World Bank continues to support Andhra Pradesh with over $ 1 billion programme: CMO

Image
ANI Politics
Last Updated : Jul 21 2019 | 9:50 PM IST

The World Bank (WB) continues to support the state with over $ 1 billion programme, said the government here in a statement on Sunday.

"The World Bank continues to support the state of Andhra Pradesh with over $1 billion programme that covers the health, agriculture, energy and disaster management sectors. This includes a new $328 million support to the state's health sector signed with the Government of Andhra Pradesh on June 27, 2019," said the statement issued from the Chief Minister's Office (CMO).

The WB in a statement on Sunday said that the Government of India (GoI) withdrew its request to the World Bank for financing the proposed Amaravati Sustainable Infrastructure and Institutional Development Project.

"On July 15 the Government of India (GoI) withdrew its request to the World Bank for financing the proposed Amaravati Sustainable Infrastructure and Institutional Development Project. The World Bank's Board of Executive Directors has been informed that the proposed project is no longer under preparation following the government's decision," the World Bank said.

"The World Bank continues to support the state of Andhra Pradesh with over $1 billion program that covers the health, agriculture, energy and disaster management sectors. This includes a new $328 million support to the state's health sector signed with the Government of Andhra Pradesh on June 27," it reaffirmed.

World Bank said that it has a productive relationship with the state of Andhra Pradesh.

"The state has pioneered some remarkable development innovations, such as the women's self-help group movement, that other countries have learned from. The World Bank is proud to have collaborated on these programs, and to have helped carry these examples to the rest of the world," its statement read.

World Bank said that it stands ready to provide whatever support the state and the government of India might request.

"As the new government sets its development priorities, we stand ready to provide whatever support the state and the Government of India might request," the World Bank said.

Disclaimer: No Business Standard Journalist was involved in creation of this content

*Subscribe to Business Standard digital and get complimentary access to The New York Times

Smart Quarterly

₹900

3 Months

₹300/Month

SAVE 25%

Smart Essential

₹2,700

1 Year

₹225/Month

SAVE 46%
*Complimentary New York Times access for the 2nd year will be given after 12 months

Super Saver

₹3,900

2 Years

₹162/Month

Subscribe

Renews automatically, cancel anytime

Here’s what’s included in our digital subscription plans

Exclusive premium stories online

  • Over 30 premium stories daily, handpicked by our editors

Complimentary Access to The New York Times

  • News, Games, Cooking, Audio, Wirecutter & The Athletic

Business Standard Epaper

  • Digital replica of our daily newspaper — with options to read, save, and share

Curated Newsletters

  • Insights on markets, finance, politics, tech, and more delivered to your inbox

Market Analysis & Investment Insights

  • In-depth market analysis & insights with access to The Smart Investor

Archives

  • Repository of articles and publications dating back to 1997

Ad-free Reading

  • Uninterrupted reading experience with no advertisements

Seamless Access Across All Devices

  • Access Business Standard across devices — mobile, tablet, or PC, via web or app

More From This Section

First Published: Jul 21 2019 | 9:34 PM IST

Next Story