With 70 active projects in India, 'disaster managment' on World Bank's hit list
India's growth helping global economy, says World Bank chief
Indo-Asian News Service
New Delhi, January 09, 2011; First Published: 15:33 IST(9/1/2011)
Last Updated: 15:38 IST(9/1/2011)
The bank has more than 70 active projects in India, including several large projects in the critical area of infrastructure. According to bank officials in New Delhi, the president was expected to sign two new projects in the roads and disaster management sectors.
India's fast-paced growth is helping the global economy come out of the crisis and its status as a rising financial power is closely connected with its own internal dynamics, World Bank president Robert B Zoellick has said. "India's return to high levels of growth is helping the global economy recover from the crisis," Zoellick said, ahead of his four-day visit to this country starting on Monday that is aimed at strengthening cooperation in infrastructure and inclusive growth.
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