Tag: World Bank
17 Results
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WB team to study feasibility of horticulture projects
Irrigation, Public Health and Horticulture Minister Mahender Singh Thakur said that the horticulture project of Rs 1,688 crore and integrated mushroom development project of Rs 423 crore will bring transformation in economy of the farmers of Himachal Pradesh. He said that apples are grown on a large scale in the upper areas of the state, …
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September 11, 2018 -
India Shining but…
India has doubled its GDP within a decade and is expected to become a key economic player in Asia soon. China has slowed down over time. More importantly, the IMF has projected India to generate a growth rate of 7.4 per cent this year and 7.8 per cent next year, boosted by its household spending and a bold indirect tax reform
September 4, 2018 -
World Bank approves Rs 929.89 crore for Shimla’s water supply project
Planned by the British for a maximum population of 16,000, Shimla -- now with a population of nearly 2,00,000 -- requires 42 MLD of water.
August 30, 2018 -
800 million South Asians at risk
The impact of climate change is on the rise and no part of the world is immune. South Asia, home to some of the world’s poorest and hungriest peoples, emerges as especially vulnerable. A new study by the World Bank projects a steep decline in living standards in Bangladesh, India, Pakistan and Sri Lanka because …
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July 15, 2018 -
World Bank offers Myanmar $100m for Rakhine development
The World Bank has offered Myanmar $100 million in aid for development projects in the conflict-torn state of Rakhine, hit by violence in 2017 that led to the exodus of more than 700,000 Rohingyas, a Muslim minority community, to neighbouring Bangladesh. The offer came during a three-day visit by the World Bank Vice President for …
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July 10, 2018 -
UN chief in Dhaka to discuss Rohingya issue
United Nations Secretary General Antonio Guterres arrived Dhaka early today when the international community is looking for options beyond bilateral mechanism to resolve Rohingya crisis.
July 1, 2018 -
Chhattisgarh, MP to face decline in living standard: World Bank
"In India today, approximately 600 million people live in locations that could either become moderate or severe hotspots by 2050 under a business-as-usual scenario," it said.
June 28, 2018 -
India increases grants to $15m to handle global environment crises
India on Tuesday announced it will increase for the next four years the money it pays to the Global Environment Facility (GEF).
June 26, 2018 -
WB offers to sponsor Punjab projects for long-term solutions
The World Bank (WB) on Wednesday offered to sponsor the Punjab government’s projects for finding comprehensive long-term solutions in critical areas like agriculture, water and power. Punjab was the only state that was talking about an integrated solutions-based approach to the problems relating to water, agriculture and power, said WB’s country director India, Junaid Ahmad, …
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June 7, 2018 -
‘No deal with Pak on Indus row’
World Bank faltered on a solution to Indus Water Treaty as Pak voiced concerns over Kishenganga.
May 24, 2018 -
Pakistan, World Bank begin talks on Kishanganga dam in J-K
Pakistan and World Bank have started talks here over the recently-inaugurated Kishanganga hydropower project in Jammu and Kashmir, with Islamabad accusing New Delhi of violating the Indus Waters Treaty by setting up the dam. A four-member Pakistan delegation, led by Attorney General Ashtar Ausaf, arrived in Washington on Sunday for three-day talks aiming to convince …
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May 22, 2018 -
Prices of energy commodities set to rise by 20% this year: World Bank
Prices for energy commodities like oil, natural gas and coal are expected to jump by a whopping 20 per cent this year, the World Bank has said in a report. The increase in energy prices is expected to have adverse impact on India, given that the country is heavily dependent on import of major energy …
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April 25, 2018 -
World Bank shareholders endorse capital increase plan
World Bank has said its shareholders endorsed a capital increase package, a series of internal reforms, and a set of policy measures to strengthen the international lender's capabilities.
April 22, 2018 -
Stalled waste management plant in Paradip may finally see light of day
The ambitious nine-year-old waste management plant which has been stalled due to a land dispute between Paradip Port Trust and the state government may finally materalise as a team from the World Bank visited the town on Wednesday to expedite the Rs 42 crore project under the Integrated Coastal Zone Management Programme (ICZMP). On Wednesday, …
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April 20, 2018 -
Regulate, don’t privatise~II
It is not my case that PSBs should not be privatised, but that the regulatory system that covers private banks as well as PSBs India should be made reliable, effective and unfailing, with multiple checks inserted to cover all identified risks. I believe that the existing laws and rules are more or less adequate and …
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April 14, 2018 -
Opinion: Fixing the roof whilst the sun is shining
Protectionism has arisen because advanced countries did not adequately take care of their working middle class.
April 12, 2018 -
World Bank offers Afghanistan $691mn for support
The World Bank provided a grant of $691 million to Afghanistan to support its efforts in reviving the economy and improving access to quality healthcare, the Afghan Finance Ministry said on Wednesday.
April 11, 2018