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State of Maharashtra's Agribusiness and Rural Transformation Project

Abstract*

The development objective of the State of Maharashtra Agribusiness and Rural Transformation Project for India is to support the development of inclusive and competitive agriculture value chains, focusing on smallholder farmers and agri-entrepreneurs in Maharashtra. The project comprises of four components. The first component, enhancing institutional capacity to support agricultural transformation objective is to strengthen institutional capabilities...

* 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 is to support the development of inclusive and competitive agriculture value chains, focusing on smallholder farmers and agri-entrepreneurs in Maharashtra.

Key Details

Project Details

  • P168310

  • Active

  • Adarsh Kumar , Arshia Gupta

  • Republic of India

  • India

  • October 17, 2018

  • (as of board presentation)

    December 17, 2019

  • March 23, 2020

  • US$ 300.00 million

  • Department of Agriculture, Government of Maharashtra

  • South Asia

  • 2020

  • US$ 210.00 million

  • B

  • February 2, 2024

  • March 31, 2027

  • TBD

  • BANK APPROVED

  • Notes

Finances

Financing Plan (US$ Millions)

No data available.
Financier Commitments
International Bank for Reconstruction and Development 210.00
Foundation/s (identified) 10.00
Borrowing Agency 80.00

Total Project Financing (US$ Millions)

Product Line IBRD/IDA
IBRD Commitment 210.00
IDA Commitment N/A
IBRD + IDA Commitment 210.00
Lending Instrument
Grant Amount N/A
Total Project Cost** 300.00

Summary Status of World Bank Financing (US$ Millions) as of February 28, 2025

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

Detailed Financial Activity as of February 28, 2025

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No data available.
Period Financier Transaction Type Amount (US$)
Dec 15, 2023 IBRD-90310 Int Charges 880.83
Nov 22, 2023 IBRD-90310 Loan Disb 3,859,561.80
Sep 28, 2023 IBRD-90310 Loan Disb 350,000.00
Dec 15, 2020 IBRD-90310 Int Charges 738.66
Dec 15, 2020 IBRD-90310 Int Charges 261,279.16
Dec 15, 2020 IBRD-90310 Int Charges 4,727.94
Dec 15, 2020 IBRD-90310 Int Charges 15.71
Feb 11, 2021 IBRD-90310 Loan Disb 142,671.84
Jun 15, 2020 IBRD-90310 Int Charges 3,001.26
May 18, 2020 IBRD-90310 Loan Disb 95,751.75
May 18, 2020 IBRD-90310 Loan Disb 300,123.34
Nov 2, 2020 IBRD-90310 Loan Disb 237,493.31
Jun 15, 2020 IBRD-90310 Int Charges 118,684.02
Mar 23, 2020 IBRD-90310 Loan Disb 525,000.00
Mar 23, 2020 IBRD-90310 Fee Charges 525,000.00
Jun 15, 2022 IBRD-90310 Int Charges 59.69
Jun 15, 2022 IBRD-90310 Int Charges 129.17
Jun 15, 2022 IBRD-90310 Int Charges 258,515.94
Jun 15, 2022 IBRD-90310 Int Charges 11,913.89
Feb 16, 2022 IBRD-90310 Loan Disb 451,778.30
Nov 29, 2021 IBRD-90310 Loan Disb 544,753.20
Aug 19, 2021 IBRD-90310 Loan Disb 87,228.84
May 18, 2021 IBRD-90310 Loan Disb 305,556.88
Dec 15, 2021 IBRD-90310 Int Charges 58.60
Dec 15, 2021 IBRD-90310 Int Charges 143.40
Dec 15, 2021 IBRD-90310 Int Charges 261,075.23
Dec 15, 2021 IBRD-90310 Int Charges 6,593.16
Aug 19, 2022 IBRD-90310 Loan Disb 636,490.94
May 18, 2022 IBRD-90310 Loan Disb 553,254.10
Dec 15, 2022 IBRD-90310 Int Charges 106.10
Dec 15, 2022 IBRD-90310 Int Charges 294.10
Nov 21, 2022 IBRD-90310 Loan Disb 3,174,543.20
Feb 15, 2023 IBRD-90310 Loan Disb 4,243,267.50
Dec 15, 2022 IBRD-90310 Int Charges 258,117.27
Dec 15, 2022 IBRD-90310 Int Charges 66,623.74
Jun 15, 2023 IBRD-90310 Int Charges 521.84
Aug 18, 2023 IBRD-90310 Loan Disb 2,122,387.00
Jun 15, 2023 IBRD-90310 Int Charges 14,964.03
Jun 15, 2023 IBRD-90310 Int Charges 248,618.20
Jun 15, 2023 IBRD-90310 Int Charges 264,051.06
Dec 15, 2023 IBRD-90310 Int Charges 557,199.40
Dec 17, 2019 IBRD-90310 Loan Commitment 210,000,000.00
Mar 4, 2024 IBRD-90310 Loan Disb 5,753,123.50
Jun 15, 2021 IBRD-90310 Int Charges 216.75
Jun 15, 2021 IBRD-90310 Int Charges 260,090.62
Jun 15, 2021 IBRD-90310 Int Charges 5,395.48
May 22, 2023 IBRD-90310 Loan Disb 5,358,437.50
Dec 15, 2023 IBRD-90310 Int Charges 25,308.81
Dec 15, 2023 IBRD-90310 Int Charges 239,816.83
Aug 21, 2024 IBRD-90310 Loan Disb 4,791,807.50
Jun 15, 2024 IBRD-90310 Int Charges 17,955.99
Jun 15, 2024 IBRD-90310 Int Charges 228,563.84
Jun 15, 2024 IBRD-90310 Int Charges 852,058.44
May 21, 2024 IBRD-90310 Loan Disb 700,000.00
Jun 15, 2024 IBRD-90310 Int Charges 608.00
May 22, 2024 IBRD-90310 Loan Disb 6,668,008.00
Jun 15, 2021 IBRD-90310 Int Charges 69.76

Footnotes

Ratings

IMPLEMENTATION RATINGS

Name Review Date
Procurement Moderately Satisfactory 2025-03-03
Overall Implementation Progress (IP) Moderately Unsatisfactory 2025-03-03
Project Management Moderately Satisfactory 2025-03-03
Monitoring and Evaluation Satisfactory 2025-03-03
Progress towards achievement of PDO Moderately Satisfactory 2025-03-03
Financial Management Moderately Satisfactory 2025-03-03

COMPLETION RATINGS

No data available.

INDEPENDENT EVALUATION RATINGS

No data available.

Results Framework

PROJECT DEVELOPMENT OBJECTIVE INDICATORS

INDICATORBASELINECURRENTTARGET
  • Increase in net price realization at producer levelValue0.000.0033.00
    DateOctober 1, 2019March 31, 2023March 29, 2027
    Comment
  • Full Time Equivalent jobs generated in beneficiary firmsValue0.002798.009700.00
    DateOctober 1, 2019November 30, 2023March 29, 2027
    Comment
  • Farmers reached with agricultural assets or servicesValue0.00505000.001900000.00
    DateOctober 1, 2019November 30, 2023March 29, 2027
    Comment
  • Private sector finance mobilized by the projectValue0.0032173000.0058500000.00
    DateOctober 1, 2019November 30, 2023March 29, 2027
    Comment
  • Of which, to female beneficiariesValue0.000.00370.00
    Date
    Comment
  • Farmers reached with agricultural assets or services - FemaleValue0.000.00230000.00
    Date
    Comment
  • Of which, to SCs and STsValue0.000.00500.00
    Date
    Comment
  • Of which, SC and ST farmersValue0.000.0085000.00
    Date
    Comment

INTERMEDIATE RESULTS INDICATORS

INDICATORBASELINECURRENTTARGET
  • Progress against outcome goals tracked and reported annually by DoAValueNoNoYes
    DateOctober 1, 2019November 30, 2023March 29, 2027
    Comment
  • Productivity for select commodities (mt/ha)Value0.000.000.00
    DateOctober 1, 2019March 31, 2023March 29, 2027
    Comment
  • Beneficiaries who are aware of market intelligence given by the projectValue0.0062.50660.00
    DateOctober 1, 2019June 1, 2023October 29, 2027
    Comment
  • Grievances registered related to delivery of project benefits that are actually addressedValue0.0095.0085.00
    DateOctober 1, 2019November 30, 2023March 29, 2027
    Comment
  • Annual ranking of markets in Maharashtra and publication of the sameValueNoYesYes
    DateOctober 1, 2019November 30, 2023March 29, 2027
    Comment
  • Of which, female beneficiariesValue0.000.00198.00
    DateOctober 1, 2019June 1, 2023March 29, 2027
    Comment
  • Cotton - LintValue0.290.290.43
    DateOctober 1, 2019March 31, 2023March 29, 2027
    Comment
  • Functional Agriculture Stewardship Councils establishedValue0.001.006.00
    DateOctober 1, 2019November 30, 2023March 29, 2027
    Comment
  • Of which, SC and ST beneficiariesValue0.000.0085.80
    DateOctober 1, 2019June 1, 2023March 29, 2027
    Comment
  • MaizeValue2.912.913.58
    DateOctober 1, 2019March 31, 2023March 29, 2027
    Comment
  • Warehouse receipts issued to project beneficiariesValue0.004.78518.99
    DateOctober 1, 2019November 30, 2023March 29, 2027
    Comment
  • Pigeon peaValue0.930.931.14
    DateOctober 1, 2019March 31, 2022March 29, 2027
    Comment
  • Of which, to female beneficiariesValue0.000.0051.90
    DateOctober 1, 2019June 1, 2023March 29, 2027
    Comment
  • BananaValue52.2952.2964.37
    DateOctober 1, 2019March 31, 2023March 29, 2027
    Comment
  • Of which, to SC and ST beneficiariesValue0.000.0067.47
    DateOctober 1, 2019June 1, 2023March 29, 2027
    Comment
  • TomatoValue23.3923.3928.79
    DateOctober 1, 2019March 31, 2023March 29, 2027
    Comment
  • Average goat live weight (kg)Value16.0016.0019.70
    DateOctober 1, 2019March 31, 2023March 29, 2027
    Comment
  • Beneficiaries meeting quality standards set by sub-projectsValue0.000.0070.00
    DateOctober 1, 2019March 31, 2023March 29, 2027
    Comment
  • Market linkages established with the support of the projectValue0.00214.00120.00
    DateOctober 1, 2019November 30, 2023March 29, 2027
    Comment
  • Project supported enterprises making incremental investmentsValue0.000.002000.00
    DateOctober 1, 2019November 30, 2023March 29, 2027
    Comment
  • Of which, female entrepreneursValue0.000.001200.00
    DateOctober 1, 2019November 30, 2023March 29, 2027
    Comment
  • Of which, SC and ST entrepreneursValue0.000.00400.00
    DateOctober 1, 2019November 30, 2023March 29, 2027
    Comment
  • Volume of credit accessed from FIs by CBOs and enterprises supported by the projectValue0.00264431000.0048571000.00
    DateOctober 1, 2019November 30, 2023March 29, 2027
    Comment
  • Of which, by female-led CBOs and female entrepreneursValue0.000.0010714000.00
    Date
    Comment
  • Of which, by SC and ST entrepreneursValue0.000.000.00
    Date
    Comment