National Rural Economic Transformation Project ( Additional Financing to National Rural Livelihoods (WB-P166745)

Countries
  • India
Geographic location 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
Active
Stage of the project cycle. Stages vary by development bank and can include: pending, approval, implementation, and closed or completed.
Bank Risk Rating
B
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
Apr 26, 2018
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.
Borrower
Government of Republic of India
A public entity (government or state-owned) provided with funds or financial support to manage and/or implement a project.
Sectors
  • Finance
  • Law and Government
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, guarantee, technical assistance, advisory services, equity and fund.
Investment Amount (USD)
$ 250.00 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.
Project Cost (USD)
$ 500.00 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 @ WB website

Updated in EWS Sep 9, 2019

Disclosed by Bank Feb 26, 2018

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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.

According to website of the World Bank, the project aims to establish efficient and effective institutional platforms to increase household income for rural poors in 100 districts of 13 states in India through additional financing of National Rural Livelihoods Project.

The activties of the project are covered under the following four components.

Component 1: Institutional and Human Capacity Development

This component will continue to finance technical assistance consultancies, human resources, training and development of training material/approaches. Financing under this component will endeavor to place skilled professionals to work with National Rural Livelihood Mission (NRLM) at the national, state and district levels.

Component 2: State Livelihood Support

The activities to be financed under this component will remain essentially the same but with further refinements to focus on the next generation institutional and investment support. 

Component 3: Innovation and Partnership Support

The component will finance pilot initiatives and technical assistance consultancies that support innovative livelihoods activities in agriculture, livestock and youth employment for rural households.

Component 4: Project Implementation Support

This component will continue to strengthen the National Mission Management Unit for effective project management at the national level, finance the Monitoring and Evaluation activities and ICT initiatives.

The proposed objective of the project is 'to establish efficient and effective institutional platforms of the rural poor that enable them to increase household income through sustainable livelihood enhancements and improved access to financial and selected public services'.

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.

World Bank
Gayatri Acharya
Lead Rural Development Economist
Vinay Kumar Vutukuru
Sr Agricultural Spec.

Borrower/Client/Recipient
DEA

Implementing Agencies
National Rural Livelihood Mission
Atul Dulloo
Joint Secretary and Mission Director
jsrl-mord@gov.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.

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How it works