Development Financial Institutions

Development Financial Institutions are specialized institutions set up primarily to provide development/ Project finance especially in developing countries. These development banks are usually majority-owned by national governments. The source of capital of these banks is national or international development funds. This ..

2018 World Development Information Day (WDID)

The World Development Information Day (WDID) is observed every year on October 24 to draw the attention of the world to development problems and the necessity of strengthening international cooperation to solve them. The special day, which was established by ..

India ranked 147th at UK-based charity Oxfam International’s ‘Commitment to Reducing Inequality (CRI) Index

India has been ranked 147th among 157 countries at the UK-based charity Oxfam International’s ‘Commitment to Reducing Inequality (CRI) Index’ 2018. The 2nd edition of the annual index finds that countries such as South Korea, Namibia and Uruguay are taking ..

Utkrisht Impact Bond

At the Global Entrepreneurship Summit in Hyderabad, The United States Agency for International Development (USAID) has launched a health-impact bond to reduce maternal and neo-natal deaths in Rajasthan by improving the quality of services at private healthcare facilities. It has ..

European Bank for Reconstruction and Development approves India’s membership

The European Bank for Reconstruction and Development (EBRD) has recently approved India’s membership after its shareholders gave their nod to make India its 69th member. The formal membership process will now get underway, which includes the purchase of shares by ..

India ranked 62nd place among emerging economies IDI-2018

India has been ranked at the 62nd place among emerging economies on an Inclusive Development Index (IDI-2018) released by World Economic Forum (WEF). India’s position is much below China (26th) and Pakistan (47th). The 2018 index, which measures the progress ..