A PRESENTATION ON

The World Bank was originally established to support reconstruction in Europe after World War II. It has over 184 member countries and provides over $24 billion annually for activities ranging from agriculture to trade policy, from health and education to energy and mining. The World Bank is not a bank in the common sense of the word. A single person cannot open an account or ask for a loan. Rather, the Bank provides loans, grants and technical assistance to countries and the private sector to reduce poverty in developing and transition countries. Today, the Bank's mission is to reduce poverty.

The World Bank Group is actually comprised of five separate arms. The International Bank for Reconstruction and Development (IBRD).

The International Development Association (IDA).

These two branches work primarily with governments and together are commonly known as "the World Bank".

Two other branches areThe International Finance Corporation (IFC). & Multilateral Investment Guarantee Agency (MIGA) directly support private businesses investing in developing countries. The fifth arm/branch is The International Center for Settlement of Investment Disputes (ICSID). which arbitrates disagreements between foreign investors and governments.

The World Bank Program in India To support India in achieving its long-term vision of a country free of poverty and exclusion, the World Bank Groups Country strategy for India for FY 2009-12 (CAS) is closely aligned with the objectives outlined in the country's Eleventh Plan.

In FY10, the World Bank lent a record $9.2 billion to India, compared to $2.3 billion in FY09. Fourteen new projects were added in FY10, and the project pipeline has grown in light of increased demand from the Government of India.

World Bank assist India for following purposes. 1. Achieving Rapid and Inclusive Growth

2. Building Strong Partnerships with Low-Income States

3. Agricultural and Rural Development 4. Infrastructure 5. Financial Sector Development and Support to Small and Medium Enterprises 6. Ensuring Development is Sustainable 7. Increasing the Effectiveness of Service Delivery 8. Development of primary & secondary education 9. Improve facilities of Water supply & Sanitation

10. To boost energy sector.

Role of World Bank in India GDP

Role of World Bank in India GDP is one of the most important parameters to mark the growth in Indian economy.

The World Bank works in collaboration with a number of development associates such as the government of India, the bilateral and multilateral donor organizations, nongovernmental organizations (NGOs), and the private sectors to bring about an overall welfare of the Indian economy The World Bank operates with the help of eminent academics, scientists, economists, journalists, and teachers, all of those who are sincerely involved in the . execution of various development projects designed to bring about improvement in the Gross Domestic Product of India

Role of World Bank in India GDP (cont)

One of the most effective and well-organized development plans formulated by the World Bank in collaboration with the Indian government and civil society is the Country Assistance Strategy (CAS), introduced in the year 2005

CAS was incorporated in order to explicit the nature of the assistance provided by the World Bank to the developmental programmes in India

Role of World Bank in India GDP includes offering finance in terms of various loans or credits, which are usually interest-free

Country Assistance Strategy(CAS)

The CAS plan of the World Bank focus upon certain facts like Ensuring a notable infrastructural development

Proper environment for the betterment of the industrial units

Providing special benefits to the poor and disadvantaged class of people Ensuring a sustainable growth in India's economy .

LENDING At the end of June 30, 2010, the World Bank group had 75 active projects in the country. The net commitment for these projects was about $21.4 billion. New lending in FY10 (1 July 2009- 30 June 2010) amounted to $9.3 billion. Total IBRD/IDA Commitments as on June 30, 2010 (FY10): $21.4 billion Commitements FY05 FY06 FY07 FY08 FY09 FY10

New Lending

2.9

1.4 11.3

3.7 14.3

2.7 13.8

2.3 14.9

9.3 21.4

Total Commitments (Active Projects) 12.8

Total No. of Active Projects

64

56

67

60

61

75

The meaning of Asian Development Bank isThe Asian Development Bank (ADB) is a many- sided development bank that is owned by around 67 member nations. The main objective of Asian Development Bank is to help its members who are developing countries by providing them with technical assistance, grants, loans, and guarantees.

India and the Asian Development Bank have a sociable relationship.

The Asian Development Bank has provided India with loans of huge amounts over the years. The Asian Development Bank has helped India to reduce its level of poverty, improve infrastructure, and has also given boost to its economy.

Overview
ADBs primary role includes Country strategy and programming Policy dialogue Project processing Portfolio management and administration of delegated projects Aid coordination Economic and sector work and other analytical work Government, civil society, and private sector relations Country reporting External relations and information dissemination

ADB Membership Joined: 1966 Shareholding and Voting Power India is the third largest shareholder among regional members and the fourth largest overall Shares held: 224,010 (6.32%) Votes: 237,242 (5.35%) Ashok K. Lahiri is the Executive Director and Md. Aminul Islam Bhuiyan is the Alternate Executive Director representing India on the ADB Board of Directors. Hun Kim is the ADB Country Director for India. The India Resident Mission (INRM) was opened in 1992 and provides the primary operational link between ADB and the government, private-sector, and civil-society stakeholders in its activities. The India government agency handling ADB affairs is the Ministry of Finance

functions for countries in the Asia Pacific region

Provides loans and equity investments to its developing member countries (DMCs) Provides technical assistance for the planning and execution of development projects and programs and for advisory services Promotes and facilitates investment of public and private capital for development Assists in coordinating development policies and plans of its DMCs

PROJECTS OF ADB IN INDIA North Eastern Region Urban Development North East Region Capital Cities Developments Strengthening Solid Waste Management through sharing best practices Support to National Urban Renewal Mission Kolkata Environment Improvement

Power Grid Transmission

Bangalore Metro Rail Project State Tourism Development Project

SUMMARY
World Bank & Asian development banks are two financial institution which is established after world war ii. The purpose of formation of these financial institutions is to provide financial support to developing nations for fulfilling of basic needs & make them competitive . India plays a very important role & is one of the leading member nation & loan gainer for the development of infrastructure of the country from these financial institutions.

Reduce poverty, provide basic needs to the people across the world is the primary objective of these financial institutions.

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