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Introduction
Introduction
• World Bank was established in the year 1944 at Bretton Woods Conference
• The World Bank is a part of World Bank Group which provides financing, policy advice, and technical
assistance to governments of developing countries
• India received it’s first funding from the World Bank in 1970s to build power plants and railways
• Consists of 5 institutions - IBRD ,IDA ,IFC ,MIGA ,ICSID
• Currently there are 189 member countries
Functions &
Objectives
Functions & Objectives
• It helps the war-devasted countries by granting them loans for reconstruction.
• Their main goal is to end poverty and boost prosperity for the poorest people
• World Bank provides various technical services to the member countries. For this purpose, the Bank has
established “The Economic Development Institute” and a Staff College in Washington
• To provide long-run capital to member countries for economic reconstruction and development
• It helps in inducing long term capital for improving the balance of payments and thereby balancing
international trade.
• Bank can grant loans to a member country up to 20% of its share in the paid-up capital
Need
Need
 The World Bank came into existence after World War II
Structure
Structure
Board of Governors
Board of Executive Directors
President
Loan Committee
Advisory Committees
Resources
Resources
• Initial authorized capital of $10,000 million
• Authorized capital increased to $ 188 billion
• Out of which $ 180.6 billion was issued to member countries in the form of shares. – 20% paid
and 80% callable
• Member countries enjoy voting rights based on their financial power.
• Each member contributes 2% of its subscription in gold or US dollars and 18% in their national
currency
Benefits
Benefits
01 02 04
Private
business
development
Social
Development
Access to
education
Private
business
development
03
Infrastructure in
developing countries
and more transparent
services, tax
reductions, free trade
and socially
sustainable
development.
05
Difference Between
World Bank & IMF
Difference Between World Bank & IMF
WORLD BANK
• World bank is like a normal bank
• World bank is about Growth
• Development projects in
developing world
• Provides funds to grow strong
• World bank is much bigger
institute
IMF
• IMF is a fund
• IMF is about stability
• Balancing International financial
system
• Provides funds when in emergency
• IMF is smaller as compared to
world bank
Projects &
Operation In India
The First Resilient Kerala Program
Development Policy Operation
Approved Date : June 27,2019
Closing Date : February 1,2019
After 2018 crisis
Improved River Basin planning, Water Infrastructure Operations
Management, Water supply and Sanitation services
Total Project Cost : US$ 250 million
Commitment amount : US$ 250 million
Loan to Help Treat and Eliminate
Tuberculosis in India
Approved Date : June 27,2019
Closing Date : By 2025
Part of GOI and World Bank partnership since
1998.
Treatment and services to poor and high-risk groups,
including tribal households, HIV patients, and children
Supported programs have helped treat more than 20
million people since 1998 and averted 3.5 million deaths.
Total Project Cost : US$ 400 million
Commitment amount : US$ 400 million
Innovation in Solar Power and Hybrid
Technologies
Approved Date : March 29,2019
Closing Date : December 31,2024
Support investments in innovative RE
technologies and BESS
Technical assistance, capacity building, implementation
support, monitoring and dissemination.
Total Project Cost : US$ 399.81million
Commitment amount : US$ 150 million
Uttar Pradesh Core Road Network
Development Project
Approved Date : March 29,2019
Closing Date : June 30,2025
Road safety management in Uttar Pradesh and to improve traffic
flows and safety.
Total Project Cost : US$ 570 million
Commitment amount : US$ 400 million
Dam Rehabilitation & Improvement
Project
Approved Date : February 28,2019
Closing Date : NA
Restructuring and additional financing to improve safety
Total Project Cost : US$ 206 million
Commitment amount : US$ 137 million
To improve operations functions and maintenance of dams.
How does the World
Bank classify countries?
How does the World Bank classify countries?
Geographic region
Income group
Operational lending categories
Region Income Lending
East Asia and Pacific Low income economies IDA
Europe and Central Asia
Lower middle economies
Blend
Latin America and
Caribbean
Upper middle economies
IBRD
Middle East and North
Africa
High economies
North America
South Asia
Sub-Saharan Africa
Thank you

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Introduction to the World Bank: Its History, Functions, Structure and Projects in India

  • 2. Introduction • World Bank was established in the year 1944 at Bretton Woods Conference • The World Bank is a part of World Bank Group which provides financing, policy advice, and technical assistance to governments of developing countries • India received it’s first funding from the World Bank in 1970s to build power plants and railways • Consists of 5 institutions - IBRD ,IDA ,IFC ,MIGA ,ICSID • Currently there are 189 member countries
  • 4. Functions & Objectives • It helps the war-devasted countries by granting them loans for reconstruction. • Their main goal is to end poverty and boost prosperity for the poorest people • World Bank provides various technical services to the member countries. For this purpose, the Bank has established “The Economic Development Institute” and a Staff College in Washington • To provide long-run capital to member countries for economic reconstruction and development • It helps in inducing long term capital for improving the balance of payments and thereby balancing international trade. • Bank can grant loans to a member country up to 20% of its share in the paid-up capital
  • 6. Need  The World Bank came into existence after World War II
  • 8. Structure Board of Governors Board of Executive Directors President Loan Committee Advisory Committees
  • 10. Resources • Initial authorized capital of $10,000 million • Authorized capital increased to $ 188 billion • Out of which $ 180.6 billion was issued to member countries in the form of shares. – 20% paid and 80% callable • Member countries enjoy voting rights based on their financial power. • Each member contributes 2% of its subscription in gold or US dollars and 18% in their national currency
  • 12. Benefits 01 02 04 Private business development Social Development Access to education Private business development 03 Infrastructure in developing countries and more transparent services, tax reductions, free trade and socially sustainable development. 05
  • 14. Difference Between World Bank & IMF WORLD BANK • World bank is like a normal bank • World bank is about Growth • Development projects in developing world • Provides funds to grow strong • World bank is much bigger institute IMF • IMF is a fund • IMF is about stability • Balancing International financial system • Provides funds when in emergency • IMF is smaller as compared to world bank
  • 16. The First Resilient Kerala Program Development Policy Operation Approved Date : June 27,2019 Closing Date : February 1,2019 After 2018 crisis Improved River Basin planning, Water Infrastructure Operations Management, Water supply and Sanitation services Total Project Cost : US$ 250 million Commitment amount : US$ 250 million
  • 17. Loan to Help Treat and Eliminate Tuberculosis in India Approved Date : June 27,2019 Closing Date : By 2025 Part of GOI and World Bank partnership since 1998. Treatment and services to poor and high-risk groups, including tribal households, HIV patients, and children Supported programs have helped treat more than 20 million people since 1998 and averted 3.5 million deaths. Total Project Cost : US$ 400 million Commitment amount : US$ 400 million
  • 18. Innovation in Solar Power and Hybrid Technologies Approved Date : March 29,2019 Closing Date : December 31,2024 Support investments in innovative RE technologies and BESS Technical assistance, capacity building, implementation support, monitoring and dissemination. Total Project Cost : US$ 399.81million Commitment amount : US$ 150 million
  • 19. Uttar Pradesh Core Road Network Development Project Approved Date : March 29,2019 Closing Date : June 30,2025 Road safety management in Uttar Pradesh and to improve traffic flows and safety. Total Project Cost : US$ 570 million Commitment amount : US$ 400 million
  • 20. Dam Rehabilitation & Improvement Project Approved Date : February 28,2019 Closing Date : NA Restructuring and additional financing to improve safety Total Project Cost : US$ 206 million Commitment amount : US$ 137 million To improve operations functions and maintenance of dams.
  • 21. How does the World Bank classify countries?
  • 22. How does the World Bank classify countries? Geographic region Income group Operational lending categories
  • 23. Region Income Lending East Asia and Pacific Low income economies IDA Europe and Central Asia Lower middle economies Blend Latin America and Caribbean Upper middle economies IBRD Middle East and North Africa High economies North America South Asia Sub-Saharan Africa