Saturday, 31 January 2015
Last updated 1 day ago
Dec 4 2009 | 9:26am ET
The World Bank will loan India $1 billion over the next five to seven years to clean up the Ganges, one of the world’s most polluted rivers.
The bank will also help India access $4 billion to end the dumping of untreated waste into the holy river, according to a joint statement issued by Indian Environment Minister Jairam Ramesh and World Bank President Rober Zoellick in Delhi.
The Ganges runs 2,510 kilometers from a glacier in the western Himalayas to Bangladesh’s Bay of Bengal.
Sewage, industrial waste and even corpses from riverbank cremations enter the river as it runs through some of India’s most populous states.
The Indian government has planned to end discharge of untreated waste into the Ganges by 2020.
Jan 23 2015 | 1:00pm ET
In our new section, FINtech Focus, we will profile one of these firms each week. While fintech is a broad category, we will be focusing on firms that specifically cater to the alternative investment industry. Read more…