World Bank Approves Country Partnership Framework for India

World Bank Board has endorsed an ambitious five-year Country Partnership Framework (CPF) for India, which aligns with New Delhi’s objectives of high, sustainable and inclusive growth. The framework is expected to bring between 25 and 30 billion US Dollars in financial support to India.

The move is aimed at supporting India’s transition to a higher middle-income country by addressing some of its key development priorities such as resource efficient and inclusive growth, job creation and building its human capital. 

Source-News on AIR

Static/Current Takeaways Important for RRB PO Mains Exam 2018- 
  • The President of the World Bank is Jim Yong Kim.
  • The World Bank Headquarters in Washington, D.C., United States.