Page-2 of India and the World Bank Current Affairs, GK & News

India-World Bank sign Agreements to provide affordable housing

On June 29, 2020, India and World Bank signed agreements worth 250 million USD to promote private sector to develop affordable housing in Tamil Nadu. Highlights The affordable housing is to be constructed in the state of Tamil Nadu. The funds are to be provided through the International Bank for Reconstruction and Development of the ..

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STARS Project: World Bank approves 500 million USD for education

On June 28, 2020, the World Bank approved 500 million USD to improve learning outcomes in India. Highlights The project is to focus governance of government schools in 6 Indian states. The fund allocated by the World Bank is to be used to implement the project called STARS (Strengthening Teaching-Learning and Results for States). The ..

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India signs loan agreement with World Bank to provide additional financing for Pradhan Mantri Gram Sadak Yojana (PMGSY) Rural Roads Project

On May 31, the Government of India (GoI) and the World Bank (WB) have signed a $500 million loan agreement to provide additional financing for the Pradhan Mantri Gram Sadak Yojana (PMGSY) Rural Roads Project. The project will be implemented by Union Ministry of Rural Development. The Ministry will build 7,000 km of climate resilient ..

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