India
COUNTRY AT A GLANCE
Population 1.2 billion 2014
GDP $2.0 trillion 2014
GDP growth 7.4% 2014
Inflation 6.4% 2014
More Data »


PROJECT
The World Bank Board today approved $650 million towards the third loan for the Eastern Dedicated Freight Corridor (a freight-only rail line) that will help faster and more efficient movement of raw materials and finished goods between the northern and eastern parts of India.

REPORT
A favorable external environment, particularly the sharp decline in oil and commodity prices, has helped the economy to turn the corner, and improved the economic outlook significantly. Nevertheless, the pace of reforms will need to be stepped up to bridge gaps and accelerate growth.

LENDING

India: Commitments by Fiscal Year (in millions of dollars)*

*Amounts include IBRD and IDA commitments

COUNTRY DATA
Data from World Bank


IN DEPTH