The World Bank is encouraging countries to spend in the first instance on health programmes, on social programmes, and on education, World Bank President David Malpass said, adding that a critical step for countries is to reopen schools
The money is part of an overall WB Group (WBG) package of up to $160 billion through June 2021 designed to help developing countries battle the novel coronavirus pandemic
West Bengal‘s Water Resources Investigation and Development Minister, Saumen Kumar Mahapatra, on March 22, 2017, said that the state government will not impose water tax on the public. “As per the government’s resolve to R
The ministry of Housing and Urban Poverty Alleviation (HUPA), on January 18, 2017, has approved the construction of 78,703 additional affordable houses for the Economically Weaker Sections (EWS) in the states of Tamil Nadu, R
The decision was taken at a meeting between World Bank's country director in India, Onno Ruhl and Rajasthan Chief Minister Vasundhara Raje at her official residence.
While talking to the CEOs, Modi said his government strongly supports Public Private Partnership. "GDP growth last year was 7.3 percent. There has been a 40 percent increase in FDI; WB, IMF," he said.
The formation of the New Development Bank (NDB) by the BRICS nations along with the formation of the Asian Infrastructure Investment Bank (AIIB) will break the monopoly of the IMF and World Bank and make their functioning more democratic, a state-run Chinese think tank has said.
Officials saisd the world bank officials periodically visit villages to give suggestions and monitor the progress of execution of the project, based on Community Driven Development approach.
Cold day conditions to continue in Bihar, WB
The chit fund scam in West Bengal is getting bigger with market regulator Sebi turning the heat on over a dozen other companies running similar Ponzi schemes. People are rushing to withdraw Rs 20,000 crore invested in these companies.
It may pale in comparison to the figure involved in the Sahara OFCD case, but the Saradha chit fund scam may run into a lot more than what Mamata Banerjee is provisioning for.
Emkay Global Financial Services is bullish on Larsen & Toubro (L&T) and has recommended accumulate rating on the stock with a target price of Rs 1700 in its March 11, 2013 research report.
Governments should scrap policies to support biofuels because they are forcing up global food prices, according to a report by 10 international agencies including the World Bank and World Trade Organization.