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Need to make internet more accessible in India: World Bank

Need to make internet more accessible in India: World Bank

 Despite rapid spread of digital technologies in India, nearly a billion people still need to connect to the internet for pushing growth, creating jobs and accessing public services, says a World Bank report.

 '10% rise in China apparel prices to create 1.2 million Indian jobs'

'10% rise in China apparel prices to create 1.2 million Indian jobs'

Rising wages in China presents a huge opportunity to the apparel sector in India with a possibility of creating up to 1.2 million jobs in the country, a World Bank report said on Thursday.

'Extreme poverty' to fall below 10% in 2015, says World Bank

'Extreme poverty' to fall below 10% in 2015, says World Bank

The forecast used a new international poverty line of $1.9 a day, an upgrade from the previous line of $1.25 a day, which was set in 2005.

Extreme poverty to fall below 10%: World Bank

In 2012, that number stood at 902 million, or about 13 percent of the world population.

Pakistan economy to grow by 4.4%: World Bank

The WB prediction is in line with that of International Monetary Fund and the Asian Development Bank that are also seeing around 4.3 per cent growth, the Express Tribune said.

Sea level in Sunderbans rising at an 'alarming' rate per year: World Bank report

Sea level in Sunderbans rising at an 'alarming' rate per year: World Bank report

A World Bank report has said that the water level in the Sunderbans, the world's largest mangrove forest, is rising at an “alarming” rate, endangering the habitation.

Medium-sized firm in India makes 33 tax-related payments/year

As per the latest 'Doing Business Report' published by the World Bank, India is ranked 156th out of 189 nations in terms of paying taxes. It has slipped two positions on this front from the last year.

India's GDP likely to grow by 5.6% in FY15: World Bank

In the following years, the Gross Domestic Product (GDP) growth is likely to rise further to 6.4 per cent and 7 per cent in FY16 and FY17 respectively, it said.

Indian economy to grow at 5.5% this fiscal: World Bank

India`s recent growth has been well below potential, which provides space for economic activity to accelerate without building inflationary pressures.

World Bank sees slower growth in East Asia

Developing countries in East Asia and the Pacific grew by 8.2 percent last year, marking a sharp fall from the previous year's nearly 10 percent, reported Xinhua, citing the report.

Govt seeks facts from NHAI on World Bank report

With the World Bank reportedly listing questionable practices in highway projects in UP and Bihar funded by it, Road Transport Minister C P Joshi on Tuesday said government has no connection "with corruption" and has asked for facts from the NHAI.

`WB report on highway project bribery serious`

Bihar CM Nitish Kumar described as `extremely serious` a reported World Bank report on bribery in highway project.

Govt seeks facts from NHAI on World Bank report

Road Transport Minister CP Joshi on Tuesday said government has no connection "with corruption" and has
asked for facts from the NHAI.

'To reduce poverty South Asia needs 1 mn new jobs every month'

South Asia needs to add between 1 million and 1.2 million additional jobs every month for the next 20 years to sustain growth and reduce poverty in the region, a World Bank report said on Thursday.

WB report lauds Bengal for devt in Ganga basin

Critics of the Left Front in West
Bengal may have blamed its 34-year rule for underdevelopment
there, but a World Bank report has commended the state for
growth and poverty reduction in the Ganga basin.