 TheWorld Bank is an international

financial institution that provides

financial and technical assistance to
developing countries for
development programs (e.g. bridges,
roads, schools, etc.) with the stated
goal of reducing poverty.
 Major institutions created as a result
of the Bretton Woods Conference in
27th December, 1944

 Two main countries which shaped

the negotiations were United States
and Britain
 Provide assistance to developing and
transition countries
 Promote the economic development of
the world's poorer countries
 Finance the poorest developing
countries whose per capita GNP is less
than $865 a year special financial
assistance through the International
Development Association (IDA)
 Build capacity
 Infrastructure creation
 Development of Financial Systems
 Combating corruption
 Research, Consultancy and Training
 Investment
loans: Support of
economic and social development
projects

 Development policy loans: Quick

disbursing finance to support
countries
 International Bank for Reconstruction
and Development (IBRD) :186
member countries

 International Development
Association (IDA): 168 members
countries
Focus on three priority areas:
 Safety net programs
 Global recession and the food
 Fuel and financial crises

For this:
 $8.3 billion to mitigate the crisis impact in
poor countries, over and above previous
commitments to the institution
 Trade flows
 Bolster distressed banking systems
 Keep infrastructure projects on track
 Shift advisory support services
 Support microfinance institutions
Onchocerciasis Control Program (OCP)
Successfully halted transmission of river blindness in 11 countries with a
collective population of 35 million.

Consultative Group for International Agricultural Research (CGIAR)

Created and promoted crop improvements in developing countries over the
last 30 years through a network of research centers.

Global Environment Facility (GEF)

Provides grants to developing countries to fund projects that benefit the global
environment and promote sustainable livelihoods in local communities.

Consultative Group to Assist the Poorest (CGAP)

Expands access by the poor in developing counctries to microfinance through
a consortium of 28 public and private development agencies.

Financial Sector Reform and Strengthening Initiative (FIRST)

Provides flexible, practical assistance to developing countries to strengthen
their financial systems and adopt international financial standards.
Global Water Partnership (GWP)
Supports countries in the sustainable management of their water
resources.
Global Alliance for Vaccines and Immunization (GAVI)
Seeks to protect public health worldwide through the widespread use of
vaccines.
The Carbon Fund
Works to develop viable, flexible market mechanisms to reduce
greenhouse gas emissions under the Kyoto Protocol.
Roll Back Malaria
Coordinates the international fight against malaria, which kills more than 1
million people a year, most of them children in Africa.
Joint United Nations Programme on HIV/AIDS (UNAIDS)
Advocates for global action on the HIV/AIDS epidemic and works with civil
society, the business community and the private sector.
Education for All
Focuses attention on education and strives to ensure an education for
every citizen in every society
 Focuses on:
• Fast-track the development
• Support seven poorest states
 Total proposed lending program of
US$14 billion, for the next three
years
 Strategy is aligned with Government
of India’s own development priorities
 Agriculture
 Infrastructure:
• Power
• Transport
• Water
• Urban development
 Skills
 Components Amount Loan Terms
(US $ Million)

Rail 305 IBRD Loan repayable over 20

years with 5 year grace period

Road 150 IBRD Loan repayable over 20

years with 5 year grace period

Resettlement 79 IDA Credit - an interest-free loan

repayable over 35 years with a 10-
year grace period

Total From World Bank 542 Channelled through the

Government of India

Govt. of India and Govt. 403

Maharashtra

Total Cost of Project 945

 The low cost and stable financing it
provides with longer maturity periods
 Financing through the International
Development Association (IDA)
 Interest rate: 0.75% p.a.
 Repayable over a period of 35 years
 Inclusive of a 10 year grace period

 Government estimates investment of

$475 billion
WB financed FY08: US$ 2.7 billion

World Bank group had  60 active projects in the country