World Bank to sanction Rs 3,000 crore for food parks

The World Bank will provide Rs 3,000 crore assistance to finance mini and mega food parks across India. The announcement was made by Union Minister of State for Food Processing Industries during the 15th Indo-US Economic Summit. The 15th Indo-US Economic Summit was organized by the Indo-American Chamber of Commerce-North India Council (IACC-NIC) in New Delhi.

Static/Current Takeaways Important For IBPS RRB Clerk Mains:

  • President of World Bank: David Malpass; Headquarters: Washington DC, USA.
  • Union Minister of State for Food Processing Industries: Rameswar Teli.

Source: The News On AIR

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