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World Bank

India and World Bank sign $125 million loan to support access to social protection Services in West Bengal

The Government of India, the Government of West Bengal, and the World Bank signed a $125 million IBRD loan to support efforts to help poor and vulnerable groups access social protection services in the state of West Bengal

World Bank slashes India’s growth forecast to 8.3% in FY’22

Earlier the World Bank had forecast a 10.1 percent growth in Indian GDP for FY22. This was higher than 5.4 percent it had projected in January. But now the projections have been slashed to 8.3 percent

ISA, MNRE & World Bank organise 2-day inception workshop for OSOWOG

The ISA, MNRE and World Bank organised a two-day inception workshop, which closed late night on May 25, on One Sun One World One Grid (OSOWOG)

World Bank approves $500 Million loan for Green National Highways Corridors Project

The loan worth $500 million from the World Bank for Reconstruction and Development (IBRD) of Green National Highways Corridors has a maturity of 18.5 years including a grace period of five years

Disinvestment: World Bank to provide advisory services to DIPAM for asset monetisation

The Department of Investment and Public Asset Management (DIPAM) has signed an agreement with the World Bank for advisory services on asset monetisation

‘RE sector hit harder by COVID-19 than thermal; PSAs not signed for 14.8 GW’

Speaking at a webinar, World Bank renewable energy specialist Amit Jain has said that the RE sector has been hit harder than the thermal power sector

Rajesh Khullar (lAS) appointed as Executive Director in World Bank

The Appointments Committee of the Cabinet (ACC) has approved the appointment of Rajesh Khullar (lAS) as Executive Director in the World Bank

Coronavirus to plunge global economy into worst recession since WW II: World Bank

The swift and massive shock of the Coronavirus pandemic and shutdown measures to contain it have plunged the global economy into a severe contraction

India, AIIB sign agreement for $500 million COVID-19 support

Asian Infrastructure Investment Bank (AIIB) and Govt of India signed a US$ 500 million towards “COVID-19 Emergency Response and Health Systems Preparedness Project” that will further strengthen India's fight against coronavirus pandemic

SBI’s Anshula Kant is going to the World Bank

Kant will be responsible for financial and risk management of the World Bank Group and will report to the President

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