The World Bank is finalising a fresh deal with India to almost double its lending commitment from $1.2 billion now to $ 2.5-3 billion a year over the next four years.
An informal memorandum of understanding might be signed with the finance ministry in due course, senior World Bank officials said.
According to them, the series of meetings over the last few days here and earlier in New Delhi have identified infrastructure as the key sector to put India in the high growth orbit.
The World Bank