1. The World Bankmandatory web resource-www.worldbank.orgNote-it is compulsory for the students to go through this web site-ppts are for reference By-RAGINI KHANNA
2. World Bank is a term used to describe an international financial institution that provides leveraged loans to developing countries for capital programs. The World Bank has a stated goal of reducing poverty.
3. Introduction Formation - 27 December1944 Type – International Organization Legal status - Treaty Purpose/focus - Crediting Membership - 186 countries President - Robert B. Zoellick Main organ - Board of Directors Parent organization - World Bank Group Website - http://www.worldbank.org/
5. MISSION “To fight poverty with passion and professionalism for lasting results. To help people themselves and their environment by providing resources, sharing knowledge, building capacity and forgoing partnerships in the public and private sectors.”
6. WB comprises of: International Bank for Reconstruction and Development (IBRD) International Development Association (IDA) WB Group comprises of: IBRD IDA International Finance Corporation (IFC) Multilateral Investment Guarantee Agency (MIGA) International Centre for Settlement of Investment Disputes(ICSID)
7. Active Areas Agriculture and Rural Development Conflict and Development Development Operations and Activities Economic Policy Education Energy Environment Financial Sector Gender Governance Health, Nutrition and Population Industry Information and Communication Technologies Information, Computing and Telecommunications International Economics and Trade Labor and Social Protections Law and Justice Macroeconomic and Economic Growth Mining Poverty Reduction Poverty Private Sector Public Sector Governance Rural Development Social Development Social Protection Trade Transport Urban Development Water Resources Water Supply and Sanitation
8. Criteria Eradicate Extreme Poverty and Hunger Achieve Universal Primary Education Promote Gender Equality and Empower Women Reduce Child Mortality Improve Maternal Health Combat HIV/AIDS, Malaria, and Other Diseases Ensure Environmental Sustainability Develop a Global Partnership for Development
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10. The Country Strategy for India for 2009-2012 is aligned with the government's Eleventh Five Year Plan.
11. It focuses on helping the country to fast-track the development of much-needed infrastructure, support the seven poorest states, and respond to the financial crisis.
12. The strategy was arrived at after a series of consultation with a broad range of stakeholders, including members of the government and civil society.
13. The strategy envisages total proposed lending of US$14 billion for 2009 - 2012. As private financing dries up in the wake of the global financial crisis, the Bank has agreed to provide an additional US$ 3 billion as part of the total financing envelope of US$ 14 billion.
16. India Country: Overview Over past 62 years, country has been successful on various fronts:- It has maintained electoral democracy Reduced absolute poverty by more than half Dramatically improved literacy Vastly improved health conditions Become one of the world’s fastest growing economies with average growth rates of 9% over the past four years Emerged as a global player in information technology, business process outsourcing, telecommunications, and pharmaceuticals