You are here: Home » Economy & Policy » News
Business Standard

World Bank wants to take TN cooperation global

Tamil Nadu Chief Minister J Jayalalithaa seeks World Bank President's intervention on various projects

BS Reporter  |  Chennai 

World Bank,Jim Yong Kim

The on Monday said that it was happy about its co-operation with and wanted to replicate the same not only in other parts of India, but also in other parts of the world.

“We had a very positive and constructive meeting with the chief minister. Many issues were discussed, especially about the co-operation we have with Tamil Nadu, which can be an example not only for other parts of India, but also other parts of the world,” said president Jim Yong Kim, while speaking to reporters after meeting chief minister during his visit here.

“We are here for many, many years. Future of the world,” said Kim. He was referring to the World Bank’s operations in Chennai.

Kim mentioned that the state had done well in encouraging investment and growth and in improving social indicators like infant mortality rate and maternal mortality rate. He stated that Tamil Nadu’s record in implementing projects was “really fantastic”.

Kim also inquired about current concerns in India regarding gender equality and violence against women, for which Jayalalithaa highlighted some of the initiatives taken in for reducing the huge discrimination against women, including the Cradle Baby Scheme launched in 1992 which put an end to female infanticide in the state, and the Girl Child Schemes tied with family welfare initiatives which ensured that families were willing to bring up girl children. To mitigate violence against women and give women the confidence to approach the police, the chief minister described the initiatives to set up all-women police stations.

The World Bank’s Country Partnership Strategy (CPS) in India, proposes to focus on integration, transformation and inclusion. In all these three areas, remains a priority state for continued bank funding. Hence, continued and enhanced support to fits in quite well with the bank’s own CPS in India. On behalf of the government, Jayalalithaa assured that the state would utilise such assistance most prudently and efficiently.

The country director of the in India, Onno Ruhl mentioned that the was very happy with the implementation of programmes in

He added that all the ‘follow-on’ projects would be cleared within a 12-month time-frame which is very rapid according to bank practices. He also promised to take up the issue of additional funding for the road sector project with the Union ministry of finance.

First Published: Mon, July 21 2014. 20:41 IST
RECOMMENDED FOR YOU