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Government signs Financing Agreement with World Bank for Tejaswini Project
The Union Government has signed a Financing Agreement with World Bank for IDA credit of $63 million for the Tejaswini Socio-Economic Empowerment of Adolescent Girls and Young Women (AGYW) Project. It is World Bank’s first project in India solely focused ..
Month: Current Affairs - March, 2017
India signs $201.50 million Financing Agreement with World Bank for TEQIP III
The Union Government has singed Financing Agreement for IDA credit of $201.50 million with World Bank for the ‘Third Technical Education Quality Improvement Programme’ (TEQIP III). The agreement was signed by Raj Kumar, Joint Secretary, Department of Economic Affairs and ..
Month: Current Affairs - February, 2017
World Bank holds meet with India on Indus Water Treaty
India asked the World Bank not to rush in brokering a deal on its dispute with Pakistan over Ratle and Kishenganga projects coming up in Jammu and Kashmir. India conveyed its position during a meeting with World Bank representative in ..
Month: Current Affairs - January, 2017
World Bank, ISA sign agreement for India’s solar-energy program
The World Bank (WB) Group has signed an agreement with the International Solar Alliance (ISA) to provide more than 1 billion dollars to support India’s solar initiatives. The agreement was signed in the presence of World Bank Group President Jim ..
Month: Current Affairs - July, 2016
India, World Bank sign agreement for efficient bus service
The Union Government and World Bank have signed a US 9.2 million dollar grant agreement for the Efficient and Sustainable City Bus Service Project. The grant agreement was signed under World Bank-Global Environment Facility (GEF) Programme. Key Facts The Efficient ..
Month: Current Affairs - June, 2016
India, World Bank ink US$ 100 million loan agreement for Karnataka Urban Water Supply Modernization
India and World Bank have signed the Loan and Project Agreements for World Bank (IBRD) assistance of US 100 million dollars for Karnataka Urban Water Supply Modernization project. Objective of the project: (i) Provide city-wide access to a continuous piped ..
Month: Current Affairs - May, 2016