Finance Minister Nirmala Sitharaman and President World Bank Group David Malpass met through virtual mode today. Ms Sitharaman and Mr Malpass discussed various issues including Covid Vaccination, economic recovery, World Bank Group lending envelope for India and India’s strategy of green resilient and inclusive development.
The Finance Minister shared the measures being taken by India to contain the spread of second wave of pandemic including the five pillared strategy of test, track, treat, vaccination and covid appropriate behaviour. She also shared measures taken by Government of India including distribution of LED bulbs, ethanol blending programme under National Bio Fuel Policy, voluntary vehicle scrapping policy, incentivisation of Electric Vehicles to achieve green, resilient and inclusive development. Ms Sitharaman welcomed the initiative of World Bank Group for increasing lending space for India to enhance availability of finance for development.