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Adlisberg Finacial Accounting

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  • NEW DELHI, MAR 8:

    World Bank President Jim Yong Kim is on a three-day visit to India beginning March 11 to gather information on development challenges being faced by the country and look at opportunities for enhancing its role in reducing poverty at an accelerated pace. This will be Kim’s first visit to India after taking over as President of the World Bank Group last July. During his visit, Kim will meet Prime Minister Manmohan Singh, Finance Minister P Chidambaram and representatives of the private sector and the civil society to discuss India’s major initiatives to foster equitable growth, said a World Bank release. Kim will also visit Lucknow and Kanpur in Uttar Pradesh to meet Chief Minister, Akhilesh Yadav and see development challenges in the state, which is home to the largest number of India’s poor. “India has vast and valuable development experience, and I am eager to learn about its success stories to see how they could provide lessons for other countries,” said the release quoting Kim. “I also look forward to the opportunity to find out what the World Bank Group can do to work with India in ending extreme poverty and boosting shared prosperity throughout the country”, he added. The World Bank Group President visits India at a time when it is rapidly urbanising, with 10 million Indians moving every year into towns and cities from the rural hinterland. Kim will visit a village in Uttar Pradesh to gain insights into the realities of rural life that might compel migr...

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