Restructuring Options for State Finance Corporation and Industrial Development Corporation

ASI provided support to the Government of Andhra Pradesh, India, in assessing the financial performance of two state owned development finance institutions.  In this role, ASI were responsible for determining the DFI's effectiveness in delivering their social objectives and recommending restructuring options to the Cabinet Sub-Committee in line with government policy objectives. This proved to be a significant driver for change in reforming the processes and procedures by which the DFIs sought to address short-falls in development resources, increasing the government's ability to meet it strategic socio-economic objectives.