world bank
The World Bank will provide financial assistance to Haryana in the next five years equal to the financial assistance it provided in the last 50 years. World Bank India Director Auguste Tano Koume gave this information on Friday. He discussed various sectors including education, air quality management and transport during a meeting with state Chief Minister Nayab Singh Saini and government representatives. The World Bank team held a separate meeting with Punjab Chief Minister Bhagwant Mann here. “In Haryana, we have a long history of engagement,” Camay said. We have been providing financing to Haryana since 1971. We have supported sectors like power, energy, water.
$1 billion funding
He said, “We have given one billion dollars of financing to Haryana in the last 50 years.” Regarding the upcoming financing, Koum said, “We will give the same amount of financing in the next five years as we have given in the last 50 years. . I am very excited that we can help Haryana play a bigger role in making India ‘developed’ by 2047.” He said that in addition to the $1 billion given directly to Haryana as loan, the state has also benefited from pan-India projects financed by the World Bank. Saini said in a statement that the state will soon become a global artificial intelligence (AI) hub with the help of the World Bank.
Punjab sought help from the World Bank
Meanwhile, Punjab Chief Minister Bhagwant Mann on Friday sought assistance from the World Bank to accelerate growth, improve public services and enhance the overall quality of life for citizens. According to an official statement, the Chief Minister showcased Punjab’s strong reform agenda during a meeting with Auguste Tano Comé, India Region Director at the World Bank. In this meeting Mann focused on fiscal prudence, better governance and enhanced service delivery as key factors in seeking financial assistance. “The proposed financial assistance is expected to support Punjab’s growth priorities, which include infrastructure development, human resource development and social welfare initiatives,” Mann said. While talking to PTI, Comey said that Punjab got the first loan from the World Bank in 1961 and since then one billion dollars has been given to the state. “In Punjab we discussed the chief minister’s ambitions for the state. He is interested in working with us on an education project,” he said.
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