81st and 118th minutes to net a hat-trick against Argentina in the 2022 FIFA World Cup final.

Brazil

Brazil is the first nation to win the FIFA World Cup on four different continents, joining Spain, Germany, and Argentina as other nations to do so. Brazil has won five trophies, making it the most successful national team in FIFA World Cup history (1958, 1962, 1970, 1994, 2002). Brazil has been the only country’s team to have participated in every FIFA World Cup without missing any.

Italy

Italy defeated France 5-3 on penalties in the 2006 FIFA World Cup final in Berlin after the score remained tied at 1-1 following 90 minutes of ordinary play and 30 minutes of overtime. The 2006 FIFA World Cup was place in Germany. The infamous headbutt by Zinedine Zidane on Matteo Materazzi during the final, which led to the French star receiving the axe, will go down in history. Italy finished fourth overall.

Uruguay

Uruguay defeated Argentina 4-2, winning the first FIFA football world cup. This world cup’s host country was Uruguay. The majority of the matches were played in the Estadio Centenario in Montevideo, the capital city of Uruguay.

FIFA World Cup Winners List Women’s:

The International Olympic Committee oversees the men’s and women’s Olympic football tournaments, which are managed by FIFA. These tournaments are held every four years. The FIFA Confederations Cup, a competition involving the winners of each of its confederations, and the FIFA Club World Cup have also been hosted by FIFA. The FIFA Club World Cup was first held in Brazil at the beginning of 2000.

A number of the events that are held by FIFA include the FIFA World Cup, Women’s World Cup, Under-20 World Cup, Under-20 Women’s World Cup, Under-17 World Cup, Under-17 Women’s World Cup, FIFA Beach Soccer World Cup, and Futsal World Cup.

Below is the list of FIFA World Cup All winners- Women

Year Host Country Winners  Runners-up
1991 China United States Norway
1995 Sweden Norway Germany
1999 United States United States China
2003 United States Germany Sweden
2007 China Germany Brazil
2011 Germany Japan United States
2015 Canada United States Japan
2019 France United States Netherlands
2023 Australia and New Zealand To be held To be held

 

Cristiano Ronaldo Retirement and Biograph

FIFA World Cup Winner List: Most Time

Brazil is the only team to have competed in every FIFA World Cup competition and has won the FIFA World Cup the most times. The FIFA rankings have Brazil as the top-ranked nation. Surprisingly, with five titles already under its belt, Brazil has had the most success at the significant competition. Germany and Italy are the other defending World Cup champions, each having won four championships. Argentina, France, and Uruguay, who took first place, each have two championships, while England and Spain each have one. The top 10 FIFA World Cup champions, organised by year and competition.

  • Brazil – 5 Times Winner and 6 Times in the Final
  • Germany – 4 Times Winner and 8 Times in the Final
  • Italy – 4 Times Winner and 6 Times in the Final
  • Argentina – 2 Times Winner and 5 Times in the Final
  • Uruguay – 2 Times Winner and 2 Times in the Final
  • France – 1 Time Winner and 2 Times in the Final
  • Spain – 1 Time Winner and 1 Time in the Final
  • England – 1 Time Winner and1 Time in the Final
  • Netherlands – 0 Time Winner and 3 Time in the Final
  • Czechoslovakia – 0 Time Winner and  2 Time in the Final
  • Hungary – 0 Time Winner and 2 Time in the Final
  • Sweden – 0 Time Winner and 1 Time in the Final

FIFA World Cup Winners List- Country wise

The most successful football team till date is Brazil. Argentina has won the FIFA World Cup three times, Italy and Germany have won it four times, and Brazil has won it five times. From its establishment in 1930 until 2022, only eight teams have won the FIFA World Cup. The eight teams—Brazil, Italy, Germany, Uruguay, France, Argentina, England, and Spain—that made the FIFA World Cup winners list. Let’s look at the list of countries who won the World Cup from 1930 to 2022.

FIFA World Cup Winners List- Country-wise

Country Total no. of Winner Year of Winning
Brazil 5 1958, 1962, 1970, 1994, 2002
Italy 4 1934, 1938, 1982, 2006
Germany 4 1954, 1974, 1990, 2014
Uruguay 2 1920, 1950
France 2 1998, 2018
Argentina 3 1978, 1986, 2022
England 1 1966
Spain 1 2010

FIFA World Cup Winner 2022

FIFA World Cup Winner 2022: On Sunday, December 18, France and Argentina will face off in the FIFA World Cup 2022 championship match. The current World Champions France and Lionel Messi’s Argentina will face off in a grueling matchup as they contend for the tournament’s third championship. France triumphed in 1998 and 2018, while Argentina got the coveted award in 1978 and 1986.

2018 World Cup Winners and Prize Money

FIFA World Cup Winner 2022: France won the 2018 FIFA World Cup. At the Luznikhi Stadium in Moscow, France defeated Croatia 4-2 to win the competition after 20 years. France’s success in 2014 marked their second World Cup triumph after their triumph in 1998. Griezmann was chosen as the game’s MVP, but Croatia’s Luka Modri won the Golden Ball as FIFA’s finest player of the competition. The winners of the FIFA World Cup 2018 will get a staggering sum of USD 42 million.

FIFA World Cup Winners 2022 Prize Money

FIFA World Cup Winner 2022: The winners of the FIFA World Cup 2022 would receive a massive prize money of USD 42 million. The Runner Up will get $30 million. The $72 million in prize money, therefore, be cherished by the winners. While the fourth-place team will receive $25 million, the third-place club will receive $27 million, respectively.

FIFA World Cup Winners List: FAQs

Ques: Which team has won the FIFA World Cup 2022?

Ans. Argentina has won the FIFA World Cup 2022 by defeating France in the Penalty shootout by 4-2, after the match was drawn at 3-3 in the regular time and extra time.

Ques: Who won the FIFA World Cup 2022?

Ans. Argentina defeated France in the penalty shootout. The Match was drawn at 3-3 after the end of extra time (120 minutes). Argentina won the penalty shootout by 4-2.

Ques: Which nation has the most FIFA World Cup victories?

Ans: Brazil is the country with the most titles and the only one to have competed in every competition. Brazil won five FIFA World Cup titles.

Ques: When will the FIFA World Cup 2022 Final match take place?

Ans:  The FIFA World Cup 2022’s championship finals will be held on December 18, 2022 in the Lusail Iconic Stadium.

Ques: Which team won the 2018 FIFA World Cup?

Ans:   France defeated Croatia 4-2 to win the competition after 20 years at the Luznikhi Stadium in Moscow. France won the FIFA World Cup 2018.

Ques: Which country has the most FIFA World Cup?

Ans: Spain, England, Argentina, France, Germany, Italy, Brazil, and Uruguay have all taken home the FIFA World Cup title. By defeating Argentina 4-2 in the championship match, Uruguay won the inaugural World Cup in 1930. Most FIFA World Cup victories belong to the Brazilian men’s football team. Five times in total—in 1958, 1962, 1970, 1994, and 2002—Brazil has won the World Cup.

Ques: How many teams are in the World Cup 2022?

Ans: Total of 32 top national teams from five different federations will compete in the FIFA World Cup 2022 in Qatar from November 20 to December 18, competing for the title of world champions in football.

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List of Tiger Reserves in India 2023

Tiger Reserves in India 2023

Tiger Reserves in India 2023: The Guru Ghasidas National Park and the Tamor Pingla Wildlife Sanctuary are the newest Tiger Reserve of India in 2023. This is the 54th Tiger Reserve in India and is located in Chhattisgarh. Bandipur Tiger Reserve is the first Tiger Reserve in India. Tiger is the National Animal of India and also has a significant position in Indian culture.

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List of Tiger Reserves in India 2023

Project Tiger is run by the National Tiger Conservation Authority, and it is in charge of 54 Tiger Reserves in India. The below table is a brief List of Tiger Reserves in India.

Tiger Reserve in India States Total Area (sq km)
Bandipur Karnataka 914.02
Corbett Uttarakhand 1288.31
Amanagarh Buffer Uttar Pradesh 80.60
Kanha Madhya Pradesh 2,051.79
Manas Assam 2,837.10
Melghat Maharashtra 2,768.52
Palamu Jharkhand 1,129.93
Ranthambore Rajasthan 1,411.29
Simlipal Orissa 2,750.000
Sunderban West Bengal 2,585.89
Periyer Kerala 925.00
Sariska Rajasthan 1,213.3.4
Buxa West Bengal 757.90
Indravati Chhattisgarh 2,799.90
Namdapha Arunachal Pradesh 2,052.82
Nagarjunsagar Andhra Pradesh 3,296.31
Dudhwa Uttar Pradesh 2,201.77
Kalakad Mundanthurai Tamil Nadu 1,601.54
Valmiki Bihar 899.38
Pench Madhya Pradesh 1,179.63
Tadobha Andhari Maharashtra 1,727.59
Bandhavgarh Madhya Pradesh 988.00
Panna Madhya Pradesh 1,064.29
Dampa Mizoram 741.22
Bhadra Karnataka 1,198.45
Pench-MH Maharashtra 464.00
Pakke Arunachal Pradesh 2,133.31
Nameri Assam 1,173.58
Satpura Madhya Pradesh 914.02
Anamalai Tamil Nadu 1,479.87
Udanti Sitanadi Chhattisgarh 1,842.54
Satkoshia Odisha 963.87
Kaziranga Assam 1,173.58
Achanakmar Chhattisgarh 914.02
Kali Karnataka 1,097.51
Sanjay Dhubri Madhya Pradesh 1,674.50
Mudumalai Tamil Nadu 688.59
Nagarhole Karnataka 1,205.76
Parambikulam Kerala 643.66
Sahyadri Maharashtra 1,165.57
Biligiri Ranganatha Temple Karnataka 574.82
Kawal Telangana 2,015.44
Sathyamangalam Tamil Nadu 1,408.40
Mukundara Rajasthan 759.99
Nawegaon Nagzira Maharashtra 1,894.94
Amrabad Telangana 2,611.39
Pilibhit Uttar Pradesh 730.25
Bor Maharashtra 816.27
Rajaji Uttarakhand 1075.17
Orang Assam 492.46
Kamlang Arunachal Pradesh 783.00
Srivilliputhur Megamalai Tamil Nadu 1016.57
Ramgarh Vishdhari Tiger Reserve Rajasthan 1501.89
Guru Ghasidas Tiger Reserve Chhattisgarh 2024

Tiger Reserves in India Significance

India is home to over 70% of the world’s tigers and Tiger signifies strength and power in Indian culture. The government of India has initiated various programs related to the conservation of the Tiger population. The project tiger was launched in India in 1973 by the government under the power of Indira Gandhi from the Jim Corbett National Park in Uttarakhand.

Tiger Reserves in India Schemes

Tiger Reserves in India- Project Tiger:

Project Tiger was established to support the preservation of tigers in India on 1st April 1973. It is a fully federally funded program that gives money to the ‘tiger range states’ to support in-situ tiger conservation in the selected tiger reserves. The National Tiger Conservation Authority (NTCA) oversees Project Tiger.

Read More: Project Tiger: Everything You Need to Know

Tiger Reserves in India- Tiger Census:

The National Tiger Conservation Authority (NTCA) and the Wildlife Institute of India (WII), with assistance from several state forest agencies and conservation NGOs, have been leading the government of India’s four-year-old Tiger Census since 2006.

Tiger Reserves in India- M-S TrIPES:

In 2010, a software-based monitoring system called Monitoring System for Tigers-Intensive Protection and Ecological  Status was introduced throughout Indian Tiger Reserves. Its goal is to increase patrolling and oversight of the critically endangered Bengal Tiger.

Tiger Reserves in India- St. Petersburg Declaration on Tiger Conservation:

In 2010, during the Petersburg Tiger Summit, the leader of 13c nations that are home to tigers, including India, committed to taking all necessary steps to protect tigers worldwide and to double the population of tigers in the wide. TX2 was chosen as the initiative’s motto.

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PM Modi urges Sri Lanka President to implement 13th Amendment

During the Sri Lanka President’s visit to India, Indian PM expressed his hope to implement 13th Amendment to Sri Lanka Constitution which flows from the Indo-Sri Lanka Accord 1987.

Background

Sri Lanka was facing an increasingly violent strife from the early part of the 1980s. The conflict can be traced to its independence from Britain in 1948. At the time when the Sinhala majority government came into force, passed a legislation that was deemed discriminatory against the Tamil minority population. In the 1970s, two major Tamil parties united to form the Tamil United Liberation Front (TULF) that started agitation for separate state of Tamil within the system in the North and Eastern Sri Lanka that would grant greater autonomy to them. After the enactment of the sixth amendment of the Sri Lanka Constitution in August 1983 the TULF becomes ineffective and thus the ethnic divisions started flaring into a violent civil war.

13th Amendment to Sri Lanka Constitution

13th Amendment to Sri Lanka Constitution made after the signing of the Indo-Sri Lanka Accord between Prime Minister Rajiv Gandhi and President J R Jayewardene in 1987 in Colombo, Sri Lanka. The accord aiming at amending the constitution to transfer some powers such as agriculture, health etc. to the country’s nine provinces and find a constitutional solution to the civil war.

Other clauses of Indo-Sri Lanka Accord

  • Tamil and English being adopted as official languages along with Sinhala.
  • Lifting of emergency on the ‘Eastern and Northern Provinces’ by August 15, 1987.
  • Surrender of arms by military groups.
  • General amnesty to political and other provinces now held in custody under the emergency laws.
  • The Government of India will underwrite and guarantee the resolutions and cooperate in the implementation of these proposals.
  • Tamil groups in Sri Lanka have appealed to India multiple times to make sure the Accord is fully implemented.

Implementation of 13th Amendment

  • Provinces across Sri Lanka were given greater autonomy after the amendment.
  • The central government retains land and police powers, while the elected provincial councils can legislate on subjects like agriculture, housing, road transport, education, health etc.
  • The hardline nationalists raise alarms over the weakening of the Central Government’s authority.
  • The Sinhala nationalists oppose the 13th Amendment as they see it as imposed by India.
  • The regions for whom devolution was largely intended never really benefitted from it.
  • While the Sinhala provinces saw regular elections and the political parties here benefitted from the experience of grassroots politics, the North and Eastern regions stayed under the central government’s control for long.

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Renowned Marathi Writer Shirish Kanekar Passes Away

Shirish Kanekar, Veteran Marathi writer and columnist passed away in Mumbai, Maharashtra at the age of 80. He was born on June 6, 1943 in Pune, Maharashtra. He worked at Marathi and English language publications like Loksatta, Indian Express, Samana, and Free Press Journal. He was popular for his newspaper columns on Cinema, Cricket and Politics.Pune, Maharashtra.

His notable works include: Humorous articles like ‘Kanekari’, Fillambaji’, and ‘Shirishasan’; Bollywood movies such as “Nut Bolt Bolpat,” “Kanekari,” and “Cricket Vedh”; Books such as Irsalaki; Surparambya. His collection of stories titled ‘Lagaon Batti,’ was recognised and honoured with the Maharashtra Literary Parishad Award for Best Comedy- Joshi Award.

Shirish completed LLB from Mumbai University. After that, he worked as a journalist with English news publications like Indian Express, Daily, Free Press Journal, and Syndicated Press News Agency. He has written columns for newspapers like Loksatta, Maharashtra Times, Lokmat, Saamna, Pudaari, Weekly Manohar, and Weekly Lokprabha. His collection of stories, Lagav Batti was awarded the Maharashtra Sahitya Parishad. He also received the Joshi Award.

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India AI and Meta to foster advancements in AI & Emerging Technologies

India AI and Meta have forged a collaborative partnership with the shared objective of propelling the progress of AI & Emerging Technologies research and development. The partnership’s primary aim is to achieve groundbreaking advancements in AI technology and its practical applications.

As part of their joint efforts, the possibility of establishing a Center of Excellence to foster the growth of AI & other Emerging Technologies startups is also being explored.

A Collaborative Effort by India AI and Meta

  • This endeavor aims to promote social inclusion, enhance government service delivery, and drive innovation using advanced technologies like large language models, Generative AI, cognitive systems, and translation models.
  • To achieve their objectives, the collaboration will leverage Meta’s cutting-edge AI research models, including LlaMA(Large Language Model Meta AI), Massively Multilingual Speech, and No Language Left Behind(NLLB).
  • A primary focus of this partnership will be the development of datasets in diverse Indian Languages, with special attention given to supporting translation and building large language models for low-resource languages.
  • Moreover, ‘India AI’ and Meta will work towards improving access to AI compute resources for researchers, startups, and resource-constrained organizations. They will facilitate knowledge sharing and collaboration in the fields of AI & Emerging Technologies through workshops, seminars, conferences, and similar platforms.

Nurturing India’s AI Talent and Spreading Awareness about AI

  • Both organizations are committed to creating initiatives and programs that elevate the proficiency and knowledge of AI & Emerging Technologies for researchers, professionals, and students in India, thereby playing a crucial role in nurturing the country’s AI talent.
  • Moreover, ‘India AI’ and Meta share a mutual objective of spreading awareness about the potential advantages and risks associated with AI among diverse stakeholders, which encompass policymakers, businesses, civil society, and the general public. Together, they will collaborate on developing comprehensive tools and guidelines to promote responsible AI practices.

Pioneering Digital Adoption and Advancing AI Solutions

India leads the way in embracing digital advancements, with a clear focus on the significant role of AI and Emerging Technologies in extending technological benefits to a wider population. This collaboration with Meta will foster joint research and development efforts to address substantial challenges through the utilization of cutting-edge AI technologies and other open-source solutions.

Key takeaways for competitive examinations

  • CEO of India AI: Shri Abhishek Singh

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Bengaluru Becomes 1st Indian City to Join World Cities Culture Forum

Bengaluru, the capital of Karnataka became the first Indian city to be part of the World Cities Culture Forum (WCCF), a global network of cities that share research and intelligence to explore the role of culture in future prosperity. Bengaluru became the 41st city to join the forum and the network currently includes 40 cities across six continents. The forum includes cities like New York, London, Paris, Tokyo, and Dubai. 

Bengaluru’s way to WCCF:

  • The participative project called Unboxing Bangalore is established to create a new narrative around Bengaluru through multimedia properties and they have been representing the city and leading the discussions.
  • WCCF will work closely with Unboxing BLR Foundation, a not-for-profit initiative cofounded in April 2022 by Prashanth Prakash, Founding Partner of Accel India and Philanthropist, and journalist Malini Goyal.

About WCCF

  • It was founded in 2012 by Justine Simons, London’s Deputy Mayor for Culture & the Creative Industries. She was awarded an Order of the British Empire(OBE) in 2015 by Queen Elizabeth for her Services to Culture in London.
  • WCCF partners share the belief that culture is the key to their future as sustainable urban centres.
  • The WCCF undertakes comparative research to assess the impact and significance of culture and creativity and shares its findings with the Forum so that partner cities can make evidence-based policy decisions.
  • Forum partners collaborate through a series of events that includes themed symposia, regional summits, and workshops and These activities contribute to the yearly World Cities Culture Summit.

About Bengaluru cultural aspects

  • Bengaluru is commonly referred to as the ‘Silicon Valley of India’ because of its role as the nation’s leading information technology exporter.
  • Bengaluru is home to more than 30 government and private museums that showcase the city’s rich history, art and culture. India’s first interactive music museum opened in 2019.
  • As the “Garden City of India”, it has many green spaces including two nationally recognised botanical gardens, Lal Bagh and Cubbon Park that act as green lungs for the city.
  • The variety of festivals and cultural events takes place including The Bengaluru International Film Festival, The Bangalore Literature Festival, Bengaluru Design Festival and Future Fantastic Festival.

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India set to be third-largest economy by FY28: SBI Research

India will become the third largest economy by FY28, two years earlier than projected, said SBI Research economists in a note. SBI economists said India will likely grow 8.1% in the first quarter of FY24, pushing the overall growth rate to 6.5%. India recorded a 13.5% growth in the first quarter of FY23. The forecast aligns with RBI projections of 6.5% growth in FY24 but is more optimistic than the International Monetary Fund’s revised forecast of 6.1%. Earlier this week, the IMF revised its growth forecast upwards by 0.2 percentage points on the back of strong domestic investment.

Overview of the News

  • SBI economists said that India needs to log 11-11.5% nominal growth annually to achieve this goal, which is achievable with 6.5-7% growth. “We believe that in a world that is ravaged by uncertainties, 6.5-7% growth is the new normal,” they said.
  • The researchers said that the current estimates may undergo an upward revision with the right policy perspective and realignment in global geopolitics.
  • According to SBI projections, India will also cross the $5 trillion mark as it becomes the third-largest economy in the world.
  • In coming days, as macroeconomic prospects steadily improve, India will dynamically seek fuller expression of its full potential and a transformative change in its global position,” they noted.
  • Terming Uttar Pradesh as the land of the midnight sun, the SBI economists projected Uttar Pradesh and Maharashtra to cross the $500 billion mark each by FY28, accounting for nearly a fourth of India’s total GDP.

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India, ADB sign $295 million loan to upgrade state highways in Bihar

The Indian government and the Asian Development Bank (ADB) have joined hands once again to enhance infrastructure in Bihar. Through a $295-million loan, the project aims to upgrade approximately 265 km of state highways in Bihar, incorporating climate and disaster-resilient designs and road safety measures.

The initiative aligns with the Bihar government’s vision to improve all state highways to standard two-lane widths and prioritize road safety. Additionally, the upgraded roads are expected to boost connectivity in impoverished rural regions, improving access to essential services like health, education, and markets, ultimately enhancing the well-being of the people.

Enhancing Connectivity and Sustainability in Bihar Roads Project:

The project, aptly named “Enhancing Connectivity and Sustainability in Bihar Roads Project,” represents a significant milestone in bolstering the state’s infrastructure. The signing ceremony witnessed Vumlunmang Vualnam, additional secretary of the department of economic affairs, representing the Indian government, and Takeo Konishi, the ADB’s country director for India, sign the agreement, symbolizing their commitment to the endeavor.

Focus on Climate Resilience and Disaster Preparedness:

One of the project’s central objectives is to integrate climate-resilient and disaster-preparedness elements into the upgraded state highways. This will involve adopting innovative road design strategies that can withstand adverse weather conditions and natural calamities, safeguarding the roads’ longevity and functionality. Such a forward-looking approach will mitigate the risks posed by climate change and protect the significant infrastructure investment.

Empowering Bihar State Road Development Corporation Limited:

To ensure the project’s success, the Bihar State Road Development Corporation Limited will receive comprehensive support and reinforcement. Several key initiatives have been planned to strengthen the state road agency’s capabilities:

  1. Road Asset Management System with Climate and Disaster Risk Information: The development of a sophisticated road asset management system will enable real-time monitoring and data-driven decision-making. It will incorporate climate change and disaster risk information, aiding in prompt responses to potential hazards and improved road maintenance.
  2. Research Laboratories at Bihar Road Research Institute: Establishing research laboratories at the Bihar Road Research Institute will facilitate in-depth material investigations. These laboratories will focus on identifying reusable and sustainable materials that can counteract the adverse effects of climate change, fostering eco-friendly and resilient infrastructure practices.
  3. Congestion Management and Climate Adaptation Studies: Through comprehensive studies on congestion management and climate adaptation, the project aims to optimize road usage and address potential traffic bottlenecks effectively. The insights gained will contribute to streamlined transportation and enhanced overall road network efficiency.
  4. Gender-Inclusive Practices in Road Safety Measures: The project acknowledges the importance of gender inclusivity and aims to create guidelines for gender-sensitive road safety measures. Moreover, to encourage women’s participation, female workers will be provided with employment opportunities in construction works. Additionally, tailored training programs focusing on livelihood, road safety, health, hygiene, abuse, and harassment awareness will be offered to women from communities in the project areas.

ADB’s Commitment to Bihar’s Development:

The partnership between ADB and Bihar has been longstanding, with a history dating back to 2008. Over the years, ADB has provided Bihar with five loans amounting to a total of $1.63 billion. This financial support has resulted in the upgrading of approximately 1,696 km of state highways and the construction of a vital bridge over the Ganga, significantly enhancing connectivity and transportation in the region.

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RBI permits banks to open vostro accounts from 22 countries for trade in rupee

The RBI has taken a pivotal step by permitting 20 banks operating in India to open 92 Special Rupee Vostro Accounts (SRVAs) with partner banks from 22 countries. This allows exporters and importers from these nations to conduct trade transactions in domestic currencies, facilitating smoother and more efficient trade practices.

Strengthening Ties with Partner Nations:

The list of countries eligible for the Special Rupee Vostro Accounts includes Bangladesh, Belarus, Botswana, Fiji, Germany, Guyana, Israel, Kazakhstan, Kenya, Malaysia, Maldives, Mauritius, Myanmar, New Zealand, Oman, Russia, Seychelles, Singapore, Sri Lanka, Tanzania, Uganda, and the United Kingdom. This move is expected to foster stronger economic ties between India and these nations.

Bilateral Currency Arrangement with the Central Bank of UAE:

In a significant development, the RBI and the Central Bank of UAE have signed a Memorandum of Understanding (MoU) on July 15, 2023, enabling exporters and importers to invoice and pay in their respective domestic currencies. This arrangement is expected to facilitate the development of a bilateral foreign exchange market and strengthen trade relations between India and the UAE.

Framework for International Trade Settlement in INR:

The RBI introduced a framework in February of the current year to allow invoicing and payments for international trade in Indian Rupee. This move encourages global trade growth, with a specific emphasis on boosting Indian exports and catering to the growing interest in INR as a currency for international transactions. The framework applies to any partner country engaging in trade with India in INR.

Promoting INR in Export Settlements:

The Directorate General of Foreign Trade (DGFT) incorporated provisions in the Foreign Trade Policy to facilitate international trade settlements in INR, covering invoicing, payment, and export/import settlements. Export benefits and fulfillment of Export Obligation are now granted for export realizations in INR, in accordance with RBI guidelines.

Vostro Account: Key Points

  1. Definition: A Vostro account is a type of account held by a foreign bank in its domestic currency with a correspondent bank in another country.

  2. Purpose: It facilitates international trade and cross-border transactions by enabling foreign banks to hold funds and settle transactions in the local currency of the correspondent bank’s country.
  3. Correspondent Bank: The bank in the foreign country that holds the Vostro account on behalf of the foreign bank is referred to as the correspondent bank.
  4. Two-Way Communication: Vostro accounts involve a two-way communication process between the foreign bank and the correspondent bank for transparent and efficient cross-border transactions.
  5. Invoicing and Payments: Vostro accounts are often used for invoicing and payments in domestic currencies, reducing currency conversion costs and simplifying trade transactions.

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Cambodia’s Hun Sen to resign after four decades and appoint son as PM

Cambodia’s Prime Minister, Hun Sen recently announced his decision to step down and appoint his eldest son, Hun Manet, as the new prime minister. Despite leaving the prime ministerial position, Hun Sen will continue to hold leadership roles as the head of the ruling Cambodian People’s Party and as a member of the National Assembly.

Hun Manet, currently the deputy commander-in-chief of the armed forces, will assume the role of the new prime minister on August 22,2023.

Hun Sen’s Announcement at the CPP’s Electoral Victory

Hun Sen made his announcement following the resounding victory of the Cambodian People’s Party (CPP), which secured 120 out of 125 parliamentary seats in the general election.

In his announcement, Hun Sen expressed his intention to step down to create an opportunity for a younger generation of leaders to take the command. Hun Sen had been serving as the prime minister of Cambodia since 1985.

Hun Sen’s  Political Journey in Cambodia

Hun Sen received his education at a Buddhist monastery in Phnom Penh, the capital of Cambodia. During the late 1960s, he became a member of the Communist Party of Kampuchea, and in 1970, he joined the Khmer Rouge, a name  given to members of the Communist Party of Kampuchea. He later  took on the position of Minister of Foreign Affairs after installation of a new government by the Vietnamese in 1979.

Hun Sen’s Legacy in Cambodia

Hun Sen’s 38-year tenure in power is recognized for achieving peace and elevating Cambodia to a middle-income status, enhancing healthcare, education, and infrastructure. Throughout his rule, he has persistently strived to foster national reconciliation.

Furthermore, he has not faced any accusations of corruption within his ranks, despite claims made over the years by opposition politicians, rights groups, and environmental activists.

Key takeaways for competitive examinations

  • King of Cambodia: Norodom Sihamoni

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