Thursday, 17 March 2016

India inks $35 million loan agreement with World Bank for Madhya Pradesh project

India has signed loan agreement of $35 million with the World Bank(WB) for Madhya Pradesh (MP) citizen access to responsive services project. The loan has been sanctioned by World Bank’s concessionary lending arm International Development Association (IDA).
Key facts:


  • The project size is $50 dollars, of which $35 million will be financed by the World Bank and the remaining amount will be funded out of State Budget.

  • The objective of the project is to improve access and quality of public services in the state through implementation of the Public Service Delivery Guarantee Act, 2010.

  • It is expected to deliver key results in terms of improving access to services or citizen outreach, performance management, simplification of govt.

  • services & strengthening the capacity of implementing agencies. The duration of the project is Five years.

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India inks $35 million loan agreement with World Bank for Madhya Pradesh project

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