India-World Bank Sign New Country Partnership Framework

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India-World Bank Sign New Country Partnership Framework

Economy
India-World Bank Sign New Country Partnership Framework

India and the World Bank sign a new Country Partnership Framework (NCPF) for 2026–2031 with a provision of $8–10 billion. The framework prioritises private sector-led job creation and identifies four strategic outcomes across rural prosperity, urban transformation, investing in people, and energy/infrastructure/climate resilience.

New Country Partnership Framework (NCPF) 2026–2031 (India–World Bank):

Dimension Key Details
Parties Signed between India and the World Bank
Time period 2026–2031
Provision $8–10 billion
Priority focus Private sector–led job creation through skill development, easing SME constraints, and expanding opportunities, especially for youth and women.
Strategic outcomes  Focuses on enhancing rural resilience, enabling urban transformation, investing in people, and strengthening energy security, infrastructure, and climate resilience.
Rural prosperity and resilience Diversifying incomes beyond agriculture
Urban transformation Support as the country’s urban population is projected to double to 800 million by 2050
Investing in people Applies to health, education and skills
Energy security, infrastructure Renewable energy, e-mobility and green hydrogen
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India and the World Bank signed a new Country Partnership Framework (NCPF) for which time period?