Team Blitz India
India’s collaboration with the World Bank Group (WBG) spans seven decades. From the first loan in 1949, the WBG supported India in areas like education, rural development, agriculture, and healthcare.
The Country Partnership Framework (CPF) for FY18-22 guides the WBG’s engagement with India. It aims to boost efficiency, invest in human capital, create quality jobs, and strengthen public institutions for a growing economy. This approach combines ‘what’ the WBG works on and ‘how’ it engages India.
Billions of dollars
The World Bank’s lending programme for India is spread across 98 operations. The international financial organisation has made commitment of $21.4 billion for the year 2023. Approximately $19.3 billion of the promised funds are provided by the International Bank for Reconstruction and Development (IBRD). The remaining $2 billion and $ 0.1 billion come from the International Development Association (IDA), and grants, respectively
