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Raising and Accelerating MSME Performance

Abstract*

The development objective of the Raising and Accelerating Micro, Small, and Medium Enterprise (MSME) Performance Program-for-Results Project for India is to strengthen MSME performance through sustainable and innovative market-based services at Central level and in selected states. The following results will be targeted under the program: RA 1: (i) improved MSME scheme delivery through enhanced Central Government (CG) level and CG-state coordination;...

* 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

Strengthen MSME performance through sustainable and innovative market-based services at Central level and in selected States.

Key Details

Project Details

  • P172226

  • Active

  • Harsh Jhanjaria , Adarsh Kumar, Laurent Gonnet

  • India,India

  • India

  • February 7, 2020

  • (as of board presentation)

    June 4, 2021

  • September 23, 2022

  • US$ 4208.00 million

  • Ministry of Micro, Small and Medium Enterprises,Ministry of Micro, Small and Medium Enterprises

  • South Asia

  • 2021

  • US$ 500.00 million

  • N/A

  • N/A

  • September 30, 2026

  • No

  • BANK APPROVED

  • June 26, 2024

  • Notes

Finances

Financing Plan (US$ Millions)

No data available.
Financier Commitments
Borrower/Recipient 308.00
Borrower/Recipient 308.00
International Bank for Reconstruction and Development 500.00
International Bank for Reconstruction and Development 500.00

Total Project Financing (US$ Millions)

Product Line IBRD/IDA
IBRD Commitment 500.00
IDA Commitment N/A
IBRD + IDA Commitment 500.00
Lending Instrument
Grant Amount N/A
Total Project Cost** 4208.00

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

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

Detailed Financial Activity as of March 31, 2025

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No data available.
Period Financier Transaction Type Amount (US$)
Mar 4, 2024 IBRD-92410 Loan Disb 47,500,000.00
Dec 15, 2023 IBRD-92410 Int Charges 604,169.50
Jun 15, 2023 IBRD-92410 Int Charges 33,941.86
Jun 15, 2023 IBRD-92410 Int Charges 621,729.44
Jun 25, 2024 IBRD-92410 Loan Disb 58,839,584.00
Dec 15, 2023 IBRD-92410 Int Charges 560,451.94
Apr 1, 2024 IBRD-92410 Loan Disb 107,974,168.00
Jun 4, 2021 IBRD-92410 Loan Commitment 500,000,000.00
Jun 15, 2023 IBRD-92410 Int Charges 1,558.16
Jun 15, 2024 IBRD-92410 Int Charges 3,547.25
Dec 15, 2022 IBRD-92410 Int Charges 485,590.75
Dec 15, 2022 IBRD-92410 Int Charges 11,985.29
Sep 23, 2022 IBRD-92410 Loan Disb 1,250,000.00
Sep 23, 2022 IBRD-92410 Fee Charges 1,250,000.00
Jun 15, 2024 IBRD-92410 Int Charges 512,982.28
Jun 15, 2024 IBRD-92410 Int Charges 2,953,509.80
Dec 15, 2023 IBRD-92410 Int Charges 664.76
Jun 23, 2023 IBRD-92410 Loan Disb 17,500,000.00

Footnotes

Ratings

IMPLEMENTATION RATINGS

Name Review Date
Monitoring and Evaluation Satisfactory 2024-12-24
Overall Implementation Progress (IP) Satisfactory 2024-12-24
Progress towards achievement of PDO Satisfactory 2024-12-24
Monitoring and Evaluation Satisfactory 2024-12-24
Overall Implementation Progress (IP) Satisfactory 2024-12-24
Progress towards achievement of PDO Satisfactory 2024-12-24

COMPLETION RATINGS

INDICATORIMPLEMENTATION COMPLETION & RESULTS REPORT:
Outcomes
Risk to Development Outcome
Bank Performance
Borrower Performance
Government Performance
Implementing Agency

INDEPENDENT EVALUATION RATINGS

No data available.

Results Framework

PROJECT DEVELOPMENT OBJECTIVE INDICATORS

INDICATORBASELINECURRENTTARGET
  • Firms benefiting from private sector initiativesValue0.000.00343750.00
    DateJanuary 1, 2021January 1, 2021March 31, 2025
    Comment
  • Factored valueValue7756400000.003200000000.0014143000000.00
    DateMarch 31, 2023December 6, 2020March 31, 2025
    Comment
  • ODR resolved cases via Samadhan portalValue0.000.0012000.00
    DateJanuary 1, 2021September 28, 2021March 31, 2025
    Comment
  • Credit guarantee volume for greening investmentsValue0.000.0020000000.00
    DateJanuary 1, 2021September 28, 2021March 31, 2025
    Comment
  • Credit guarantee volume for women-headed businessesValue914000000.00715600000.001438000000.00
    DateMarch 31, 2023March 31, 2020March 31, 2025
    Comment
  • Firms benefiting from private sector initiativesValue0.000.00343750.00
    DateJanuary 1, 2021January 1, 2021March 31, 2025
    Comment
  • Factored valueValue7756400000.003200000000.0014143000000.00
    DateMarch 31, 2023December 6, 2020March 31, 2025
    Comment
  • ODR resolved cases via Samadhan portalValue0.000.0012000.00
    DateJanuary 1, 2021September 28, 2021March 31, 2025
    Comment
  • Credit guarantee volume for greening investmentsValue0.000.0020000000.00
    DateJanuary 1, 2021September 28, 2021March 31, 2025
    Comment
  • Credit guarantee volume for women-headed businessesValue914000000.00715600000.001438000000.00
    DateMarch 31, 2023March 31, 2020March 31, 2025
    Comment

INTERMEDIATE RESULTS INDICATORS

INDICATORBASELINECURRENTTARGET
  • Number of NBFCs operating as factors on the TReDS platformValue3.003.0021.00
    DateJanuary 1, 2021January 1, 2021March 31, 2025
    Comment
  • Evidence-based MSME "Core Reports" generated and "Impact Evaluations" launchedValue0.000.004.00
    DateJanuary 1, 2021January 1, 2021March 31, 2025
    Comment
  • Enhanced gender and new greening guarantee products placed on the marketValue0.000.000.00
    DateJanuary 1, 2021September 28, 2021
    Comment
  • Integrated National MSME Digital Platform (INMDP) and analytical functions operationalizedValuePortals not operating in integrated mannerPortals not operating in integrated mannerPhase 2 and Phase 3 (Data Dashboards) completed
    DateJanuary 1, 2021January 1, 2021March 31, 2024
    Comment
  • Number of ODR platform companies linked and operating through Samadhaan PortalValue0.000.006.00
    DateJanuary 1, 2021September 28, 2021March 31, 2025
    Comment
  • Strategic Investment Plans implementedValue0.000.000.00
    DateJanuary 1, 2021September 28, 2021March 31, 2025
    Comment
  • Number of accredited BDS providing services through the firm capability schemesValue100.00100.000.00
    DateJanuary 1, 2021January 1, 2021
    Comment
  • Number of NBFCs operating as factors on the TReDS platformValue3.003.0021.00
    DateJanuary 1, 2021January 1, 2021March 31, 2025
    Comment
  • Evidence-based MSME "Core Reports" generated and "Impact Evaluations" launchedValue0.000.004.00
    DateJanuary 1, 2021January 1, 2021March 31, 2025
    Comment
  • Enhanced gender and new greening guarantee products placed on the marketValue0.000.000.00
    DateJanuary 1, 2021September 28, 2021
    Comment
  • Integrated National MSME Digital Platform (INMDP) and analytical functions operationalizedValuePortals not operating in integrated mannerPortals not operating in integrated mannerPhase 2 and Phase 3 (Data Dashboards) completed
    DateJanuary 1, 2021January 1, 2021March 31, 2024
    Comment
  • Number of ODR platform companies linked and operating through Samadhaan PortalValue0.000.006.00
    DateJanuary 1, 2021September 28, 2021March 31, 2025
    Comment
  • Strategic Investment Plans implementedValue0.000.000.00
    DateJanuary 1, 2021September 28, 2021March 31, 2025
    Comment
  • Number of accredited BDS providing services through the firm capability schemesValue100.00100.000.00
    DateJanuary 1, 2021January 1, 2021
    Comment