US nominated Banga for the post in February. 63-year-old Banga served as Mastercard s CEO. He was conferred with India s fourth highest civilian honour Padma Shri in 2016
In a major achievement for the country, India has risen 16 places in 8 years in World Bank’s logistical performance Index. In 2014, India was ranked 54th while in 2022 the ranking jumped to 28th. Union Minister for Commerce and Industry Piyush Goyal while sharing the data tweeted: “ Spectacular Rise in Logistics Performance” The…