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Latest Articles in world bank

World Bank Says Russia Crisis To Send Poverty To Highest In Decade

The number of poor people in Russia will rise to more than 20 million out of a population of over 140 million, the World Bank said, the largest increase in poverty since the 1998-99 crisis

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US Judge Dismisses Lawsuit Against World Bank Over India Power Plant

The IFC loaned $450 million to help build the coal-fuelled Mundra power plant in Gujarat, which fishermen and farmers said took a huge toll on the environment

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Swachh Bharat Mission Gets $1.5 Billion From World Bank

In a big boost to Prime Minister Narendra Modi’s pet project, the World Bank and the Union government on Wednesday signed a $1.5 billion loan agreement for the Swachh Bharat Mission Support Operation Project

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Inequality Index: India Fares Better Than China

India's Gini index stood at around 31 in 1994, and rose to almost 34 by 2010. It has however, declined marginally from there in 2012, which is a silver lining

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In Disaster, Bank Accounts Do Not Provide Financial Security

In disasters, where people have limited liquid assets or financial security, having bank accounts is an important step, but it is not enough for financial security

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Mission Incomplete: Raghuram Rajan's Plan To Transform RBI Into A Modern Bank

Raghuram Rajan, who likes to start his day with an 8:30 breakfast, early by Indian government standards, is seen by many RBI employees as fast and decisive

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The Chinese Puzzle

The launch on 16 January in Beijing of the Asian Infrastructure Investment Bank as a counterweight to the us-dominated World Bank is an indication of China’s determination to expand its global financial role

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Indian Appointed To Key World Bank Position

Saroj Kumar Jha has assumed the position of senior director for the Fragility, Conflict and Violence Group at the World Bank

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World Bank Slashes 2016 Oil Price Forecast

In its annual Commodity Markets Outlook, the World Bank lowered its price forecast for 37 of 46 commodities, including oil, saying that weak demand from emerging economies is likely to continue

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Chinese President Launches AIIB Development Bank As World Power Balance Shifts

57 countries have joined as founding members, with China and India among the largest shareholders. Based on the shareholding, India is expected to get the vice president's post

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Aadhaar ID Saving Indian Govt About $1 Billion Per Annum, Says World Bank

Hailing India's Aadhaar digital ID, the World Bank has said the initiative is estimated to be saving the government about $1 billion annually by curbing corruption as it underlined that digital technologies can promote inclusion, efficiency and innovation

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India Growth Forecasts Beat All Other Major Economies

Another notable feature of India's growth projections is that it beats China, to whom it is often compared, by quite a margin

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India Largest Recipient Of World Bank Loans Over 70 Years

The Ministry of Finance tabled an updated figure of $103 billion (IBRD—$53 billion and IDA—$50 billion) in a reply to the Lok Sabha (Parliament’s lower house) last month.

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Centre Clears $210 Million World Bank Loan Proposal For Jharkhand

The proposed World Bank funding, with a state government commitment of $90 million, will address to some extent the huge investment requirements of the state in developing urban infrastructure

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Failure To Pass GST May Affect Govt''s Ability To Ramp Up Spending: World Bank

The World Bank has warned that failure to pass the Goods and Services Tax (GST) bill by Parliament could hamper the Indian government's ability to ramp up spending on infrastructure

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