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Tag: World Bank

Odisha loses 4 places, at 11th in ease of doing business ranking

New Delhi: Exactly a month ahead of the much touted ‘Make In Odisha’ conclave of the State government scheduled to begin here from November 30, Odisha has slipped to 11th position in the ‘Ease of Doing Business Reforms Ranking 2015-16’ conducted by the Department of Industrial Policy and Promotion (DIPP) and the World Bank. While […]

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World Bank team to review street lighting in state

Bhubaneswar: A team from World Bank has arrived in Odisha to review the energy-efficient street lighting project and cyclone risk mitigation project in State. The team comprises 14 executive directors of World Bank. According to sources, the team will visit various places in the state including Gopalpur and Chilika. Prior to the vist, the team […]

BMC corporators concerned over slow progress of ODRP

Berhampur: Cutting across party lines, corporators of Berhampur Municipal Corporation (BMC) have expressed concern over the slow progress of the World Bank-aided Odisha Disaster Recovery Project (ODRP) worth Rs 180 crore in this south Odisha city. The project includes development of 85 slum pockets, repair and widening of major and interconnecting road stretching across 7.60 […]

World Bank offers support for extension of ICZMP in Odisha

Appreciating significant outcome of the Integrated Coastal Zone Management Project (ICZMP) Phase-1 activities in Odisha, the World Bank has offered its support for extension of the project in the state

World Bank to aid Odisha to tackle urban flooding

The World Bank on Monday said it would provide financial assistance to the Odisha government to tackle urban flooding

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World Bank, China to establish poverty reduction fund of worth $50 million

Beijing: The World Bank Group (WBG) and China signed an agreement here yesterday to set up a trust fund to help reduce poverty. The fund aims to enhance the WBG-China cooperation and leverage financial and knowledge-based resources to help developing countries achieve inclusive and sustainable development, the WBG said in a statement, according to Xinhua […]

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Will complete projects in five years, UP tells World Bank

Lucknow: The Uttar Pradesh government yesterday assured a visiting World Bank (WB) team that it would complete all the projects funded by it in the next five years rather than the stipulated time line of seven years. The assurance, to the team led by Jun Matsumoto, was given by Irrigation Minister Shivpal Singh Yadav, who […]

Nepal needs huge recovery effort after earthquake: World Bank

Kathmandu: An assessment of the impact of the devastating April 25 earthquake and major aftershocks thereafter shows that Nepal’s recovery needs an amount equivalent to a third of the Himalayan nation’s economy, the World Bank said today. The damage to the economy will require sustained financial support and effective recovery programmes to create a more […]

World Bank chief Yong Kim praises Jan Dhan Yojana

World Bank chief Jim Yong Kim has praised the "extraordinary Indian effort" to open millions of bank accounts under prime minister Narendra Modi's Jan Dhan Yojana

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World Bank likely to fund higher education in Odisha

World Bank is likely to fund the development of higher education sector in Odisha

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World Bank projects India's growth at over 6% in 2014-15

The World Bank has projected India's economy will grow over 6 per cent in 2014-15 and 7.1 per cent by 2016-17 as global demand recovers and domestic investment increases.