Smita Deshmukh Thursday, May 18, 2006 01:44 IST

WB loses most preferred status, Vilasrao woos Japan funds.

The honeymoon is over. World Bank will no longer be the state government's "most preferred bank".

Upset with the bank's "illogical" policies on rehabilitation and resettlement, the government has decided not to borrow money from the bank. The state's next preferred partner is Japan, along with some Indian...

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Posted by rjorr at May 18, 2006 10:16 AM