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Shimla, Nurpur to get ₹51-cr World Bank-aided road safety enforcement system
The World Bank WB has approved a grant of ₹51-crore to set up an integrated road safety enforcement system in Shimla and Nurpur police districts and develop the Palampur-Sheela chowk in Kangra as a “safe corridor”

Ludhiana MC invites residents to participate in logo competition
MC commissioner Shena Aggarwal, along with officials of World Bank and Asian Infrastructure Investment Bank, made the announcement on Wednesday

IEG on multilateral banks looking at ways to mobilise private capital: NK Singh
The independent expert group (IEG) is mandated to prepare a roadmap for an updated multilateral development banks (MDBs) ecosystem for the 21st century, covering all aspects of MDB evolution

Indian-origin Ajay Banga confirmed as next World Bank president | 5 points
Ajay Banga: Ajay Banga, 63, was nominated for the post by US President Joe Biden in late February.

Noted economist appointed as Nalanda Univ chancellor
Renowned economist Arvind Panagariya has been appointed as the chancellor of Nalanda University, succeeding Dr Vijay P Bhatkar. Panagariya is a professor at Columbia and an expert on the Indian economy. He was also the vice chairman of the Niti Ayog and chief economist at the Asian Development Bank.
