Growth in India is firming up and projected to accelerate to 7.3 per cent in the 2018-19 fiscal and 7.5 per cent in the next two years, the World Bank said Sunday.
The World Bank Group today announced it expects to extend assistance totalling $25 billion and $30 billion to India over five years through 2022 to support its transition to a higher middle-income country by addressing key development
The government, World Bank and state-owned EESL today inked a $220million loan agreement and a $80 million guarantee pact to push energy efficiency programme in India. To be implemented by EESL
India on Tuesday signed a $250 million Development Policy Loan (DPL) to improve the performance of Rajasthan’s electricity distribution sector under the states “24×7 Power for All” programme.
The National Highways Authority of India (NHAI) has set the base price for the second package of toll-operate-transfer rights (TOT) auction of public roads at ₹ 5,362 crore.
The World Bank’s Board of Executive Directors has approved a $19.95 million project for the electricity access and renewable energy expansion for Solomon Islands.
The World Bank has approved a $250 million development policy loan (DPL) to Rajasthan for the improvement of the state’s electricity distribution sector under the ‘24×7 Power for All’ program.
Rising temperatures and changing monsoon rainfall patterns as a result of climate change could cost India 2.8 per cent of Gross Domestic Product (GDP) and depress the living standards of nearly half of the country’s population by 2050, the World Bank has said in its latest report.
The World Bank today announced it has approved a Rs 2,040 crore (US $300 million) assistance to help scale up India’s energy efficiency program. This includes Rs 1,496 crore of loan and additional Rs 544 crore to be provided as guarantee for projects.
Pakistan today approached the World Bank amid reports that India could revoke the 56-year- old Indus Water Treaty, with senior Pakistani officials taking up the matter with the international lender which had mediated the water-sharing deal