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World Bank's India Development Update breaks new ground; competition helps

As the Asian Infrastructure Investment Bank weighs in heavily to correct the perceived infra shortage in member countries, World Bank sets the needle away to make what is available work better

World Bank
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World Bank

Subhomoy Bhattacharjee
The World Bank’s India Development Update had for rather long just parroted the government’s line on development. As a result, it was hardly accurate and ended up swaying in whichever direction the government of the day swung.

That might now change a little. Also, at a time when the new kid on the block, the Asian Infrastructure Investment Bank, is weighing in heavily to correct the perceived infrastructure shortage in its member countries, the older World Bank is setting the needle away to make what is available deliver better results. It has gone about doing so with its new