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Third Andhra Pradesh Economic Reform Loan/Credit

Abstract*

The third Andrah Pradesh Economic Reform Project for India aims to support the government's ongoing reform program, which has expanded in both breadth and depth since the last operation, to: (a) improve the state's investment climate; (b) strengthen revenue, public expenditure, and financial management; (c) usher in improved governance practices and raise the quality of service delivery in the health, education, and power sectors; and (d) better target...

* The project abstract is drawn from the PAD, SAR or PGD and may not accurately reflect the project's current nature

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Development Objective

The proposed operation is the third in a series of programmatic budget support operations to Andhra Pradesh. The main objective of the operation is to support the government#s ongoing reform program, which has expanded in both breadth and depth since the last operation, to: (a) improve the state#s investment climate; (b) strengthen revenue, public expenditure, and financial management; (c) usher in improved governance practices and raise the quality of service delivery in the health, education, and power sectors; and (d) better target antipoverty programs through more effective monitoring and evaluation.

Key Details

Project Details

  • P075174

  • Closed

  • Rajni Bajpai

  • N/A

  • India

  • August 31, 2006

  • (as of board presentation)

    January 11, 2007

  • February 23, 2007

  • US$ 225.00 million

  • N/A

  • South Asia

  • 2007

  • US$ 225.00 million

  • N/A

  • Not Applicable

  • June 30, 2010

  • BANK APPROVED

  • June 7, 2022

  • Notes

Finances

Financing Plan (US$ Millions)

No data available.
Financier Commitments
IDA Credit 75.00
International Bank for Reconstruction and Development 150.00

Total Project Financing (US$ Millions)

Product Line IBRD/IDA
IBRD Commitment 150.00
IDA Commitment 75.00
IBRD + IDA Commitment 225.00
Lending Instrument
Grant Amount N/A
Total Project Cost** 225.00

Summary Status of World Bank Financing (US$ Millions) as of July 31, 2025

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No data available.
Financier Approval Date Closing Date Principal Disbursed Repayments Interest, Charges & Fees

Detailed Financial Activity as of July 31, 2025

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No data available.
Period Financier Transaction Type Amount (US$)
Mar 15, 2023 IBRD-48450 Loan Repay 5,845,000.00
Jan 11, 2007 IBRD-48450 Loan Commitment 150,000,000.00
Jan 11, 2007 IDA-42540 Loan Commitment 75,000,000.00
Jun 15, 2024 IDA-42540 Int Charges 41,994.87
Jun 15, 2024 IDA-42540 Int Charges 41,994.87
Jun 15, 2024 IDA-42540 Loan Repay 1,673,377.40
Jun 15, 2024 IDA-42540 Int Charges 142,564.53
Jun 15, 2024 IDA-42540 Int Charges 142,564.53
Mar 15, 2024 IBRD-48450 Loan Repay 6,190,000.00
Mar 15, 2024 IBRD-48450 Int Charges 27,354.59
Mar 15, 2024 IBRD-48450 Int Charges 1,482,842.40
Dec 15, 2018 IDA-42540 Loan Repay 1,689,421.20
Dec 15, 2018 IDA-42540 Int Charges 210,158.08
Dec 15, 2018 IDA-42540 Int Charges 210,158.08
Sep 15, 2018 IBRD-48450 Int Charges 1,473,725.00
Sep 15, 2018 IBRD-48450 Loan Repay 4,515,000.00
Sep 15, 2018 IBRD-48450 Int Charges 0.01
Sep 15, 2018 IBRD-48450 Int Charges -0.01
Jun 15, 2018 IDA-42540 Int Charges 221,764.16
Jun 15, 2018 IDA-42540 Int Charges 221,764.16
Jun 15, 2019 IDA-42540 Int Charges 204,231.38
Jun 15, 2019 IDA-42540 Int Charges 204,231.38
Jun 15, 2019 IDA-42540 Loan Repay 1,730,002.60
Jun 15, 2019 IDA-42540 Loan Repay 26,826.48
Mar 15, 2019 IBRD-48450 Int Charges 1,533,564.80
Mar 15, 2019 IBRD-48450 Loan Repay 4,645,000.00
Dec 15, 2019 IDA-42540 Loan Repay 344,291.47
Dec 15, 2019 IDA-42540 Int Charges 178,875.86
Dec 15, 2019 IDA-42540 Int Charges 178,875.86
Dec 15, 2019 IDA-42540 Loan Repay 10,178.65
Dec 15, 2019 IDA-42540 Loan Repay 1,403,324.20
Sep 15, 2019 IBRD-48450 Loan Repay 2,444,049.50
Sep 15, 2019 IBRD-48450 Loan Repay 413,494.88
Sep 15, 2019 IBRD-48450 Int Charges 1,550,390.60
Sep 15, 2019 IBRD-48450 Loan Repay 1,922,455.80
Mar 15, 2020 IBRD-48450 Int Charges 1,162,789.40
Mar 15, 2020 IBRD-48450 Loan Repay 4,920,000.00
Dec 15, 2020 IDA-42540 Int Charges 18,883.01
Dec 15, 2020 IDA-42540 Int Charges 18,883.01
Mar 15, 2021 IBRD-48450 Loan Repay 5,210,000.00
Mar 15, 2021 IBRD-48450 Int Charges 313,311.50
Dec 15, 2020 IDA-42540 Loan Repay 913,117.30
Dec 15, 2020 IDA-42540 Int Charges 171,076.62
Dec 15, 2020 IDA-42540 Int Charges 171,076.62
Sep 15, 2020 IBRD-48450 Int Charges 531,800.40
Sep 15, 2020 IBRD-48450 Loan Repay 5,060,000.00
Jun 15, 2020 IDA-42540 Int Charges 172,392.38
Jun 15, 2020 IDA-42540 Int Charges 172,392.38
Jun 15, 2020 IDA-42540 Int Charges 18,811.35
Jun 15, 2020 IDA-42540 Int Charges 18,811.35
Jun 15, 2020 IDA-42540 Loan Repay 1,751,774.50
Jun 15, 2021 IDA-42540 Int Charges 20,695.12
Jun 15, 2021 IDA-42540 Int Charges 20,695.12
Jun 15, 2021 IDA-42540 Loan Repay 913,872.94
Jun 15, 2021 IDA-42540 Int Charges 180,238.00
Jun 15, 2021 IDA-42540 Int Charges 180,238.00
Mar 15, 2022 IBRD-48450 Int Charges 237,015.48
Mar 15, 2022 IBRD-48450 Loan Repay 5,520,000.00
Jun 15, 2022 IDA-42540 Int Charges 168,083.97
Jun 15, 2022 IDA-42540 Int Charges 168,083.97
Jun 15, 2022 IDA-42540 Loan Repay 833,904.40
Jun 15, 2022 IDA-42540 Loan Repay 11,801.35
Sep 15, 2021 IBRD-48450 Int Charges 270,909.30
Sep 15, 2021 IBRD-48450 Loan Repay 5,360,000.00
Dec 15, 2022 IDA-42540 Int Charges 89,088.91
Dec 15, 2022 IDA-42540 Loan Repay 26,322.50
Dec 15, 2022 IDA-42540 Loan Repay 1,663,806.20
Dec 15, 2022 IDA-42540 Int Charges 89,088.91
Sep 15, 2022 IBRD-48450 Int Charges 538,933.60
Sep 15, 2022 IBRD-48450 Loan Repay 5,680,000.00
Dec 15, 2021 IDA-42540 Int Charges 179,577.60
Dec 15, 2021 IDA-42540 Int Charges 179,577.60
Dec 15, 2021 IDA-42540 Int Charges 8,003.96
Dec 15, 2021 IDA-42540 Int Charges 8,003.96
Dec 15, 2021 IDA-42540 Loan Repay 886,802.90
Mar 15, 2014 IBRD-48450 Int Charges 450,907.20
Mar 15, 2014 IBRD-48450 Loan Repay 3,485,000.00
Dec 15, 2013 IDA-42540 Int Charges 291,451.94
Dec 15, 2013 IDA-42540 Int Charges 291,451.94
Sep 15, 2013 IBRD-48450 Int Charges 506,129.56
Dec 15, 2013 IDA-42540 Int Charges 3,305.51
Dec 15, 2013 IDA-42540 Int Charges 3,305.51
Sep 15, 2013 IBRD-48450 Loan Repay 3,385,000.00
Jun 15, 2015 IDA-42540 Loan Repay 33,518.46
Jun 15, 2015 IDA-42540 Loan Repay 1,750,069.50
Jun 15, 2015 IDA-42540 Int Charges 214,571.84
Jun 15, 2015 IDA-42540 Int Charges 214,571.84
Sep 15, 2014 IBRD-48450 Int Charges 412,060.60
Sep 15, 2014 IBRD-48450 Loan Repay 3,585,000.00
Dec 15, 2014 IDA-42540 Loan Repay 1,631.44
Dec 15, 2014 IDA-42540 Loan Repay 1,854,333.90
Jun 15, 2014 IDA-42540 Int Charges 1,513.92
Jun 15, 2014 IDA-42540 Int Charges 1,513.92
Jun 15, 2014 IDA-42540 Int Charges 293,278.56
Jun 15, 2014 IDA-42540 Int Charges 293,278.56
Dec 15, 2014 IDA-42540 Int Charges 278,394.80
Dec 15, 2014 IDA-42540 Int Charges 278,394.80
Mar 15, 2015 IBRD-48450 Int Charges 414,777.60
Mar 15, 2015 IBRD-48450 Loan Repay 3,690,000.00
Sep 15, 2016 IBRD-48450 Int Charges 789,708.56
Sep 15, 2016 IBRD-48450 Loan Repay 4,025,000.00
Mar 15, 2016 IBRD-48450 Int Charges 558,647.00
Mar 15, 2016 IBRD-48450 Loan Repay 3,910,000.00
Sep 15, 2015 IBRD-48450 Int Charges 476,081.60
Sep 15, 2015 IBRD-48450 Loan Repay 3,800,000.00
Dec 15, 2015 IDA-42540 Loan Repay 1,770,164.10
Dec 15, 2015 IDA-42540 Int Charges 252,248.38
Dec 15, 2015 IDA-42540 Int Charges 252,248.38
Dec 15, 2015 IDA-42540 Int Charges 45,929.60
Dec 15, 2015 IDA-42540 Int Charges 45,929.60
Mar 15, 2017 IBRD-48450 Int Charges 975,880.30
Mar 15, 2017 IBRD-48450 Loan Repay 4,140,000.00
Dec 15, 2016 IDA-42540 Loan Repay 1,701,520.60
Dec 15, 2016 IDA-42540 Int Charges 229,705.28
Dec 15, 2016 IDA-42540 Int Charges 229,705.28
Dec 15, 2016 IDA-42540 Int Charges 854.30
Dec 15, 2016 IDA-42540 Int Charges 854.30
Jun 15, 2016 IDA-42540 Loan Repay 35,747.81
Jun 15, 2016 IDA-42540 Loan Repay 1,750,138.90
Jun 15, 2016 IDA-42540 Int Charges 246,895.12
Jun 15, 2016 IDA-42540 Int Charges 246,895.12
Jun 15, 2017 IDA-42540 Int Charges 196,475.28
Jun 15, 2017 IDA-42540 Loan Repay 56,039.52
Jun 15, 2018 IDA-42540 Loan Repay 1,034.09
Jun 15, 2018 IDA-42540 Loan Repay 1,790,999.40
Mar 15, 2018 IBRD-48450 Int Charges 11,333.86
Mar 15, 2018 IBRD-48450 Int Charges 1,032,163.80
Mar 15, 2018 IBRD-48450 Loan Repay 948,481.30
Mar 15, 2018 IBRD-48450 Loan Repay 3,436,518.80
Dec 15, 2017 IDA-42540 Int Charges 228,971.67
Dec 15, 2017 IDA-42540 Int Charges 228,971.67
Dec 15, 2017 IDA-42540 Int Charges 34,702.05
Dec 15, 2017 IDA-42540 Int Charges 34,702.05
Dec 15, 2017 IDA-42540 Loan Repay 1,795,856.20
Sep 15, 2017 IBRD-48450 Int Charges 1,078,959.10
Sep 15, 2017 IBRD-48450 Loan Repay 4,260,000.00
Jun 15, 2017 IDA-42540 Loan Repay 1,699,354.50
Jun 15, 2017 IDA-42540 Int Charges 196,475.28
Dec 15, 2018 IDA-42540 Loan Repay 61,896.04
Dec 15, 2023 IDA-42540 Loan Repay 28,861.05
Dec 15, 2023 IDA-42540 Loan Repay 1,673,942.20
Dec 15, 2023 IDA-42540 Int Charges 110,518.96
Dec 15, 2023 IDA-42540 Int Charges 110,518.96
Jun 15, 2023 IDA-42540 Int Charges 75,915.93
Jun 15, 2023 IDA-42540 Int Charges 75,915.93
Jun 15, 2023 IDA-42540 Loan Repay 1,694,980.10
Jun 15, 2023 IDA-42540 Int Charges 158,904.38
Jun 15, 2023 IDA-42540 Int Charges 158,904.38
Sep 15, 2023 IBRD-48450 Loan Repay 6,015,000.00
Sep 15, 2023 IBRD-48450 Int Charges 22,595.42
Sep 15, 2023 IBRD-48450 Int Charges 1,498,835.40
Mar 15, 2023 IBRD-48450 Int Charges 73,956.24
Mar 15, 2023 IBRD-48450 Int Charges 1,430,135.80

Footnotes

Ratings

IMPLEMENTATION RATINGS

Name Review Date
Program Management Moderately Satisfactory 2010-05-14
Progress towards achievement of PDO Moderately Satisfactory 2010-05-14
Overall Implementation Progress (IP) Satisfactory 2010-05-14
Monitoring and Evaluation Moderately Satisfactory 2010-05-14

COMPLETION RATINGS

INDICATORIMPLEMENTATION COMPLETION & RESULTS REPORT: 06-28-2011
OutcomesModerately Satisfactory
Risk to Development OutcomeModest
Bank PerformanceModerately Satisfactory
Borrower PerformanceModerately Satisfactory
Government PerformanceModerately Satisfactory
Implementing AgencyModerately Satisfactory

INDEPENDENT EVALUATION RATINGS

INDICATORICR REVIEW: 03-21-2012PROJECT PERFORMANCE ASSESSMENT REPORT:
Outcome RatingModerately Satisfactory N/a
Risk To Development OutcomeSignificantN/a
Bank PerformanceModerately UnsatisfactoryN/a
Borrower PerformanceModerately UnsatisfactoryN/a
Government PerformanceModerately UnsatisfactoryN/a
Implementing AgencyModerately UnsatisfactoryN/a
Icr QualitySatisfactoryN/a
M&e QualitySubstantialN/a

Results Framework

PROJECT DEVELOPMENT OBJECTIVE INDICATORS

INDICATORBASELINECURRENTTARGET
  • Increased fiscal space and improved public servcie delivery.Value
    Date
    Comment
  • Improve the state's investment climate through facilitating investments in the state and remedying problems in land markets.ValueAgricultural marketing act amended to allow privatThe government has facilitated the establishment o
    DateJanuary 15, 2007March 15, 2010
    Comment
  • Improved governance practices and better service delivery in sectors.ValueEstablishment of SPIU's in key departments to takeEstablishment of a centralized Human Resource ManaDraft approach paper drafted for HRM strategy; str
    DateJanuary 15, 2007February 4, 2008May 14, 2010
    Comment
  • Better targeting of anti-poverty programs through better monitoring.Value
    Date
    Comment

INTERMEDIATE RESULTS INDICATORS

INDICATORBASELINECURRENTTARGET
  • Achieved the targets set out in the Andhra Pradesh Fiscal Responsibility and Budget Management Act, 2005.ValueFiscal deficit: -3.2%, Revenue Deficit: 1%Fiscal deficit: -2.82%, Revenue Deficit: 0.03%Fiscal Deficit: less than 3.5% (Actual: -3.3%), Re
    DateDecember 25, 2006March 31, 2008March 31, 2009
    Comment
  • Tabling the 'Procurement Law' in the State Assembly.ValueNo procurement law in the stateProcurement Law drafted after wide consultationsProcurement Law tabled in the state assembly.
    DateJanuary 15, 2007March 16, 2009March 4, 2010
    Comment
  • Social audits in National Rural Employment Guarantee Scheme (NREGA) in 13 districtsValueSocial audits in National Rural Employment GuarantSocial audits in NREGA for the entire state
    DateJune 15, 2006March 15, 2010
    Comment
  • Redistribution of land to vulnerable groupsValue0.12 million acres to be redistributed every year0.4 million acres of land redistributed
    DateJanuary 15, 2007May 17, 2010
    Comment
  • Coverage of social pensioners to be enhanced.Value6.6 million social pensioners covered.4.8 million social pensioners to be covered in the
    DateMay 17, 2010May 31, 2010
    Comment