During a talk at the Harvard Kennedy School, Finance Minister Nirmala Sitharaman also said that these institutions need to speak for countries that don't get adequate representation.
World Bank has noted that the experiences from countries where schools have reopened suggest that with adequate mitigation strategies, schools pose low risks for disease transmission.
The probe revealed that top World Bank officials, including then-Chief Executive Kristalina Georgieva, applied 'undue pressure' on staff to boost China's ranking.
Steep jump in medium-term growth rates, of the kind projected, needs strong private & govt investment, domestic demand & exports. Govt has bet on growth in own investment, while exports are doing well.
The bank's group president David Malpass said they would continue to provide assistance to developing countries amid pandemic to achieve a more broad-based economic recovery.
The World Bank said India is particularly vulnerable to sovereign debt and funding risks, especially after the Covid pandemic shuttered businesses and left millions jobless.
The highway will be the first stretch to be built under a a $500 million green highways corridor agreement signed by the Indian government with the World Bank in December last year.
Finance ministry says the proposed revamp will focus on structural reforms, rate rationalisation & ease of living, & will be deliberated upon in the coming weeks.
The project is meant to be a ‘protective shield that will keep expanding’, the PM said. It is on the lines of the ‘Golden Dome’ announced by Trump, it is learnt.
Standing up to America is usually not a personal risk for a leader in India. Any suggestions of foreign pressure unites India behind who they see as leading them in that fight.
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