The World Bank has slashed its growth forecast for India for the current financial year to 7.5 percent, a hefty 1.2 percentage points down from its previous forecast of 8.7 percent.
Prime Minister Narendra Modi released the 'Scholarship for PMCARES Children' under the Ministry of Social Justice and Empowerment, as a central sector scheme.
Ex-registrar of MS University, N J Ojha has been appointed as ombudsman under Mahatma Gandhi National Rural Employment Guarantee Scheme (MGNREGA) for a 2-year term.
The World Bank's Board of Executive Directors approved a $245 million loan to support India's efforts to modernize rail freight and logistics infrastructure.