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India-World Bank sign 88 million USD to implement Assam Inland Water Transport Project

On January 16, 2020, the Government of Assam, Government of India and World Bank signed 88 million USD agreement. The agreement aims to modernize Assam’s Ferry transport service...

January 17, 2020

World Bank’s Ease of Doing Business

India was raked 63rd in World Bank’s Ease of Doing Business ranking released on October 24, 2019. The ranking comes when the leading financing institutions including RBI, World...

October 24, 2019

World Bank: South Asia Economic Focus, 2019

The World Bank recently released its South Asia Economic Focus, 2019. The report says that Bangladesh and Nepal are growing faster than India. However, it assured that India...

October 13, 2019

SBI Managing Director Anshula Kant appointed World Bank’s MD and CFO

Anshula Kant, Managing Director of State Bank of India (SBI) has been appointed as Managing Director and Chief Financial Officer (CFO) of World Bank. She will be the...

July 13, 2019

World Bank partners with First Resilient Kerala Program

The Government of India, Government of Kerala and World Bank recently signed a Loan Agreement of $250 Million for First Resilient Kerala Program which seeks to enhance State’s...

June 29, 2019

World Bank assisted project SMART launched in Maharashtra

Maharashtra Government has launched World Bank assisted State of Maharashtra’s Agribusiness and Rural Transformation (SMART) Project to transform rural Maharashtra. This project aims to revamp agricultural value chains,...

December 7, 2018

PM inaugurates country’s first multi-modal terminal constructed on river Ganga in Varanasi

Prime Minister Narendra Modi inaugurated India’s first Inland Multi-Modal Terminal Port on river Ganga at Ramnagar in Varanasi and received first container cargo belonging to PepsiCo. It is...

November 13, 2018

Government inks US$ 74 Million loan agreement for Uttarakhand Workforce Development Project

Union Government has inked US$74 million loan agreement for International Bank for Reconstruction and Development (IBRD) Credit for Uttrakhand Workforce Development Project (UKWDP). Uttrakhand Workforce Development Project (UKWDP) The...

September 19, 2018

Pradhan Mantri Gram Sadak Yojana: Government inks $500 million loan agreement with World Bank

Government (Union Finance Ministry) has signed US $500 million (Rs 3,371 crore) loan agreement with World Bank to provide additional financing for Pradhan Mantri Gram Sadak Yojana (PMGSY)...

June 1, 2018

National Biopharma Mission: Government inks Legal Agreements with World Bank

The Union Government has entered into agreement with World Bank for flexible financing arrangement to accelerate research towards early development for biopharmaceuticals under National Biopharma Mission. The agreement...

April 26, 2018

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