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World Bank Lends Record $9.3 billion to India in FY 10

Created by : Nirav Trivedi, CS Executive Programme, ICSI...  | 07 17 2010 09:26:27 +0000
Industry : BankingFunctional Area : India(Markets)
Keywords : india bank money lending world bank
Activity:  144 views;  last activity : 07 22 2010 09:06:51 +0000

India has borrowed $9.3 billion from World Bank for the FY 10 to help insulate it's capital market from the global slowdown, to remove infrastructure constraints to high growth, and to continue delivering essential services.

 

  
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india is utilizing the money effectively. Vs india is not utilizing the money effectively.
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India is at the top in borrowing from world bank where as China is at the bottom of the list($1.2 billion). But still China is growing more rapidly than India. So do you think that the money taken from world bank is actually being utilized for the providing essential services and development of infrastructure in the country?

 
By Nirav Trivedi, CS Executive Programme, ICSI...  | 07 17 2010 09:29:38 +0000
Argue for "india is utilizing the money effectively."
Argue for "india is not utilizing the money effectively."
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