Page 5 - World Bank

685 million could be living in extreme poverty by 2022-end: World Bank

733 million people currently have no access to electricity and by 2030, 670 million people will remain without it, says World Bank's latest report

High regulatory burden, taxes keep cars out of reach of Indians: Automaker

The levies by the Indian govt have made purchasing vehicles expensive for the population, said RC Bhargava, Maruti Suzuki's chairman

India needs to change course to curb air pollution: World Bank study

Terming air pollution as a public health crisis for South Asia, the report highlights that this crisis not only imposes high economic costs but also cause nearly 2 million premature deaths each year

G20 mulls converting its global infra hub into a multilateral body

Currently, the GIH's work is limited to acting as a knowledge sharing hub, to produce data and insights that inform policy and infrastructure delivery

There's broad support for India's agenda at G20 meeting, says DEA secy

The FCBD meeting is setting the agenda for the meeting of G20 finance ministers and central bank governors, scheduled to be held in Bengaluru in February

Pakistan's external debt stocks in 2021 stood at $130 billion: World Bank

The World Bank has estimated Pakistan's total external debt stocks stood at $130.433 billion by end-2021 in comparison to $115.695 by the end-2020

Extreme heat waves may break human survivability limit in India: World Bank

Soon India may become one of the first places in the world to experience heat waves that break the human survivability limit, a World Bank report said

Remarkably resilient: World Bank ups FY23 India growth forecast to 6.9%

Says strong macro fundamentals place country in good stead

India better placed than emerging nations to face headwinds: World Bank

Asia's third-largest economy, which expanded 6.3% in the July-September quarter, is estimated to grow 6.8-7% in the current 2022/23 fiscal year

Coordinated assistance programme vital for SL's recovery from crisis

Wickremesinghe, who also holds the Finance portfolio, presented Sri Lanka's development programme associated with the economic recovery and growth

LIVE news: Days after AIIMS, hackers attacked top medical body ICMR

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Karnataka to become climate resilient in 5 years: World Bank official

The delegation headed by Auguste Tano Kouame, Country Director, India, World Bank met Karnataka Chief Minister Basavaraj Bommai on Monday and discussed ways to make the state climate resilient

K'taka hold talks with World Bank to make state climate, disaster-resilient

A delegation from the World Bank on Monday held discussions with the Karnataka government regarding the 'Resilient Karnataka Programme', which is aimed at making the State climate-resilient and also strengthen it to mitigate disaster risks, along with international expertise. Discussions have also taken place regarding World Bank-supported USD 367-million rural water supply project in Karnataka, and additional USD 150 million for urban water supply project's second phase in the State, which are at the advanced stages of discussions for approval. A delegation led by Auguste Kouame, Country Director, World Bank (India), met Karnataka Chief Minister Basavaraj Bommai and top officials of the State government and held discussions. This is Kouame's first visit to Karnataka after assuming office in August. "My meeting with the Chief Minister was regarding the Resilient Karnataka Programme- in response to floods, drought and other climate events that have been impacting Karnataka over the

Indian migrant workers send home record $100 billion in 2022: World Bank

It was observed that there was a gradual shift in Indian migrants' key destinations from largely low-skilled, informal employment in the GCC countries to a dominant share of high-income countries

World Bank says air pollution costs Bangladesh up to 4.4% of its GDP

Air pollution was estimated to have caused between 78,145 and 88,229 deaths, and between 1 billion and 1.1 billion days lived with illness in Bangladesh in 2019, according to a report

World Bank approves $250mn for better environmental management in B'desh

The World Bank has approved $250 million in financing to help Bangladesh strengthen environmental management and promote private sector participation in green investment

Remittance inflows in India to top $100 billion in 2022: World Bank brief

Remittance inflow pattern in India has undergone a structural shift from gulf countries to high-income countries in the past few years

India to receive over record $100 bn in remittances in 2022: World Bank

Retaining its spot as the world's top recipient of remittances, migrant workers from India are set to send home a $100 billion in 2022, despite global headwinds like rising prices

In 2022, world-topping $100 billion in remittances have come to India

Remittance flows to India will rise 12 per cent to reach $100 billion this year, according to a World Bank report published on Wednesday

G20's declining share in the world, amid India's growing influence

As the country prepares to host the summit of twenty nations next year in September 2023, it also has to tackle rising concerns of climate change and calls for the expansion of the group from other co