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Sikkim: Integrated Service Provision and Innovation for Reviving Economies Operation

Abstract*

The Sikkim INSPIRES Program will support three RAs that will contribute towards the achievement of economic inclusion opportunities for women and youth in non-farm sectors. These are (i) Strengthened institutional systems for planning for economic inclusion (ii) Improved labor market inclusion for women and youth in emerging sectors (iii) Enhanced delivery of enabling services for economic inclusion of women and youth

* 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 PDO is to promote economic inclusion opportunities for women and youth in non-farm sectors.

Key Details

Project Details

  • P180634

  • Active

  • Verena Phipps-Ebeler , Benedicte Leroy De La Briere

  • India

  • India

  • April 10, 2023

  • (as of board presentation)

    December 21, 2023

  • March 13, 2024

  • US$ 100.00 million

  • Planning and Development Department, Government of Sikkim

  • South Asia

  • 2024

  • US$ 100.00 million

  • N/A

  • Low

  • April 30, 2029

  • Yes

  • BANK APPROVED

  • April 25, 2023

  • Notes

Finances

Financing Plan (US$ Millions)

No data available.
Financier Commitments
International Bank for Reconstruction and Development 100.00
Borrower/Recipient 126.40

Total Project Financing (US$ Millions)

Product Line IBRD/IDA
IBRD Commitment 100.00
IDA Commitment N/A
IBRD + IDA Commitment 100.00
Lending Instrument
Grant Amount N/A
Total Project Cost** 100.00

Summary Status of World Bank Financing (US$ Millions) as of April 30, 2025

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

Detailed Financial Activity as of April 30, 2025

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No data available.
Period Financier Transaction Type Amount (US$)
Mar 13, 2024 IBRD-96290 Loan Disb 250,000.00
Dec 21, 2023 IBRD-96290 Loan Commitment 100,000,000.00
Apr 26, 2024 IBRD-96290 Loan Disb 10,190,000.00
Mar 13, 2024 IBRD-96290 Fee Charges 250,000.00
Aug 14, 2024 IBRD-96290 Loan Disb 131,539.73

Footnotes

Ratings

IMPLEMENTATION RATINGS

Name Review Date
Progress towards achievement of PDO Satisfactory 2024-12-06
Monitoring and Evaluation Satisfactory 2024-12-06
Overall Implementation Progress (IP) Satisfactory 2024-12-06

COMPLETION RATINGS

No data available.

INDEPENDENT EVALUATION RATINGS

No data available.

Results Framework

No data available.