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

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
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
Apr 26, 2018
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 Republic of India
The holder of the loan, grant, or other investment.
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, etc.
Investment Amount (USD)
$ 250.00 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)
$ 500.00 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 Sep 9, 2019

Disclosed by Bank Feb 26, 2018


Contribute Information
Can you contribute information about this project?
Contact the EWS Team

Project 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
  • World Bank (WB)
Contact Information

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.