Indian-origin Ajay Banga becomes World Bank chief unopposed
Washington, May 3: Indian-American business leader Ajay Banga was on Wednesday appointed as the next President of the World Bank, which said it looks forward to working with him on the World Bank Group Evolution process.
"The Executive Directors of the World Bank today selected Ajay Banga as President of the World Bank for a five-year term beginning June 2, 2023," the bank said in a press statement.
In February, President Joe Biden announced that the US would be nominating Banga, 63, to lead the World Bank because he is "well equipped" to lead the global institution at "this critical moment in history."
"The Board looks forward to working with Mr. Banga on the World Bank Group Evolution process, as discussed at the April 2023 Spring Meetings, and on all the World Bank Group's ambitions and efforts aimed at tackling the toughest development challenges facing developing countries," the statement added.
The former Mastercard Inc. chief, Banga currently serves as Vice Chairman at General Atlantic.
Banga is the first-ever Indian-American and Sikh-American to head either of the two top international financial institutions: the International Monetary Fund and the World Bank.
Raised in India, Banga has a unique perspective on the opportunities and challenges facing developing countries and how the World Bank can deliver on its ambitious agenda to reduce poverty and expand prosperity, President Biden had said.
He has also worked closely with Vice President Harris as the Co-Chair of the Partnership for Central America.
He was awarded the Padma Shri in 2016.
Banga is expected to take over the reins of the anti-poverty lender at a crucial time, with the US and Western nations pitching for reforms to focus on addressing a slew of wide-ranging global issues like climate change.
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Plea on stray dogs mentioned in SC, CJI says he 'will look into it'
New Delhi (PTI): "I will look into it," Chief Justice of India B R Gavai assured on Wednesday when a plea relating to stray dogs was mentioned for urgent hearing in the Supreme Court.
The plea by the Conference for Human Rights (India) was mentioned before a bench of the chief justice and Justice K Vinod Chandran by a lawyer.
Another bench has already passed an order in relation to stray dogs, the CJI pointed out.
On August 11, a bench of Justices J B Pardiwala and R Mahadevan observed that instances of dog bites had given rise to an "extremely grim" situation and ordered the permanent relocation of all strays in Delhi-NCR "at the earliest".
On Wednesday, the lawyer referred to a May 2024 order passed by a bench led by Justice J K Maheshwari relegating petitions relating to the stray dog issue to respective high courts.
The CJI then assured that he will look into it.
The plea by Conference for Human Rights (India) claims the Animal Birth Control (Dog) Rules, 2001 mandating regular sterilisation and immunisation programmes for stray dogs to curtail their growing population are not being complied with.
In its August 11 ruling, the apex court also said dog shelters will have to be augmented over time and directed Delhi authorities to start with creating shelters of around 5,000 canines within six to eight weeks.
Besides, the bench warned of strict action against an individual or organisation in case of any kind of obstruction in the relocation drive that might also prompt the court to initiate contempt proceedings.
