World Bank

Government College In Kashmir Being Upgraded Under World Bank Funded Project

Education | Reported By ANI | Wednesday November 25, 2020

The Jammu and Kashmir administration has started upgrading the education infrastructure in South Kashmir under the World Bank funded project at the government degree college at Bijbehara, Anantnag in South Kashmir. The project is being funded by the World Bank.

World Bank Irrigation Project Work To Start In January: Mamata Banerjee

India News | Press Trust of India | Tuesday November 24, 2020

West Bengal Chief Minister Mamata Banerjee on Tuesday said that work for a Rs 2,500 crore World Bank project to improve irrigation facilities and flood protection measures in the Lower Damodar Basin, benefiting the people of five districts will start from January.

Remittances To India To Drop By 9% In 2020: World Bank

Indians Abroad | Press Trust of India | Friday October 30, 2020

The World Bank on Thursday said remittances to India would fall this year by 9 per cent to $76 billion due to the ongoing coronavirus pandemic and global economic recession.

Even Pak Handled Covid Better: Rahul Gandhi On IMF Projections For India

India News | Press Trust of India | Friday October 16, 2020

Congress leader Rahul Gandhi took a dig at the Centre on Friday over IMF''s projection that the Indian economy is set to contract by a massive 10.3 per cent this year, saying it was another "solid achievement" by the government.

Focusing On Protecting People Remain Priority For India: IMF

India News | Press Trust of India | Thursday October 15, 2020

India's priorities should be to protect the most vulnerable people, well targeted support and protecting small and medium sized enterprises so that they do not collapse as the country battles the COVID-19 pandemic, Managing Director of the International Monetary Fund Kristalina Georgieva has said.

World Bank Approves $12 Billion For Developing Countries To Finance COVID-19 Vaccines

World News | Agence France-Presse | Wednesday October 14, 2020

The World Bank said Tuesday that it approved $12 billion for developing countries to finance the purchase and distribution of Covid-19 vaccines, tests and treatment.

School Closure May Cost India Over 400 Billion USD: World Bank

Education | Reported by Press Trust of India | Monday October 12, 2020

The prolonged closure of schools due to the COVID-19 pandemic in India may cause a loss of over USD 400 billion in the country's future earnings, besides substantial learning losses, according to a World Bank report.

Shutting Schools Over Covid May Cost India Over $ 400 Billion: World Bank

India News | Press Trust of India | Monday October 12, 2020

The prolonged closure of schools due to the COVID-19 pandemic in India may cause a loss of over USD 400 billion in the country's future earnings, besides substantial learning losses, according to a World Bank report.

World Bank Praises Efforts To Contain COVID-19 Spread In Mumbai's Dharavi

Mumbai News | Press Trust of India | Wednesday October 7, 2020

The World Bank today praised the efforts to contain the spread of the coronavirus in Mumbai's Dharavi, one of the world's largest slums, saying its success stemmed from a combination of customised solutions , community involvement and perseverance.

By 2021, 150 Million People May Be In Extreme Poverty Due To Covid: World Bank

World News | Press Trust of India | Wednesday October 7, 2020

The World Bank today warned that by 2021, as many as 150 million people are likely to be in extreme poverty because of the coronavirus pandemic and countries will have to prepare for a "different economy" post-COVID by allowing capital, labour, skills and innovation to move into new businesses and sectors.

COVID-19 May Increase Child Mortality Rate In Developing Countries: World Bank

World News | ANI | Monday October 5, 2020

The novel coronavirus pandemic will likely drive up child mortality rates in developing countries by slightly less than half of the current rate, World Bank President David Malpass said on Monday.

World Bank Seeks $12 Billion For COVID-19 Vaccine In Developing Nations

World News | Agence France-Presse | Wednesday September 30, 2020

The World Bank on Tuesday said it has asked its board of directors to approve $12 billion to help poor countries purchase and distribute eventual vaccines against Covid-19.

India Ranks 116 In World Bank's Human Capital Index

India News | Press Trust of India | Friday September 18, 2020

India has been ranked at the 116th position in the latest edition of the World Bank's annual Human Capital Index that benchmarks key components of human capital across countries.

Global Recovery May Take 5 Years: World Bank Chief Economist

Business | Reuters | Thursday September 17, 2020

Last month, the World Bank had saidIndia needs to continue with reforms to reverse the economic slowdown.

Pandemic Threatens Child Education, Health Gains: World Bank

World News | Agence France-Presse | Thursday September 17, 2020

The coronavirus pandemic threatens to erase progress made in the last decade in improving child education and health, particularly in the poorest countries, the World Bank said on Wednesday.