ADB approves $50 mn loan to improve resource planning in West Bengal

ADB approves $50 mn loan to improve resource planning in West Bengal

The Asian Development Bank on Friday said it has approved a USD 50 million loa

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The on Friday said it has approved a USD 50 million loan to improve operational efficiencies and resource planning and management in


The loan will support the integration of financial and information system and the expansion of automation reforms in the operations of the state government, which are expected to strengthen the delivery of public services and create fiscal savings, said the Manila-based multilateral lending agency in a release.



The loan will be supplemented by a USD 350,000 technical assistance grant for capacity building, monitoring of IFMS (Integrated Financial Management System) reforms, and strengthening the integration of social and gender aspects in reform areas.


This programme supports the Government of India’s objective of making public services more accessible through interoperable eGovernment platforms, ADB Senior Public Management Economist for South Asia Navendu Karan said.


It will help improve the management of social protection benefits…



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