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The World Bank, in its preliminary report, has estimated that an amount of Rs 25,050 crore is necessary for rebuilding the state.
Between 1990 and 2015, the world experienced a 25-percentage point drop in extreme poverty against a 35 percentage-point drop in South Asia
A 10-member World Bank (WB)-Asian Development Bank (ADB) team visited flood-ravaged Kuttanad and Chengannur in Alappuzha district on Wednesday.
The state government has prepared a project for `3,000-crore support from the World Bank for post-flood activities.
The zoo authorities have submitted a proposal for sanctioning funds for some of the immediate works to be taken up.
A program to strengthen and expand support for children would be considered by the World Bank board within several weeks.
There are six sources of drinking water supply to Shimla town with a total water supply capacity of 54 million litres per day.
The World Bank is likely to provide USD 500-million assistance to Tamil Nadu for building 40,000 homes for the urban poor.
Timely reconstruction of infrastructure will revive the economy and boost the confidence of people affected by the floods, Chief Minister Pinarayi Vijayan has said.
Electricity distribution utilities (DISCOMs) in Rajasthan provide electricity to about 9.5 million customers.
Even as AP government tries to pool in funds for the construction of the capital, the largest tranche of loan it sought from World Bank is highly unlikely to happen before next elections.
India became the sixth largest economy with a GDP of $2.59 trillion in 2017.
World Bank and Ministry of Commerce and Industry to conduct workshop to address logistics issues in India
The World Bank team was led by Regional Integration and Investment Climate Director of Trade Caroline Freund and Country Director for the World Bank in India Junaid Ahmad.
Today some 132 million girls around the world between the ages of six and 17 are still not in school 75 per cent of whom are adolescents.