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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ResultsSince 2002, the Bank-supported projects constructed or rehabilitated more than 260,000 kilometers of roads. Some results achieved by select IBRD/IDA-funded projects are as follows:In Nigeria, the... Show More + IBRD-funded Lagos Urban Transport Project (FY02-FY11) supported a bus rapid transport (BRT) system, the first of its kind in Sub-Saharan Africa, as an example of a comprehensive and integrated approach to improving public transport. In Lagos, some 200,000 commuters per day are now using this bus system. In addition to safe, clean, and reliable transport, BRT passengers have also enjoyed a 30 percent decrease in average fares despite a 100 percent rise in fuel costs. Commuters have also cut their time in transit by 40 percent, and reduced the average waiting time by 35 percent. Time and money spent by poor households on travel was reduced from 90 minutes and Naira 150 in 2003, to 23 minutes and Naira 100 by June 2009.A $20 million trade and transport facilitation project financed b Show Less -
Policies that inadvertently push people and businesses to the suburbs can impose a burden on citizens, especially the poor. Transportation costs between the metropolitan cores and the peripheries are among... Show More + the highest in the nation. Access to – and the quality of – water, sanitation, and electricity is much worse in the urban periphery than at the core. “With the right policies in place, the faster a country like India urbanizes, the faster it could reduce poverty and increase shared prosperity,” said Onno Ruhl, the World Bank’s country director for India. “Experience the world over has shown a crucial link between urbanization and economic growth.”Ruhl and his predecessor, Roberto Zagha, understand how important that link is for the future of India, a country where 32 percent of the population falls below the international poverty line of US$1.25 a day. “Urbanization – and the economic growth behind it – is what will pull people out of poverty,” said Somik Lall, lead urban e Show Less -
NEW DELHI, September 23, 2013 – Rural areas adjacent to India’s major metropolitan cities are witnessing faster economic growth and higher employment generation than the mega-cities themselves, says a... Show More + new World Bank report. Examining the phenomenon of rapid “suburbanization” that India is undergoing, the report offers options to city planners and policymakers to ensure that the movement of economic activity away from city cores does not affect their potential to emerge as powerhouses of growth.The report, India’s Urbanization Beyond Municipal Boundaries, analyses the patterns of India’s urbanization derived from geo-referencing and linking the population and economic census, to examine whether or not “suburbanization” is enhancing productivity by tapping agglomeration economies. Existing data suggests that the seven largest metropolitan cities in the country did not increase their overall shares in national employment between 1993 and 2006. While the largest metropolitan centers (Mumba Show Less -