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The World Bank

Topics to be Discussed
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Introduction Brief History World Bank Group Voting Power World Bank and India References

Introduction:
The world bank is an internationally supported bank that provides financial and technical assistance to developing countries for development programs (e.g. Bridges, roads, schools) with the stated goal of reducing poverty.

World Bank Group:

Voting Power:
Saudia Arabia, Italy, 2.64% 2.77% Russia, 2.77% India, 2.91% France, 3.75% United States, 15.85%

United Kingdom, 3.75%

Germany, 4.00%

Japan, 6.84%

China, 4.42%

Source: www.worldbank.org , 2010

Initial Borrowers of the World Bank

1.France was the first borrower

2.Many developed nations who are now donors,

3. Current top 7 borrowers

India :Amount of Lending (Millions Of US Dollars)

Source: www.worldbank.org

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Project Title

Commitment Amount million US $

9 Approval Date

ICDS Systems Strengthening & Nutrition Improvement Program (ISSNIP)

106

06/09/2012

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Karnataka Watershed Development II

Development Policy Loan (DPL) to Promote Inclusive Green Growth and Sustainable Development in Himachal Enhancing Capacity for NAP alignment and Reporting to UNCCD Secretariat - India Bihar Rural Livelihood Project Additional Financing Rajasthan Agricultural Competitiveness Project India: Secondary Education Project

60
100

06/092012
06/092012

4 5 6 7

0.15 100 109 500

12/07/2012 31/05/2012 27/03/2012 22/03/2012

8
9 10

National Dairy Support Project

Assam State Roads Project Assam Agricultural Competitiveness Project

352
320 50

15/03/2012
16/03/2012 13/08/2012

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Meeting Challenges in India:

India is the Banks largest borrower, with total commitments of $5.5 billion in fiscal 2011. Indias Sarva Shiksha Abhiyan
The Bank approved a $1.5 billion loan in fiscal 2011 for the Pradhan Mantri Gram Sadak Yojana.

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In addition a $350 million loan for the Second Karnataka State Highway Improvement Project was approved this fiscal year In May the World Bank approved a $1 billion credit and loan as part of its long-term support for the governments Mission Clean Ganga.

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