Asian Development Bank India Assessment Answer

Client Background

Asian Development Bank mainly deals with financial supports to Asian countries mainly for their sustainable development. However, the Asian Development Bank has better connection and relationship with India. Four main projects have been highlighted in the relationship with Asian Development Bank or ADB are as mentioned. We have proposed for $25 billion funding for India’s development funding. The second project is ADB has approved $130 billion loan to develop the horticulture of India. We have also cleared the proposal for the urban development projects and financing regional infrastructure development for Asia. On 8 ^th Feb, 2023 ADB has approved Himachal Pradesh Subtropical Horticulture, Irrigation, and Value Addition Project and in January we approved Nhava Sheva Container Terminal Financing Project. Even we also focused on Strengthening Vocational High Schools in South Asia.

Project Introduction

Asian Development Bank through us mainly highlights the fact that project Sembcorp Green Infra Wind Project is under consideration. However, ADB mainly helping India’s MSME sectors to survive. The rise of MSME sectors will have huge employment generation in near future. In India, ADB helped 40,000 Poultry Farmers to Stay in Business During the Pandemic. Lots of projects is going to help India in dealing with sustainable development both in urban and rural areas.

Project Scope Exclusions

1. The future scope of ADB in Indian subcontinent is very high. We have discussed many projects with ADB bank.
2. The synopsis of the project is to implement better financing conditions to the rural and semi rural area.
3. Most of the areas we try to cover but India being one of the largest countries in Asia continent, few areas are missed out from their projects. The major scope of the project is to develop the areas in which there is lack of financing.
4. Moreover, the Asian Development Bank majorly focuses on bringing the small sectors through providing loans to the MSME sectors.
5. The overall development of the project will be to implement better projects that will no doubt increase the overall employment in those areas.
6. Initially there will be huge exclusions for the projects but the overall development in small and medium scale industries will definitely bring the best form of development.
7. Moreover, the improvement in knowledge is essential in dealing with sustainable changes that are portrayed in the long run.
8. Even today most of South East Asia countries need to improve their education level in order to project better understanding in near future.

Data Model & Data Analysis Hypothesis

Being one of the biggest banks we have access to many data and also through many smaller banks we gain the data for the overall development projects. We have mainly focused on the development of MSME loans and giving loans to small banks instead of giving loans to individuals. The data model is basically time serries data. The main idea behind such type of data is to observe the trend overtime. Analysing data hypothesis, is one of the important aspects that has to be catered in such a way that proper statistical tools that will help in making strong decisions in near future.

Time serries analysis will somehow pose for the development in making better quality. First process of data analysis hypothesis will somehow pose for the improvement in making ANOVA analysis. Time serries analysis somehow pose for the data redundancy in the long run as these kinds of data incorporate many seasonality in the data. Removing them is essential in order to get proper analysis.

Key Assumptions, Constraints & Dependencies

The main constraints that are mainly associated with such kind of projects is lack of data. Even today in many rural areas in India, there is lack of computers and most data are inputted by hand. Most banks also do not have the opportunities to monitor closely about the loans that are taken by individuals. In order to remove the constraints, it has to be involved in making better approach. Any kind of financial analysis will obviously have many discrepancies and removing them prior analysis will somehow boost the overall quality of the work. The repo rate and rate of currency will also place huge challenge in the financial analysis. Moreover, through the sustainable development the key constraint must be ensured to make some better quality. One of the assumptions that has to be made while making financial decisions is to bring better involvement of resources and how those resources can perform well.

RACI & Communication Plan

The plan to communicate is to make meetings with government and RBI regarding how to channelise the funds in better situations and better way so that efficient allocation of resources is possible to deliver. However, it has been a tough job to identify the areas that requires funding in a vast country like India. Communication plan mainly highlight the pros and cons of the project plan. RACI mainly stands for responsibility assignment matrix, and through this matrix it is important to deliver best form of resource development. Moreover, through the development of strong authenticity in the resource merging and allocation this matrix will help ADB to implement better understanding of the project.

Project Plan

1. The project plan is to figure out first the areas that need funding. Second step is to follow with government and local bodies of that area or region.
2. In case of big projects, the development committee needs to identify the fund size. After deciding the fund size, it is highly important for the committee to implement those changes into the project.
3. The implementation of the fund has to be developed in such a manner so that better and strong utilisation will definitely induce in better quality.
4. Moreover, through the cosmopolitan methodology the overall use of resources has to be in perfect manner.
5. Project plan has to be perfect in order to bring best quality of resource development in the long run. These projects are huge in number and has to implement better optimisation.

Project Risk Register

Risk register is important to accumulate the risks associated with such kind of projects.

References

Aggarwal, A., 2022. Special Economic Zones in the Indonesia–Malaysia–Thailand Growth Triangle: Opportunities for Collaboration. Asian Development Bank.

Duggan, N., Ladines Azalia, J.C. and Rewizorski, M., 2022. The structural power of the BRICS (Brazil, Russia, India, China and South Africa) in multilateral development finance: A case study of the New Development Bank. International Political Science Review, 43(4), pp.495-511.

Hayakawa, K., Lee, H.H. and Park, C.Y., 2022. The effect of COVID-19 on foreign direct investment. Asian Development Bank Economics Working Paper Series, (653).

Matthews, J. and Cruz, E.O.D., 2022. Integrating Nature-Based Solutions for Climate Change Adaptation and Disaster Risk Management: A Practitioner's Guide. Asian Development Bank.

Morgan, P.J., Long, T.Q. and Kim, K., 2022. Impacts of COVID-19 on Households in ASEAN Countries and Their Implications for Human Capital Development: Medium-Run Impacts and the Role of Government Support.

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