IBRD Current Affairs - 2020

OHEPEE Project: Government inks $ 119 Million Loan Agreement with World Bank

The Union Government has inked US$ 119 million Financing Agreement with World Bank for IBRD loan for the Odisha Higher Education Programme for Excellence & Equity (OHEPEE) Project. The OHEPEE Project aims is to improve the quality of ‘students’ equitable access to selected institutions and enhance governance of the higher education system in Odisha. The Read More…

World Bank approves $175 million loan for India’s National Hydrology Project

The World Bank has approved $175 million for India’s ambitious National Hydrology Project to improve its ability to forecast floods and reduce vulnerability to recurring floods and droughts. The loan has been issued from the International Bank for Reconstruction and Development (IBRD) with maturity of 23 years. It also has a six-year grace period in Read More…