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India Came Out Of Pandemic Relatively Stronger, Says World Bank Chief Ajay Banga

Indian-American Mr Banga, who began his five-year term as World Bank Group President on June 2, 2023, visited a skill centre facility here in Dwarka, where he interacted with students enrolled in various skill development programs

India Came Out Of Pandemic Relatively Stronger, Says World Bank Chief Ajay Banga
The executive directors of the World Bank selected Mr Banga as the 14th President of the Bank for a five-year term in May this year

New Delhi: India has come out of the pandemic relatively stronger, said World Bank chief Ajay Banga, who is currently in India, and noted maintaining the momentum in economy will be the best way to tackle poverty and buoy growth. Indian-American Mr Banga, who began his five-year term as World Bank Group President on June 2, 2023, visited a skill centre facility here in Dwarka, where he interacted with students enrolled in various skill development programs.

The executive directors of the World Bank selected Mr Banga as the 14th President of the Bank for a five-year term in May this year. On being asked to comment on a Niti Aayog report which showed 13.5 crore Indians escaping poverty in past five years, Mr Banga said,

I think India has had an advantage over tackling poverty as its economy has been growing, India had a year or two of challenges during the pandemic, but India has come out of it relatively strong. The best way to tackle poverty is growth in jobs.

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The NITI Aayog report titled ‘National Multidimensional Poverty Index: A Progress Review 2023’ was released on Monday. The report stated as many as 13.5 crore individuals in India moved out of multidimensional poverty between 2015-16 and 2019-21.

Mr. Banga further said the gains made on poverty over the last three to four decades the world over took a little hit due to the pandemic and climate change, and higher debt in some countries.

The best way to drive a nail in the coffin of poverty is growth. And jobs every other way, is you have to provide skilling for those jobs. You have to provide education for those jobs. You have to provide health care for people grow up, Mr Banga said.

India, he noted, is focused on both growth and jobs.

So I’m actually more optimistic today with all the infrastructure investment that has been going on with all the investment with digital and physical infrastructure (here in India), he said.

Also Read: Covid Cases In India Lowest Since February 2020: Union Health Ministry

(This story has not been edited by NDTV staff and is published from a syndicated feed.)

NDTV – Dettol have been working towards a clean and healthy India since 2014 via the Banega Swachh India initiative, which is helmed by Campaign Ambassador Amitabh Bachchan. The campaign aims to highlight the inter-dependency of humans and the environment, and of humans on one another with the focus on One Health, One Planet, One Future – Leaving No One Behind. It stresses on the need to take care of, and consider, everyone’s health in India – especially vulnerable communities – theLGBTQ population,indigenous people, India’s different tribes, ethnic and linguistic minorities, people with disabilities, migrants, geographically remote populations, gender and sexual minorities. In wake of the currentCOVID-19 pandemic, the need for WASH (Water,SanitationandHygiene) is reaffirmed as handwashing is one of the ways to prevent Coronavirus infection and other diseases. The campaign will continue to raise awareness on the same along with focussing on the importance of nutrition and healthcare for women and children, fightmalnutrition, mental wellbeing, self care, science and health,adolescent health & gender awareness. Along with the health of people, the campaign has realised the need to also take care of the health of the eco-system. Our environment is fragile due to human activity, which is not only over-exploiting available resources, but also generating immense pollution as a result of using and extracting those resources. The imbalance has also led to immense biodiversity loss that has caused one of the biggest threats to human survival – climate change. It has now been described as a “code red for humanity.” The campaign will continue to cover issues likeair pollution,waste management,plastic ban,manual scavengingand sanitation workers andmenstrual hygiene. Banega Swasth India will also be taking forward the dream of Swasth Bharat, the campaign feels that only a Swachh or clean India wheretoiletsare used andopen defecation free (ODF)status achieved as part of the Swachh Bharat Abhiyan launched byPrime Minister Narendra Modiin 2014, can eradicate diseases like diahorrea and the country can become a Swasth or healthy India.

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