India: Preparing the Bond Guarantee Fund for India

Sovereign Project | 44447-012 Status: Closed

Summary

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Project Name Preparing the Bond Guarantee Fund for India
Project Number 44447-012
Country India
Project Status Closed
Project Type / Modality of Assistance Technical Assistance
Source of Funding / Amount
TA 8279-IND: Preparing the Bond Guarantee Fund for India
Japan Fund for Poverty Reduction US$ 800,000.00
Strategic Agendas Inclusive economic growth
Regional integration
Drivers of Change Governance and capacity development
Partnerships
Private sector development
Sector / Subsector

Finance - Finance sector development - Infrastructure finance and investment funds

Gender Equity and Mainstreaming No gender elements
Description
Project Rationale and Linkage to Country/Regional Strategy
Impact

Project Outcome

Description of Outcome
Progress Toward Outcome Government participated in a seminar on 1 June 2015 in Mumbai that review the proposed mechanics.
Implementation Progress
Description of Project Outputs
Status of Implementation Progress (Outputs, Activities, and Issues) The steering committee approved the final report in June 2015. The report has subsequently been posted to ADB's website.
Geographical Location

Summary of Environmental and Social Aspects

Environmental Aspects
Involuntary Resettlement
Indigenous Peoples
Stakeholder Communication, Participation, and Consultation
During Project Design A key objective of the BGFI would be to disseminate best practices with respect to the issues on capacity constraints that exist in the market to mainstream the guarantee product, to all stakeholders which is critical if complex guarantee structures are to evolve and gain wider acceptance in the Indian market.
During Project Implementation

All key stakeholders actively participate in the formulation of the framework and blueprint to operationalize the BGFI.

Carry out stakeholder consultations on nature of ESMS to be recommended for the BGFI and on optimal structures.

Business Opportunities

Consulting Services ADB requested expressions of interest on 30 August 2013. The period for submitting expressions of interest has closed. ADB is reviewing the submissions, will issue a request for proposal to short listed candidates, and move to final selection.

Responsible Staff

Responsible ADB Officer Donald Lambert
Responsible ADB Department South Asia Department
Responsible ADB Division Public Management, Financial Sector and Trade Division, SARD
Executing Agencies
Asian Development Bank
6 ADB Avenue,
Mandaluyong City 1550, Philippines

Timetable

Concept Clearance 03 Jun 2011
Fact Finding 18 May 2011 to 25 May 2011
MRM -
Approval -
Last Review Mission -
Last PDS Update 24 Aug 2015

TA 8279-IND

Milestones
Approval Signing Date Effectivity Date Closing
Original Revised Actual
17 Dec 2012 31 Jan 2014 31 Jan 2014 28 Apr 2014 31 Jul 2015 -
Financing Plan/TA Utilization Cumulative Disbursements
ADB Cofinancing Counterpart Total Date Amount
Gov Beneficiaries Project Sponsor Others
0.00 800,000.00 0.00 0.00 0.00 0.00 800,000.00 17 Dec 2012 512,217.73

Safeguard Documents See also: Safeguards

Safeguard documents provided at the time of project/facility approval may also be found in the list of linked documents provided with the Report and Recommendation of the President.

None currently available.

Evaluation Documents See also: Independent Evaluation

None currently available.

Related Publications

None currently available.


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