The measures include easing norms for FPI investment in the debt market, and increasing the External Commercial Borrowing (ECB) limit under the automatic route from USD750 million or its equivalent per financial year to USD 1.5 billion.
The Board of Executive Directors of the World Bank has approved the financing of USD 250 million to support the "India State Support Program for Road Safety", a project by the Indian government to improve road safety.
EXAMIANS