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International Development Association The World Bank

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World Bank, India sign $600 mn education project

A credit agreement of $600 million equivalent, for the Second Elementary Education Project, was signed on Thursday between the government of India and the World Bank. An agreement to this effect......

World Bank selects Jim Yong Kim as its next President

United States nominee Jim Yong Kim was on Monday chosen as the next president of the World Bank, an appointment that continues the longstanding tradition of an American leading the Washington-based......

World Bank pushes efforts to reduce AIDS stigma

The World Bank, the United Nations and private sector partners recently launched a competitive development marketplace aimed at identifying and funding innovative approaches to reduce stigma and......

India-US joint statement puts trade at heart of enhanced ties

India and the US on Thursday said they are looking forward to the reconvening of the India-US Trade Policy Forum later this year to further enhance trade relationship and identify new areas for......

UK's richest 10% took half of wealth from India during colonialism

The United Kingdom extracted USD 64.82 trillion from India over a century of colonialism between 1765 and 1900 and USD 33.8 trillion of this went to the richest 10 per cent -- enough money to......

World Bank approves $1.5 billion for rural roads

The World Bank on Tuesday approved a $1.5-billion credit and loan for India's Pradhan Mantri Gram Sadak Yojana aimed towards improving rural accessibility of roads.The new project will concentrate......

World Bank to give $1.05 bn for education

The World Bank has decided to extend an additional soft loan of $1.05 billion (Rs 4,772 crore) to the government to improve the quality of education under two major schemes on elementary and......

Core sector: India to get $4.3 bn World Bank loan

The World Bank has approved four projects worth $4.3 billion to India to bolster its economic stimulus programme and support the infrastructure sector. Of this $2 billion is Banking Sector Support......

World Bank approves $485 mn for TN

The World Bank has approved an assistance package of $485 million to Tamil Nadu so that the state can increase its agricultural productivity by modernising its irrigation infrastructure. The Tamil......

$112m World Bank credit for Chhattisgarh

The World Bank has financially supported the Chhattisgarh District Rural Poverty Project with a sum of $112.56 million.The project is aimed at creating infrastructure and helping develop......

Indo-Pak tennis clash sparks security concerns, sponsorship wars

It's a historical tie, we will benefit from India team's visit: Pakistan tennis fraternity Photograph: Kind courtesy Aisam Ul Haq/Instagram Pakistan has paid a huge price in the absence of......

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