IT and Capacity Building Support for Project Development and Management at the Department of Economi (ADB-53073-001)

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
Active
Bank Risk Rating
U
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.
Voting Date
Feb 21, 2019
The estimate day the bank will vote on a proposed investment. The decision dates may change, so review updated project documents or contact the EWS team.
Borrower
Government of India
The holder of the loan, grant, or other investment.
Sectors
  • Communications
  • Technical Cooperation
The service or industry focus of the investment. A project can have several sectors.
Investment Type(s)
Grant
The categories of the bank investment: loan, grant, etc.
Investment Amount (USD)
$ 0.23 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 Mar 11, 2019

Disclosed by Bank Feb 21, 2019


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Project Description

According to bank website, the project aims to "strengthen the institutional capacity of Department of Economic Affairs, Ministry of Finance (DEA) by augmenting its efficiency in preparing and implementing developmentally critical and feasible projects. The TA will enhance DEA's capacity and system by enhancing the already existing information technology (IT)-based project management system, and providing hands-on assistance to enable real-time monitoring of projects over the entire cycle. The support will improve project readiness by promptly identifying delays and undertaking corrective measures to address bottlenecks and reduce the entailed financial costs (such as commitment charges)."

Investment Description
  • Asian Development Bank (ADB)
Contact Information

Responsible ADB Officer Jeong, Hoe Yun
Responsible ADB Department South Asia Department
Responsible ADB Division India Resident Mission
Executing Agencies Asian Development Bank
6 ADB Avenue,
Mandaluyong City 1550, Philippines 

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