The Kuril Islands dispute between Japan and Russia is over the sovereignty of the South Kuril Islands. These islands are claimed by Japan but occupied by Russia as the successor state of the Soviet Union.
The Union Cabinet has approved USD 808 million (INR 6,062.45 crore) for a new scheme 'Raising and Accelerating MSME Performance' (RAMP). The new scheme assisted by the World Bank is expected to commence in the financial year of 2022-23.