Worl Bank and its history, features, objectives, functions and Indian Relations.

1. World Bank
By
Sinju N S

2. WORLD BANK
An international organization dedicated to provide financing, advice and
research to developing nations to aid their economic advancement.
Formation: July 1944; 76 years ago
 Type: International Financial
Organization
HQ: Washington D.C., United States
Membership: 188 countries (IBRD),
172 countries (IDA)
President: David Malpass
Parent organization: World Bank
Group
Institutions: International Bank for
Reconstruction and
Development (IBRD), International
Development Association (IDA).

3. Mission
To end extreme poverty
To promote shared prosperity
WORLD BANK GROUP

4. The World Bank was created at the
end of World War II as a result of
many European and Asian countries
needing financing to fund
reconstruction efforts.
The Bank is successful in providing
financing for these devastated
(destroyed) countries.
Why it came into existence?

5. IBRD was the first “Multilateral
Development Bank” Before World War
II had ended.
Conceptualized by Harry Dexter White
and John Maynard Keynes, to stabilize
exchange rates and provide a source of
financing for reconstruction and
development among countries ravaged
by the war.
Why it came into existence? Contd..

6.  The new bank received most of its funds
from the New York investment community.
 The bank made its first, general
reconstruction loans to France ($250 million
– largest ever) , the Netherlands, Denmark,
and Luxembourg in 1947.
 China used IDA loans for agriculture and
education projects while oil wells were
financed with IBRD loans.
 It helped resolve the Indus water dispute
between India and Pakistan.
PROGRESS

7. 1) To provide long-run capital to member
countries for economic reconstruction and
development.
2) To induce long-run capital investment for
assuring Balance of Payments (BoP)
equilibrium and balanced development of
international trade.
3) To provide guarantee for loans granted to
small and large units and other projects of
member countries.
OBJECTIVES
4) To ensure the implementation
of development projects to bring
about a smooth transference
from a war-time to peace
economy.
5) To promote capital investment
in member countries by the
following ways;
(a) To provide guarantee on private
loans or capital investment.
(b) If private capital is not available
even after providing guarantee,
then IBRD provides loans for
productive activities on
considerate conditions.

8.  Granting reconstruction loans to war
devastated countries.
 Granting developmental loans to
underdeveloped countries.
 Providing loans to governments for
agriculture, irrigation, power, transport,
water supply, educations, health, etc
 Providing loans to private concerns for
specified projects.
 Promoting foreign investment by
guaranteeing loans provided by other
organizations.
FUNCTIONS
 Providing technical, economic and
monetary advice to member
countries for specific project.
 Encouraging industrial
development of underdeveloped
countries by promoting economic
reforms

9. Top
Contribu
ters, US,
16.51, 17%
Top
Contribu
ters,
Japan,
9.72, 10%
Top
Contribu
ters,
German
y, 4.84,
5%
Top
Contribu
ters, UK,
4.33, 4%
Top
Contribu
ters,
France,
4.33, 4%
Top
Contribu
ters,
Others,
60.27,
60%
Chart Title
US Japan Germany
UK France Others
Chart Title

10. India &World Bank
 India was one of the 17 countries
which met in Atlantic City, USA in
June 1944 to prepare the agenda for
the Bretton Woods conference.
 The name "International Bank for
Reconstruction and Development"
[IBRD] was first suggested by India to
the drafting committee.
 The Bank lending to India started in
1949, when the first loan of $34 million
was approved for the Indian Railways.

11. Projects of India Commitment
Amount (M$)
Micro, Small And Medium Enterprises Emergency Response 750.00
Accelerating India's COVID-19 Social Protection Response Program
(PMGKY) 749.96
Strengthening Teaching-learning And Results For States 500.00
Gujarat Outcomes For Accelerated Learning (GOAL) 500.00
Second Accelerating India's COVID-19 Social Protection Response (PMGKY) 400.00
Second National Ganga River Basin Project 381.00
Second Dam Rehabilitation And Improvement Project 250.00
First Tamil Nadu Housing Sector Strengthening Program Development
Policy Loan 200.00
Meghalaya Integrated Transport Project 120.00
West Bengal Inland Water Transport, Logistics And Spatial Development
Project 105.00
Punjab Municipal Services Improvement Project 105.00
Kerala Solid Waste Management Project 105.00

12. THANK YOU!