Former Reserve Bank of India (RBI) Governor Urjit Patel has been appointed as Vice President of the multilateral funding institution Asian Infrastructure Investment Bank (AIIB) for three years.
An agreement was exchanged in which India is extending a $190-million line of credit to Mauritius for the Metro Express Project and other infrastructure projects.
Prime Minister Narendra Modi will lay the foundation stone of PGI Satellite Centre at Ferozepur, Punjab. The PGI Satellite Centre will be built at a cost of over Rs 490 crore.