Page 25 - World Bank
World Bank appoints Indian national Indermit Gill as chief economist
After Kaushik Basu, Gill will be the second Indian to serve as chief economist at the World Bank
 "World Bank appoints Indian national Indermit Gill as chief economist")
Analysts slash India's GDP forecast amid high inflation, recession fears
On Thursday, ADB lowered India's growth forecast from 7.5 per cent to 7.2 per cent for FY23. Earlier on July 18, US-based Morgan Stanley also slashed India's GDP growth forecast to 7.2 per cent
 "Analysts slash India's GDP forecast amid high inflation, recession fears")
Kerala civic bodies to have solid waste management engineers soon
Kerala will soon have Solid Waste Management (SWM) Engineers to handle the waste management issues and help the urban civic bodies to find lasting solutions to the growing menace of solid wastes
 "Kerala civic bodies to have solid waste management engineers soon")
UNDP, World Bank sign deal for $20mn to support initiatives in Afghanistan
UNDP has signed a $20 million partnership agreement with the World Bank to support humanitarian, economic, and social development initiatives across all eight regions and 34 provinces of Afghanistan
 "UNDP, World Bank sign deal for $20mn to support initiatives in Afghanistan")
US announces $1.7 bn in aid to Ukraine to pay health care workers
Viktor Liashko, Ukraine's minister of health, said paying health workers' salaries is becoming more difficult each month due to the overwhelming burden of war".
 "US announces $1.7 bn in aid to Ukraine to pay health care workers")
Parameswaran Iyer, new Niti Aayog CEO, is an accidental bureaucrat
The man who helmed the Swachh Bharat mission once worked as a journalist and cut vegetables in a hotel
 "Parameswaran Iyer, new Niti Aayog CEO, is an accidental bureaucrat")
Railways gets $245-mn World Bank loan to cut logistics project's emissions
Bid to help India reduce emissions through logistics project
 "Railways gets $245-mn World Bank loan to cut logistics project's emissions")
World Bank approves Rs 4,400-cr funding for three projects in India
The funds will be used for an education project in Gujarat, a social protection programme in Tamil Nadu and a project to help recovery in the fisheries sector post the pandemic
 "World Bank approves Rs 4,400-cr funding for three projects in India")
Coal ministry to have a 'just transition' division; WB to provide $1.1 mn
This is the first time since India announced its net carbon zero target year of 2070 that the policymakers have initiated discussions on just transition in coal bearing areas
 "Coal ministry to have a 'just transition' division; WB to provide $1.1 mn")
Chennai Corporation seeks World Bank assistance on drinking water project
The Greater Chennai Corporation has sought a World Bank funding of Rs 376 crore for the drinking water project in the city
 "Chennai Corporation seeks World Bank assistance on drinking water project")
World Bank warns of recession as Ukraine war hits already rocked economies
Countries around the world are facing recession as the Ukraine war hits economies already rocked by the Covid pandemic, the World Bank has warned, BBC reported.
 "World Bank warns of recession as Ukraine war hits already rocked economies")
World Bank board approves $1.49 billion in new funds for war-hit Ukraine
The World Bank said in a statement that the latest funding is supported by financing guarantees from Britain, the Netherlands, Lithuania and Latvia
 "World Bank board approves $1.49 billion in new funds for war-hit Ukraine")
Top headlines: RBI steps in to save rupee, power crisis deepens, and more
India's Minister of State for New and Renewable Energy Bhagwanth Khuba launched a "Ghar Ke Upar Solar Is Super" - another of those catchily-named schemes that characterise the Narendra Modi government
 "Top headlines: RBI steps in to save rupee, power crisis deepens, and more")
World Bank cuts India's FY23 GDP forecast to 7.5% amid rising inflation
This is the second time the World Bank has revised its GDP growth forecast for India in FY23
 "World Bank cuts India's FY23 GDP forecast to 7.5% amid rising inflation")
World Bank slashes global growth forecast to 2.9%, warns of 'stagflation'
World Bank President said global growth was being hammered by the war, fresh Covid lockdowns in China, supply-chain disruptions and the risk of stagflation, which was last seen in the 1970s
 "World Bank slashes global growth forecast to 2.9%, warns of 'stagflation'")
World Bank cuts India's economic growth forecast to 7.5% for FY23
This is the second time that the World Bank has revised its GDP growth forecast for India in the current fiscal
 "World Bank cuts India's economic growth forecast to 7.5% for FY23")
Govt plans to offload some of interest cost on aid given to partner nations
The central government plans to tweak letters-of-credit rule
 "Govt plans to offload some of interest cost on aid given to partner nations")
World Bank to provide financial assistance to Lanka for fertiliser supplies
The World Bank has agreed to provide the necessary financial assistance to debt-ridden Sri Lanka to obtain urea fertiliser for the upcoming Maha season in the country, according to a media report.
 "World Bank to provide financial assistance to Lanka for fertiliser supplies")
World Bank to disburse $700 mn to crisis-hit Sri Lanka: Foreign Minister
The World Bank will disburse nearly $700 million to Sri Lanka within the next few months, Sri Lanka's Foreign Minister said
 "World Bank to disburse $700 mn to crisis-hit Sri Lanka: Foreign Minister")
World Bank to disburse $700 mn to Lanka, re-purpose existing loans: Report
Sri Lanka is nearing bankruptcy and has severe shortages of essentials from food, fuel, medicines and cooking gas.