Uttarakhand Workforce Development Project (WB-P154525)

Countries
  • India
Where the impacts of the investment may be experienced.
Specific Location
State of Uttarakhand
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
  • World Bank (WB)
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.
Voting Date
Dec 9, 2015
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
DEPARTMENT OF ECONOMIC AFFAIRS - India
The holder of the loan, grant, or other investment.
Sectors
  • Education and Health
  • Technical Cooperation
The service or industry focus of the investment. A project can have several sectors.
Investment Type(s)
Loan
The categories of the bank investment: loan, grant, etc.
Investment Amount (USD)
$ 74.00 million
Value listed on project documents at time of disclosure. If necessary, converted to USD$. Please review updated project documents for more information.
Currency conversion note:
Bank reported
Converted using 2015-12-09 exchange rate.
Project Cost (USD)
$ 89.00 million
Value listed on project documents at time of disclosure. If necessary, converted to USD$. Please see updated project documentation for more information.
Currency conversion note:
Bank reported
Converted using 2015-12-09 exchange rate.
Primary Source

Original disclosure @ WB website

Updated in EWS Jul 21, 2017

Disclosed by Bank Nov 30, 2015


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Project Description
This project funds vocational training in Uttarakhand. The project will examine results-based financing of various training initiatives, provide training to those most hard to reach and most likely to be left out of the formal economic sector, and enhance the administrative capacity of officials overseeing the program.
Investment Description
  • World Bank (WB)
Contact Information
World Bank: Contact: Shinsaku Nomura Title: Senior Economist Tel: 473-7688 Email: snomura@worldbank.org Borrower/Client/Recipient: Name: Department of Economic Affairs, Ministry of Finance Contact: Mr. Bhaskar Dasgupta Title: Director, MI Division Tel: 91-11-23092883 Email: bhaskar.dasgupta@nic.in Implementing Agencies: Name: Ministry of Labour and Employment Contact: Alok Kumar Title: DG (E&T) & JS Tel: 2371044623473103 Email: alokkumar@nic.in ACCOUNTABILITY MECHANISM OF WORLD BANK The World Bank Inspection Panel is the independent complaint mechanism and fact-finding body for people who believe they are likely to be, or have been, adversely affected by a World Bank-financed project. If you submit a complaint to the Inspection Panel, they may investigate to assess whether the World Bank is following its own policies and procedures for preventing harm to people or the environment. You can contact the Inspection Panel or submit a complaint by emailing ipanel@worldbank.org. You can learn more about the Inspection Panel and how to file a complaint at: http://ewebapps.worldbank.org/apps/ip/Pages/Home.aspx.