‘Decline in consumption poverty notwithstanding, on parameters like tackling open defecation, India lags behind even Bangladesh, Nepal and Pakistan’.
Scheduled Tribes stand out as a group that has fallen further behind, with one-third stuck in chronic poverty.
Addressing a group of nine World Bank Executive Directors, currently on a visit to India, Jaitley said there is a need for “the World Bank to have a larger capital base, more activity and more projects”.
The rapid decline in India’s poverty levels over the last decade augurs well for the country’s efforts to eradicate poverty.
India completes 25 years of the beginning of economic reforms this July. Starting today, The Indian Express will publish findings from an e-symposium that brings together recent research by The World Bank on poverty in India.
The World Bank expects Pakistan’s economy to expand by 4.5 percent in 2016, missing the government’s 5.5 percent target.
People now enrolled in Aadhar and gradually moving towards the goal of paperless, presence less and cashless transactions.
The pact for the SBM Support Operation Project is to help the government in its efforts to ensure that all citizens in the rural areas have access to improved sanitation.
The objective of the project is to improve student outcomes especially of disadvantaged groups in selected Higher Education Institutions (HEIs) and to increase the effectiveness of the Higher Education System in Madhya Pradesh
According to the Mumbai Metropolitan Region Development Authority (MMRDA), the ambitious Regional Information System that it aims to create with the World Bank’s help will be the first of its kind in India.
In case of foreign nationals being appointed as consultant, the concerned ministry will have to first obtain security clearance from the Ministry of Home Affairs.
The project will support the government’s national Nai Manzil (New Horizon) scheme, which was launched in August 2015
After the government fulfilled over half a dozen conditions, including setting up an independent entity to purchase electricity from producers, the loan was finally approved by the World Bank (WB).
In 2008, India had to drop a proposal to borrow after China objected to a Rs 11,000 crore loan to strengthen electricity distribution and transmission in Arunachal Pradesh and Sikkim.
The Bank’s proposed ESS framework, which will replace the existing environmental and social safeguards, envisages new standards, mainly in respect of labour and working conditions.