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Rs 6,000-crore World Bank-backed scheme proposed to manage groundwater resources

By : sustainabilityo..., Jan 9, 2017

Facing a sharp decline in groundwater level in many parts of the country due to over exploitation of existing resources, the Centre has proposed a new World Bank-backed Rs 6,000 crore scheme to...

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World Bank grants $5.19 million for energy financing to MSMEs

By : sustainabilityo..., Dec 14, 2016

World Bank will provide an additional USD 5.19 million grant to MSME industries in the country to help them adopt efficient energy means. 

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World Bank approves an additional USD 22.93 million grant to support grid-connected rooftop solar PV in India

By : sustainabilityo..., Nov 22, 2016

The World Bank Board on November 15th, 2016 approved an additional grant of USD 22.93 million to further enhance India’s Grid-connected Rooftop Solar Photovoltaic (GRPV) program and strengthen...

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World Bank pegs India's energy efficiency market at Rs 1.6 lakh crore

By : sustainabilityo..., Nov 3, 2016

India's market potential for energy efficient products has risen more than four times to a Rs 1.6 lakh crore, estimated on the basis of the success of UJALA -- the Narendra Modi government's...

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'World Bank must aid countries to manage shift to cleaner coal'

By : sustainabilityo..., Oct 28, 2016

The World Bank and other global development lenders like the Asian Development Bank must help countries such as India to finance the shift of their coal production to more efficient technologies...

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India moves up by just one notch on World Bank's 'ease of doing business' index

By : sustainabilityo..., Oct 27, 2016

After pinning its hopes on a significant improvement in World Bank’s Ease of Doing Business Index, India has managed to move up by only one rank in the Doing Business Report 2017. India’s...

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World Bank pledges $1b for India’s solar mission

By : sustainabilityo..., Jul 1, 2016

The World Bank today announced plans to provide more than $1 billion to support India’s solar initiatives. An agreement to this effect was signed on Thursday when World Bank Group President Jim...

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Piyush Goyal to seek soft loans for renewables from World Bank

By : sustainabilityo..., Jun 29, 2016

Power Minister Piyush Goyal today said he will seek low-cost and long-term finance for clean energy projects in his meeting with World Bank chief Jim Yong Kim tomorrow.

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Subject Tags: finance , The World Bank

Rooftop solar projects to get $1.5 billion foreign aid

By : sustainabilityo..., Jan 12, 2016

The World Bank, Asian Development Bank and the New Development Bank formed by the BRICS nations are providing loans to boost India's rooftop solar programme.

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India to remain bright spot of global economy: World Bank

By : sustainabilityo..., Jan 8, 2016

India will continue to be the bright spot of the global economy and is projected to grow at a robust 7.8 per cent in fiscal 2016-17, more than a percentage point higher than China’s, according...

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