Nirmala Sitharaman, World Bank chief Banga discuss roadmap ahead on India`s G20 proposals
![](https://portfolio.investmentguruindia.com/uploads/news/Finance Minister.jpg)
Follow us Now on Telegram ! Get daily 10 - 12 important updates on Business, Finance and Investment. Join our Telegram Channel
https://t.me/InvestmentGuruIndiacom
Download Telegram App before Joining the Channel
World Bank Group President Ajay Banga told Finance Minister Nirmala Sitharaman at a meeting here on Wednesday that the multilateral financial institution has set up a task force team to study the recommendations made by the Independent Experts Group, prepared under India's G20 Presidency.
He said that the World Bank has identified eight unique global challenges to focus on in the next few years as they affect many countries and require attention.
Sitharaman expressed India's support for the move, according to a Finance Ministry statement.
Sitharaman also stressed that the Country Climate and Development Report exercise of the World Bank should take into account the country's priorities and circumstances.
She highlighted the need for the World Bank to explore the possibility of a coordinated approach in implementation of the projects with special emphasis on Finance Plus/Budget Plus elements in projects funded by the World Bank.
The Finance Minister stated that the World Bank should take the lead in advancing recommendations contained in the Volume-I Triple Agenda and the recommendations that MDBs (multilateral development banks) must be bigger, better and bolder as contained in the Volume-II, of the reports of the G20 Independent Experts Group, prepared under India's Presidency, and added that other MDBs look up to the World Bank for such reform initiatives.
![](https://portfolio.investmentguruindia.com/uploads/news/Arvind Kapil, MD and CEO, Poonawalla Fincorp.jpg)
![](https://portfolio.investmentguruindia.com/uploads/news/telangana22.jpg)
![](https://portfolio.investmentguruindia.com/uploads/news/Manoranjan Sharma, Infomerics Ratings.jpg)
![](https://portfolio.investmentguruindia.com/uploads/news/Manoranjan Sharma, Infomerics Ratings.jpg)
![](https://portfolio.investmentguruindia.com/uploads/news/india22.jpg)
![](https://portfolio.investmentguruindia.com/uploads/news/Manish Chowdhury.jpg)
![](https://portfolio.investmentguruindia.com/uploads/news/Suman Bannerjee.jpg)
![](https://portfolio.investmentguruindia.com/uploads/news/farm22.jpg)
![](https://portfolio.investmentguruindia.com/uploads/news/karnal22.jpg)
More News
![](https://portfolio.investmentguruindia.com/uploads/news/wpi14.jpg)
Wholesale Price Index inflation remains benign: Industry
![India supports World Bank`s vision to end extreme poverty, says FM Nirmala Sitharaman](https://portfolio.investmentguruindia.com/uploads/news/Niramala%20Sitharaman%201.jpg)
![India should not agree to take binding commitments on free cross-border data flows under IPEF: GTRI](https://portfolio.investmentguruindia.com/uploads/news/Data security.jpg)
![The Economy Observer: Inflation inches up but lower than expected; industrial output remains muted By Motilal Oswal Financial Services Ltd](https://portfolio.investmentguruindia.com/uploads/news/Price Inflation_12.jpg)