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World Bank President Ajay Banga, Odisha CM Discuss Deepening Cooperation in Infrastructure, Skills and Inclusive Growth

by Economy India
January 29, 2026
Reading Time: 3 mins read
World Bank President Ajay Banga, Odisha CM Discuss Deepening Cooperation in Infrastructure, Skills and Inclusive Growth

World Bank President Ajay Banga, Odisha CM Discuss Deepening Cooperation in Infrastructure, Skills and Inclusive Growth

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BHUBANESWAR (Economy India): Odisha Chief Minister Mohan Charan Majhi on Thursday held high-level talks with World Bank Group President Ajay Banga, focusing on strengthening cooperation across key development sectors, including infrastructure, human capital, social outcomes, and youth skilling.

The meeting took place at the state secretariat Lokseva Bhavan, underscoring Odisha’s growing engagement with multilateral financial institutions to accelerate long-term, inclusive, and sustainable growth.

World Bank President Ajay Banga, Odisha CM Discuss Deepening Cooperation in Infrastructure, Skills and Inclusive Growth
World Bank President Ajay Banga, Odisha CM Discuss Deepening Cooperation in Infrastructure, Skills and Inclusive Growth

Focus on Inclusive and Sustainable Development

Sharing details of the interaction, Chief Minister Majhi described the discussion as “productive” and forward-looking. In a post on social media platform X, he highlighted the state’s intent to deepen collaboration with the World Bank in areas that directly impact economic resilience and social equity.

“We discussed strengthening cooperation in key sectors, promoting inclusive and sustainable growth, enhancing infrastructure, improving social outcomes, and skilling our youth for jobs,” Majhi said.

The talks come at a time when Odisha is positioning itself as a leading destination for investment-driven development, while simultaneously prioritising welfare-led growth and employment generation.

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Infrastructure and Human Capital at the Core

According to officials familiar with the discussions, infrastructure development — including urban services, transport connectivity, and climate-resilient assets — featured prominently during the meeting. The World Bank has been a long-standing partner in Odisha’s development journey, supporting projects in disaster resilience, rural livelihoods, healthcare, and education.

Skilling and employment-linked education initiatives also emerged as a key focus area, reflecting the state’s emphasis on preparing its youth for future job markets amid rapid technological and economic transformation.

Aligning Global Expertise with State Priorities

Ajay Banga’s visit signals the World Bank Group’s continued interest in working closely with Indian states to translate global best practices into locally relevant development models. Odisha’s experience in managing natural disasters, expanding social protection, and improving governance outcomes has often been cited as a case study at national and international platforms.

The meeting is expected to pave the way for deeper institutional engagement, including technical assistance, financing support, and policy advisory services aligned with Odisha’s medium- and long-term development goals.

Strategic Timing Amid India’s Growth Push

The interaction also gains significance as India pushes for higher-quality growth driven by infrastructure expansion, skill development, and inclusive social policies. State-level partnerships with institutions like the World Bank are increasingly seen as critical to achieving these objectives on the ground.

Further details on potential project collaborations and sector-specific initiatives are expected to emerge in the coming weeks.

(Economy India)

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Source: Economy India
Tags: Ajay Banga India visitGlobal development finance IndiaInclusive growth IndiaIndia World Bank cooperationOdisha Chief Minister World BankOdisha infrastructure developmentSustainable development OdishaWorld Bank OdishaYouth skilling India
Economy India

Economy India

Economy India is one of the largest media on the Indian economy. It provides updates on economy, business and corporates and allied affairs of the Indian economy. It features news, views, interviews, articles on various subject matters related to the economy and business world.

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