HOW ARE PRIORITIES SELECTED? Working with the government and civil society, the World Bank has developed an action plan known as the India Country Strategy (CAS) which describes what kind of support and how much could be provided to the country over a period of around four years. The CAS directly supports the government's five-year plan and focuses on strengthening the enabling environment for development and sustainable growth and supporting critical interventions of special benefit to the poor and disadvantaged.
The World Bank also produces studies and reports based upon its own analysis of a given issue. Topics of research come from the Bank's Country Strategy. This research is intended to provide an unbiased perspective on a range of specific development challenges. Additional studies include reviews of economic policies (Country Economic Memoranda), fiscal spending (Public Expenditure Review), environmental reviews (Environmental Action Plan), and other specific topics. Further discussion of development issues is promoted through workshops and other events. These events bring together groups such as government, media, and civil society organizations to discuss how best to move forward on a given issue. See Publications and Reports PROJECTS
As outlined in the support strategy, India develops its own projects with World Bank financing and technical support. The project cycle outlines the process of identifying, financing, implementing, and evaluating projects. Various financing options are available based upon the type of assistance needed. Loans or credits (interest-free loans) for these projects are then submitted for approval to the Executive Directors, the World Bank's decision-making body which represents all member countries. It is important to note that the implementation of projects is managed by the government itself. The government designates an office, referred to as the Implementing Agency, which is responsible for aspects such as procurement and selection of consultants and day-to-day work, monitoring, and evaluation. Operational Policies set guidelines to ensure that projects meet the World Bank's own criteria such as social and environmental standards. Project evaluations are conducted to capture and share lessons for future reference.
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