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World Bank approves $625-million loan for India's Rooftop Solar Programme

The World Bank’s Board has approved 625 million dollars loan to support India’s grid connected rooftop solar programme to generate clean energy. The loan will be provided by...

May 17, 2016

India inks $35 million loan agreement with WB for MP project

India has signed loan agreement of 35 million dollars with the World Bank for Madhya Pradesh citizen access to responsive services project. The loan has been sanctioned by...

March 18, 2016

MGNREGA world's largest public works programme: World Bank Report

World Bank has ranked the Mahatma Gandhi National Rural Employment Gurantee Act (MGNREGA) as the world’s largest public works programme. It was revealed in recently released World Bank...

July 8, 2015

Subhash Chandra Garg selected as the ED of the World Bank

Senior IAS officer Subhash Chandra Garg, a 1983-batch IAS officer of Rajasthan cadre, was selected as the ED (Executive Director) of the World Bank. The order released by...

September 11, 2014

Excessive healthcare is a problem on the rise in India: World Bank

The World Bank has warned that excessive healthcare is emerging as a serious problem in India. As per the bank, people with private health insurance are two to three times...

July 31, 2014

World Bank to extend $18 billion financial support to India

The World Bank will provide financial support of $15-18 billion to India over the next 3 years to help speed up economic growth and reduce poverty. As per...

July 24, 2014

Management of PM Relief Fund to be emulated on Gujarat model

Prime Minister Narendra Modi has directed that the management of the PM’s National Relief Fund (PMNRF) should emulate the Gujarat model in selection of beneficiaries, giving priority to...

July 19, 2014

India inks $ 1006.20 million loan pact with World Bank US for "Sarva Shiksha Abhiyan III"

India inked $1006.20 million International Development Assistance (IDA) loan agreement with World Bank for Sarva Shiksha Abhiyan III. At present, Sarva Shiksha Abhiyan (SSA) is the largest ongoing...

May 29, 2014

World Bank to double its lending to developing nations

As part of its efforts to end extreme poverty by 2030, the World Bank Group declared that it will almost double yearly lending capacity to emerging nations like Brazil,...

April 22, 2014

World Bank to provide India $360 million credit for Uttar Pradesh Water Sector Restructuring Project

Government of India inked a pact with the World Bank for credit of $360 million for the development of second phase of Uttar Pradesh Water Sector Restructuring Project. The...

October 29, 2013

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