Source: IRIS

World Bank expressed its eagerness to increase lending to India in sectors like infrastructure, environment, agriculture and poverty alleviation.

World Bank president, Robert B Zoellick said that World Bank can scale up lending across various arms International Bank for Reconstruction Development (IBRD), International Development Assistance (IDA) and International Finance Corporation (IFC).

The World Bank gave USD 3.7 billion assistance last year, while IFC extended USD 1 billion as debt and equity to private sector companies in the country.

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Posted by dcjaya at November 5, 2007 1:27 AM