December 12, 2024 08:34 (IST)
Follow us:
facebook-white sharing button
twitter-white sharing button
instagram-white sharing button
youtube-white sharing button
Donald Trump vows to eliminate birthright citizenship after taking charge | No alliance with Congress in Delhi polls: AAP chief Arvind Kejriwal | Bengaluru techie's suicide: Atul Subhash's wife and her family booked | Bengaluru techie's suicide: Atul Subhash's wife and her family booked | INDIA bloc to knock on Supreme Court's doors over alleged EVM manipulation during Maharashtra polls | 'Babri Masjid should be rebuilt in Bengal's Murshidabad': TMC MLA Humayun Kabir sparks row | Rajnath Singh calls on Russian Prez Vladimir Putin in Moscow, discusses bilateral defence cooperation | Police to investigate conspiracy angle in Mumbai bus accident that killed 7 | Mamata Banerjee should lead INDIA bloc: Lalu Prasad Yadav | Opposition moves no-confidence motion against VP Jagdeep Dhankar in RS

World Bank loan for Madhya Pradesh

| | Mar 17, 2016, at 09:19 pm
#Madhya Pradesh # World Bank loan
New Delhi, Mar 17 (IBNS) India signed a loan agreement of USD 35 Million with the World Bank on Thursday, which will be used for the Madhya Pradesh Citizen Access to Responsive Services Project.
Raj Kumar, Joint Secretary (MI), Department of Economic Affairs, Ministry of Finance signed the document on behalf of the Government of India and Onno Ruhl, Country Director, World Bank (India) signed on behalf of the World Bank
 
The Implementing Entity Agreement was signed by M. Selvendran, ED (State Agency for Public Services), Department of Public Services management, MP on behalf of the Government of Madhya Pradesh, and Onno Ruhl, Country Director (India) on behalf of the World Bank. 
 
The project size is USD 50 million, of which USD 35 million will be financed by the Bank, and the remaining amount will be funded out of the state budget. The project duration is 5 years. 
 
According to the finance ministry, the objective of the project is to improve access and quality of public services in Madhya Pradesh through implementation of the 2010 Public Service Delivery Guarantee Act.  
 
The project has been designed as a result-based financing programme, under which funds will be released on achievement of agreed results. 

Support Our Journalism

We cannot do without you.. your contribution supports unbiased journalism

IBNS is not driven by any ism- not wokeism, not racism, not skewed secularism, not hyper right-wing or left liberal ideals, nor by any hardline religious beliefs or hyper nationalism. We want to serve you good old objective news, as they are. We do not judge or preach. We let people decide for themselves. We only try to present factual and well-sourced news.

Support objective journalism for a small contribution.
Related Images
IN IMAGES: ISKCON members protest in Kolkata demanding release of arrested leader in Bangladesh
IN IMAGES: ISKCON members protest in Kolkata demanding release of arrested leader in Bangladesh Nov 30, 2024, at 12:21 am
IN IMAGES: Muslims led by West Bengal Jamiat-e-Ulama protest against Waqf Amendment Bill in Kolkata
IN IMAGES: Muslims led by West Bengal Jamiat-e-Ulama protest against Waqf Amendment Bill in Kolkata Nov 29, 2024, at 04:37 am
IN IMAGES: Hindu Jagran Manch holds protest march in Kolkata against ISKCON monk’s arrest in Bangladesh
IN IMAGES: Hindu Jagran Manch holds protest march in Kolkata against ISKCON monk’s arrest in Bangladesh Nov 29, 2024, at 03:27 am