As a means of cleaning up bank books, Bad Bank was established for stressed assets. The establishment of a bad bank was announced in the Union Budget. It is known as the National Asset Reconstruction Company Limited (NARCL).
On World Environment Day, the E-100 Pilot Project was launched in Pune (5 June). The project's goal is to build a nationwide network for ethanol production and distribution.
The International Cricket Council (ICC) inducted Mongolia, Tajikistan, and Switzerland as members at its 78th Annual General Meeting. Mongolia and Tajikistan as the 22nd and 23rd members of the Asia region.
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