Strengthening Domestic Resource Mobilization and Public Financial Management (ADB-57235-001)

  • South Asia
Geographic location where the impacts of the investment may be experienced.
  • India
Geographic location 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
Stage of the project cycle. Stages vary by development bank and can include: pending, approval, implementation, and closed or completed.
Bank Risk Rating
Environmental and social categorization assessed by the development bank as a measure of the planned project’s environmental and social impacts. A higher risk rating may require more due diligence to limit or avoid harm to people and the environment. For example, "A" or "B" are risk categories where "A" represents the highest amount of risk. Results will include projects that specifically recorded a rating, all other projects are marked ‘U’ for "Undisclosed."
Voting Date
Feb 5, 2024
Date when project documentation and funding is reviewed by the Board for consideration and approval. Some development banks will state a "board date" or "decision date." When funding approval is obtained, the legal documents are accepted and signed, the implementation phase begins.
A public entity (government or state-owned) provided with funds or financial support to manage and/or implement a project.
  • Law and Government
The service or industry focus of the investment. A project can have several sectors.
Investment Type(s)
Advisory Services
The categories of the bank investment: loan, grant, guarantee, technical assistance, advisory services, equity and fund.
Investment Amount (USD)
$ 0.50 million
Value listed on project documents at time of disclosure. If necessary, this amount is converted to USD ($) on the date of disclosure. Please review updated project documents for more information.
Grant Amount (USD)
$ 0.50 million
Value listed on project documents at time of disclosure. If necessary, this amount is converted to USD ($) on the date of disclosure. Please review updated project documents for more information.
Bank Documents
Primary Source

Original disclosure @ ADB website

Updated in EWS Apr 1, 2024

Disclosed by Bank Feb 5, 2024

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Project Description
If provided by the financial institution, the Early Warning System Team writes a short summary describing the purported development objective of the project and project components. Review the complete project documentation for a detailed description.

The Knowledge and Support Technical Assistance (TA) through this propose project aims to strengthen domestic resource mobilization and public financial management in India. It will undertake technical and analytical studies to increase the effectiveness of public spending while reducing fiscal risks to India's macroeconomic environment. The TA will also develop knowledge solutions on mobilization of private sector resources, including through viable public-private partnership frameworks and monetization of existing relevant assets. The TA will support capacity development, including at the level of state government and urban local bodies.

The TA intends to provide upstream knowledge support to the crosscutting thematic priority on domestic resource mobilization and public financial management in ADB's India Country Partnership Strategy (CPS) 2023-2027. The TA is in line with the Country Knowledge Plan (CKP) in which knowledge support is envisaged across all three major pillars (such as attracting market finance for greenfield projects and knowledge management for urban finance projects, raising capabilities of government departments for raising green finance, and financing for housing economically weaker sections) and focus on public financial management to increase capacity across the government to make capital investments and attract private capital, and strengthen financial management of urban local bodies. The TA is also consistent with the focus of ADB Strategy 2030 on providing relevant knowledge products and services as per the needs of the country and strengthen its institutional capacity. The TA will enable ADB to proactively engage with government agencies at national, state and local levels on their strategic priorities and challenges faced in relation to public financial management and domestic resources mobilization, and undertake operationally relevant analytical studies to assist in formulation of the reform agenda and design innovative knowledge solutions tailored to its needs, including in key areas like urban finance.

The TA will also support innovative solutions in Indian context to strengthen financial sector and domestic resource mobilization.

The TA would complement ADB's strategic approach to engagement with the state governments, which includes strong upstream support. This TA would complement the existing strategic approach by providing upstream knowledge solutions on key public finance issues being faced by states and other local agencies.


Investment Description
Here you can find a list of individual development financial institutions that finance the project.

Contact Information
This section aims to support the local communities and local CSO to get to know which stakeholders are involved in a project with their roles and responsibilities. If available, there may be a complaint office for the respective bank which operates independently to receive and determine violations in policy and practice. Independent Accountability Mechanisms receive and respond to complaints. Most Independent Accountability Mechanisms offer two functions for addressing complaints: dispute resolution and compliance review.
Responsible ADB Officer Goyal, Chinmaya
Responsible ADB Department South Asia Department
Responsible ADB Division India Resident Mission (INRM)
Executing Agencies
Department of Economic Affairs, Ministry of Finance


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