<\/p>
India and the World Bank Group (WBG) on January 30 launched a new Country Partnership Framework (CPF) to steer the country\u2019s growth ambitions toward its Viksit Bharat vision\u00a0\u2014 India\u2019s goal of becoming a developed economy by 2047. The five-year roadmap focuses squarely on generating jobs and crowding in private investment, with $8-10 billion in annual support from the Bank Group.\u00a0<\/p>
\u201cWe welcome the new Country Partnership Framework with the World Bank Group, which is fully aligned with our Viksit Bharat vision,\u201d said Union Finance Minister Nirmala Sitharaman. \u201cLeveraging public funds with private capital, creating more jobs across rural and urban India, and enriching projects with the Bank Group\u2019s global knowledge will be key to achieving sustainable impact at both speed and scale.\u201d\u00a0<\/p>
With over 12 million young Indians entering the\u00a0labor\u00a0market annually, the CPF puts private sector-led job creation at the\u00a0center. The World Bank Group\u2019s global jobs strategy \u2014 built on investing in infrastructure, enabling a business-friendly environment, and scaling risk-mitigation tools \u2014 will be tailored to India\u2019s context across five priority sectors: infrastructure and energy, agribusiness, healthcare, tourism, and value-added manufacturing.\u00a0<\/p>
\u201cIndia is one of the key engines of global growth today,\u201d said Ajay Banga, President of the World Bank Group, who is in India for the launch. \u201cCreating more jobs is at the core of our work. This partnership brings together financing, reforms, and private sector investment to turn growth into opportunity for millions of Indians.\u201d\u00a0<\/p>
The CPF, the result of a year-long collaboration, aims to achieve greater selectivity, scale, and developmental impact.<\/p>
It outlines four strategic outcomes<\/strong><\/em>:\u00a0<\/p> Initial rollouts under the CPF include<\/strong><\/em>:\u00a0<\/p> The CPF also reflects broader institutional reforms at the World Bank Group \u2014 streamlining processes for faster, more impactful support. Many of these reforms took shape during India\u2019s G20 presidency.\u00a0<\/p> India is currently the World Bank Group\u2019s largest client, with a portfolio including $20 billion in IBRD commitments, $16.72 billion in IFC investments, and $618 million in MIGA guarantees. The new framework shifts more focus to\u00a0leveraging\u00a0private capital and drawing deeply from the Bank Group\u2019s global\u00a0expertise.<\/p> <\/div> India World Bank 2026 partnership, Viksit Bharat Country Partnership Framework, World Bank India private investment jobs, India economic growth plan World Bank, India skilling infrastructure Ajay Banga, $50 billion World Bank India CPF, Nirmala Sitharaman World Bank announcement, India employment youth strategy 2026, Electric mobility World Bank India, IFC investments India 2026#India #World #Bank #Group #unveil #billion #plan #power #jobs #private #investment #Viksit #Bharat1769802781<\/p> ","protected":false},"excerpt":{"rendered":" India and the World Bank Group (WBG) on January 30 launched a new Country Partnership Framework (CPF) to steer the country\u2019s growth ambitions toward its Viksit Bharat vision\u00a0\u2014 India\u2019s goal of becoming a developed economy by 2047. The five-year roadmap focuses squarely on generating jobs and crowding in private investment, with $8-10 billion in annual […]<\/p>\n","protected":false},"author":1,"featured_media":2529,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[37],"tags":[7371,1525,593,1157,7374,5396,7375,200,7369,7373,7370,7366,2650,1032,7372,1386,370,7377,7376,7378,7367,2557,7368],"class_list":["post-2528","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-content-marketing","tag-50-billion-world-bank-india-cpf","tag-bank","tag-bharat","tag-billion","tag-electric-mobility-world-bank-india","tag-group","tag-ifc-investments-india-2026","tag-india","tag-india-economic-growth-plan-world-bank","tag-india-employment-youth-strategy-2026","tag-india-skilling-infrastructure-ajay-banga","tag-india-world-bank-2026-partnership","tag-investment","tag-jobs","tag-nirmala-sitharaman-world-bank-announcement","tag-plan","tag-power","tag-private","tag-unveil","tag-viksit","tag-viksit-bharat-country-partnership-framework","tag-world","tag-world-bank-india-private-investment-jobs"],"acf":[],"_links":{"self":[{"href":"http:\/\/longzhuplatform.com\/index.php?rest_route=\/wp\/v2\/posts\/2528","targetHints":{"allow":["GET"]}}],"collection":[{"href":"http:\/\/longzhuplatform.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"http:\/\/longzhuplatform.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"http:\/\/longzhuplatform.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"http:\/\/longzhuplatform.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=2528"}],"version-history":[{"count":0,"href":"http:\/\/longzhuplatform.com\/index.php?rest_route=\/wp\/v2\/posts\/2528\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"http:\/\/longzhuplatform.com\/index.php?rest_route=\/wp\/v2\/media\/2529"}],"wp:attachment":[{"href":"http:\/\/longzhuplatform.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=2528"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"http:\/\/longzhuplatform.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=2528"},{"taxonomy":"post_tag","embeddable":true,"href":"http:\/\/longzhuplatform.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=2528"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}