User: ifinews Topic: IFIs
Category: world-bank :: india
Last updated: Jul 04 2020 21:12 IST RSS 2.0
 
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Indian government’s Boycott China campaign will put a damper on infrastructure projects 4.7.2020 Scroll.in
Three deals in Maharashtra and work on the Delhi-Meerut Regional Rapid Transit System have been stalled.
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Watch: Can locusts be food? Kenyan scientists are exploring the question as a second wave looms 3.7.2020 Scroll.in
According to the World Bank, locust swarms could cost East Africa and Yemen $8.5 billion this year, news agency Reuters reported.
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'Ministry should end controversies related to GDP' 1.7.2020 Rediff: Business
There has been criticism of the official statistics ever since MoSPI came out with new methodology to estimate the GDP on the base year of 2011-12 compared to earlier 2004-05.
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Centre, Tamil Nadu govt and World Bank enters pact for affordable housing 30.6.2020 Projects Monitor

The government of India, the state government of Tamil Nadu and the World Bank have entered legal agreements to help low-income groups in the state to get access to affordable housing. The legal agreements were signed for two projects – USD 200 million First Tamil Nadu Housing Sector Strengthening Programme and USD 50 million Tamil […]

The post Centre, Tamil Nadu govt and World Bank enters pact for affordable housing appeared first on India's first NewsPortal on Projects.

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State has immense potential to attract US investments: Kota 25.6.2020 The Assam Tribune
State has immense potential to attract US investments: Kota
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State primary teachers’ body wary of World Bank education project 24.6.2020 The Assam Tribune
State primary teachers’ body wary of World Bank education project
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Ladakh stand-off: Railways cancels Chinese contract 19.6.2020 Rediff: Business
Govt has already approached World Bank seeking termination of contract. The progress of the project was just 20 per cent though the contract was awarded in 2016.
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Union ministers appeal for boycott of China products 18.6.2020 Rediff: News
Union minister Ram Vilas Paswan appealed to people to boycott products from China and also directed officials of his ministry not to procure any Chinese products for day-to-day office use while his ministerial colleague Ramdas Athawale said all restaurants and hotels that sell Chinese food in India should be closed down.
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Rs 1 cr annual package for SBI's new CFO 11.6.2020 Rediff: Business
For the first time, the bank is recruiting the CFO from outside its experienced talent pool of top management.
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India's economy to shrink by 3.2% in FY21: World Bank 9.6.2020 Rediff: Business
However, the Indian economy is expected to bounce back in 2021, the World Bank said.
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Total lockdown in Mizoram, WB extends it till June 30 9.6.2020 Rediff: News
The TMC government eased lockdown curbs from June 1, allowing places of worship to reopen, and jute, tea and construction sectors to recommence full-fledged operations.
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Covid-19: World Bank lowers India’s growth rate, says economy will shrink by 3.2% 8.6.2020 Scroll.in
The bank had in January lowered its projection for India’s economic growth from 6% to 5% in 2019-’20 fiscal year.
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PM's private secy Rajeev Topno moves to World Bank 5.6.2020 Rediff: News
Besides him, Brajendra Navnit who served in the Prime Minister's Office (PMO) has been appointed as Ambassador and Permanent Representative of India to the World Trade Organisation (WTO), Geneva, Switzerland. Topno is a 1996 batch Indian Administrative Service officer of Gujarat cadre.
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Top 10 coronavirus updates: Lockdown in Mumbai likely to be extended; India’s cases near 82,000 15.5.2020 Scroll.in - News that matters
Here are the biggest developments of the day.
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Coronavirus: World Bank announces $1 billion social protection package for India 15.5.2020 Scroll.in - News that matters
This will be funded in two phases – an immediate allocation of $750 million for 2020 and a $250 million second tranche for 2021.
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Govt signs $500 million project with AIIB to deal with COVID-19 pandemic 8.5.2020 DNA
COVID-19 Emergency Response and Health Systems Preparedness Project is being financed by the World Bank and AIIB in the amount of $1.5 billion, of which $1.0 billion will be provided by World Bank and $500 million will be provided by AIIB.
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AIIB approves USD 500 million loan to support India’s response to COVID-19 8.5.2020 Projects Monitor

The Asian Infrastructure Investment Bank’s (AIIB) Board of Directors has sanctioned a loan of USD 500 million to support India’s efforts to prevent, detect and respond to COVID-19 by strengthening the preparedness of the country’s national health system. The project is funded by AIIB’s COVID-19 Crisis Recovery Facility created to adapt to urgent financing needs […]

The post AIIB approves USD 500 million loan to support India’s response to COVID-19 appeared first on India's first NewsPortal on Projects.

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India's FY21 GDP growth at 0%, says Moody's 8.5.2020 Rediff: Business
Moody's Investors Service on Friday projected India's growth at zero per cent for the current fiscal and said the negative outlook on sovereign rating reflects increasing risks that GDP growth will remain significantly lower than in the past. The outlook also partly shows weaker policy effectiveness to address economic and institutional issues, it noted in the update to its November 2019 rating forecast.
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How can schools reopen safely? Guidelines laid down 6.5.2020 Rediff: News
The guidelines note that while there is not enough evidence yet to measure the impact of school closures on the disease transmission rates, the adverse effects of school closures on children's safety and learning are well documented. Gains made in increasing access to children's education in recent decades risk being lost and, in the worse cases, reversed completely.
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Covid-19: Asian Development Bank approves $1.5-billion loan for India 28.4.2020 Scroll.in
Earlier this month, the World Bank had approved an emergency financial aid of $1 billion for India.
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