The world bank is an internationally supported bank that provides financial and technical assistance to developing countries for development programs (e.g. bridges, roads, schools)with the stated goal of reducing poverty.
The world bank is one of the two Bretton Woods Institutions which were created in 1944 to rebuild a wartorn europe after World War II . Later ,largely due to the contributions of the Marshall Plan ,the World Bank was forced to find a new area in which to focus its efforts.
India is home to over one-quarter of the world’s poor, and the World Bank Group is focused on sharing best practices as well as financing for development as part of its mission ton help reduce global poverty.