Maharashtra Rural Connectivity Improvement Project (ADB-52328-001)

Countries
  • India
Where the impacts of the investment may be experienced.
Financial Institutions
  • Asian Development Bank (ADB)
International, regional and national development finance institutions. Many of these banks have a public interest mission, such as poverty reduction.
Project Status
Proposed
Bank Risk Rating
B
Risk rating varies among banks and may refer only to the particular investment and not to the risk for the project as a whole. Projects marked 'U' have an 'Unknown' risk rating at the time of disclosure.
Borrower
Government of India
The holder of the loan, grant, or other investment.
Sectors
  • Agriculture and Forestry
  • Transport
The service or industry focus of the investment. A project can have several sectors.
Investment Amount (USD)
$ 200.00 million
Value listed on project documents at time of disclosure. If necessary, converted to USD$. Please review updated project documents for more information.
Loan Amount (USD)
$ 200.00 million
Value listed on project documents at time of disclosure. If necessary, converted to USD$. Please review updated project documents for more information.
Primary Source

Original disclosure @ ADB website

Updated in EWS Feb 15, 2019

Disclosed by Bank Feb 7, 2019


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Project Description

According to the bank website, "the project will improve about 2,700 km of rural roads to all-weather standards. This improvement will support rural populations across 34 districts and help bolster the agriculture sector. The project will also support the government's agricultural strategy for increasing agricultural productivity by (i) encouraging commercial agriculture and agribusiness development, (ii) increasing employment opportunities for rural poor people, and (iii) reducing the state's poverty incidence."

Investment Description
  • Asian Development Bank (ADB)
Private Actors
Contact Information

Responsible ADB Officer Ranawana, Sanath
Responsible ADB Department South Asia Department
Responsible ADB Division Environment, Natural Resources & Agriculture Division, SARD
Executing Agencies
Maharashtra State Power Generation Company Limited
Prakashgad, Plot No. G9, A.K. Marg
Bandra (East), Mumbai-400 051

India Rural Development Department, Government of Maharashtra
Bandhkam Bhavan, 25, Mezban Path,Fort,
Ballard Estate, Fort, Mumbai,Mahrashtra
400001, India

ACCOUNTABILITY MECHANISM OF ADB

The Accountability Mechanism is an independent complaint mechanism and fact-finding body for people who believe they are likely to be, or have been, adversely affected by an Asian Development Bank-financed project. If you submit a complaint to the Accountability Mechanism, they may investigate to assess whether the Asian Development Bank is following its own policies and procedures for preventing harm to people or the environment. You can learn more about the Accountability Mechanism and how to file a complaint at: http://www.adb.org/site/accountability-mechanism/main