Akhilesh Yadav is more than just a cool name; he’s the Chief Minister of India’s Uttar Pradesh and has recently sought monetary assistance of more than $3.5 billion from the World Bank Group over the next three to five years.
To illustrate India’s need more clearly, Minister Yadav took World Bank Group President Jim Yong Kim on a tour of Uttar Pradesh. Home of the Taj Mahal, Uttar Pradesh is also home to the largest number of impoverished people in all of India – a country which has an estimated 37% of people living below the country’s poverty line. With India’s urban population expected grow by 10 million each year, states such as Uttar Pradesh are in dire need of assistance.
After seeing the poverty in India’s most impoverished state firsthand, Kim agreed that helping Uttar Pradesh and other Indian states is in line with the World Bank’s mission of eliminating global poverty. Among the goals the World Bank supports is the national mission to clean the Ganga River. The World Bank will be contributing $1 billion. The money is to be dispersed through five of the basin states. This contribution supports an existing Indian program: the National Ganga River Basin Project. The Ganga River’s basin community supports more than 400 million Indians, about one third of the population, and is India’s most important river.
– Pete Grapentien
Source: The World Bank