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"India's urban population is projected to double to 950 million by 2050, driving the need for sustainable and livable cities as centers of growth. Amaravati presents a promising opportunity to showcase this urban transformation," said Auguste Tano Kouame, the World Bank's Country Director for India.
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Alleges that the previous government destroyed the power sector which resulted in a whopping Rs 1,29,503 crore loss to the State
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Municipal Minister says old tenders called for capital will be closed soon and fresh tenders will be called to complete works in three years
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Of the Rs 26,000 crore needed for constructing Amaravati Phase-1, the World Bank and Asian Development Bank (ADB) came forward to lend Rs 15,000 crore
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Advanced methods like smart road technology, intelligence traffic management, futuristic automated construction and ICT would be used in road construction in the near future to make the roads in the State less accident prone
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CM Revanth Reddy, who recently returned from a 10-day visit to the US and South Korea, announced that the Telangana government delegation met with the World Bank President during the US visit. “I’m pleased to share that our discussions with the World Bank representatives were positive, focusing on extending financial assistance at low-interest rates for state development,” CM Revanth Reddy said during his Independence Day speech after hoisting the national flag at the historic Golconda Fort.
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Treaty was signed between then Prime Minister Jawaharlal Nehru and former Pakistan President Ayub Khan in 1960 with the World Bank as a signatory to the pact
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The WB report also highlighted that Pakistan is expected to miss its primary budget target as well, which would keep Islamabad in deficit for at least three more years.
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The emergence of BRICS Plus signifies a movement towards economic freedom from the hegemonic domination of the West
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According to him, 45 per cent of the World Bank financing will go towards climate efforts.
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In addition to showing 50 per cent of regular faculty, the colleges should have 60 per cent of the faculty with more than five years of experience.
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The study estimates that around 4.5 billion people are highly vulnerable to extreme weather events, including floods, droughts, cyclones, and heatwaves
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Are Indian banks future-proofing themselves as the Indian economy gets impacted by global uncertainties, wars, and the impending oil crisis pushing inflation to a new high?
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World Bank has approved USD 150 million to strengthen Sri Lanka's financial and institutional sectors
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BRICS does often act more as a geopolitical entity than an economic one, and the addition of newer members would aid in countering the Western clout
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During Wednesday's World Bank-IMF annual meetings in Marrakech, Morocco, she emphasized this while unveiling the "Partnership for Resilient and Inclusive Supply-chain Enhancement" (RISE).
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The World Bank in its April report had cut India's growth forecast for 2023-24 to 6.3 per cent from the earlier 6.6 per cent
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This candid warning came from the World Bank ahead of the new election cycle for the upcoming government to make early choices
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India wants the World Bank to take into account several measures taken by the government at logistics front such as PM GatiShakti initiative while determining the logistics ranking of countries.
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The Finance Minister and the World Bank President stated that they look forward to Volume 2 of the report that will be submitted during the 4th Finance Ministers and Central Bank Governors FMCBG Meeting in Morocco in October.