State Road Safety Incentive Program (ADB-53336-001)

Countries
  • India
Where the impacts of the investment may be experienced.
Specific Location
Assam, Bihar, Chhattisgarh, Karnataka, Madhya Pradesh, Maharashtra, Tamil Nadu, Uttar Pradesh
Whenever identified, the area within countries where the impacts of the investment may be experienced. Exact locations of projects may not be identified fully or at all in project documents. Please review updated project documents and community-led assessments.
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
C
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
  • Construction
  • Transport
The service or industry focus of the investment. A project can have several sectors.
Investment Type(s)
Fund, Loan
The categories of the bank investment: loan, grant, etc.
Investment Amount (USD)
$ 502.00 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)
$ 500.00 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 Mar 6, 2020

Disclosed by Bank Oct 11, 2019


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Project Description

As per Bank detail The SRSIP will provide incentives by way of grant funds to eight focus states, for progressive improvement of effective road safety. A dynamic ranking system, based on monthly and yearly performance, in road safety interventions, will be set in place for the states. The indicators for measuring performance will be at outcome levels for accident fatalities, as well as identified interventions covering institutional, accident risk mitigation, accident response, and awareness. Subject to specified metrics being achieved, MORTH would pass on ADB's financial assistance and funds from its budgetary sources as a grant to the states.

 

Investment Description
  • Asian Development Bank (ADB)
Contact Information

 

Responsible ADB Officer P. V. Ravi
Responsible ADB Department South Asia Department
Responsible ADB Division Transport and Communications Division, SARD
Executing Agencies
Ministry of Road Transport and Highways
Transport Bhavan
Room 509

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