Himachal Pradesh Public Financial Management Capacity Building Program (WB-P156687)

Countries
  • India
Where the impacts of the investment may be experienced.
Specific Location
Himachal 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
  • 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
Active
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
May 17, 2017
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, MINISTRY
The holder of the loan, grant, or other investment.
Sectors
  • Finance
  • Law and Government
  • Technical Cooperation
The service or industry focus of the investment. A project can have several sectors.
Investment Amount (USD)
$ 36.00 million
Value listed on project documents at time of disclosure. If necessary, converted to USD$. Please review updated project documents for more information.
Project Cost (USD)
$ 45.00 million
Value listed on project documents at time of disclosure. If necessary, converted to USD$. Please see updated project documentation for more information.
Primary Source

Original disclosure @ WB website

Updated in EWS Dec 12, 2017

Disclosed by Bank Jan 1, 2017


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Project Description
This project finances the Public Financial Management program which aims to: improve efficiency of the financial department in an enhanced control environment, increase efficiency and performance through better contract management, and unlock revenue potential through modernization of the excise and taxation department.
Investment Description
  • World Bank (WB)
Contact Information
World Bank: Contact: Mr. Tanuj Mathur Title: Sr. Financial Management Specialist Tel: 91 11 41479256 and 41479301 Email: tmathur@worldbank.org Borrower/Client/Recipient: Contact: Mr. Lekhan Thakkar Title: Director (MI), Department of Economic Affairs Tel: 91 11 23094193 Email: lekhan.t@gov.in Implementing Agencies: Contact: Dr. Shrikant Baldi Title: Additional Chief Secretary, Finance Tel: 91 77 2620043 Email: shrikantbaldi@yahoo.co.uk 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.