Tag Archives: World Bank

Mr. Saroj Kumar Jha- the World Bank’s Regional Director for Central Asia (based in Almaty since February, 2012) has been assigned to a major position in the World Bank. He has been appointed by President Jim Young Kim to play the role to provide strategic leadership to deal with issues ...

The World Bank in its report published on Wednesday projected that the world’s largest democracy would remain the fastest growing large economy in the world for the year 2016. In the report named Global Economic Prospects, the global bank showed that Indian economy to grow at a good rate of ...

The World Bank has signed a deal with the Indian government providing credit facility of 50 Million USD for minority education and training and skill development. The loan will directly link to the government’s program called Nai Manzil: The Education and Skills Training Program, launched this year in the month ...

World Bank Chief Economist Kaushik Basu on Sunday said – the US and India are the engines of the global economic growth amidst the financial slowdown all over the world. India is anticipated to remain among the fastest growing major economies, he further added. Addressing the 98th annual conference of ...

The World Bank has approved a $1.5 billion loan to India for its ambitious ‘Clean India’ campaign. The campaign is putting in efforts to ensure that citizens in rural areas have access to improved sanitation. As per World Bank statistics, of the 2.4 billion people who lack access to improved ...

Continuing its support to improve the railway infrastructure in the megapolis, the World Bank, has said that it will invest not only in improving the frequencies but also give priority to enhancing security and safety apart from sanitation facilities. World Bank is in a long tradition of partnering with the Railways ...

Andhra Pradesh is ranked in the category of ‘Aspiring Leaders’ which means the overall implementation status should be between 50 to 75 per cent. One year after the bifurcation of the state, Andhra Pradesh seems to have made an impact through its investor-friendly initiatives. Single Desk Mechanism provides for State clearances ...

The government along with World Bank has released a state-wise report on the ease of doing business – a report in which Gujarat has topped with a score of 71.14%. Andhra Pradesh is the second best state, followed by Jharkhand, Chhattisgarh, Madhya Pradesh and Rajasthan. The exercise is aimed at ...

News: World Bank will look into investment opportunities in Haryana’s key infrastructure sectors like smart cities, energy and mass rapid transit systems. It also evinced keen interest in deepening the engagement with the state government in the field of cutting down losses in transmission and distribution of power, and in ...

News: The Financing Agreement for World Bank (IDA) assistance of US$ 308.40 million for National Cyclone Risk Mitigation Project-II (NCRMP-II) was signed between Government of India and the World Bank. The Financing Agreement was signed by Mr. Raj Kumar, Joint Secretary, Department of Economic Affairs on behalf of the Government ...