Latest World Bank News & Updates

Tumakuru (Karnataka), July 8 (IANS) Karnataka Deputy Chief Minister G. Parameshwara said on Wednesday that the state has emerged as a model for the entire country in the Panchayat Raj system. He was speaking after inaugurating the 2026–27 workshop for Gram Panchayat Administrators and Gram Panchayat Development Officers at the Tumakuru Zilla Panchayat auditorium.Parameshwara said Gram Panchayats must focus not only on drinking water, road development and financial management, but also on build…

United Nations, July 8 (IANS) Astutely navigating the shoals of global economic uncertainties, India is holding on to its crown as the world’s fastest-growing major economy with the International Monetary Fund (IMF) projecting it to grow at 7 per cent during the current calendar year.The World Economic Outlook (WEO) Update released on Wednesday projected India’s gross domestic product to moderate in the next calendar year to 6.4 per cent.The Indian economy’s projected performance is “suppo…

Hyderabad, July 8 (IANS) Bharat Rashtra Samithi (BRS) working president K.T. Rama Rao said on Wednesday that the World Bank placing Telangana among India’s top five upper-middle-income states was a matter of pride for its people.Rama Rao attributed the achievement to the efforts of the people of Telangana and the measures taken by BRS during its 10-year rule under the leadership of K. Chandrasekhar Rao (KCR).Reacting to reports on the World Bank’s per capita income classification, the BRS le…

Bengaluru/Kalaburagi, July 7 (IANS) Karnataka Chief Minister D.K. Shivakumar on Tuesday hailed the state for crossing the World Bank’s ‘Upper Middle-Income threshold’, describing it as a significant milestone that reaffirms its position among India’s leading states.In a statement, the Chief Minister said the achievement reflects the collective efforts of the state’s entrepreneurs, farmers, workers, women, and youth, whose contributions have driven Karnataka’s economic growth.”This is a proud mom…

Quetta, July 5 (IANS) The government of Pakistan’s Balochistan is mulling legal action against the Sindh government over what it termed the unfair distribution of canal water after the latter’s Chief Minister and other authorities have failed to ensure that their province received its approved share, local media reported on Sunday. The continued reductions in water supplied by Sindh despite an improvement in river flows have resulted in a shortage of canal water in Balochistan, Pakistan’s The Ex…

New Delhi, July 4 (IANS) Pakistan’s healthcare system continues to face deep disparities between public and private medical facilities, limiting access to quality treatment for millions of people despite higher provincial health allocations, a report has said.According to an analysis by Pakistan Today, inadequate public spending, uneven distribution of healthcare infrastructure and rising out-of-pocket medical expenses have created a two-tier healthcare system, with quality treatment remaining o…

New Delhi, July 4 (IANS) Pakistan’s contrasting responses to upstream water projects by India and China have raised questions about the consistency of Islamabad’s stance on transboundary water security. If upstream interventions are considered a threat to downstream interests, the same principle should apply regardless of whether the upstream country is India or China, a report has highlighted.The muted response to Beijing’s upper Indus dam, alongside persistent objections to Indian projects u…

New Delhi, July 3 (IANS) Delhi Chief Minister Rekha Gupta announced on Friday that the government is set to launch a Rs 8,300 crore, seven-year ‘Clean Air, Healthy Delhi’ project to tackle air pollution with support from the World Bank and other multilateral institutions. She said the Environment Department’s ambitious Rs 8,300 crore project aims to accelerate the implementation of Delhi’s air pollution mitigation plan, advance the objectives of the National Clean Air Programme (NCAP) and …

Tashkent/Amman, July 2 (IANS) The World Bank (WB) has approved a support package worth 105 million US dollars for Uzbekistan to implement its “Transforming Public Education for Economic Growth” program, according to a press release from the bank.The financial package includes a 100 million dollar concessional credit from the International Development Association and a 5 million dollar grant from the International Finance Facility for Education, reports Xinhua news agency.According to WB data, sc…

Islamabad, July 1 (IANS) Pakistan’s negligence in water management is responsible for the water issues that it has been facing in Indus Basin. Pakistan will continue to have water woes until it does not work on water resource management by improving their systems, crop water productivity, ground water management, storages, agricultural practices, institutional reforms, monitoring systems, use of modern technology and resolves disputes among its provinces, a report has detailed. Pakistan keeps ac…