INDIA                ,D2014
Is 11    2014
International Bank for Reconstruction and Development
1818 H Street, N.W.
Washington, D.C. 20433
United States of America
Re:    CTF Loan Number TFO 16957-IN
Development Policy Loan to Promote Inclusive Green
Growth and Sustainable Development in Himachal Pradesh
Article V of the Standard Conditions
Financial and Economic Data
Dear Sirs and Mesdames:
In connection with the Loan Agreement of this date between India (Member Country)
and International Bank for Reconstruction and Development (Bank) providing a loan (Loan) for
the above-captioned Project, and the Standard Conditions (Standard Conditions) made applicable
to the Loan Agreement, I am writing on behalf of the Member Country to set forth the following:
1.     We understand and agree that, for purposes of Section 5.01 of the Standard Conditions,
the Member Country is required by the Bank to report "long-term external debt" (as defined in
the World Bank's Debtor Reporting System Manual, dated January 2000 (DRSM)), in accordance
with the DRSM, and in particular, to notify the Bank of new "loan commitments" (as defined in
the DRSM) not later than 30 days after the end of the quarter during which the debt is incurred,
and to notify the Bank of "transactions under loans" (as defined in the DRSM) once a year, not
later than March 31 of the year following the year covered by the report.
2.     We represent that no Liens (as defined in the Standard Conditions), other than those
excluded pursuant to paragraph (c) of Section 5.02 of the Standard Conditions, exist on any
Public Assets (as defined in the Standard Conditions), as security for any External Debt (as
defined in the Standard Conditions). No defaults exist in respect of any external public debt (as
defined in the DSRM). It is our understanding that, in making the Loan, the Bank may rely on the
representations set forth or referred to in this letter.
3.     Please confirm  your agreement to the foregoing by having a duly authorized
representative of the Bank sign in the space provided below.
Very truly yours,
INDIA
By_
Autho          e   ive
AGREED
INTERNATIONAL BANK FOR
RECONSTRUCTION AND DEVELOPMENT
By
Authori ed Representative