| Financier | Commitments |
|---|---|
| International Bank for Reconstruction and Development | 750.00 |
MICRO, SMALL AND MEDIUM ENTERPRISES EMERGENCY RESPONSE
Abstract*
The development objective of Micro, Small and Medium Enterprises (MSME) Emergency Response Development Policy Loan (DPL) is to support the government of India (GoI) in preserving flows of finance to MSMEs through the Coronavirus (COVID-19) crisis and lay the foundations for a stronger MSME financing ecosystem in the recovery phase. This operation draws on the GoI’s recent Coronavirus (COVID-19) emergency response for MSMEs, the RBI’s various liquidity... Show More
Development Objective
The Project Development Objective of the proposed DPF is to support the GoI in preserving flows of finance to MSMEs through the COVID-19 crisis and lay the foundations for a stronger MSME financing ecosystem in the recovery phase.
Key Details
Project Details
P174292
Closed
Mehnaz Safavian , Marius Vismantas
Republic of India
June 25, 2020
(as of board presentation)
June 30, 2020
July 14, 2020
US$ 0.00 million
Department of Financial Services, Ministry of Finance
2020
US$ 750.00 million
N/A
Not Applicable
June 30, 2021
BANK APPROVED
June 29, 2022
Finances
Financing Plan (US$ Millions)
Total Project Financing (US$ Millions)
| Product Line | IBRD/IDA |
|---|---|
| IBRD Commitment | 750.00 |
| IDA Commitment | N/A |
| IBRD + IDA Commitment | 750.00 |
| Lending Instrument | |
|---|---|
| Grant Amount | N/A |
| Total Project Cost** | N/A |
Summary Status of World Bank Financing (US$ Millions) as of April 30, 2025
No data available.
| Period | Financier | Transaction Type | Amount (US$) |
|---|---|---|---|
| Jul 15, 2024 | IBRD-91530 | Int Charges | 160,537.95 |
| Jul 15, 2023 | IBRD-91530 | Int Charges | 20,591,884.00 |
| Jul 15, 2024 | IBRD-91530 | Int Charges | 22,832,438.00 |
| Jun 30, 2020 | IBRD-91530 | Loan Commitment | 750,000,000.00 |
| Jan 15, 2024 | IBRD-91530 | Int Charges | 320,346.44 |
| Jan 15, 2024 | IBRD-91530 | Int Charges | 24,450,134.00 |
| Jul 22, 2020 | IBRD-91530 | Loan Disb | 748,124,990.00 |
| Jul 14, 2020 | IBRD-91530 | Loan Disb | 1,875,000.00 |
| Jul 14, 2020 | IBRD-91530 | Fee Charges | 1,875,000.00 |
| Jan 15, 2021 | IBRD-91530 | Int Charges | 3,835,435.00 |
| Jul 15, 2021 | IBRD-91530 | Int Charges | 3,657,708.20 |
| Jul 15, 2022 | IBRD-91530 | Int Charges | 4,294,400.50 |
| Jan 15, 2022 | IBRD-91530 | Int Charges | 3,373,333.20 |
| Jan 15, 2023 | IBRD-91530 | Int Charges | 851,168.94 |
| Jan 15, 2023 | IBRD-91530 | Int Charges | 15,492,996.00 |
| Jul 15, 2023 | IBRD-91530 | Int Charges | 986,019.94 |
| Jul 15, 2024 | IBRD-91530 | Int Charges | 1,767,711.60 |
Ratings
IMPLEMENTATION RATINGS
No data available.
COMPLETION RATINGS
| INDICATOR | IMPLEMENTATION COMPLETION & RESULTS REPORT: 06-29-2022 |
|---|---|
| Outcomes | Substantial |
| Risk to Development Outcome | |
| Bank Performance | Substantial |
| Borrower Performance | |
| Government Performance | |
| Implementing Agency |
INDEPENDENT EVALUATION RATINGS
| INDICATOR | ICR REVIEW: 06-28-2023 | PROJECT PERFORMANCE ASSESSMENT REPORT: |
|---|---|---|
| Outcome Rating | Satisfactory | N/a |
| Risk To Development Outcome | N/a | |
| Bank Performance | Satisfactory | N/a |
| Borrower Performance | N/a | |
| Government Performance | N/a | |
| Implementing Agency | N/a | |
| Icr Quality | Substantial | N/a |
| M&e Quality | N/a |
Results Framework
No data available.