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Introduction

The World Bank is an international financial institution that provides financial and technical assistance to developing countries to reduce poverty and foster sustainable development. Established in 1944, it is headquartered in Washington, D.C., USA. The World Bank is part of the World Bank Group.

World Bank Support

Key Details

Project Details

Project IDStatusTeam LeaderBorrower 2
P172226ActiveHarsh Jhanjaria , Adarsh Kumar, Laurent GonnetIndia
CountryDisclosure DateApproval DateEffective Date
IndiaFebruary 7, 2020(as of board presentation) June 4, 2021September 23, 2022
Total Project Cost 1Implementing AgencyRegionFiscal Year3
US$ 4208.00 millionMinistry of Micro, Small and Medium EnterprisesSouth Asia2021
Commitment AmountEnvironmental CategoryEnvironmental and Social RiskClosing Date
US$ 500.00 millionN/ANot ApplicableSeptember 30, 2026
Consultant Services requiredLast Stage ReachedLast Update Date-
NoBANK APPROVEDJune 26, 2024-

Notes

1. Total project cost includes funding from World Bank and non-bank sources in US$ millions. Active and Closed projects show current commitments. Proposed (pipeline) and dropped projects show the forecast amount. The commitment amount for projects in the pipeline is indicative and may be modified during the project preparation.

2. Borrower refers to the Borrower of a Loan or Recipient of a Grant.

3. ”Fiscal Year” is the fiscal year in which the project was approved (or dropped if the status is dropped). The World Bank's fiscal year is from July 1 - June 30. For example, a fiscal year of 1996 corresponds to July 1, 1995 - June 30, 1996.

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