US President Joe Biden will focus on "fundamentally reshaping and scaling up the multilateral development banks" during his upcoming visit this week to New Delhi for the G20 leaders' meeting, the White House said.
Biden's other priorities for the summit will include debt relief for countries, climate, health, digital technology, including commitments with respect to a more inclusive digital transformation and a responsible path and approach to Artificial intelligence development.
The US President's plans have not changed because of wife, First Lady Jill Biden, testing positive for Covid-19. He has tested negative but due to possible exposure to the virus he will be undertaking the usual precautions mandated by the Centers for Disease Control and Prevention (CDC), such as wearing masks in public places and around people.
Biden will leave for New Delhi on Thursday, National Security Adviser Jake Sullivan said on Tuesday at a news briefing to preview the visit.
Biden and Prime Minister Narendra Modi will hold a bilateral meeting on Friday and then the US President will attend G20 meetings on Saturday and Sunday.
This will be Biden's first visit to India as President. He went there last in 2013 as Vice-President.
"Delivering on an agenda fundamentally reshaping and scaling up the multilateral development bank's, especially the World Bank and the IMF (the International Monetary Fund)" will be one of the main focuses of the US President, Sullivan said.
He added: "We know that these institutions are some of the most effective tools that we have for mobilising transparent, high quality investment into developing countries. And that's why the US is championing the major effort that is currently underway to evolve these institutions so that they are up to the challenges of today and tomorrow."
Nominating Indian-American Ajay Banga to head the World Bank was a part of these efforts, the Biden administration has said before.
Pointing to expanded US funding of the World Bank by $25 billion, per a request to US Congress from the Biden administration, the US National Security Adviser said the US expects other partner countries to follow its lead.
"We've been leading this effort that we hope will see the G20 endorsed this level of ambition and deliver a broader vision of multilateral development banks that are better, bigger and more effective."
Russia's invasion of Ukraine will also be on the table.
"We know that there'll be continued focus on how the G20 deals with Russia's illegal and ongoing war in Ukraine. The reality is that Russia's illegal war has had devastating social and economic consequences. And the poorest countries on the planet are bearing the brunt of that. As he has done before, President Biden will call for a just and durable peace, one founded in respect for international law, principles of the UN Charter, the precepts of territorial integrity and sovereignty, and he will continue to emphasise that the US will support Ukraine for as long as it takes to redeem these principles."
FSSAI orders immediate ban on Venolex Forte, suspends Matri Drinking Water licence
The Food Safety and Standards Authority of India (FSSAI) on Monday intensified its enforcement drive against food safety violations by suspending the licence of Matri Drinking Water in Tripura and issuing a prohibition order against Noble Healthcare, Mohali, Punjab, over serious violations of food safety regulations.
Roof collapse at Dharmanagar Cooperative Bank, several customers injured
Panic gripped the local area of Dharmanagar in North Tripura district on Monday after a large portion of the ceiling of the Dharmanagar Cooperative Bank collapsed during banking hours, leaving several customers injured.
Two Bihar youths held with 349 bottles of cough syrup, 1 kg ganja in Ambassa
Ambassa Police have achieved a major success in the ongoing anti-drug drive in Tripura after recovering a large quantity of narcotic substances from a luxury vehicle during a routine naka checking operation.
State witnessed unprecedented development in last 8 years: Ratan
The Minister inaugurated the Betchhara Rural Market under the Kumarghat Agricultural Sub-Division. Built at a cost of Rs 2.20 crore. He also laid the foundation stone for the new office building of the Kumarghat Electrical Division, which will be constructed at a cost of Rs 5.97 crore.
Power bill row sparks road blockade, protest in Sonamura
Alleging severe harassment over electricity bills, a large number of consumers staged a protest outside the Electricity Department office in Sonamura on Monday, demanding an immediate resolution to long-pending billing disputes and alleged administrative negligence.
MLA Ranjit Debbarma flags education crisis, seeks CM's intervention
Tipra Motha MLA Ranjit Debbarma has written to Tripura Chief Minister Prof. Dr. Manik Saha, alleging a severe administrative crisis in the education sector in the Ramchandraghat Assembly constituency due to the prolonged vacancy of headmaster posts in nine government schools.
Cannabis plants, Seeds of Rs 70 Lakh destroyed in Sonamura
In a major anti-narcotics operation, a joint security team destroyed a large quantity of cannabis seedlings, seeds, and dried cannabis leaves in Tripura's Sepahijala district. Police estimated the value of the seized and destroyed narcotics at around Rs 70 lakh.
Rebati denies quitting politics, says he remains active in BJP
Former Tripura Lok Sabha MP Rebati Tripura has dismissed reports claiming that he has stepped away from politics, reaffirming that he remains an active leader of the Bharatiya Janata Party (BJP) and continues to serve on the party's core committee.