Showing posts with label Poor. Show all posts
World Bank approves USD 225 mn loan to Bihar
Posted in bihar, development, funds, laloo, Poor, poverty, US, washington, yadav
WASHINGTON: The World Bank has approved a USD 225 million loan to Bihar aimed to support the state in implementing reforms in fiscal policy, public financial management, and governance in order to boost economic growth.
"While India has emerged as one of the fastest growing countries in the world, it faces the challenge of addressing widening economic disparities. Bihar is the poorest state in India with about 39 per cent of population living in poverty," The Bank said in a statement.
The First Bihar Development Policy Loan is designed to improve fiscal policy, public financial management and governance.
"It aims to boost economic growth through reforms in agriculture, investment climate, and basic infrastructure, with an emphasis on roads. It will also support improving public service delivery in education and social protection," it said.
"Bihar is a crucial state for poverty reduction and inclusive growth in India," said Isabel Guerrero, World Bank Country Director for India.
Bihar registered the economic growth of 4 per cent in recent years which is much slower than the rest of the country, while the state has 8.5 per cent of India's population, it accounts for only 1.6 per cent of the country's GDP.
"It is India's poorest as well as one of its slowest growing states. But with arable land, water resources, favourable demography, and unexploited tourism potential, Bihar has the necessary preconditions to accelerate development. By focusing on accelerating growth and improving public service delivery, this operation will assist Bihar towards achieving the development goals set out in its Eleventh Plan," she added.
Source : http://timesofindia.indiatimes.com/W...ow/2639492.cms
Once in a kindergarten, a teacher asked all students to write an essay on the topic "A Poor Family". One student gets the lowest marks for writing that essay. The student happens to be the richest girl in the entire class and her essay goes on as.......
She wrote:
Ek baar ek bahut hee gareeb family thi, husband aur wife dono gareeb they, do bachey they, who bhi bahut gareeb they!! Ghar ke saare naukar bhi gareeb they, ghar ka maali, driver, aur guard bhi bahut gareeb they. Ghar ke 4 kuttey bhi gareeb they, 2 din sey chicken nahi khaaya tha. 3 mercedeez car thi, unki bahut time se servicing nahi hui thi, ghar ka A.C bhi theek nahi chalta tha, aur uppar se ghar mein 1 saal se paint nahi hua tha!! Family ko holiday ke liye foregin country gaye bhi 6 mahiney ho gaye they, Ghar ke 5 mein sey 2 TV to chaltey hee nahi they!!!
All in all , bahut hi gareeb family thi!
She wrote:
Ek baar ek bahut hee gareeb family thi, husband aur wife dono gareeb they, do bachey they, who bhi bahut gareeb they!! Ghar ke saare naukar bhi gareeb they, ghar ka maali, driver, aur guard bhi bahut gareeb they. Ghar ke 4 kuttey bhi gareeb they, 2 din sey chicken nahi khaaya tha. 3 mercedeez car thi, unki bahut time se servicing nahi hui thi, ghar ka A.C bhi theek nahi chalta tha, aur uppar se ghar mein 1 saal se paint nahi hua tha!! Family ko holiday ke liye foregin country gaye bhi 6 mahiney ho gaye they, Ghar ke 5 mein sey 2 TV to chaltey hee nahi they!!!
All in all , bahut hi gareeb family thi!
One day, the father of a very wealthy family took his son on a trip
to the country with the
express purpose of showing him how poor people live.
They spent a couple of days and nights on the farm of what would be
considered a very poor family.
On their return from their trip, the father asked his son, "How was the
trip?"
"It was great, Dad."
"Did you see how poor people live?" the father asked.
"Oh yeah," said the son.
"So, tell me, what did you learn from the trip?" asked the father.
The son answered:
"I saw that we have one dog and they had four.
We have a pool that reaches to the middle of our garden and they have
a creek that has no end.
We have imported lanterns in our garden and they have the stars at
night.
Our patio reaches to the front yard and they have the whole horizon.
We have a small piece of land to live on and they have fields that go
beyond our sight.
We have servants who serve us, but they serve others.
We buy our food, but they grow theirs.
We have walls around our property to protect us, they have friends to
protect them."
The boy's father was speechless.
Then his son added, "Thanks Dad for showing me how poor we are."
