User: ifinews Topic: IFIs
Category: world-bank :: india
Last updated: Dec 26 2018 20:08 IST RSS 2.0
 
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Rs 630-cr WB loan to modernise State’s ferry services 18.1.2020 The Assam Tribune
Rs 630-cr WB loan to modernise State’s ferry services
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India lost over $1.3 bn to internet shutdowns in 2019 15.1.2020 Rediff: Business
The total cost of internet shutdowns across the world stood at $8.05 billion in 2019, an increase of 235 per cent since 2015-16.
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India may fall into a middle-income trap, from which no country has been able to bounce back 14.1.2020 Scroll.in
What is a middle-income trap, what causes it and how can it be fixed?
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Global Economy 11.1.2020 Central Chronicle
The Governor of the Reserve Bank of India Mr Shashikanta Dass has warned the Global Economy was moving in uncertain direction. The solution to its problem was being difficult. In the new unstable phase in the global trade and politics the atmosphere has become tense. In the coming year the economic and financial world institutions like the IMF (International Monetary Fund) and the World Bank would be on testing ground. In may nation the level of foreign debt very high. If financial and economic crisis come such nation are bound to face bankruptcy like situation as few years back Greece was an the verge of financial collapse. It could repay the loan taken from IMF and World Bank. The European Union nations formed consortium to salvage the Greece from economic disaster. The IMF and world gave more time to Greece to repay the loans by extending the time limit and rewriting the loans. Presently the Pakistan is in grave financial mess on assuming the office of Prime Minister Mr Imran Khan in his first ...
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World Bank projects India's growth at 7.5 pc in FY19-20 11.1.2020 Central Chronicle
Agencies, Washington The World Bank has said in its Global Economic Prospects Report for 2019 that the Indian economy will grow at a rate of 7.5 per cent during the 2019-’20 financial year, and beyond. The report released on Tuesday here stated that India is set to retain its ‘fastest growing emerging economy’ title. The World Bank stated, "India is projected to grow at 7.5 per cent in the next three years, supported by robust investment and private consumption." As against a growth rate of 6.6 per cent in 2018, China’s growth rate in 2019 is projected to slowdown to 6.2 per cent, and then subsequently to 6.1 per cent in 2020 and 6 per cent in 2021, the bank said. With this, India will continue to retain the position of being the fastest growing emerging economy. And by 2021, its growth rate is projected to be 1.5 per cent more than China’s 6 per cent. According to the World Bank, growth in India is projected at 7.5 per cent in Fiscal Year 2019-20 (April 1, 2019 to March 31, 2020), unchanged from ...
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1971 'Garibi Hatao' did not help poor, Modi Govt to shun populism: Jaitley 11.1.2020 Central Chronicle
New Delhi, Senior BJP leader and Union Minister Arun Jaitley on Friday hailed latest World Bank data that places India as the sixth largest economy surpassing France and asserted that Narendra Modi-led dispensation will not follow the Congress model of 1970s and 1980s that was mere 'populist'. He said Prime Minister Narendra Modi has shaken the "traditional thinking process" and ensured that rural India and the less privileged get the first right of resources. "If this and increased expenditure continues for the next decade, the impact on India’s rural poor would be very significant. This benefits all – irrespective of religion, caste or community. The Congress provided India’s poor with slogan. Mr Modi has given them resources," Mr Jaitley said. "We will not follow the model of 1970s and 1980s of the Congress. That model essentially involved populist slogans rather than sound policy and actual expenditure for the welfare of the poor," Mr Jaitley wrote in an article posted on Facebook. In this ...
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India - Advanced Economy 11.1.2020 Central Chronicle
According to the World Bank updated assessment India has become world’s 6th largest economy replacing France in the list of 7 nations. The calculation on rupee in the list of the nations the America is first with GDP of 1379 lakh crores of rupees, the second is China with GDP of 963 lakh crores, the third is Japan with 351 lakh crores, 4th is Germany 289 lakh crores, the 5th is Britain with 202 lakh crores, 6th is India with 168 lakh crores of rupees and 7th is France with 178 lakh crores. It is a matter of happiness that we are advancing economy but not a matter of satisfaction with the feeling of achievement. Because with France we are very marginally ahead with just one lakh crores. We in no way in economic race with a European country France. In the 7 nation list the China is in second position with GDP of 963 lakh crores ahead of India with massive 785 lakh crores. We are big in size and population of 134 crores people while France is middle size nation with the population of 6.7 crores only. But ...
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BJP targets Rahul, sees Congress pattern in Tharoor's 'Hindu Pakistan' remark 11.1.2020 Central Chronicle
New Delhi, The BJP on Thursday stepped up attack against Congress party and its Lok Sabha MP Shashi Tharoor for the 'Hindu Pakistan' remark and said these observations are highly objectionable. "Mr Rahul Gandhi, such kinds of abuses against Indian democracy your leaders have been using is something which has become a constant feature of the Congress party," BJP spokesman Sambit Patra told reporters here. This statement and use of the phrase 'Hindu Pakistan' is deliberate and it makes an assault on Indian democracy, he said adding "the remarks also make assault on the Hindus". Mr Patra said while there is a general mood of satisfaction in the country that the Indian economy has surpassed France - as per the latest World Bank report - but the statement was an "insult" to compare the world's sixth largest economy with Pakistan. "Modiji aur Bhajpa se nafrat karte karte, Congress party Hindustan ke Loktantra ke khilaf bolna arambh kar dete haen (By their sheer hatred for Prime Minister Narendra Modi and ...
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GST Most Complicated 11.1.2020 Central Chronicle
The World Bank has assessed and assailed the India’s Goods and Service Tax (GST) as most complicated format. The World Bank is its study report of 115 countries said India’s tax rate is second highest in the world. The Modi Government launched the GST on 1st July 2017 in five stab 0-5-12-18-28 percent taxation on Goods and Services in India. The World Bank mentioned that 49 countries have only one slab in its GST while 28, have 2 slab GST but five countries India, Pakistan, Italy, Laxemburg, and Ghana have 5 slab GST system. The economies of these five countries are unstable. Actually it was Congress led UPA Government that formulated GST scheme but at that time the BJP in Opposition opposed and it could not be implemented. But when BJP Government came to power at the Centre with Modi Ministry they were very keen to implement it and Congress in opposition cooperated and it become law. The aim of the GST is to have one taxation for the whole country one price tag on all the items and one national ...
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World Bank lowers India GDP growth projection for 2019-’20 from 6% to 5% 9.1.2020 Scroll.in
However, the growth is likely to recover to 5.8% in the following year, the World Bank said.
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On road to Eco revival, Modi Govt aims to push drastic reforms in Budget 2020 27.12.2019 Central Chronicle
New Delhi, Charting out new road map for economic revival in the next few months, the ruling BJP-led dispensation is unsure of undertaking drastic and sweeping reform strategy like privatisation. Closer interaction with party leaders suggest there is a lobby which would continue to press for protectionist trade policies and conservatism. The new Budget 2020-21 […]
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Atal Bhujal Yojana launched 26.12.2019 Projects Monitor

Prime Minister Narendra Modi launched the Atal Bhujal Yojana (ATAL JAL) in New Delhi on 25 December 2019. ATAL JAL has been designed with the principal objective of strengthening the institutional framework for participatory groundwater management and bringing about behavioral changes at the community level for sustainable groundwater resource management in seven states — Gujarat, […]

The post Atal Bhujal Yojana launched appeared first on India's first NewsPortal on Projects.

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Cabinet approves Atal Jal scheme to improve ground water management in 7 states 24.12.2019 Central Chronicle
New Delhi, The Union Cabinet on Tuesday gave its approval for the implementation of the Atal Bhujal Yojana (ATAL JAL), a Central Sector Scheme with a total outlay of Rs 6,000 crore to be implemented over a period of five years. Briefing the reporters after the meeting, chaired by Prime Minister Narendra Modi, Union Minister […]
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Govt taking steps helping India to inch up its ease of doing business ranking 24.12.2019 Central Chronicle
New Delhi, India has recorded continuous improvement in its ease of doing business ranking issued by the World Bank on account of steps taken by the government in this regard including new Export Credit Insurance Scheme for exporters, National Logistics Policy and Startup India Initiative among others. India ranks 63rd among 190 countries improving by […]
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Tenders floated under Green National Highways Corridor Project 20.12.2019 Projects Monitor

The government of India, Ministry of Road Transport & Highways (MoRTH) has invited bids under Green National Highways Corridor Project in the state of Rajasthan. The scope of work involves following: Rehabilitation and upgradation to four-lane with paved shoulders configuration of Asind-Mandal Section (74.000 km to 116.750 km) of NH-158 in the state of Rajasthan […]

The post Tenders floated under Green National Highways Corridor Project appeared first on India's first NewsPortal on Projects.

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Nepali and Bangladeshi citizens are aiding India’s e-commerce boom from across the border 20.12.2019 Scroll.in
Retailers have set up shops along the border and are charging a fee to make online purchases.
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Indian government has built 95 million toilets, but little has changed for manual scavengers 14.12.2019 Scroll.in
India is listed among nine nations where sanitation workers face the worst working conditions.
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MoRTH floats tender for road work under Green National Highways Corridor Project 5.12.2019 Projects Monitor

The government of India, Ministry of Road Transport and Highways has floated tender for road work in Andhra Pradesh. The scope of work envisages rehabilitation and upgradation to two-lane with paved shoulders configuration of Gondiguda to Araku (up to Bhallaguda) section (27.480 km to 51.772 km) of NH-516E on EPC mode under Green National Highways […]

The post MoRTH floats tender for road work under Green National Highways Corridor Project appeared first on India's first NewsPortal on Projects.

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WB project to build sports complex in MLB College 23.11.2019 Central Chronicle
Bhopal, Minister of Sports and Youth Welfare Jeetu Patwari has announced that sports complex will be constructed under the World Bank Project in Government Maharani Laxmibai Girls Post Graduate Autonomous College. Patwari was addressing the concluding program of state level women’s kabaddi competition in the college today. Sports and Youth Welfare Minister Mr. Patwari said […]
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Poor enforcement, training: The reasons why there are so many road accidents in India 20.11.2019 Scroll.in
India’s traffic laws are stricter than those of other countries, but these laws are not enforced.
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