{"id":2779,"date":"2024-06-13T23:57:12","date_gmt":"2024-06-13T23:57:12","guid":{"rendered":"https:\/\/exam.pscnotes.com\/current-affairs\/?p=2779"},"modified":"2024-06-13T23:57:12","modified_gmt":"2024-06-13T23:57:12","slug":"world-bank-approves-500-mn-program-to-help-boost-msme-sectorof-india","status":"publish","type":"post","link":"https:\/\/exam.pscnotes.com\/current-affairs\/world-bank-approves-500-mn-program-to-help-boost-msme-sectorof-india\/","title":{"rendered":"World Bank Approves $500 mn Program to Help Boost MSME Sector\nof India"},"content":{"rendered":"<p>Board of Executive Directors of  has accredited a USD five hundred million programs to support Indias nationwide initiative to revitalise the MSME sector, which has been heavily impacted by way of the COVID-19 crisis.<\/p>\n<p>The MSME area is the spine of Indias <a href=\"https:\/\/exam.pscnotes.com\/economy\">economy<\/a>, contributing 30% of Indias GDP and 4% of exports. The USD 500 million Raising and Accelerating Micro, Small and Medium Enterprise (MSME) Performance (RAMP) Program is the World Banks 2d intervention in this sector, the first being the USD 750 million MSME Emergency Response Program, authorised in July 2020 to tackle the instantaneous liquidity and deposit desires of hundreds of thousands of manageable MSMEs severely impacted by using the ongoing COVID-19 pandemic.<\/p>\n<p>The nation marked the 37th anniversary of Operation Blue Star.<\/p>\n<p> <strong><u>About Operation Blue Star:<\/u><\/strong><\/p>\n<p>It is the code name for an Indian military operation to remove the separatists who were hiding inside the Golden Temple in Amritsar on June 5, 1984.<\/p>\n<p>The operation was ordered by then-Prime Minister Indira Gandhi, with the primary goal of regaining control of the <div class=\"telegram-channel-container\">\r\n        <a href=\"https:\/\/t.me\/pscnotes2025\" target=\"_blank\" class=\"telegram-channel-button\">\r\n            <span class=\"telegram-icon\">\r\n                <svg xmlns=\"http:\/\/www.w3.org\/2000\/svg\" viewBox=\"0 0 496 512\">\r\n                    <path fill=\"white\" d=\"M248,8C111,8,0,119,0,256s111,248,248,248s248-111,248-248S385,8,248,8z M362,177L320,367c-3,14-10,18-20,14l-56-41l-27,26 c-3,3-5,5-10,5l4-63L323,196c5-5-1-7-8-3l-98,62l-42-13c-9-3-10-9,2-14l162-63C351,160,365,164,362,177z\"\/>\r\n                <\/svg>\r\n            <\/span>\r\n            Join Our Telegram Channel\r\n        <\/a>\r\n    <\/div> Harmandir Sahib Complex in Amritsar (popularly known <div class=\"youtube-subscribe-container\">\r\n        <a href=\"https:\/\/www.youtube.com\/channel\/UCNHT8lW-JmLC68rjBfZhdkg?sub_confirmation=1\" target=\"_blank\" class=\"youtube-subscribe-button\">\r\n            <span class=\"youtube-icon\">\r\n                <svg xmlns=\"http:\/\/www.w3.org\/2000\/svg\" viewBox=\"0 0 576 512\">\r\n                    <path d=\"M549.7 124.1c-6.3-23.7-24.8-42.3-48.3-48.6C458.8 64 288 64 288 64S117.2 64 74.6 75.5c-23.5 6.3-42 24.9-48.3 48.6-11.4 42.9-11.4 132.3-11.4 132.3s0 89.4 11.4 132.3c6.3 23.7 24.8 41.5 48.3 47.8C117.2 448 288 448 288 448s170.8 0 213.4-11.5c23.5-6.3 42-24.2 48.3-47.8 11.4-42.9 11.4-132.3 11.4-132.3s0-89.4-11.4-132.3zm-317.5 213.5V175.2l142.7 81.2-142.7 81.2z\"\/>\r\n                <\/svg>\r\n            <\/span>\r\n            Subscribe on YouTube\r\n        <\/a>\r\n    <\/div> as the Golden Temple).<\/p>\n<p>The Indian military entered the temple grounds to evict Sikh extremist religious leader Jarnail Singh Bhindranwale and his armed followers.<\/p>\n<p>The operation was divided into two parts: Operation <a href=\"https:\/\/exam.pscnotes.com\/metal\">Metal<\/a>, which involved an invasion of the temple complex, and Operation Shop, which was limited to the state&#8217;s countryside.<\/p>\n<p>This operation aided in the elimination of Khalistani terrorism.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Board of Executive Directors of has accredited a USD five hundred million programs to support Indias nationwide initiative to revitalise the MSME sector, which has been heavily impacted by way of the COVID-19 crisis. The MSME area is the spine of Indias economy, contributing 30% of Indias GDP and 4% of exports. The USD 500 &#8230; <a title=\"World Bank Approves $500 mn Program to Help Boost MSME Sector\nof India\" class=\"read-more\" href=\"https:\/\/exam.pscnotes.com\/current-affairs\/world-bank-approves-500-mn-program-to-help-boost-msme-sectorof-india\/\">Read more <span class=\"screen-reader-text\">World Bank Approves $500 mn Program to Help Boost MSME Sector<br \/>\nof India<\/span><\/a><\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[595],"tags":[717],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v22.2 (Yoast SEO v23.3) - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>World Bank Approves $500 mn Program to Help Boost MSME Sector of India - Current Affairs Exam<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/exam.pscnotes.com\/current-affairs\/2024\/06\/13\/world-bank-approves-500-mn-program-to-help-boost-msme-sectorof-india\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"World Bank Approves $500 mn Program to Help Boost MSME Sector of India\" \/>\n<meta property=\"og:description\" content=\"Board of Executive Directors of has accredited a USD five hundred million programs to support Indias nationwide initiative to revitalise the MSME sector, which has been heavily impacted by way of the COVID-19 crisis. The MSME area is the spine of Indias economy, contributing 30% of Indias GDP and 4% of exports. The USD 500 ... 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The MSME area is the spine of Indias economy, contributing 30% of Indias GDP and 4% of exports. The USD 500 ... Read more World Bank Approves $500 mn Program to Help Boost MSME Sector of India","og_url":"https:\/\/exam.pscnotes.com\/current-affairs\/2024\/06\/13\/world-bank-approves-500-mn-program-to-help-boost-msme-sectorof-india\/","og_site_name":"Current Affairs Exam","article_published_time":"2024-06-13T23:57:12+00:00","author":"rawan239","twitter_card":"summary_large_image","twitter_misc":{"Written by":"rawan239","Est. reading time":"1 minute"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"WebPage","@id":"https:\/\/exam.pscnotes.com\/current-affairs\/2024\/06\/13\/world-bank-approves-500-mn-program-to-help-boost-msme-sectorof-india\/","url":"https:\/\/exam.pscnotes.com\/current-affairs\/2024\/06\/13\/world-bank-approves-500-mn-program-to-help-boost-msme-sectorof-india\/","name":"World Bank Approves $500 mn Program to Help Boost MSME Sector of India - Current Affairs Exam","isPartOf":{"@id":"https:\/\/exam.pscnotes.com\/current-affairs\/#website"},"datePublished":"2024-06-13T23:57:12+00:00","dateModified":"2024-06-13T23:57:12+00:00","author":{"@id":"https:\/\/exam.pscnotes.com\/current-affairs\/#\/schema\/person\/5807dafeb27d2ec82344d6cbd6c3d209"},"breadcrumb":{"@id":"https:\/\/exam.pscnotes.com\/current-affairs\/2024\/06\/13\/world-bank-approves-500-mn-program-to-help-boost-msme-sectorof-india\/#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/exam.pscnotes.com\/current-affairs\/2024\/06\/13\/world-bank-approves-500-mn-program-to-help-boost-msme-sectorof-india\/"]}]},{"@type":"BreadcrumbList","@id":"https:\/\/exam.pscnotes.com\/current-affairs\/2024\/06\/13\/world-bank-approves-500-mn-program-to-help-boost-msme-sectorof-india\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/exam.pscnotes.com\/current-affairs\/"},{"@type":"ListItem","position":2,"name":"World Bank Approves $500 mn Program to Help Boost MSME Sector of India"}]},{"@type":"WebSite","@id":"https:\/\/exam.pscnotes.com\/current-affairs\/#website","url":"https:\/\/exam.pscnotes.com\/current-affairs\/","name":"Current Affairs Exam","description":"","potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/exam.pscnotes.com\/current-affairs\/?s={search_term_string}"},"query-input":"required name=search_term_string"}],"inLanguage":"en-US"},{"@type":"Person","@id":"https:\/\/exam.pscnotes.com\/current-affairs\/#\/schema\/person\/5807dafeb27d2ec82344d6cbd6c3d209","name":"rawan239","image":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/exam.pscnotes.com\/current-affairs\/#\/schema\/person\/image\/","url":"https:\/\/secure.gravatar.com\/avatar\/d97f17072bfa490596c8f78363955d55?s=96&d=mm&r=g","contentUrl":"https:\/\/secure.gravatar.com\/avatar\/d97f17072bfa490596c8f78363955d55?s=96&d=mm&r=g","caption":"rawan239"},"sameAs":["https:\/\/exam.pscnotes.com"],"url":"https:\/\/exam.pscnotes.com\/current-affairs\/author\/rawan239\/"}]}},"amp_enabled":true,"_links":{"self":[{"href":"https:\/\/exam.pscnotes.com\/current-affairs\/wp-json\/wp\/v2\/posts\/2779"}],"collection":[{"href":"https:\/\/exam.pscnotes.com\/current-affairs\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/exam.pscnotes.com\/current-affairs\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/exam.pscnotes.com\/current-affairs\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/exam.pscnotes.com\/current-affairs\/wp-json\/wp\/v2\/comments?post=2779"}],"version-history":[{"count":0,"href":"https:\/\/exam.pscnotes.com\/current-affairs\/wp-json\/wp\/v2\/posts\/2779\/revisions"}],"wp:attachment":[{"href":"https:\/\/exam.pscnotes.com\/current-affairs\/wp-json\/wp\/v2\/media?parent=2779"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/exam.pscnotes.com\/current-affairs\/wp-json\/wp\/v2\/categories?post=2779"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/exam.pscnotes.com\/current-affairs\/wp-json\/wp\/v2\/tags?post=2779"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}