Jharkhand Opportunities for Harnessing Rural Growth Project (WB-P158798)

Regions
  • South Asia
Where the impacts of the investment may be experienced.
Countries
  • India
Where the impacts of the investment may be experienced.
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
Approved
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 26, 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
Government of India
The holder of the loan, grant, or other investment.
Sectors
  • Agriculture and Forestry
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)
$ 100.00 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)
$ 100.00 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)
$ 143.00 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 Jul 7, 2018

Disclosed by Bank Jul 11, 2016


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Project Description

According to WB website, the project aims to enhance and diversify household income in select farm and non-farm sectors for targeted beneficiaries in project areas. The project comprises of three components: 

Component 1. Diversified and Resilient Production and Value Addition which will support collectives of small producers and interventions for diversification, intensification and value addition in the selected sub-sectors of high-value agriculture, livestock, non-timber forest produce, fisheries and irrigation. 

Component 2. Involve support for promoting market access and private sector participation, fostering skill development relevant to the focus value chains and facilitating the development of pro-poor agricultural finance systems.

Component 3. Project and knowledge management objective is to establish project management and facilitate strong knowledge management. 

Investment Description
  • World Bank (WB)
Contact Information

eam Leader: Priti Kumar

Senior Agricultural Specialist, World Bank

No contact information provided at the time of disclosure.

 

Team Leader: Grant Milne

Senior Natural Resources Management Specialist, World Bank

No contact information provided at the time of disclosure. 

 

Borrower: Department of Economic Affairs, Ministry of Finance

Rishikesh Singh, Director

Email Address: rishikesh.singh74@nic.in 

 

Implementing Agency: Department of Rural Development, Government of Jharkhand

Nagendra Nath Sinha, Principal Secretary

Email Address: nagendra_nath_sinha@rediffmail.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.