With a population of more than 1.2 billion, India is the world’s largest democracy. Over the past decade, the country’s integration into the global economy has been accompanied by economic growth. India has now emerged as a global player.
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About one million farm families will benefit WASHINGTON, August 28 2013 -- A $360 million credit to India’s most populous state, Uttar Pradesh (UP), was approved by the World Bank Board of Executive... Show More + Directors today to help build the institutional capacity needed to increase agricultural productivity in this low-income state where agriculture will continue to play an important role in alleviating poverty.With a population of approximately 200 million, UP lags behind most Indian states across a number of human development indicators. Currently, over 50 million people live below the poverty line, the majority of them in rural areas. Agriculture accounts for about 30% of the state GDP and 60% of total employment. The rural population is dependent for its livelihood on the agriculture sector which grew at a mere 1.3% each year between 2001 and 2007.“Investing in agriculture will help reduce poverty in UP. More importantly, improving water use efficiency will not only help the agric Show Less -
Subsidies often keep poor hungry, boost fiscal deficits and encourage corruption WASHINGTON, July 25, 2013 - Global food prices declined for three consecutive quarters, then rose in May and June, remaining... Show More + close to historical peaks. Some countries with high poverty and weak safety nets are now responding to this chronic volatility by scaling up consumer food subsidies but these are often counter-productive, the World Bank Group’s quarterly Food Price Watch reported today.“Poorly designed food subsidy programs that lack transparency and accountability in implementation do not benefit poor people. These programs can be very costly and prone to corruption, and waste scarce fiscal resources,” said Jaime Saavedra, World Bank Group’s Acting Vice President for Poverty Reduction and Economic Management. “Reforming such programs is a policy priority, leading the way to smart subsidies that target the most needed and complement existing safety nets.” Saavedra added.According to the latest Show Less -
OVERVIEWMarch 22, 2010 - “We no longer worry about the rains. We now have the confidence to grow alternative crops even if the monsoon fails,” said Balaraju, a farmer in one of the most drought-prone and... Show More + economically vulnerable regions of Andhra Pradesh in southern India.Last year, when large parts of the state were facing the severest drought in 30 years, Balaraju’s lands were unaffected. This is because the villagers now share groundwater, a practice introduced by the World Bank’s pilot project - The Andhra Pradesh Drought Adaptation Initiative (APDAI). Before the project, only the richer farmers had access to groundwater because only they could afford to dig deep wells. The rest, including Balaraju, had to depend on the unreliable monsoon rains to irrigate their crops.GROUNDWATER SHARINGBut, convincing the richer farmers to share the water from their wells was not easy. However they agreed to do so because many of them too had fields that were far from their wells. If a pipeline was Show Less -