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People will benefit from efficiency in public offices.
India has signed a Loan Agreement with the World Bank for US$35 million for “Assam State Public Financial Institutional Reforms Project” to help improve predictability and transparency in budget execution and efficiency in tax administration in the state.
The project will benefit the citizens of Assam through efficient processes, enhanced transparency and better service delivery, such as electronic payments and collections for services, better public procurement, and enhanced taxpayer services, provided by public institutions.
Assam state will fund the rest of US$44 million 5-year programme.
The agreement was signed by Raj Kumar, Joint Secretary (MI), Department of Economic Affairs and John Blomquist, Acting Country Director, World Bank (India) in New Delhi on 27 June 2017. fii-news.com
