Modi, 63, "has an extreme sense of urgency", Kim said, as he outlined an offer to India of "financial support worth $15 billion to $18 billion over the next three years" to help lift hundreds of millions of Indians out of poverty.īank jobs are currently among the most in-demand jobs in India because of the high job security and the facilities provided by this sector. "I am more optimistic leaving (about India's prospects) than when I arrived," Kim said following talks with Modi and Finance Minister Arun Jaitley to discuss the new government's development priorities. Speaking at the end of a three-day visit to India, World Bank president Jim Yong Kim told reporters he was hugely impressed with Modi's "comprehensive and extremely ambitious vision for the country". Modi's Hindu nationalist Bharatiya Janata Party was elected in May with the biggest electoral majority in three decades on pledges to revive India's sluggish economy, ousting the scandal-tainted, left-leaning Congress party. ![]() World Bank welcomes China-led infrastructure bank ReutersĬoncerns mount over India's stance on global trade pact Reuters ![]() ![]() How the BRICS bank could hurt India's Modi CNBC Does the World Still Need the World Bank? BloombergĬhina's economy to grow 7.6 pct this year -World Bank Reuters
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