Onno Ruhl

State Bank of India has inked agreements with the World Bank for a $625 million (around Rs 4,200 crore) facility to support the grid-connected rooftop solar programme in the country.

India needs to activate "stalled engines", including private investment and rural demand, to sustain 7.6 per cent growth rate in the coming years, the World Bank said on Monday.

The World Bank has approved a near Rs 10,000 crore (USD 1.5 billion) loan for the ambitious clean India campaign to support the government in its efforts to ensure all citizens in rural areas have access to improved sanitation and end the practice of open defecation by 2019.

As per the latest government data, India's second quarter economic growth inched up to 4.8 per cent during second quarter (July-September) of 2013-14, well above 4.4 per cent in the first quarter (April-June).

Ruhl joined the World Bank in 1993 and has held various positions within the bank in east and central Asia and Africa, the statement said.

State Bank of India has inked agreements with the World Bank for a $625 million (around Rs 4,200 crore) facility to support the grid-connected rooftop solar programme in the country.

India needs to activate "stalled engines", including private investment and rural demand, to sustain 7.6 per cent growth rate in the coming years, the World Bank said on Monday.

The World Bank has approved a near Rs 10,000 crore (USD 1.5 billion) loan for the ambitious clean India campaign to support the government in its efforts to ensure all citizens in rural areas have access to improved sanitation and end the practice of open defecation by 2019.

As per the latest government data, India's second quarter economic growth inched up to 4.8 per cent during second quarter (July-September) of 2013-14, well above 4.4 per cent in the first quarter (April-June).

Ruhl joined the World Bank in 1993 and has held various positions within the bank in east and central Asia and Africa, the statement said.