World Bank Agreement With India

Another important element of the project will be the promotion of market-oriented production capable of dealing with the vagaries of climate change. Assam`s agricultural sector is highly sensitive to climate change and state floods and droughts. Currently, more than 50% of rice regions are prone to flooding, extinction and drought. A market-based production system will benefit from rapidly changing markets, introduce climate-resistant crops, increase production and manage risks to farmers. BIRAC will now redouble its efforts across the industry and focus on supplying the ingredients that are currently lacking in India`s biopharmas innovation ecosystem. It will enable a more collaborative research and development environment, leverage the expertise of local and international actors, both in the public and private sectors, and will make India more competitive. It will also contribute to the creation of an ecosystem that will facilitate the development of an ongoing pipeline of products in the health sector. This will help India become a cheap health care provider for the world. . Rains, which occur mainly during intense and unpredictable rains during short monsoon periods, have great variability in time and space and do not meet irrigation and water needs throughout the year. Given the above, water storage is essential for India. Dams play a key role in promoting agricultural and rural growth and rapid and sustainable development – a key priority for the Indian government since independence. Today, about 75% of new infectious diseases begin with human and animal contact, including HIV/AIDS, Ebola and SARS.

The project will develop capabilities and systems to detect existing and new zoonoses, support biomedical research on COVID-19 by Indian institutions, and improve viral research and diagnostic laboratories for testing and research. It will also help address potential significant negative external effects in the event of a widespread COVID 19 outbreak, including health awareness and behavioural change campaigns on hygiene practices, masks, social renunciation, mental health and psychological services for vulnerable communities. India`s financial system has benefited from early and decisive measures by the RBI and the Indian government (GOI) to introduce liquidity to the market. Given the current uncertainties, lenders remain concerned about borrowers` repayment options, resulting in a limited flow of credit, including for viable businesses in the sector. This program will support the government`s efforts to channel this liquidity to the MSME sector through the risk provision of banks and non-bank financial firms (NBFCs) to SMEs through a range of instruments, including credit guarantees.