| Financier | Commitments |
|---|---|
| International Bank for Reconstruction and Development | 128.00 |
| Borrowing Agency | 212.00 |
Agriculture Risk Resilience and Insurance Access Program
Development Objective
The Program Development Objective is to enhance farmer access to and improve service delivery of the PMFBY crop insurance scheme in select States in India.
Key Details
Project Details
P165923
Dropped
Vijayasekar Kalavakonda , Manivannan Pathy
Republic of India
April 24, 2018
(as of board presentation)
N/A
N/A
US$ 22097.00 million
Department of Agriculture, Cooperation & Farmers Welfare
2021
US$ 128.00 million
N/A
December 19, 2024
December 20, 2023
No
BEGIN NEGOTIATION
Finances
Financing Plan (US$ Millions)
Total Project Financing (US$ Millions)
| Product Line | IBRD/IDA |
|---|---|
| IBRD Commitment | 128.00 |
| IDA Commitment | N/A |
| IBRD + IDA Commitment | 128.00 |
| Lending Instrument | |
|---|---|
| Grant Amount | N/A |
| Total Project Cost** | 22097.00 |
Summary Status of World Bank Financing (US$ Millions) as of February 28, 2025
No data available.
Detailed Financial Activity as of February 28, 2025
No data available.
Results Framework
PROJECT DEVELOPMENT OBJECTIVE INDICATORS
| INDICATOR | BASELINE | CURRENT | TARGET |
|---|
Turn-around-time (TAT) in claims settlement reduced Value 9.00 0.00 4.00 Date June 29, 2018 March 29, 2024 Comment Increase in enrollment of farmers in PMFBY program Value 0.00 0.00 7.50 Date March 30, 2020 February 29, 2024 Comment Proportion of farmers aware and knowledgeable about enrolling in PMFBY Value 0.00 0.00 7.50 Date March 30, 2020 March 29, 2024 Comment
INTERMEDIATE RESULTS INDICATORS
| INDICATOR | BASELINE | CURRENT | TARGET |
|---|
Fostering Innovations in Technology to enhance access and improve service delivery Value Minimal engagement with technology companies on st Publish results of evaluations on atleast two by i Date June 28, 2018 March 28, 2024 Comment Fostering knowledge sharing across PMFBY enrolled states Value No mechanism to foster cross learnings from PMFBY All PS to develop and disseminated learning materi Date June 15, 2018 March 29, 2024 Comment Strengthening capacity of Technical Support Unit (TSUs) at the Center and Participating States (PSs) Value TSU already formed at the Center and intention by Implement at least 75% of agreed actions for the s Date June 15, 2018 March 28, 2024 Comment Strengthening robustness and functionality of Data and Management Information Systems at the Center and Participating States Value National Crop Insurance Portal (NCI) in operation; Auto generate claims information for enrolled farm Date August 30, 2018 August 30, 2023 Comment Strengthened M&E for the PMFBY Value Existing departmental monitoring capacity is limit i) Publish results on atleast two thematic rigorou Date June 29, 2018 March 28, 2024 Comment Streamlining the enrollment process Value On average, 9 months to reconcile enrollment and p Enrollment and premium data reconciled with insura Date March 29, 2018 March 28, 2024 Comment Streamlining the Claims Process Value a) Takes 150 days to produce approved data to insu (i) Approved CCE data to be made available within Date March 29, 2018 March 28, 2024 Comment Building insurance rate making and pricing skills Value No capacity and the Program dependent on State-own Technical Review of crops and areas (blocks/ taluk Date August 30, 2018 March 28, 2024 Comment Improving the data/information sharing between Financial Institution(s) and the PMFBY Program (FI's account for more than 75 percent of enrolled farmers in PMFBY) Value 0% Initiate linking CBS to Portal for atleast 50% of Date August 30, 2018 March 28, 2024 Comment Strengthening Crop Yield Estimation through Technology Seeding Value 5% of CCEs conducted using mobile technology 35% of all Crop Yield Estimation/CCEs conducted us Date June 28, 2018 March 28, 2024 Comment Steps toward effective development of weather monitoring and data sharing for effective implementation of PMFBY Program Value Multiple sources of weather data not fully integra All Participating States share data on to ONE WEAT Date June 28, 2018 March 28, 2024 Comment Diversifying distribution channels for increasing non-loanee participation Value >XX% of crop insurance policies sold through Finan (i) (ii) Add a minimum of two distribution chann Date June 28, 2018 March 28, 2024 Comment Increased knowledge of PMFBY/crop insurance by insured farmers Value <35% of insured farmers aware of enrolment and pro >70% of insured farmers aggregate aware about bein Date June 28, 2018 March 28, 2024 Comment Deepen inclusion of Women and Weaker Section (SC & ST) in the PMFBY Value XX% of Women and YY% of SC/ST farmers in PMFBY Publish reports and Statistics on the Participatio Date June 28, 2018 March 28, 2024 Comment Report on grievances received and addressed Value Yes Yes Date June 28, 2018 March 28, 2024 Comment Strengthened regulatory and enforcement mechanism Value PMFBY is not under the regulatory purview of the I Implement the agreed actions across All States Date June 28, 2018 March 28, 2024 Comment