Special Correspondent

NEW DELHI: Finance Minister P. Chidambaram on Monday indicated that India was seeking doubling of World Bank aid to $6 billion (Rs. 30,000 crore) each year to tackle the slowdown in capital inflows and spur economic growth through higher investment in infrastructure.

"We are having discussions with the World Bank to double the lending to India from $3 billion to $6 billion every year," Mr. Chidambaram said at the Economic Editors Conference here.

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Posted by boyang at November 25, 2008 7:51 AM