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Himachal Pradesh Public Financial Management Capacity Building Program

Abstract*

The development objective of Himachal Pradesh Public Financial Management Capacity Building Program Project for India is to improve the efficiency of Public Expenditure Management and Tax Administration in Himachal Pradesh. This project has three components. 1) The first component, Improving efficiency of the Finance Department (FD) in an enhanced control environment, aims to contribute toward strengthening budget credibility; effective Public Financial...

* 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 Project Development Objective (PDO) is to improve the efficiency of Public Expenditure Management and Tax Administration in Himachal Pradesh.

Key Details

Project Details

  • P156687

  • Closed

  • Tanuj Mathur

  • India

  • India

  • February 7, 2017

  • (as of board presentation)

    May 17, 2017

  • July 11, 2017

  • US$ 45.00 million

  • Finance Department, Government of Himachal Pradesh

  • South Asia

  • 2017

  • US$ 36.00 million

  • N/A

  • January 11, 2024

  • June 30, 2023

  • BANK APPROVED

  • Notes

Finances

Financing Plan (US$ Millions)

No data available.
Financier Commitments
Borrower/Recipient 9.00
International Bank for Reconstruction and Development 36.00

Total Project Financing (US$ Millions)

Product Line IBRD/IDA
IBRD Commitment 36.00
IDA Commitment N/A
IBRD + IDA Commitment 36.00
Lending Instrument
Grant Amount N/A
Total Project Cost** 45.00

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

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No data available.
Period Financier Transaction Type Amount (US$)
May 17, 2017 IBRD-87530 Loan Commitment 36,000,000.00
Aug 15, 2018 IBRD-87530 Int Charges 35,592.53
Aug 15, 2024 IBRD-87530 Int Charges 1,025,820.00
Aug 15, 2024 IBRD-87530 Loan Repay 1,301,603.00
Feb 15, 2024 IBRD-87530 Int Charges 10,928.97
Feb 15, 2024 IBRD-87530 Int Charges 1,065,358.00
Feb 15, 2024 IBRD-87530 Int Charges 89.60
Feb 15, 2024 IBRD-87530 Loan Repay 1,301,603.00
Feb 15, 2023 IBRD-87530 Int Charges 49,710.03
Feb 15, 2023 IBRD-87530 Int Charges 4,168.78
Feb 15, 2023 IBRD-87530 Int Charges 729,035.80
Feb 15, 2023 IBRD-87530 Loan Repay 1,173,203.00
Aug 15, 2023 IBRD-87530 Int Charges 33,221.43
Aug 15, 2023 IBRD-87530 Int Charges 3,889.94
Aug 15, 2023 IBRD-87530 Int Charges 863,558.75
Aug 15, 2023 IBRD-87530 Loan Repay 1,173,203.00
Aug 14, 2023 IBRD-87530 Loan Disb 3,000,000.00
Jun 28, 2023 IBRD-87530 Loan Disb 210,000.00
May 25, 2022 IBRD-87530 Loan Disb 4,500,000.00
Aug 15, 2022 IBRD-87530 Int Charges 10,003.49
Aug 15, 2022 IBRD-87530 Int Charges 196,244.73
Aug 15, 2022 IBRD-87530 Loan Repay 1,099,203.00
Aug 24, 2022 IBRD-87530 Loan Disb 2,000,000.00
Mar 31, 2021 IBRD-87530 Loan Disb 1,000,000.00
Aug 15, 2021 IBRD-87530 Int Charges 1,047.94
Aug 15, 2021 IBRD-87530 Int Charges 3,372.07
Aug 15, 2021 IBRD-87530 Int Charges 16,058.29
Aug 15, 2021 IBRD-87530 Int Charges 107,763.50
Oct 6, 2021 IBRD-87530 Loan Disb 1,000,000.00
Mar 18, 2022 IBRD-87530 Loan Disb 1,000,000.00
Mar 28, 2022 IBRD-87530 Loan Disb 1,000,000.00
Feb 15, 2022 IBRD-87530 Int Charges 15,113.96
Feb 15, 2022 IBRD-87530 Int Charges 109,206.96
Feb 15, 2020 IBRD-87530 Int Charges 198,662.77
Apr 29, 2020 IBRD-87530 Loan Disb 2,500,000.00
Aug 15, 2020 IBRD-87530 Int Charges 25,144.94
Aug 15, 2020 IBRD-87530 Int Charges 190,587.88
Sep 4, 2020 IBRD-87530 Loan Disb 1,000,000.00
Feb 15, 2021 IBRD-87530 Int Charges 21,990.89
Feb 15, 2021 IBRD-87530 Int Charges 93,985.96
Jan 12, 2021 IBRD-87530 Loan Disb 4,500,000.00
Nov 7, 2018 IBRD-87530 Loan Disb 5,000,000.00
Feb 15, 2019 IBRD-87530 Int Charges 32,757.81
Feb 15, 2019 IBRD-87530 Int Charges 163,164.95
Jun 26, 2019 IBRD-87530 Loan Disb 2,000,000.00
Aug 15, 2019 IBRD-87530 Int Charges 28,708.98
Aug 15, 2019 IBRD-87530 Int Charges 212,562.38
Feb 15, 2020 IBRD-87530 Int Charges 684.94
Feb 15, 2020 IBRD-87530 Int Charges 8,870.62
Feb 15, 2020 IBRD-87530 Int Charges 27,342.27
Jul 11, 2017 IBRD-87530 Loan Disb 90,000.00
Jul 11, 2017 IBRD-87530 Fee Charges 90,000.00
Oct 5, 2017 IBRD-87530 Loan Disb 7,200,000.00
Feb 15, 2018 IBRD-87530 Int Charges 3,935.34
Feb 15, 2018 IBRD-87530 Int Charges 182.88
Feb 15, 2018 IBRD-87530 Int Charges 38,697.54
Feb 15, 2018 IBRD-87530 Int Charges 57,096.59
Aug 15, 2018 IBRD-87530 Int Charges 99,694.80
Aug 15, 2024 IBRD-87530 Int Charges 5,982.80

Footnotes

Ratings

IMPLEMENTATION RATINGS

Name Review Date
Progress towards achievement of PDO Satisfactory 2023-02-27
Monitoring and Evaluation Satisfactory 2023-02-27
Overall Implementation Progress (IP) Moderately Satisfactory 2023-02-27

COMPLETION RATINGS

INDICATORIMPLEMENTATION COMPLETION & RESULTS REPORT: 01-10-2024
OutcomesSubstantial
Risk to Development Outcome
Bank PerformanceSubstantial
Borrower Performance
Government Performance
Implementing Agency

INDEPENDENT EVALUATION RATINGS

INDICATORICR REVIEW: 06-05-2024PROJECT PERFORMANCE ASSESSMENT REPORT:
Outcome RatingSatisfactory N/a
Risk To Development OutcomeN/a
Bank PerformanceSatisfactoryN/a
Borrower PerformanceN/a
Government PerformanceN/a
Implementing AgencyN/a
Icr QualitySubstantialN/a
M&e QualitySubstantialN/a

Results Framework

PROJECT DEVELOPMENT OBJECTIVE INDICATORS

INDICATORBASELINECURRENTTARGET
  • Reduce variance between originally approved budget to expenditureValueVariance (absolute) between originally approved buGoHP has achieved and maintained the target in 202
    DateMarch 31, 2016July 20, 2022
    Comment
  • Increased value of transactions processed through the e-Procurement systemValueSoftware implemented in 5 departments and 15 parasTarget achieved for FY 21 - 22. Value of transacti
    DateMarch 31, 2016June 30, 2023
    Comment
  • Backlog of pending VAT/ CST assessments reducedValuePending tax assessments (VAT and CST) is 294,000 (Target achieved
    DateMarch 31, 2016June 30, 2023
    Comment

INTERMEDIATE RESULTS INDICATORS

INDICATORBASELINECURRENTTARGET
  • Institutional strengthening and modernization of the ETDValueWeak institutional and organization structure and EIU has been established and others are also progrApproval for reorganization of the ETD on function
    DateMarch 31, 2017June 30, 2023March 31, 2021
    Comment
  • Strengthening PFM in the state by provision of comprehensive and wide-ranging trainingValueTraining neither strategic nor according to a planRegular trainings are being conducted on IFMIS, GS
    DateMarch 31, 2016June 30, 2023
    Comment
  • CMS in IPH Department implementedValue17.0060.00100.00
    DateMarch 31, 2017June 30, 2023March 31, 2020
    Comment
  • Enhanced capacity of officials implementing GST by providing training not covered by the sovereign functionValueGST rollout training to be imparted and systematicAn Audit training module has been prepared and aboOngoing GST training
    DateMarch 31, 2017June 30, 2023March 31, 2021
    Comment
  • Strengthening components of the PFM cycle through analytical studies of the core FD functionsValueNo recent studies (last review during PEFA 2009) cDebt Management Performance Assessment (DeMPA) iDeMPA study recommendations acted upon
    DateMarch 31, 2017June 30, 2023March 31, 2021
    Comment
  • e-Governance application for excise function implementedValueNo e-Governance application for excise function The e-Governance system has been rolled out with
    DateMarch 31, 2017June 30, 2023
    Comment
  • Electronic Interface of IFMIS implemented in all departmentsValueManual submission of bills from departments (throuRoll out to all DDOs is completed. Treasury inspec
    DateMarch 31, 2017June 30, 2023
    Comment
  • Institutional performance of the ETD improvedValueNo specialized units; recovery process is weakSpecialized units have been set up and operating.
    DateMarch 31, 2017June 30, 2023
    Comment
  • Internal Controls of the FD strengthenedValueWeak internal controls: specific FM functions stilRevised Treasury Rules notified and published on F
    DateMarch 31, 2017June 30, 2023
    Comment
  • Increased transparency and citizen engagementValueNascent citizen engagement on budget; no disclosurFD has added more reports over time on public doma
    DateMarch 31, 2017June 30, 2023
    Comment