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    <title>First Annual Meeting of the Board of Governors of BRICS New Development Bank held yesterday at Shanghai; Second Annual meeting of New Development Bank to be held in India in 2017 and India will Chair the Board of Governors of NDB next year; India to follow the approach of ‘Reform to Transform’ through far reaching Structural Reforms and has taken several initiatives to boost investment climate and improve the Ease of Doing Business</title>
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    <description>The First Annual Meeting of the New Development Bank affirmed operational policies, project approvals and a Green Bonds issuance, designated India as Board Chair with the next Annual Meeting in India, and urged the Bank to prioritise financing demonstrable sustainable infrastructure projects-notably energy, transport and urban sectors-using innovative instruments and rapid, flexible responses. The statement links the Bank&#039;s catalytic role to supporting resilient, inclusive growth amid global economic headwinds and highlights India&#039;s complementary structural reforms, including a National Infrastructure Investment Fund and an Insolvency and Bankruptcy Code.</description>
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    <pubDate>Thu, 21 Jul 2016 13:14:00 +0530</pubDate>
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      <description>The First Annual Meeting of the New Development Bank affirmed operational policies, project approvals and a Green Bonds issuance, designated India as Board Chair with the next Annual Meeting in India, and urged the Bank to prioritise financing demonstrable sustainable infrastructure projects-notably energy, transport and urban sectors-using innovative instruments and rapid, flexible responses. The statement links the Bank&#039;s catalytic role to supporting resilient, inclusive growth amid global economic headwinds and highlights India&#039;s complementary structural reforms, including a National Infrastructure Investment Fund and an Insolvency and Bankruptcy Code.</description>
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