Odisha State Capability and Resilient Growth (WB-P172172)

Countries
  • India
Where the impacts of the investment may be experienced.
Specific Location
Odisha
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
Proposed
Bank Risk Rating
U
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 30, 2020
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
  • Climate and Environment
The service or industry focus of the investment. A project can have several sectors.
Investment Amount (USD)
$ 210.00 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)
$ 210.00 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 May 13, 2020

Disclosed by Bank Mar 17, 2020


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Project Description

According to bank documents, the proposed project's objective is "to improve the capability of Odisha to protect its citizens and build resilience to natural disasters and climate shocks. This includes building the state government’s capabilities in the following key reform areas: (i) strengtheningthe design and delivery of the state’s social protection architecture (ii) improving the statisticial system to support the generation and the use of quality statistics in governance and(iii) building resillience against natural disatsers and climate shocks. These policy reforms are cataylitic in ensuring the state charts a resillient growth path which maximises long-term human capital formation and minimizes welfare losses due to shocks."

Investment Description
  • World Bank (WB)
Contact Information

World Bank
Jorge A. Coarasa, Program Leader

Borrower/Client/Recipient
Ministry of Finance

Implementing Agencies
Government of Odisha
Ashok K.K. Meena, Principal Secretary
finsec.or@nic.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.