Narendra modi modi, Prime Minister of India

World Bank President David Malpass met Prime Minister Narendra Modi on Thursday.During the meeting, President Malpass commended India on maintaining solid growth during the global slowdown and encouraged further progress to improve the business-enabling environment and advance the energy transition.Malpass is in India to attend a meeting of G20 Finance Ministers and the governors of the central bank.Prime Minister Modi and Malpass discussed India in terms of "Amrit Kaal" and the goal to achieve and sustain 8 per cent growth as India approaches the 100th anniversary of its Independence in 2047.President Malpass noted the importance of increasing private sector investment and commercial credit growth as India builds competitiveness in global value chains.Malpass encouraged the expansion of capital markets and more pathways to de-listing of companies as steps to attracting large new inflows of foreign direct investment.Malpass and Prime Minister Modi also discussed the role and cost of various subsidies and the importance of targeted support for small farmers and vulnerable sectors.WB President Malpass welcomed the government's new budget and the recent stability of the rupee, which are both key steps to fast and sustainable growth. He expressed the World Bank Group's support for increased female labour force participation, expanded infrastructure, green finance, sustainable agriculture, and renewable energy.WB President and Prime Minister Modi also discussed agricultural policies that could increase efficiency and crop yields while better utilising scarce water and electricity resources, and the LiFE initiative for environmental awareness around the world.Looking ahead to the G20 summit hosted by the government of India, President Malpass, and Prime Minister Modi discussed India's priorities, action on debt for low-income countries and vulnerable middle-income countries, and the role and evolution of international finance institutions.( With inputs from ANI )Disclaimer: This post has been auto-published from an agency feed without any modifications to the text and has not been reviewed by an editor

Narendra Modi ModiFOLLOW

Narendra modi modi, Latest News

Prime Minister Narendra Modi will visit poll-bound Meghalaya on Friday and will take part in a roadshow in Shillong. ... ...

Shillong, Feb 24 Prime Minister Narendra Modi on Friday said that the northeast is a strong pillar of ... ...

Guwahati, Feb 24 Assam Chief Minister Himanta Biswa Sarma on Friday claimed that Congress leader Pawan Khera has ... ...

New Delhi, Feb 24 After India being Country of Honour at the Festival du Livre de Paris in ... ...

Telangana Governor Tamilisai Soundararajan on Thursday, on Wednesday, said in her "capacity as a doctor" that AIIMS in Madurai ... ...

Handspun and handwoven! A fabric which was profoundly associated with the country's freedom... The signature fabric of India - Khadi! ...

Senior BJP leader and Leader of Opposition Jairam Thakur on Thursday said that it is a matter of pride ... ...

World Bank President David Malpass met Prime Minister Narendra Modi on Thursday. During the meeting, President Malpass commended India ... ...