PRAKASH CHAND MEENA
SECTION OFFICER, DEPARTMENT OF ECONOMIC AFFAIS, MINISTRY OF FINANCE, GOVERNMETN OF INDIA
New Delhi
Summary
Work in a challenging environment to constantly learn, contribute and grow along with the organization.
Over 10 years of fulltime diversified work experience including Multilateral Development Banks (MDBs). During this period, I have widespread experience in Government of India at various capacities and responsibilities, and extensively involved in financing and management of infrastructure projects supported with Multilateral Development Banks, policy review and formulations and other development issues. More specifically, I have been working on matters related various International Financial Institutions such as NDB, AIIB, IFAD and ADB, including Board matters and investment operations of these MDBs. Core strengths include financing and management of Externally Aided Projects (EAPs), policies of NDB, AIIB, IFAD and ADB.
Overview
14
14
years of professional experience
6
6
years of post-secondary education
2
2
Languages
Work History
Section Officer and Assistance Section Officer
Department of Economic Affairs, Ministry of Finance
New Delhi
07.2015 - Current
- Lead in the formulation and review of policies related to international financial institutions, with a focus on the NDB, AIIB, IFAD and ADB.
- Collaborate on matters concerning the establishment of NDB, AIIB, IFAD and ADB presence in India, lending modalities, and administrative and non-administrative aspects.
- Contribute to the design and implementation of innovative lending modalities, such as Project Readiness Financing (PRF), targeting the development needs of North Eastern and Himalayan States.
- I coordinated with multilateral development banks such as the Asian Development Bank (ADB), Asian Infrastructure Investment Bank (AIIB), New Development Bank (NDB), and International Fund for Agricultural Development (IFAD). The borrowers are primarily the Government of India at the central level and respective state governments acting as executing agencies for the projects.
- Coordinate and oversee requests for Technical Assistance (TA) from various government entities and executive agencies to enhance their capacity and support MDB lending.
- Analyze and evaluate Project Proposal Reports (PPR), securing necessary clearances from relevant authorities.
- Present proposals to the department's decision-making bodies for approval, ensuring alignment with the goals of international financial institutions.
- Manage and provide strategic direction for a diverse portfolio of projects, typically ranging from 15-20 projects with a total value of USD 10-15 billion.
- Play a pivotal role in developing a robust project pipeline, aligning with the organization's long-term development goals.
- I was responsible for developing and managing a pipeline of externally aided projects by coordinating with ministries, state governments, and MDBs.
- This involved identifying priority projects, assessing readiness, facilitating the preparation of proposals, ensuring alignment with financing frameworks, and securing necessary approvals to advance projects for timely negotiation and implementation.
- I facilitated smooth project execution by resolving clearance-related challenges, closely monitoring progress, and coordinating with stakeholders.
- I actively participated in Tripartite Portfolio Review Meetings (TPRM) to address bottlenecks, ensure timely disbursements, and keep projects on track.
- I handled projects across sectors like transport, urban development, health, energy, and disaster resilience, aligned with MDB priorities such as climate action, gender equity, and digital transformation, while supporting GoI goals on inclusive growth, infrastructure, and development of North Eastern and Himalayan States.
- I was involved in reviewing and facilitating changes in the scope of work for several projects in consultation with executing agencies and MDBs.
- This included assessing technical, financial, and operational implications, securing necessary approvals, and ensuring the revised scope remained aligned with project objectives, funding arrangements, and GoI priorities.
- I coordinated closely with MDBs and state governments to resolve implementation issues, secure approvals and legal clearances, and support capacity-building, ensuring smooth project execution and alignment with all requirements.
- Lead the negotiation and agreement management process in collaboration with internal and external stakeholders.
- Ensure precision and alignment with project objectives, actively participating in the negotiation process.
- Streamline the distribution of loan negotiation documents to relevant stakeholders and seek timely approvals.
- At the Department of Economic Affairs, I played a key role in finalizing financial and legal terms of loans with MDBs like ADB, AIIB, and NDB—reviewing and negotiating interest rates, repayment terms, and legal clauses to align with national policies.
- I coordinated with states, legal departments, and executing agencies to ensure timely clearances, compliance with Indian laws, and smooth loan negotiation, signing, and effectiveness.
- Oversee the process of obtaining legal opinions from State Government, Project Executing Agency, and legal authorities, adhering to strict procedural guidelines.
- Facilitate the transmission of legal opinions to international financial institutions, ensuring adherence to timelines for loan effectiveness.
- Monitor legal compliance and resolve issues promptly to prevent any disruptions in the loan signing process.
- Maintain a vigilant watch over project progress, disbursement, and diligently resolve any project-related challenges in accordance with established procedures.
- Ensure that projects undergo thorough auditing processes by relevant agencies, aligning with project agreements and compliance standards.
- Convene regular Tripartite Portfolio Meetings (TPRM) to foster comprehensive collaboration and oversight among key stakeholders.
- Lead efforts to coordinate with a wide range of stakeholders, including international financial institutions, central and state government bodies, and various executing agencies.
- Ensure effective collaboration and communication across diverse project environments, promoting successful project implementation.
- Maintain a comprehensive project and Technical Assistance (TA) repository to facilitate easy access to information and real-time updates.
- Successfully exceeded targets for loan negotiation and signing, significantly contributing to the organization's accomplishments.
- Notably, managed and ensured the success of two major projects: the Asia Pacific Vaccination and Mumbai Metro Rail projects, which played a pivotal role in achieving organizational objectives.
Single Window Operator
Union Bank of India, State Bank of India and Indian Overseas Bank
JAIPUR
07.2011 - 07.2015
- Leverage extensive experience from roles at State Bank of India and other nationalized banks to bring in-depth knowledge of banking and financial services to the new position.
- Apply insights gained from handling internal banking operations and delivering financial services to individual and commercial customers to address various challenges in the field.
- Utilize a well-rounded background in banking to build and enhance customer relations.
- Collaborate across various departments and teams to ensure the smooth functioning of internal banking operations.
- Employ a broad spectrum of skills and insights acquired from working with different banking institutions to contribute to multifaceted solutions for the organization.
- Leverage a customer-centric approach based on previous interactions with individual and commercial customers.
- Utilize your experience to create and maintain strong customer relationships that enhance the organization's reputation and drive customer satisfaction.
- Draw from experience at multiple banks to adapt to different work environments and effectively address challenges in the field.
- Apply a problem-solving mindset to identify and implement solutions that align with the organization's goals and customer needs.
Education
MBA - IT+FINANCE
Swami Vivekanand Subharti University
Meerut 12.2019 - 01.2022
Master of Arts - Public Administration
University of Rajasthan
Jaipur 11.2019 - 04.2021
Bachelor of Arts - Public Administration, Sociology, History
University of Rajasthan
Jaipur 11.2007 - 05.2010
Skills
Personal Information
- Gender: Male
- Nationality: Indian
Morning walk
Morning walk keeps me healthy and fit while giving me time to plan my day. The fresh air and quiet help me stay focused and energized.
Timeline
MBA - IT+FINANCE
Swami Vivekanand Subharti University
12.2019 - 01.2022
Master of Arts - Public Administration
University of Rajasthan
11.2019 - 04.2021
Section Officer and Assistance Section Officer
Department of Economic Affairs, Ministry of Finance
07.2015 - Current
Single Window Operator
Union Bank of India, State Bank of India and Indian Overseas Bank
07.2011 - 07.2015
Bachelor of Arts - Public Administration, Sociology, History
University of Rajasthan
11.2007 - 05.2010
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