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World Bank President and Nirmala Sitharaman talks about COVID-19 and the Russia-Ukraine conflict

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Union Finance Minister Nirmala Sitharaman met with World Bank President David Malpass in Washington on Friday (local time) to discuss several important economic challenges, including India’s long-term recovery from the COVID-19 pandemic and the impact of the Russia-Ukraine conflict. They also talked about India’s future G20 presidency and the World Bank’s leadership in the country.

“The two discussed India’s sustained recovery from COVID-19, the impact of the Russia-Ukraine war, the Single Borrower Limit and the potential of Guarantees from other G-7 states, India’s G20 Presidency, and WorldBank leadership in India,” the Finance Ministry said.

Finance Minister Nirmala Sitharaman said during the meeting that India’s COVID pandemic response has prioritised saving lives and livelihoods. According to the Finance Minister, India has effectively managed the world’s second-largest immunisation programme, with more than 1.85 billion vaccine doses administered.

‘Multilateralism has become increasingly important.’

In response to global uncertainty, the Union Finance Minister stated that multilateralism has grown more important as the globe enters a period of unprecedented uncertainty. India remains concerned about the dangers to global recovery due to rising uncertainty among increased geopolitical tensions, the finance minister said, referring to the continuing global crisis, especially the Russia-Ukraine conflict.

FM Sitharaman emphasised India’s infrastructure development strategy, according to the Finance Ministry. “India’s strategy for infrastructure development was underlined by Finance Minister Smt. Nirmala Sitharaman and we look forward to the World Bank’s sustained support for funding #investments for the National Infrastructure Pipeline NIP and PM GatiShakti programme,” the ministry stated.

FM spoke with executives from FedEx, Mastercard, and other companies.

Finance Minister Nirmala Sitharaman met CEOs of significant American corporations like FedEx and Mastercard on Thursday (local time) during her official visit to the United States and discussed many investment opportunities in India, which is on track to become the world’s fastest-growing global economy.

FedEx President and CEO-elect Raj Subramanian remarked during his meeting with the Finance Minister that he is excited about India and has substantial expansion ambitions, notably in skilling. Subramanian indicated an interest in establishing research and development centres in India and lauded the government’s commitment to integrated growth through the PM Gati Shakti Master Plan. Prime Minister Narendra Modi, for example, declared last year that a Rs 100 lakh crore national master plan for multi-modal connectivity would be launched, to create infrastructure to reduce logistic costs and enhance the economy.

Miebach Michael, the CEO of Mastercard, was also introduced to FM. She briefed him on India’s commitment to Digital Financial Inclusion, with a focus on women and small businesses, through the development of world-class domestic technological solutions. The Finance Ministry tweeted, “FM Smt. @nsitharaman asked Mr @MiebachMichael @Mastercard how lessons from India’s #FinancialInclusion initiative might be applied to generate solutions for the world.”

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Navi Mumbai Cancels Invitations to Newly Elected Corporators for Republic Day Ceremonies

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School principals to hoist the national flag following administrative delays.

The Flag Hoisting

The Navi Mumbai Municipal Corporation (NMMC) has cancelled invitations extended to newly elected corporators for Republic Day flag-hoisting ceremonies in civic schools this year, citing administrative and procedural delays.

Although the municipal elections have concluded, the first general body meeting of the newly elected corporators is yet to take place. In view of this, the NMMC education department has issued revised instructions for the January 26 celebrations across all municipal schools. As per the new directive, school principals will themselves conduct the flag-hoisting ceremonies, and corporators will not be invited to preside over the events.

Officials clarified that any earlier circulars or communications instructing schools to invite corporators should be treated as cancelled. In cases where invitation letters have already been sent, school principals have been directed to inform the concerned corporators about the revised decision and explain the administrative reasons behind the change.

The move has been described as a temporary arrangement until formal procedures related to the newly elected body are completed. The education department has emphasized that the decision is purely administrative and not political in nature.

Despite the change, the NMMC has instructed all schools to ensure that Republic Day celebrations are conducted with full enthusiasm, discipline and respect for national values. Principals have been asked to strictly adhere to the guidelines and ensure smooth conduct of the programme.

The decision has drawn attention as it comes soon after the municipal elections, highlighting the impact of procedural delays on official civic events.

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1111-Feet Tricolor Yatra Fills Navi Mumbai with Patriotic Zeal

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ABVP initiative sees thousands of students participate spontaneously ahead of Republic Day.

The Initiative

Patriotic fervour gripped Navi Mumbai as the Akhil Bharatiya Vidyarthi Parishad (ABVP) organised a massive 1,111-feet-long Tricolor Yatra, witnessing spontaneous participation from thousands of students and citizens on the eve of Republic Day.

The yatra was held as part of Youth Week celebrations and to mark the birth anniversary of Netaji Subhas Chandra Bose, with the objective of inspiring nationalism, unity and social responsibility among the youth. Students marched proudly while holding the enormous national flag, raising slogans such as “Bharat Mata Ki Jai,” “Vande Mataram” and “Jai Hind,” creating an atmosphere charged with patriotic emotion.

The rally began at Blue Diamond Chowk, Vashi, and culminated at Rajiv Gandhi College of Arts, Commerce and Science, Sector 10A, where a short programme was organised. Speakers highlighted the role of students in nation-building and appealed to the youth to actively contribute to society beyond academics.

Prominent attendees included ABVP state minister Rahul Rajoria, sports coordinator Arpita Malik, and college principal Dr Basukinath Pandey, who praised the enthusiasm and discipline shown by the participants. They urged students to uphold constitutional values and remain socially responsible citizens.

The event’s smooth execution was attributed to the efforts of Dr Akshay Shet and more than 100 volunteers. Participants and local residents said the Tricolor Yatra strengthened the sense of unity and national pride, making it a memorable and inspiring pre-Republic Day event for Navi Mumbai.

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Garbage Piles Become Major Issue Ahead of Uran Elections

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With the Uran civic elections approaching, local residents and political observers are raising serious concerns about the persistent garbage problem across the area. Overflowing waste on main roads and traffic lanes has emerged as a key issue in the election campaign, with voters expressing frustration over poor civic management.

Several key thoroughfares in Uran, especially around busy intersections and residential localities, have been seen strewn with garbage that has not been collected for days. Piles of waste are causing traffic disruptions, foul odour and unhygienic conditions, prompting complaints from commuters, shopkeepers and local residents.

Civic activists and opposition leaders have criticised the local administration for its failure to ensure regular garbage collection and proper waste disposal. They say that poor sanitation has not only affected the appearance of the town but also posed health risks, especially during peak summer months.

Residents pointed out that despite repeated assurances from officials, garbage is frequently left uncollected in several areas, leading to water logging and breeding of insects. Many voters have highlighted this issue as a priority concern affecting their daily lives and have demanded immediate action from authorities.

Political parties contesting the Uran elections have responded by promising stricter monitoring of waste collection, improvement in street cleaning, and deployment of more resources for solid waste management.

As election day approaches, garbage disposal and civic cleanliness have become central themes in public discussions, reflecting growing citizen demand for improved basic services and accountable governance.

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