Assam State Public Finance Institutional Reforms (ASPIRe) Project (WB-P157198)

Countries
  • India
Where the impacts of the investment may be experienced.
Specific Location
Assam
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
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.
Voting Date
Jun 15, 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, Government of India
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 Type(s)
Loan
The categories of the bank investment: loan, grant, etc.
Investment Amount (USD)
$ 35.00 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)
$ 44.00 million
Value listed on project documents at time of disclosure. If necessary, converted to USD$. Please see updated project documentation for more information.
Bank Documents
Primary Source

Original disclosure @ WB website

Updated in EWS May 3, 2018

Disclosed by Bank Oct 27, 2016


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Project Description

This project provides financing for improved transparency in budget execution and efficiency in tax administration in Assam. The components of the project include developing public financial management through:

  • strengthening cash and debt management;
  • strengthening public procurement framework and scaling up e-procurement;
  • strengthening public-private partnership framework and institutional capacity;
  • institutional strengthening of finance department;
  •  training and capacity building to implementing departments;

and developing expenditure and revenue information systems through:

  • design of financial management information systems (FMIS);
  • enhancing e-collection and e-payment systems;
  • institutional strengthening in the office of the commissioner of taxes.
Investment Description
  • World Bank (WB)
Contact Information

World Bank:
Contact: Mohan Gopalakrishnan
Title: Sr Financial Management Specia

Borrower/Client/Recipient:
Name: Republic of India
Contact: Mr. Lekhan Thakkar
Title: Director (MI)
Email: lekhan.t@nic.in

Implementing Agencies:
Assam Society for Comprehensive Financial Management System (AS-CFMS)
Contact: Anurag Goel
Title: Commissioner of Tax and Project Director (ASPIRe)
Email: cotassam@yahoo.com

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.