World Bank

/Tag: World Bank

World Bank gives another $1bn to India

2020-05-20T12:50:07+00:00May 20th, 2020|India Inc Views - India Global Business, News in Brief|

A $1 billion package was announced last month to support the country’s health sector earlier. The World Bank approved $1 billion aid to support India’s effort for providing social assistance to poor and vulnerable households, severely impacted by the pandemic. This takes the total commitment from the World Bank towards emergency COVID-19 response in India to $2 billion. A $1 billion package was announced last month to support the country’s health sector earlier. The World Bank said that the billion-dollar [...]

A future IMF chief from India can redress many global imbalances

2019-08-23T14:12:04+00:00August 9th, 2019|2019, Global Edition – August 2019, Home Page|

As Christine Lagarde makes way for a new Managing Director of the International Monetary Fund (IMF), the need to look beyond the traditional breeding grounds to find her successor became all the more pronounced in order to effectively reflect the realities of the 21st century global order. An influential UK parliamentary panel recently wrote to the UK Foreign and Commonwealth Office (FCO) to engage more proactively with New Delhi to try and seek out the next International Monetary Fund (IMF) [...]

Modi’s multilateral push gets another boost

2020-08-20T07:06:59+00:00April 26th, 2019|India Inc News|

Following in the footsteps of the International Solar Alliance, a new UN-backed multilateral organisation will be headquartered in New Delhi. Less flaunted but still another feather in Modi’s foreign policy cap, writes India Inc. Founder & CEO Manoj Ladwa. Flipping through Indian newspapers, a report caught my eye: the Narendra Modi government had pledged almost $70 million for setting up the secretariat of the proposed Coalition for Disaster Resilient Infrastructure (CDRI) in New Delhi. It was carried by only one, [...]

Do Modi’s numbers stack up?

2020-03-24T07:35:28+00:00March 29th, 2019|2019, Global Edition – March 2019|

As India’s General Elections get underway, a closer look at Prime Minister Narendra Modi’s report card on the economy and the social sector shows he does have a good story to sell to his electorate. The war drums are reaching a deafening crescendo heralding the start of the greatest show on earth – when 900 million Indians get together to elect the government that will define the destiny of one-sixth of the world’s population. The Bharatiya Janata Party (BJP)-led 30-party [...]

India hits the top spot in South Asia for ease of doing business

2018-12-24T13:33:40+00:00December 14th, 2018|2017/2018, Home Page, Yearender- December 2018|

India has made considerable strides on the ease of ‘Doing Business’ with a strong reform agenda, writes the World Bank expert behind the rankings. The last four years have seen India make tremendous strides on the ease of doing business, as measured by the World Bank Group’s ‘Doing Business’ report. India has climbed to a global rank of 77, out of 190, in the latest report and was also recognised as a top improver for a second consecutive year, a [...]

Paving the way for a cleaner India through responsible investment

2020-03-24T11:51:17+00:00September 12th, 2018|2017/2018, Home Page, UK Edition – September 2018|

In the wake of investment firm KKR acquiring a 60 per cent stake in environmental services and solutions firm Ramky Enviro Engineers Ltd, one of the key driving forces behind the deal delves into how the Clean India campaign is becoming bankable. As India becomes an increasingly attractive investment destination due to sustained business reforms, deepening capital markets, and greater ease of doing business – as evidenced by the recent ‘World Bank - Ease of Doing Business’ report, where the [...]

Born-again Andhra Pradesh in a league of its own

2020-03-16T10:51:08+00:00November 29th, 2017|2018/2017, India Investment Journal November Edition, State Focus/Andhra Pradesh, Year|

The state claims to be the best one to invest in India but does not make the mistake of resting on its laurels. Andhra Pradesh Chief Minister Chandrababu Naidu is forever a busy man. His media advisor, Srinivasa Rao, says keeping pace with him is no mean task. He claims he has lost at least 5 kgs in the last one year. Ever since Telangana was carved out of the erstwhile state in June 2014, it will not be incorrect [...]

Companies must make succession planning an ongoing process

2018-05-30T10:20:08+00:00October 27th, 2017|2017/2018, More from this edition, October 2017, Year|

Good corporate governance in a company includes succession planning as a vital element. Organisations that can envisage continuity of business in times of exigencies such as unexpected departures of key people are possibly following best practices. The realisation must dawn on companies to make succession planning as an ongoing process and not an adhoc event. It can serve twin purposes of maintaining continuity in leadership and developing knowledge capital for the future. Board and the CEO’s Role A company’s Chief [...]

Gujarat converts roadblocks into opportunities

2019-01-02T10:41:50+00:00January 9th, 2017|2018/2017, India Investment Journal January 2017, State Focus: Gujarat, Year|

Against the backdrop of the 2017 Vibrant Gujarat summit, Gujarat chief minister Vijay Rupani takes time out for ‘India Investment Journal’ to trace the state’s journey to be recognised as one of the country’s most investor-friendly destinations. What is Gujarat doing to maintain its lead in the Ease of Doing Business (EODB) rankings? Gujarat has always been the frontrunner of creating investor friendly ecosystem. It is enthralling to see that there is a stiff competition among the states and they [...]

A new trade era: What it means for Asia and the UK

2018-09-05T12:52:26+00:00December 11th, 2016|2016, India-UK, Year, Yearend 2016|

From someone who vigorously campaigned for the UK to remain in the European Union, Alok Sharma now finds himself on a rather different kind of pitch as the Foreign Office Minister charged with Asia. His post-Brexit appointment led to a flurry of visits to Asia to deliver Prime Minister Theresa May’s “Brexit means Brexit” message. Many commentators call this century the Asian century. For historians, though, the reality is that the economic centre of gravity is merely returning Eastward. In [...]