Current Affairs 5 February 2026

In short

  • World Bank Pledges $8-10 Billion Annual Financing to India for Next Five Years
  • State Bank of India Launches CHAKRA for ₹100 Trillion Investment in Sunrise Sectors

…and 6 more stories on GENERAL.

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World Bank Pledges $8-10 Billion Annual Financing to India for Next Five Years

The World Bank Group announced a new Country Partnership Framework (CPF) with India to support Viksit Bharat goals. The CPF targets five job-generating sectors: infrastructure & energy, agribusiness, healthcare, tourism, and value-added manufacturing. Implementation starts immediately with projects like an $830 million loan for Pradhan Mantri Skilling and Employability Transformation to upgrade ITIs and skill over one million youth, especially women. A $490 million Maharashtra project enhances climate-resilient agriculture via digital and precision farming. The Kerala Health Systems Improvement Program receives $280 million for digital health systems. Credila Financial Services gets $750 million for higher education financing for up to 190,000 students.

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Which sector is NOT targeted by the World Bank CPF with India?

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State Bank of India Launches CHAKRA for ₹100 Trillion Investment in Sunrise Sectors

State Bank of India unveiled CHAKRA, a Centre of Excellence, to mobilize ₹100 trillion investment over five years in sunrise sectors. CHAKRA focuses on renewable energy, EVs, green hydrogen, advanced cell chemistry, battery storage, semiconductors, decarbonisation, data centres, and smart infrastructure. The initiative supports India's economic transformation and sustainable growth. It aims to finance sectors vital for Atmanirbhar Bharat.

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What is the investment target of SBI's CHAKRA over five years?

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