The Government of India announced the implementation of Quick Impact Projects in CLMV (Cambodia, Lao PDR, Myanmar, and Vietnam) countries at the 6th Mekong Ganga Cooperation (MGC) Ministerial Meeting held in New Delhi on September 4, 2012. It involved the establishment of an India-CLMV Quick Impact Projects (QIPs) Revolving Fund with an annual contribution of US$1 million. The India-CLMV Revolving Fund has since been revised twice, with it being increased to US $1.25 million following the India-Cambodia Joint Statement in 2018 and to the US $ 2 million following India-Vietnam Summit in 2020. Each QIP project costs not more than US$ 50,000/- The emphasis of QIPs is on short gestation high visibility projects with a normal gestation period of up to one year, which directly benefits the local communities with results that are immediate and visible. The type of projects under QIP includes the creation or up-gradation of physical infrastructure such as roads, local community centers, etc., and social infrastructures (including capacity building) such as in the education, health, sanitation, or community development sectors.

A total of 178 QIP schemes have been initiated under the MGC Mechanism since their inception in FY 2015-16, of which sanctions have been issued for 165 QIP schemes. Out of these, 129 projects have been successfully completed, while 36 are at various stages of implementation. Among the 165 sanctioned QIP schemes, 63 have been allocated to Cambodia, 56 to Vietnam, 31 to Lao PDR, and 15 to Myanmar. Cambodia has completed 45 out of its 63 sanctioned projects, Vietnam has completed 54 out of 56, Lao PDR has completed 22 out of 31, and Myanmar has completed 8 out of 15 QIPs sanctioned to it. 

          t Pr             oj                         Abstract of status of the Quick Impact Projects (QIP) as on 18^th September 2025:-

For detailed updated report please visit MGC-Media-Report-Sr. no. 21