December 19, 2024
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World Bank

World Bank loan Maharashtra rural development

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

Prateek07 mins

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

Prateek09 mins

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

Prateek09 mins

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

Prateek07 mins

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

Prateek07 mins

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

Prateek07 mins

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

Radhika Sharma08 mins

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

Lokendra010 mins

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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World Bank assistance Odisha

World Bank assistance Odisha : World Bank approves $100 million for social protection and disaster resilience in Odisha

Radhika Sharma09 mins

World Bank assistance Odisha : World Bank approves $100 million to increase social protection and disaster resilience in Odisha The World Bank has approved a $100 million loan to the state of Odisha in India, to improve social protection programs and enhance the state’s resilience to natural disasters. The project, titled the “Odisha Disaster Resilience…

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Global economy

Global Economy Faces Lost Decade, Says World Bank

Radhika Sharma08 mins

World Bank warns of a “Lost Decade” for the Global Economy The World Bank has issued a warning that the global economy is at risk of experiencing a “lost decade” due to the COVID-19 pandemic. According to the World Bank, the pandemic has caused a severe and widespread economic contraction, which has led to significant…

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