India, WB signed USD 35 Million loan agreement for MP Citizen Access to Responsive Services Project

Posted on:18 Mar 2016 09:17:34

India, WB signed USD 35 Million loan agreement for MP Citizen Access to Responsive Services Project
18 March 2016 Current Affairs GK: India on 17 March 2016 signed loan agreement of 35 Million dollars with the World Bank for Madhya Pradesh Citizen Access to Responsive Services Project. The objective of the project is to improve access and quality of public services in the state.The project has been designed as a result based financing programme, under which funds will be released on achievement of agreed results.To improve access and quality of public services in Madhya Pradesh through implementation of the 2010 Public Service Delivery Guarantee Act.To deliver key results in terms of improving access to services and citizen outreach, simplification of Government services, performance management and strengthening the capacity of implementing agencies.The project size is 50 million dollar, of which 35 million dollar will be financed by the Bank, and the remaining amount will be funded out of State Budget. The duration of the project is five years.

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