Summary:

Mr. Ajay Banga, President of the World Bank, lauded India's outstanding growth rate, describing it as a major component of the global economy, driven by strong domestic demand. Ahead of the forthcoming annual IMF conference, he stated that achieving six to seven percent growth demonstrates resilience. He emphasized the importance of addressing quality-of-life concerns, such as air and water pollution. The World Bank collaborates with India on programs to enhance job creation and improve urban living conditions, with an emphasis on sustainable development.

Source: IBEF 

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