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A beautiful city..
Yes !!!it was 26jan 2001,when earthquake shook bhuj and other parts of gujarat
Do you think it was possible without global aid ,to recover from the aftermath??????
National Economic planning Global Aid for development is a chimera-it brings no substantial change (Against the Topic)
By Divya Patel Pankaj Bhole Debojit Roy Sumit Chandnani
The Amount of loan for Gujarat Earthquake Rehabilitation and Reconstruction Project is US$ 500 million. The applications of the funds is way ahead of the projected target. ADB financed government of Gujarat-NGO partnership housing covered 286 villages in 12 districts.
180 public consultations were held to facilitate urban planning and relocation activities. About 3,600 km of major district roads and village access roads in 12 districts were rehabilitated and upgraded by the Roads and Building Department.
Before
After
1st- World Bank providing $1.2 billion loan of credit to the infrastructure finance company ltd.
2nd is that its also providing $ 1 billion to power grid Click to edit Master subtitle style corporation to expand its interstate transmission network.
World Bank has major investor in transport sector. Currently 10 projects which includes 7 State projects, 1 each for national highway and ruralurban with an total loan is $ 3.48 billion. Total demand for Infrastructure investment during the 11th five year pan (2007-2011) has been estimated to $492.5 billion.
Sectors
Percentage change
%
111.3 140.1 189.3 206.4 65.4 211.5 1284.6 304.8 139.1 138.1 145.6
Electricity Roads & Bridges Telecom Railways Irrigation Water & Sanitation Ports Airports Storage Gas Total
70.5 31.7 22.5 20.3 32.1 15.6 1.3 2.1 2.3 2.1 200.5
With this, the World Bank's current India portfolio consists of 65 active projects with total commitment of just under $19 billion. World bank has lent a record $9.3 billion to India in FY 2010.
The Global Fund is a unique global public/private partnership dedicated to attracting and disbursing additional resources to prevent and treat HIV/AIDS, tuberculosis and malaria.
The Geneva-based Global Fund, signed healthcare agreements worth over $244 million with India this month.
Vision a world free of the burden of AIDS, TB and malaria. Lifesaving medicines for people living with HIV were priced out of reach for more than 90 %, Global movement to reduce the cost of essential medicines
Distribution of Money The chart below gives the Results distribution of funding by Service Delivery Area for all grants and each of the three diseases using actual Top three expenditure of grants. indicator
results
Achieved
Percent Results increase mid-2010 from end2009 12%
HIV: People on ARV 2,800,000 treatment TB: Treatment 7,000,000 under DOTS MALARIA: ITNs distributed 122,000,0 00
17%
17%
The Global Fund contributes to developing tools and guidelines for countries to measure the efficiency and effectiveness of their interventions against the three diseases.
The cost of surgery in India, Thailand or South Africa can be one-tenth of what it is in the United States or Western Europe.
Indias medical tourism sector is expected to experience an annual growth rate of 30%.
Increase of 15 percentage points in the proportion of births assisted by skilled birth attendants.
CSH - Child Survival and Health DA - Development Assistance ESF - Economic Support Funds GHAI - Global HIV/AIDS Initiative
The Central Institute of Agricultural Engineering has developed more compact, lighter versions of common farming tools.
IFFCO Kisan Sanchar Limited , through Airtel's mobile platform, provides mobile services to farmers.
Pioneer Hi-Bred International, has been developing and providing hybrid seed for farmers in India.
Mahindra & Mahindra has developed the Yuvraj 215.Since 2008 Mahindra has partnered with USAID to extend Network to small rural areas.
ITC has developed the e-Choupal innovation to address agricultural challenges: fragmented farms, weak infrastructure, and numerous intermediaries.
USAID with Catholic Relief Services, is boosting enrollment and retention rates for girls.
Through the USAID/Craftslink India, low-income women handicraft producer groups are developing their information technology capacity.
Helpage and IFDC are improving access to remote areas with high agricultural potential to develop cross-border trade. CATALIST is increasing food security, reducing poverty and improving regional collaboration . On the combined road rehabilitation and environmental protection project sites, 8,926 people were employed
I am a farmer. I used to grow beans, sweet potato and cassava, says Liberatte Siyonarera, an 18-year-old woman from Burundi working at the Mparamirundi-Buvumo road project site. It was once impassable but rehabilitation of the road will facilitate the movement of goods and services and enhance trade between Burundi and Rwanda while providing jobs for farmers like Siyonarera. I have been working here for the past five months, Siyonarera says. With my pay, I was able to buy a cow that produces milk for my family and manure for our farm. I can also afford to buy clothes and other things that I like.
Eradicate extreme poverty and hunger. Reduce child mortality Achieve universal primary education Develop a global partnership for development
World Bank assisted Karnataka Urban Water Sector Improvement Project (KUWASIP)
37
Project Details
Core of the project is a performance based contract with private sector firm for rehabilitation. Demonstration Zones. The role of private sector is limited to demonstration of improved service. Assets remain with ULBs, no investment risk to PSP, no role in tariff fixation & bill collection Though the PSP would develop a computerized billing & collection software system.
38
Project Details
contd..
Project Cost:
World Bank loan GoK contribution Total project cost Rs. 182.00 crores Rs. 55.00 crores Rs. 237.00 crores
39
Status Of Project
8 Priority Investment works for augmenting bulk water supply completed and commissioned. Laying of distribution network in 5 Demo Zones completed. House service connections - completed. All the five DZs operationalised and O&M phase commenced on 3rd April 2008. Expenditure as on 31st January 2009 Rs 172 Crores.
40
Demonstration Project
Sl. No. 1. 2. Demo Zone Belgaum (South) Belgaum (North) No. of Wards. 5 5 Target (Nos.) 3610 3510 Achievement (Nos.) 4216 3909
3.
Hubli
6410
7258
4.
Dharwad
4900
5581
5.
Gulbarga
11
4020
3201
6.
Total
29
22450
24165
41
Foreign aid has helped to raise the level of investment. -ROI has be increased from 10% to >36% of NI as per data available till Jan2009.
Aid used to stabilize food prices & import rate materials. Aid to use enlarge technical resources.
Aid to develop petro-chemical and electronic industry. Aid for improving transport. Aid used for enlargement of irrigation system.
Study carried out by University of Florida on effect of Global Aid on GDP. Specification of Model -examine the relationships between foreign aid and per capita GDP growth. -using panel least squares estimation method. Results when the model was estimated for different income levels, foreign aid variable has a positive sign in three out of four cases, indicating that foreign aid appears to have a positive effect on economic growth in developing countries.
India Should make agreements for external assistance with agencies charging lower rate of interests. Quantum of foreign Aid should be reduced. Need of optimum utilization of aid and efficient execution of projects.
Comments by Expert
If global aid is used productively and efficiently, it could raise the social infrastructure, hence quality of the human resounce (population), and the Human Development Index of India and in the long run help narrow the rich poor gap through inclusive growth. This would ultimately lead to greater per capita income and probably greater revenue for the government too.. Dr Shubhada Sabade, a Columnist in Economic Times and Financial Express and Visiting Faculty at Symbiosis and IIPM
Effective utilization of foreign aid has positive impact on economy. Lots of work are still needed to be done in all the sectors, cases shown in the presentation shows the success stories of various projects completed in various countries . Facts shows that there had been significant development in various fields such as poverty decline ,boost literacy, controlling & managing spreading of fatal diseases & Infrastructural development.
Books:Indian Economy Ruddar Datt K.P.M Sundharam The World Bank Legal Review Martinus Nijhoff Publishers Web References :www.dfid.gov.uk. www.globalfund.org. www.worldbank.org.in www.imf.org