INDIA: PROJECTS & PROGRAMS:

INDIA, IBRD SIGN $713-M PACT FOR INFRASTRUCTURE SECTOR PROJECTS:

TABLE 158 : INDIA'S EXTERNAL DEBT - RUPEES
(End-March) (Contd.)
(Rupees crore)
Item 2002 2003 2004 2005 2006 2007 2008 2009 2010
1 12 13 14 15 16 17 18 19 20
I. Multilateral 155633 142683 131105 138897 145503 154053 157901 201425 192875
A. Government Borrowing 138023 129727 120073 127782 133800 141746 144627 181997 170720
i) Concessional 96177 102559 101490 105114 105852 108448 107395 127771 116046
a) IDA 94848 101122 100065 103671 104457 107019 105947 126127 114552
b) Others 1329 1437 1425 1443 1395 1429 1448 1644 1493
ii) Non-concessional 41846 27168 18583 22668 27948 33298 37232 54226 54674
a) IBRD 28012 19069 14074 16500 19626 21864 22631 29948 28872
b) Others 13834 8099 4509 6168 8322 11434 14601 24278 25803
B. Non-Government 17610 12956 11032 11115 11703 12307 13274 19428 22155
Borrowing
i) Concessional 0 0 0 0 0 0 0 0 0
ii) Non-concessional 17610 12956 11032 11115 11703 12307 13274 19428 22155
a) Public Sector 12729 9255 7916 8000 8510 9315 10352 14298 14551
IBRD 7298 4378 4402 4462 4594 4550 4690 7105 8239
Others 5431 4877 3514 3538 3916 4765 5662 7193 6311
b) Financial Institutions 3736 3177 2902 2789 2628 2414 2350 3721 5286
IBRD 1049 525 381 252 630 655 593 744 1244
Others 2687 2652 2521 2537 1998 1759 1757 2977 4042
c) Private Sector 1145 524 214 326 565 578 572 1409 2319
IBRD 929 298 0 0 0 0 0 0 0
Others 216 226 214 326 565 578 572 1409 2319
II. Bilateral 74762 79921 77084 74530 70302 70034 78802 105011 101986
A. Government Borrowing 56302 60243 58121 57458 54593 53810 59391 74662 71573
i) Concessional 55418 59688 57742 57207 54468 53810 59391 74662 71573
ii) Non-concessional 884 555 379 251 125 0 0 0 0
B. Non-Government 18460 19678 18963 17072 15709 16224 19411 30349 30413
Borrowing
i) Concessional 6885 8013 8876 7471 6949 1727 1737 3262 3161
a) Public Sector 4278 5152 5759 5653 5285 1241 1226 1156 1120
b) Financial Institutions 2607 2861 3117 1818 1664 486 511 2106 2041
c) Private Sector 0 0 0 0 0 0 0 0 0
ii) Non-concessional 11575 11665 10087 9601 8760 14497 17674 27087 27252
a) Public Sector 4822 5116 4851 4353 3628 7420 10097 15076 13851
b) Financial Institutions 3708 3571 3119 2847 2386 3828 3735 4311 3435
c) Private Sector 3045 2978 2117 2401 2746 3249 3842 7700 9966
III. International Monetary 0 0 4379 4502 4343 4484 4479 5188 27264
Fund
IV. Trade Credit 26110 23750 20553 21976 24175 31237 41296 73819 76179
a) Buyers Credit 16147 13421 11061 13040 16088 23617 33134 64109 67034
b) Suppliers Credit 5144 5139 4471 3961 3351 2941 2998 3218 2921
c) Export Credit Component 4819 5190 5021 4975 4736 4679 5164 6492 6224
of Bilateral Credit
d) Export Credit for Defence 0 0 0 0 0 0 0 0 0
Purpose

INDIA and the IBRD signed three agreements for assistance aggregating $713 million towards
infrastructure projects. These include the Third National Highway project which envisages IBRD
funding of $516 millions, a loan of $62 million for the telecom sector reform technical assistance
project and the second renewable energy project for which the IREDA will get a loan of $80
millions.

The loan for the National Highway project which will be implemented over a period of five years
will be used for four to six leaning of 477 km of high traffic volume stretches of the National
Highway No. 2 in Uttar Pradesh and Bihar. The project also includes a component for corridor
management, road safety improvement and institutional strengthening. The single currency loan
has a variable spread and rate with a grace period of over five years and a maturity period of five
years. It is expected to be completed by December 31, 2005.

The total cost of the telecom sector reform technical assistance project is estimated at $72
million with a World Bank loan of $62 million and a counterpart funding of $10 million by the
Government. The loan will primarily be used to upgrade spectrum management capabilities of
the Department of Telecommunications (DoT).

PROJECT INVESTMENT:
Nearly 51% of the total Bank lending to India is by IBRD loans. This includes various
developmental projects like Nathpa Jhakri Project, National Dairy Project and Upper Krishna
Irrigation. India had 450 projects of which around half were carried out by IBRD. Its assistance
has been extended to the Railways, Power, Fertilizer and Telecommunication sector.

Satluj Jal Vidyut Nigam (formerly Nathpa Jhakri Power Corporation Ltd) has run up all six
250MW units of the Nathpa Jhakri Hydroelectric Power project. Four of the units have already
been commissioned, and the last two (Units #1 and 2) began working in March 2004, four
months ahead of schedule.
As a whole, Nathpa Jhakri boasts the largest and longest headrace tunnel, largest desilting
chambers, deepest and largest surge shaft, and the largest underground power complex. The
project has added 1,500MW capacity to the Indian Northern Grid since the the first unit was
commissioned in October 2003. The Union power ministry is reportedly treating this as a
benchmark for future hydroelectric projects.

The Nathpa Jhakri project, which began in 1993, is for a 1,530MW installation on the upper
reaches of the river Satluj in the Kinnaur and Shimla districts of Himachal Pradesh, in the
foothills of the Himalayas.

The project includes a 60.5m-high dam and underground desilting complex and a 27MW Francis
unit. It supplies Himachal Pradesh and the Northern Regional Grid States in India. A high-
voltage transmission system (220kV) transports power from the Nathpa Jhakri hydro station to
Haryana's grid system.

Apart from its various projects mentioned above IBRD recently invested in development of
transportation facility in India. Its investment were as below.

IBRD - $350 million: Lower freight and passenger transport costs will reduce transport
bottlenecks affecting economic development and will benefit the traveling public, agricultural
and industrial producers, consumers, and local communities in Andhra Pradesh. Total cost:
$485.5 million.

IBRD - $51.5 million: Technical assistance will be provided to state governments to support road
infrastructure finance and maintenance reform. Total cost: $68 million.

IBRD - $50 million: Assets lost in the floods and cyclones in Andhra Pradesh last year will be
restored and actions will be taken to reduce future hazards. Total cost: $220 million.

LOAN FOR TN ROADS:

The World Bank has sanctioned a $50.7 million loan to India for upgrading roads in Tamil Nadu.
The loan will be used to upgrade 1,380 km of roads and for two lining of 720 km road in the
state’s core network. This funding is additional financing to the Tamil Nadu Road Sector Project,
which became effective on 31 October 2003, with a loan amount of $348 million.

The additional loan from the International Bank for Reconstruction and Development (IBRD)
has a 25-year maturity including a five-year grace period. Till date, the project has improved
around 850 km of roads and upgraded 570 km of existing state highways to two lane roads. The
additional financing will help meet a cost overrun, primarily caused by an increase in the prices
of construction materials and an appreciation of the Indian rupee

INDIA: IBRD AID FOR KARNATAKA INFRASTRUCTURE SECTOR:

The $ 2.5-billion (about Rs 12,000 crore) loans that the World Bank President has more or less
promised Karnataka over the next seven years is aimed at improving infrastructure like roads and
urban water supply besides watershed development over five years.

The Bank's State-level lending programmers for Karnataka will also bring the private sector into
water management contracts in 13 northern urban bodies. The Bank President, Mr. James
Wolfensohn, said here that "a decision has been taken to work closely with the State Government
and the Chief Minister can count on our partnership" in developmental activities.

INFRASTRUCTURE
1. Rural Roads: Rural roads are revitalizing village economies in Rajasthan and Himachal
Pradesh.
2. Mumbai Urban Transport Project (MUTP): The MUTP is carrying out much-needed
improvements to Mumbai’s rail and road infrastructure.
3. Resettlement under MUTP: Resettling the displaced is an unprecedented exercise in
improving the lives of the urban poor.
4. Building State Highways in Andhra Pradesh: A new inter-state highway linking Hyderabad
with Chennai has brought prosperity to the remote regions.

RURAL DEVELOPMENT
1. Empowering the Poor in Tamil Nadu: The livelihoods and quality of life of the rural poor,
particularly women and other disadvantaged groups, is being improved.
2. Reclaiming Saline Lands in Uttar Pradesh: Large tracts of saline lands in UP have been
rendered fertile, boosting productivity and raising farmers' incomes.
3. Better Crops, Higher Incomes in Dry Watershed Lands of Karnataka: Degraded lands have
been brought under cultivation and farm yields have risen in the drought-prone regions of
Karnataka.
4. Restoring Rain Water Reservoirs - Tanks - in Karnataka: Rural communities in the poorest
and driest districts are restoring traditional rain water reservoirs - known locally as tanks - to
increase the productivity of their land.
5. Computerizing Land Records in Karnataka: With World Bank assistance, 20 million land
records have been computerized, benefiting 6.7 million farmers in Karnataka.
6. Improving Agriculture in Assam: Tubewells and community-managed irrigation systems
extend farming season in Assam, farmers' incomes rise significantly.
7. Reversing the Degradation of Natural Resources in the Lower Himalayas: Farmers in the
lower Himalayan regions of Punjab, Haryana, Uttarakhand, Himachal Pradesh and J&K have
conserved soil and water, improved drinking water supply, and built roads and bridges.

RURAL WATER SUPPLY AND SANITATION

Bringing Water Connections to Rural Households in Kerala: Women who spent hours collecting
water are now getting water in their homes.

CREATING JOBS
Small and Medium Enterprises: The World Bank is financing the SME sector in India to increase
job creation.

HEALTH
1. Eliminating Leprosy: Access to diagnosis and treatment services has increased, particularly
for the poorest, cutting leprosy cases in half between 1993 and 2000.
2. Controlling TB: Remarkable progress is being made in controlling the spread of tuberculosis
- a leading cause of illness and death in adults in India.
3. Reducing the Incidence of Cataract by more than half: The World Bank has been a leading
partner in India’s efforts to address cataract blindness with a special focus on women and
those living in tribal and remote areas.

RECONSTRUCTION
Rebuilding After the Tsunami: Helping to rebuild lives and livelihoods after the 2004 tsunami.
Examples of how people in India are working with the World Bank to transform their own lives
today and set the stage for a brighter future.
In India Tsunami Relief Participation: When hundreds of thousands of tsunami survivors lost
homes and livelihoods in the Indian fishing villages of Cuddalore, no proof of ownership made
compensation seem impossible.

Project Name Country IBRD / Status Approval

IDA Date

Uttarakhand Decentralized Watershed Project Additional India 7.98 Active 11-JAN-2011

Financing

PMGSY Rural Roads Project India 1500 Active 20-DEC-

2010

NHAI Technical Assistance Project India 45 Active 30-NOV-

2010

India: Economic Empowerment Project for Women India 0 Active 18-NOV-

(SEWA) 2010

TAMIL NADU EMPOWERMENT AND POVERTY India 154 Active 18-NOV-

REDUCTION "VAZHNDHU KATTUVOM" PROJECT 2010
ADDITIONAL FINANCING

Maharashtra Agricultural Competitiveness Project India 100 Active 28-SEP-2010

Bihar Kosi Flood Recovery Project India 220 Active 09-SEP-2010

Planning Support Unit for City Development Planning in India 0 Active 10-AUG-
Madhya Pradesh 2010

Portable Solar/Wind Greenhouse to Grow Fodder for India 0 Active 01-JUL-2010

Sustainable Dairy Farms

Dam Rehabilitation and Improvement Project India 350 Active 29-JUN-2010

Mumbai Urban Transport Project-2A India 430 Active 29-JUN-2010

India National Cyclone Risk Mitigation Project (1) India 255 Active 22-JUN-2010

Integrated Coastal Zone Management India 221.96 Active 15-JUN-2010

Karnataka RWSS II Additional Financing India 150 Active 15-JUN-2010

West Bengal PRI India 200 Active 08-JUN-2010

India - Capacity Buildng for Industrial Pollution India 64.15 Active 03-JUN-2010
Management

Andhra Pradesh Water Sector Improvement India 450.6 Active 03-JUN-2010

BBMB Hydro Power Rehab Project - Carbon Finance India 0 Active 01-JUN-2010

India: Scaling Up Sustainable and Responsible India 300 Active 01-JUN-2010

Microfinance