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World Bank commits $1 billion to India for public healthcare infrastructure

Unique Times March 4, 2023 0

On Friday, the World Bank and India agreed to two complimentary loans totaling USD 500 million each to support and improve the nation’s healthcare system. The bank will support India’s Pradhan Mantri-Ayushman Bharat Health Infrastructure Mission (PM-ABHIM), launched in October 2021, Continue Reading

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“World Bank Can’t Interpret It For Us”: India On Indus Water Treaty

Unique Times February 3, 2023 0

On Thursday, India questioned the World Bank’s choice to establish two different processes—a Court of Arbitration and a neutral expert—to settle disputes between New Delhi and Islamabad on the Kishenganga and Ratle hydroelectric projects in Jammu and Kashmir. Following Islamabad’s “intransigence” in resolving conflicts, India this week sent a notice Continue Reading

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India A Leader In Digitisation That Empowers Social Safety Net: World Bank Chief

Unique Times October 8, 2022 0

According to World Bank President David Malpass, one of the pioneers in digitalization that strengthens and widens the social safety net has been India. During a conference call here, Malpass informed reporters that India, like other developing nations, is affected by rising interest rates in the global economy, inflation, and being affected by climate change, […]Continue Reading

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Tata Tea being Investigated by World Bank

Unique Times February 14, 2014 0

The World Bank said on Thursday it was investigating claims of labour and human rights abuses at a tea plantation project that it jointly finances with tea giant Tata Global Beverages(TAGL.NS) in Assam. The International Finance Corporation (IFC) – a member of the World Bank Group – said its accountability office decided to probe the […]Continue Reading