FRP hike for sugarcane

Uttar Pradesh Agriculture and AI Pragya Initiatives: World Bank Partnership to Transform Agriculture and Digital Skills

Introduction: A Transformative Partnership for Uttar Pradesh In a significant move towards economic and technological advancement, the Uttar Pradesh government, under the leadership of Chief Minister Yogi Adityanath, has partnered with the World Bank to launch two pivotal initiatives: UP-AGREE and AI Pragya. These projects aim to bolster the state’s agricultural sector and empower its…

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World Bank Investment Lab appointment

Sunil Bharti Mittal Joins World Bank’s Investment Lab: Driving Global Job Creation and Economic Growth

Introduction to Sunil Bharti Mittal’s New Role Sunil Bharti Mittal, the founder and chairman of Bharti Enterprises, has recently joined the World Bank’s Investment Lab. This significant move aims to harness his vast experience in business and entrepreneurship to contribute to global efforts focused on boosting job creation, especially in developing nations. His role within…

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World Bank loan Maharashtra rural development

World Bank Loan for Maharashtra Rural Development: $188.28 Million to Boost Agriculture and Water Management

World Bank Approves $188.28 Million Loan for Maharashtra’s Backward Districts Introduction to the Loan Approval The World Bank has approved a $188.28 million loan for Maharashtra, focusing on the state’s backward districts. This initiative aims to improve water management, agricultural productivity, and sustainable livelihoods for marginalized communities in drought-prone areas. The project is titled the…

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Amaravati capital project loan 2024

Amaravati Capital Project Receives ₹13,500 Crore Loan from World Bank and ADB – Key Details

Amaravati Capital Project Gets ₹13,500 Crore Loan from World Bank and ADB The Amaravati capital project, a significant infrastructure initiative in Andhra Pradesh, has received a major financial boost with a ₹13,500 crore loan from the World Bank and the Asian Development Bank (ADB). This development is part of the state’s ongoing efforts to build…

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World Bank energy loan

World Bank Approves $1.5 Billion Loan for Low-Carbon Energy Sector

World Bank Approves $1.5 Billion Loan for Low-Carbon Energy Sector The World Bank has sanctioned a substantial loan of $1.5 billion to support the low-carbon energy sector. This funding is set to propel the transition towards sustainable energy solutions, emphasizing renewable energy sources and energy efficiency initiatives. Focus on Renewable Energy The primary objective of…

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India green hydrogen initiative

India Green Hydrogen Initiative: World Bank $1.5 Billion Loan Boosts Renewable Energy

World Bank Approves $1.5 Billion Loan to Support India’s Green Hydrogen Push The World Bank has recently approved a significant financial package amounting to $1.5 billion to bolster India’s ambitious green hydrogen initiative. This landmark decision underscores the global recognition of India’s commitment to sustainable energy solutions and marks a pivotal moment in the country’s…

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Rakesh Mohan World Bank Panel

Rakesh Mohan Appointed to World Bank Economic Advisory Panel: India’s Influence on Global Economic Policy

Rakesh Mohan Appointed to World Bank Economic Advisory Panel In a recent development, Rakesh Mohan, an eminent economist and former Deputy Governor of the Reserve Bank of India (RBI), has been appointed to the Economic Advisory Panel of the World Bank. This appointment comes as a recognition of Mohan’s vast experience and expertise in the…

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Ajay Banga World Bank President

Ajay Banga Named in 2023 List of Great Immigrants | World Bank President

World Bank President Ajay Banga Named in 2023 List of Great Immigrants” Ajay Banga, the esteemed President of the World Bank, has garnered yet another significant recognition. In the year 2023, he has been honored by being included in the esteemed list of Great Immigrants. This prestigious acknowledgment not only highlights Banga’s remarkable achievements but…

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Ajay Banga

Ajay Banga Confirmed as Next President of World Bank

Ajay Banga Confirmed as Next President of World Bank after an extensive selection process Ajay Banga, an Indian-American businessman, has been confirmed as the next President of the World Bank. This decision was made after an extensive selection process that involved several rounds of interviews and assessments. With this appointment, Banga becomes the first person…

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Logistic Performance Index

India Jumps 6 Places on World Bank’s Logistic Performance Index, Ranks 38

India Jumps 6 Places on World Bank’s Logistic Performance Index, Ranks 38 India has made significant progress in logistics performance, according to the World Bank’s 2022 Logistics Performance Index (LPI). India has jumped six spots to rank 38th among 167 countries surveyed, up from 44th in 2018. India’s score has also improved from 57.06 to…

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