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August 2011

From Tribal Hamlet to Financial Consultancy...

Meera Shenoy's picture

It has been a long journey for Shekar Nalla –from a small tribal village in Andhra Pradesh, India to selling insurance products in the metropolitan city of Hyderabad.

Shekar’s family lived a hand to mouth existence, and he thought that maybe someday in the future he would earn Rs. 24,000 (US$400) per year. But now, Shekar earns Rs. 156,000 (US$3000) annually through his new job with an insurance company.

His widowed mother no longer has to struggle because Shekhar sends her Rs. 60,000 (US$1500) a year. With his new job the status of the family has risen among the village headman and higher caste members, especially when he sent home a colored Samsung TV—the first in his village. “Richer relatives who avoided us, call me saying, ‘Shekar can you show me a job’,” said Shekhar.

The United Nations commemorated the International Year of Youth from August 11, 2010 to August 11, 2011. To promote youth participation towards progress and development, the Rural Livelihoods team at the World Bank has put youth like Shekar Nalla at the forefront of poverty reduction and maximizing rural growth.

And the Youth Delegates are...

Joe Qian's picture

A huge thanks to everyone who participated in the Annual Meeting South Asia Youth Delegates competition!

With so many fascinating and well qualified applicants, it was truly difficult to narrow them down. After days of rigorous review and deliberations, we'd like the candidates below to join us.

No matter what, we would like to continue working together with all of you on different initiatives going forward. Please let us know your thoughts and how we can work together in the near future. Thank you! 

Sri Lanka is Still Young! Join us at World Bank Sri Lanka’s Youth Open House!

Dilinika Peiris's picture

Are you between 18 – 30 years of age?

Are you interested in a career in development practice?

Are you engaged in or would like to engage with a youth network working on Youth related development issues?

If yes, join us at the World Bank Sri Lanka Youth Open House, interact with World Bank staff and learn more…

Date: September 1, 2011

Venue: First Floor Conference Room, World Bank Colombo Office, 1st Floor- DFCC Bank building, 73/5, Galle Road Colombo 3

Please note: space is limited and admission will be on first come first serve basis. If you plan to attend, please send a request with a brief introduction to infosrilanka@worldbank.org by 4:00 p.m. on Monday August 29, 2011. Please clearly indicate the session/sessions you would like to attend. We will then send you a gate pass to attend confirming your participation.

Join us to Discuss Bangladesh's Economic Prospects!

Naomi Ahmad's picture

We've launched a two-day online discussion on Bangladesh's Economic Growth at the World Bank Bangladesh Facebook page. Through the online discussion, we hope to initiate dialogue with you on Bangladesh's economy, the possibilities and the binding constraints for its continued growth.

Our economists will answer your questions and moderate the discussion. We encourage you to share your thoughts or ask questions on these pertinent issues and are looking forward to hosting more discussions on different themes.

Join us, leave comments, and invite your friends!

What? Bangladesh's Economic Growth: How can Bangladesh can embark on its journey towards higher growth?

When? August 25 and 26, 2011

Where? World Bank Bangladesh on Facebook

Let us know what you think!

How Many More Bangladeshis are Now Breaking out of Poverty?

Naomi Ahmad's picture

Bangladesh reduced poverty from 40 percent to 31.5 percent between 2005 and 2010, according the new Household Income & Expenditure Survey (HIES) 2010. Progress can also be seen in other dimensions of development.

The HIES is a major source of socio-economic information at the household level in Bangladesh. It provides data on household expenditure, income, consumption, savings, housing conditions, education, employment, health, sanitation, water supply, electricity usage, etc.

Celebrate the International Year of Youth: Experience the Joy of Learning

Meera Shenoy's picture

“My brother and I quarrel sometimes. One time, he wanted to listen to Telugu songs and I wanted to listen to Hindi songs on our new FM radio. We both grabbed and pulled the radio and it broke. We ran to the terrace to hide. We were frightened that our father would scold us so we went to sleep without eating. My brother left early morning. I heard my mother telling father what had happened. His only response was, ‘It’s OK. We can buy a new one.’ I jumped out of bed happy.”

Saroja told me this story about when describing her life in English. She is an 11th grade student in an Andhra Pradesh Social Welfare Educational Residential Institutions Society (APSWREIS) School which serves talented and meritorious poor children belonging to scheduled castes, so they can benefit from quality education. The program, APSWREIS which has many dalit children, was established by the Social Welfare Department of the Government of Andhra Pradesh is supported by the World Bank for infrastructure improvement through the Andhra Pradesh District Poverty Initiatives Project and Rural Poverty Reduction Project.

Wanted: South Asian Youth Leaders who want to make a Difference!

Joe Qian's picture

Update: The participants have been announced!

Thank you so much for the overwhelming interest and applications that you've sent. If you were not selected, we will continue to work together on sharing the ideas in your essays that you've submitted over the next few months. Thanks again! 


Are you from a South Asia Region (SAR) country, 18-25 years old and engaged in youth activities and development initiatives? 

Apply to join the World Bank & IMF’s Annual Meetings from September 23-25, 2011 in Washington DC, USA.

Application deadline: August 19, 2011. Details below.

How do Projects Implemented by Beneficiary Communities Save Time and Costs?

Kalesh Kumar's picture

In 2010, under the nationwide Elementary Education Program called Sarva Siksha Abhiyan (SSA), an education committee in Bhagwan Garhi in the Aligarh district of Uttar Pradesh, India completed the construction of an eight classroom school for the cost of $80 per square meter, whereas the cost incurred for a contractor lead construction of a comparable school structure in the nearby district of Lucknow was $124 per square meter.

According to review reports, the Community Beneficiary Committee in Bhagwan Garhi had completed the work drawing labor from the community and buying the required amount of materials at a lower rate with technical guidance from the district level engineer.

How does this happen?