Tag: World Bank

17 Results

  • World Bank approves $1 billion emergency aid for India to combat Coronavirus outbreak

    World Bank approves $1 billion emergency aid for India to combat Coronavirus outbreak

    The emergency resources would include money to purchase critical medical supplies such as masks and ventilators and the World Bank will lend its procurement expertise to help obtain these supplies on global markets.

    April 3, 2020
  • Coronavirus pandemic LIVE | India reports 1251 cases, World Bank warns on China’s growth

    Coronavirus pandemic LIVE | India reports 1251 cases, World Bank warns on China’s growth

    Tuesday marks a week of no new cases reported in Wuhan city, China, where the outbreak first emerged.

    March 31, 2020
  • Coronavirus pandemic: Global deaths, infections surpass those in China

    Coronavirus pandemic: Global deaths, infections surpass those in China

    France had ordered the closure of all non-essential businesses, while Spain went a step further, banning people from leaving home except to go to work, get medical care or buy food.

    March 16, 2020
  • UN estimates Coronavirus impact on trade in India to be at $348 Million

    UN estimates Coronavirus impact on trade in India to be at $348 Million

    The most affected sectors include precision instruments, machinery, automotive and communication equipment.

    March 5, 2020
  • World Bank unveils $12 billion aid package to combat Coronavirus; WHO warns protective gear shortage

    World Bank unveils $12 billion aid package to combat Coronavirus; WHO warns protective gear shortage

    The virus that was first detected in central China in December has killed more than 3,000 worldwide and infected over 90,000 people.

    March 4, 2020
  • A Crisis Unheeded

    A Crisis Unheeded

    The Union budget offered another opportunity to carry the process forward, but it fell short on imagination and boldness. A crisis is not to be wasted, as the wisdom goes. We wasted the current economic crisis for lack of ideas. The reduction of direct tax rates to the exclusion of all exemptions and deductions was a long-overdue reform ~ though the six-slab system cannot really be called a simplification.

    February 12, 2020
  • IMF cuts India’s growth rate to 4.8% citing slowdown in local demand, stress in NBFC sector

    IMF cuts India’s growth rate to 4.8% citing slowdown in local demand, stress in NBFC sector

    United Nations had also cut down India's growth estimate for Financial Year 2020 to 5 per cent from 5.7 per cent.

    January 20, 2020
  • SJPNL asked to resolve the matter of water bills in Shimla

    SJPNL asked to resolve the matter of water bills in Shimla

    He directed the SJPNL to look into the matter and to take necessary actions in this regard.

    January 15, 2020
  • Lower consumption, less credit led to decline of growth to 5%: World Bank

    Lower consumption, less credit led to decline of growth to 5%: World Bank

    In India, economic activity slowed substantially in 2019, with the deceleration most pronounced in the manufacturing and agriculture sectors.

    January 9, 2020
  • The Human Wasteland

    The Human Wasteland

    Today the conflict between the economy and ecology has become more acute. Hence, the term sustainable has come to mean what the market and not the earth can bear. Wealthier and more developed nations will not easily compromise on their growth pattern. While they praise their wealth to protect the environment, large tracks of the earth are laid to waste by their industries

    January 3, 2020
  • Behind Bangladesh’s education turnaround

    Behind Bangladesh’s education turnaround

    Rasheda K Chowdhury, Executive Director (CEO), campaign for popular education or CAMPE, and an educationist, stressed the need for ’a complete revisit of the existing system of focussing more on public exams rather than continuous class room based normative assessments, as mooted in the education policy 2010 for a qualitative change….as numbers always do not matter’.

    January 1, 2020
  • Fighting Poverty~I

    Fighting Poverty~I

    The absence of institutionalized and structured social safety nets is also a major reason impacting the capacity of the poor to fight poverty-creating situations and circumstances. It is notable that health insurance, insurance against bad weather, and insurance against the death of livestock or crop failure, which are standard products in the lives of farmers in rich countries, are more or less absent in the developing world.

    December 19, 2019
  • Adventure in a Cab

    Adventure in a Cab

    He turned to me and said, emphatically but apologetically, “Don’t misunderstand me. You speak our language, you do an important job. You will easily become a part of the American society. You are not a problem. But others are.”

    December 9, 2019
  • Donald Trump urges World Bank to stop lending to China

    Donald Trump urges World Bank to stop lending to China

    The World Bank loaned China $1.3bn in the fiscal 2019 year, which ended on 30 June, a decrease from about $2.4bn in fiscal 2017.

    December 7, 2019
  • Iraq protests: 16 killed in fresh violence in Baghdad, many injured

    Iraq protests: 16 killed in fresh violence in Baghdad, many injured

    Earlier on Friday, thousands of people were in Tahrir Square again to make it clear that the demands of protesters go far beyond the replacement of one prime minister with another.

    December 7, 2019
  • Addressing pressing issues of current times

    Addressing pressing issues of current times

    Studying international development will equip students to analyse contemporary global challenges and help improve living standards worldwide.

    November 12, 2019
  • Tallah Bridge to be finally demolished

    Tallah Bridge to be finally demolished

    The review committee’s decision comes following a report submitted by the government-appointed consultant V.K.Raina, who was once a consultant to the United Nations and World Bank.

    November 2, 2019