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World Bank promises $500 m for e-gov plan

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CIOL Bureau
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NEW DELHI: Consequent to the dialogue with the World Bank by the Government of India for possible support of its National e-Governance Plan (NEGP) followed by the identification mission, the World Bank has approved the project concept to proceed further to support NEGP projects. The bank has also agreed in principle to finance $500 million over the next four years. This will have a potential for follow-up with additional financing provided the need, absorptive capacity and rapid disbursement of initial financing, depending upon the need.






A final decision of Bank support, including amount of financing and other modalities is expected within the next nine -12 months, subject to adequate preparation by the government.





This announcement came at the concluding session of the National e-Governance Plan (NEGP) workshop with state and union territories, held here on March 11 and March 12, 2005 organized jointly by the Department of Information Technology (DIT) and planning commission. Finance and IT secretaries and senior officials of the 25 states and union territories attended the conference.





NEGP in the present form consists of 10 functional components and 25 Mission Mode Projects (MMPs) to be completed in a timeframe of four years. An Apex committee under the Cabinet Secretary is already in place for providing the strategic direction and management oversight. A formal structure to support the Apex committee is currently under formulation.










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