Tag: World Bank

The toll of structural adjustments on the global South and a case for accountability

May 12, 2026 admin

Jason Hickel, Salmaan Keshavjee, Maxine Burkett and Eugene T. Richardson, “Structural adjustment: damages, reparations and pathways to non-recurrence”, BMJ Global Health, March 2026. The 1970s were a good decade for the global South. Between 1960 and 1980, real per capita income grew across Asia, Africa, and Latin America. Countries that had recently thrown off colonial…

World

IMF, World Bank, IEA urge countries to stop hoarding energy supplies, imposing export controls

April 13, 2026 admin

International Energy Agency (IEA) Executive Director Fatih Birol. File | Photo Credit: Reuters The International Monetary Fund, World Bank and International Energy Agency on Monday (April 13, 2026) urged countries ‌to avoid hoarding energy supplies and imposing export controls that could worsen what they called the biggest shock ever to the global energy market. IEA…

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India’s Economy To Grow By 6.7% In Next Two Fiscal Years: World Bank

January 17, 2025 admin

United Nations: The World Bank projects India’s economy to grow by 6.7 per cent in the next fiscal year starting in April, slightly higher than in the current fiscal year, and continuing to top the growth tally. The Word Bank’s Global Economic Prospects released on Thursday estimated the current fiscal year’s growth rate at 6.5…

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World Bank approves $188 million loan to Maharashtra to stimulate growth in backward districts

December 5, 2024 admin

“The $188.28 million Maharashtra Strengthening Institutional Capabilities in districts for enabling growth operation will support district planning and growth strategies,” the bank said in a statement. “The World Bank has approved a $188.28-million loan to stimulate economic growth in Maharashtra, especially in the lagging districts,” a media release said. “The $188.28 million Maharashtra Strengthening Institutional…

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World Bank Approves $188 Million Loan For Maharashtra

December 5, 2024 admin

World Bank Approves 8 Million Loan For Maharashtra

Washington: The World Bank has approved a USD 188.28-million loan to stimulate economic growth in Maharashtra, especially in the lagging districts, a media release said. The USD188.28 million Maharashtra Strengthening Institutional Capabilities in districts for enabling growth operation will support district planning and growth strategies, the bank said in a statement. Investments under the operation…

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World Bank To Provide Haryana As Much Financing In 5 Years As It Did In Past 50

November 29, 2024 admin

The World Bank will provide the same amount of financial assistance to Haryana in the next five years as it did in the past 50, a senior official of the global institution said on Friday. During a meeting with the World Bank’s Country Director Auguste Tano Kouame here, Haryana Chief Minister Nayab Singh Saini and…

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Neither US Nor China Can Ignore India Today: Sitharaman

October 24, 2024 admin

Washington: India’s priority is not to impose its dominance but to enhance its influence, Union Finance Minister Nirmala Sitharaman has said, asserting that no country, whether the US or China, can ignore New Delhi today. Ms. Sitharaman made the remarks on Wednesday during a panel discussion on “Bretton Woods at 80: Priorities for the Next…

World

No Country, Whether US Or China, Can Ignore India: Nirmala Sitharaman

October 24, 2024 admin

Nirmala Sitharaman was speaking on the sidelines of the World Bank in Washington on Wednesday. Washington: Union Finance Minister Nirmala Sitharaman said that India wants to enhance its influence in the world as one in every six persons is Indian and the world cannot ignore India’s economy. While participating in a panel discussion on the…

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India’s Growth Rate Among Shiniest In Global Economy: World Bank Chief

October 18, 2024 admin

Ajay Banga also said that a lot of India’s growth is driven by the domestic market as well. (File) Washington: India’s growth rate is the shiniest part in the global economy, World Bank president Ajay Banga said on Thursday, noting that a lot of this is driven by the domestic market. “There is no doubt…

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‘India’s growth rate among the shiniest parts of the world economy’: Ajay Banga

October 18, 2024 admin

World Bank President Ajay Banga. File | Photo Credit: Reuters India’s growth rate is among the shiniest parts of the world economy, World Bank president Ajay Banga said on Thursday (October 17, 2024), noting that a lot of this is driven by the domestic market. “There is no doubt that India’s growth rate is among…

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