India has $1 trillion infrastructure deficit, Chidambaram tells WB
Source: Indian Express
Kim :: India | updated 2013-04-21 08:20:56 -0700 | business-news
India has a USD 1 trillion infrastructure deficit over the next five years, Finance Minister P Chidambaram has told the World Bank, which wants private sector participation to bridge the funding gap. Chidambaram met World Bank President Jim Yong Kim...
Unresolved bottlenecks slowed growth in developing countries: World Bank
Source: Indian Express
Kim :: India | updated 2013-04-18 21:28:17 -0700 | business-news
Unresolved bottlenecks has slowed growth in middle income countries like India, Brazil, Russia and Turkey, World Bank President Jim Young Kim said while insisting that growth has to translate into poverty reduction and job creation and must be inclusive to...
World Bank chief calls for ending extreme poverty by 2030
Source: GMA News
Kim :: India | updated 2013-04-02 16:15:08 -0700 | business-news
An estimated 50 million people were lifted out of poverty in India over the past five years. Economists have estimated the poverty rate for the developing world in 2012 at about 19 percent, representing about 1.1 billion people. That...
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