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Resource centre on India's rural distress
 
 

In a global first, World Bank funds a zoo in India

-PTI

NEW DELHI: The World Bank usually tames wild economies and helps countries stabilize their fluctuating finances, but in a global first, the banker for the world has gone to a zoo that too in India! This is a new addition in the portfolio of the bank as part of its ever-expanding work on urban regeneration.

A zoo is nothing but a bank of captive animals. In a novel initiative, the World Bank has embraced a zoo for its eco-development!

In Visakhapatnam, the global bank is extending an assistance of $20 million to help reconstruct the Indira Gandhi Zoological Park (IGZP), which got devastated during cyclone Hudhud. This is part of the $370 million Andhra Pradesh Disaster Recovery Project for which the bank is extending assistance of $250 million from 2015-2020.

The much-loved Vizag zoo is nestled in the picturesque Eastern Ghats. It sees an annual footfall of about 8 lakh people and was set up in 1972 and shot into fame because it had some aviaries designed by the legendary ornithologist Salim Ali, the 'bird man of India'.

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The Times of India, 17 January, 2016