(b) The World Bank Group (WBG) has approved a $25-30 billion commitment plan for India for the 2019-22 period. The new Country Partnership Framework(CPF), endorsed by the WBG board of executivedirectors focuses on the development priorities of thecountry - resource efficient and inclusive growth, jobcreation and building its human capital. The WBGinstitution comprises of the International Bank forReconstruction and Development (IBRD),International Finance Corporation (IFC) and theMultilateral Investment Guarantee Agency (MIGA).