Current Affairs

India signs $200 million loan agreement with World Bank for POSHAN Abhiyaan

India on May 8, 2018 signed a loan agreement with the World Bank worth USD 200 million for the National Nutrition Mission (POSHAN Abhiyaan).

  • The loan will support Indian Government’s National Nutrition Mission that aims to reduce stunting in 0-6 years old children from 38.4 percent to 25 percent by the year 2022.
  • The PM’s Overarching Scheme for Holistic Nourishment (POSHAN) Abhiyaan, also known as National Nutrition Mission, was launched by the Prime Minister Narendra Modi on March 8, 2018 at Jhunjhunu, Rajasthan with a total budget of Rs9046.17 crore.
  • The NNM mission aims to reduce stunting, under-nutrition, anaemia among young children, women and adolescent girls and reduce low birth weight by at least 2 percent per annum.

Expected Questions

India has signed a loan agreement with World Bank for the National Nutrition Mission (POSHAN Abhiyaan). What is the loan amount?
USD 200 million

Where are the headquarters of the World Bank?
Washington DC

Who is the President of World Bank?
Jim Yong Kim

India signs $200 million loan agreement with World Bank for POSHAN Abhiyaan India signs $200 million loan agreement with World Bank for POSHAN Abhiyaan Reviewed by Aman Bhatia on May 09, 2018 Rating: 5

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