World Bank President Jim Yong Kim in India today

June 28, 2016 08:09

World Bank President Jim Yong Kim will arrive in New Delhi today on a two-day visit to explore knowledge and financing opportunities, as also to understand India's efforts on renewable energy and nutrition.

"I am very impressed with Prime Minister Narendra Modi's reforms, and on this trip I want to explore how the World Bank could provide knowledge and financing to advance his government's priorities. We will do all we can to best support India's ambitious development agenda," a World Bank statement quoted Kim as saying.

India is the world's fastest growing economy and also home to 26 per cent of the global extreme poor, the World Bank president said, adding "This means India has a great opportunity to make strong and sustained inroads to reducing poverty and to help lead the world in ending extreme poverty by 2030."

During his visit, Kim will meet Modi and Finance Minister Arun Jaitley in Delhi.

The statement added that during his visit Kim will seek Indian government's help in dealing with endemic problems like malnutrition and reiterate the Bank's strong support to India's stated commitments to increase its reliance on renewable energy sources.

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