GANDHINAGAR (The Times of India) - The Gujarat government is starting to get uneasy over procuring fresh loans, especially from multilateral agencies like the World Bank and Asian Development Bank.

A World Bank team led by Peter Ellis, project director, returned to Gandhinagar a week ago for negotiations. The visit comes exactly a year after WB had told senior officials that the financial body was agreeable "in principle" to granting a $ 150 million loan for the Gujarat Urban Reforms project...

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Posted by rjorr at June 11, 2006 9:30 PM