US Nominee For World Bank Prez Ajay Banga Tests Covid Positive; India Meetings Cancelled

New Delhi:  US nominee for World Bank president Ajay Banga has tested COVID-19 following which the meetings scheduled during his two-day visit to India have been cancelled. According to a Finance Ministry statement, Banga's meeting with Nirmala Sitharaman would not happen as he is in quarantine. "During routine testing, Ajay Banga tested positive for COVID-19 but remains asymptomatic.

In adherence with local guidelines, he is quarantining in isolation," the statement said. Besides meeting with the Union finance minister, Banga was scheduled to meet Prime Minister Narendra Modi, Minister of External Affairs S Jaishankar, and top officials during his two-day visit from March 23 to 24. (Also Read: Bank of Baroda Deducted Rs 236 From Your Account? Know Why BoB Debited Money From Your Saving Account)

Banga's New Delhi visit is the final stop on his three-week global tour that began in Africa before progressing to Europe, Latin America, and Asia to drum up support for his candidature for the World Bank's top position. (Also Read: Personal Loan: From SBI To HDFC, These Banks Offering Lowest Interest Rate -- Check Out Full List, And EMI Calculator Here)

In a statement on Wednesday, the US Treasury Department said, "While in India, Banga will meet with Prime Minister Narendra Modi as well as the Minister of Finance Nirmala Sitharaman and the Minister of External Affairs S Jaishankar.

"These discussions will focus on India's development priorities, the World Bank, and global economic development challenges," it said.

During his global listening tour, Banga met with senior government officials, stakeholders, business leaders, entrepreneurs, and civil society.

Along the way, he has built continuous momentum for his candidacy, gaining the support of advocates, academics, development experts, executives, Nobel Laureates, and former government officials.

If elected to serve, Banga will draw from his experience living and working in emerging markets and his expertise in forging public-private partnerships to mobilise investments and action to confront longstanding challenges.

That includes his efforts at Mastercard to successfully bring 500 million previously unbanked people into the digital economy, as well as its support for 50 million small businesses.