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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 |