[ad_1] India has become a leader in ensuring social security through digitisation, Prime Minister Narendra Modi said on Sunday, citing the World Bank, after he launched 75 Digital Banking Units […]
Tag: World Bank
World Bank cuts India’s GDP forecast to 6.5%, but there’s some positive news too
[ad_1] The World Bank on Thursday downgraded India’s GDP or gross domestic product to 6.5% for the fiscal year 2022-23 from an earlier estimate of 7.5%. In the previous year, […]
Goal of ending extreme poverty by 2030 won’t be met, says World Bank: Report
[ad_1] Shocks related to the Covid-19 pandemic and Russia’s war against Ukraine mean the world is unlikely to meet a longstanding goal of ending extreme poverty by 2030, the World […]
Ukrainian economy will sink 35% this year, says World Bank
[ad_1] Devastated by Russia’s invasion eight months ago, the Ukrainian economy will plunge 35 per cent this year, the World Bank forecast on Tuesday. The war has destroyed factories and […]
Nirmala Sitharaman’s projection for India’s GDP: ‘7.4% economic growth in current, next fiscal’
[ad_1] India’s gross domestic product (GDP) would grow at 7.4% in the current fiscal (financial year 2022-23) and continue at the same level in the next fiscal as well, Union […]
Sitharaman to take part in key meets in United States
[ad_1] Sitharaman will also meet World Bank president David Malpass and participate in a high-level panel discussion on ‘Money at a Crossroad’ hosted by IMF during her visit New Delhi: […]
Extreme poverty dipped in India: World Bank report
[ad_1] New Delhi: Extreme poverty in India was 12.3 percentage points lower in 2019 compared with 2011, as poverty headcount rate declined from 22.5% in 2011 to 10.2% in 2019, […]
World Bank slashes India’s GDP forecast to 8% from 8.7% in fiscal year 2022-23
[ad_1] The World Bank cut its economic growth forecast for India and the whole South Asian region on Wednesday, citing worsening supply bottlenecks and rising inflation risks caused by the […]
World Bank to send $1.5 billion support package to Ukraine as food, energy prices spike
[ad_1] The World Bank is preparing a $1.5 billion support package for war-torn Ukraine and plans to aid developing countries struggling to keep up with surging food and energy prices, […]
Cabinet approves USD 808 million for scheme to improve MSME performance
[ad_1] The union cabinet-led by Prime Minister Narendra Modi approved USD 808 million ( ₹6,062.45 crore) for a new World Bank-assisted scheme ‘Raising and Accelerating MSME Performance’ (RAMP) on Wednesday. […]
Rhino Bond Sold by World Bank in First Issuance of Its Kind
[ad_1] The World Bank said it has priced the world’s first wildlife bond, raising $150 million that will be partly used for the conservation of black rhinos in South Africa. […]
Water treatment plant: World Bank team inspects land near Sahnewal
[ad_1] World Bank representatives inspected the 54-acre land acquired by the municipal corporation and administration in Bilga village near Sahnewal for setting up a water treatment plant under the ₹3,200 […]