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regular-article-logo Thursday, 25 April 2024

Ajay Banga in India as he bids World Bank entry

Banga’s New Delhi visit is the final stop on his three week global tour that began in Africa before progressing to Europe, Latin America and Asia

Our Special Correspondent New Delhi Published 24.03.23, 06:09 AM
Ajay Banga

Ajay Banga File Photo

The US nominee for World Bank president, Ajay Banga, will meet Prime Minister Narendra Modi and finance minister Niramala Sitharaman, among others, during his two-day visit to India.

Banga’s New Delhi visit is the final stop on his three week global tour that began in Africa before progressing to Europe, Latin America and Asia. “While in India, Banga will meet with Prime Minister Narendra Modi as well as the minister of finance Nirmala Sitharaman and the minister of external affairs S. Jaishankar. These discussions will focus on India’s development priorities, the World Bank, and global economic development challenges,” the US treasury department said in a statement.

Additionally, it said, Banga will visit the Learnet Institute of Skills, which is a network of vocational institutes established in collaboration with the National Skills Development Corporation, funded in part by the World Bank. Banga will learn about the institute’s programme and meet with programme participants, staff, alumni, and private sector partners to discuss how it is improving the lives and economic opportunities of participants — particularly young people, it said. India’s government endorsed Banga’s candidacy soon after his nomination was announced, it said, adding, since then, a diverse coalition of governments have expressed their support for Banga, including Bangladesh, Colombia, Egypt, France, Germany, Ghana, Italy, Japan, Kenya, Saudi Arabia, the Republic of Korea, and the UK.

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