72852   FROM: Vice President and Corporate Secretary     Minutes of Joint Meeting of the Executive Directors of the Bank and IDA,   and the Boards of Directors of IFC and MIGA, held in the Board Room on Thursday, September 6, 2012, at 10:05 a.m.       1. There were present: CHAIR:   S.M. Indrawati, Managing Director   EXECUTIVE DIRECTORS AND ALTERNATES ACTING AS EXECUTIVE DIRECTORS:   I. Alturki (Alternate) B. Lvin (Temporary Alternate)   S. Aviel (Alternate) S. Moorehead D. Baransaka (Temporary Alternate) M.-L.Morin   D. Bohan (Alternate) M. Mozayani (Temporary Alternate) A. Brandt M. Muhtar (Alternate)   P. Cipollone S. Nanu (Alternate) P. Espinola (Temporary Alternate) M.N. Prasad   M. Garcia L. Schneller (Temporary Alternate) M. Hasan N. Speer (Temporary Alternate)   I. Hoven Y. Takamura (Alternate) K. Huber J. Whitehead   J.-P. Julia (Alternate) S. Yang M.S. Kayad (Alternate)   ALTERNATES NOT ACTING AS EXECUTIVE DIRECTORS:   A. Alkaffas S. James   G. Alzetta M. Tareque     OFFICERS AND STAFF PARTICIPATING: J. Familiar, Vice President and O. Ruhl, Director, SACIN* Corporate Secretary H. Acquay, SASDI A.-M. Leroy, Senior Vice President and J. Armstrong, SACIA Group General Counsel, LEGVP C. Cormier, SASDC R. Robbins, Vice President and L. Papi, IMF General Counsel, CLVVP B. Geiser, Corporate Secretariat I. Guerrero, Vice President, SARVP *Via Videoconference This document has a restricted distribution and may be used by recipients only in the performance of their official duties. Its contents may not otherwise be disclosed without World Bank Group authorization.    -2-   Farewell to Ms. Moorehead   2. The Chair made the customary presentation to Ms. Susanna Moorehead, Executive Director, on expiration of her terms of service and tendered her good wishes for the future. The Executive Directors   recorded their appreciation.   India - Development Policy Lending (Loan) - Promote Inclusive Green Growth and Sustainable Development in Himachal Pradesh   3. The Executive Directors considered the President’s Memorandum and Recommendation   (R2012-0172, dated August 14, 2012) and approved the Promote Inclusive Green Growth and Sustainable Development in Himachal Pradesh Development Policy Loan to India in the amount of US$100 million   on the payment terms and other terms and conditions set out in the President’s Memorandum.   India - Credit - Karnataka Watershed Development Project-II   4. The Executive Directors approved the credit to India for a Karnataka Watershed Development Project-II in the amount of SDR 39.6 million (US$60 million equivalent) on the payment terms and other   terms and conditions set out in the President’s Memorandum (IDA/R2012-0198, dated August 10, 2012).   India - Adaptable Program Lending (Credit) - ICDS Systems Strengthening and Nutrition Improvement Project (Phase 1)   5. The Executive Directors approved the credit to India for an ICDS Systems Strengthening and   Nutrition Improvement Project in the amount of SDR 66.3 million (US$106 million equivalent) on the payment terms and other terms and conditions set out in the President’s Memorandum (IDA/R2012-0201,   dated August 10, 2012). The adaptable program lending supports the first phase of a two-phase Integrated Child Development Services Program.   Minutes of Previous Meetings   6. The Executive Directors recorded their approval on August 28, 2012 of the Minutes of joint   meetings held on August 7, 2012 (XM2012-0003 [IDA/XM2012-0002, IFC/XM2012-0001]), July 3, 2012 (M2012-0052 [IDA/M2012-0052, IFC/M2012-0049]), July 5, 2012 (M2012-0053   [IDA/M2012-0053, IFC/M2012-0050]), and August 7, 2012 (M2012-0063 [IDA/M2012-0063, IFC/M2012-0056, MIGA/M2012-0030]). The Directors recorded their approval on August 28, 2012 of   the Minutes of the meeting held on June 19, 2012 (M2012-0049 [IDA/M2012-0049]).   Records: Package 2012-3 (Case Numbers AI0820 and AI1315)   Requested Disclosure of Board 7. The Executive Directors recorded their approval on August 29, 2012 of the recommendation contained in paragraph 9 of the document entitled "Requested Disclosure of Board Records: Package 2012-3 (Case Numbers AI0820 and AI1315)" (R2012-0165, dated August 8, 2012). This document has a restricted distribution and may be used by recipients only in the performance of their official duties. Its contents may not otherwise be disclosed without World Bank Group authorization.    -3-   Inspection Panel - India - Vishnugad Pipalkoti Hydro Electric Project - Request for Postponement of Management Response   8. The Executive Directors recorded their approval on August 29, 2012 of the recommendation   contained in paragraph 3 of the Memorandum from the Vice President and Corporate Secretary entitled "Inspection Panel - India - Vishnugad Pipalkoti Hydro Electric Project - Request for Postponement of   Management Response" (R2012-0167, dated August 6, 2012), namely, that the deadline for completion of the Management Response will be extended until September 28, 2012.   Madagascar - Second Governance and Institutional Development Project - Proposal to Restructure   9. The Executive Directors recorded their approval on August 31, 2012 of the recommendation   contained in paragraph 6 of the President's Memorandum entitled "Madagascar - Second Governance and Institutional Development Project - Proposal to Restructure" (IDA/R2012-0210, dated August 22, 2012).   Mr. Solomon (via email dated August 31, 2012) wished to be recorded as opposed.   Date of Next Meeting   10. It was agreed to hold a meeting of the Executive Directors of the Bank and IDA on Tuesday, September 11, 2012.   Adjournment   11. The meeting adjourned at 10:49 a.m.                   This document has a restricted distribution and may be used by recipients only in the performance of their official duties. Its contents may not otherwise be disclosed without World Bank Group authorization.