India and the World Bank Group (WBG) have launched a five-year Country Partnership Framework aimed at accelerating growth and creating jobs.
The framework will provide $8-10 billion in annual financing, focusing on private investment in sectors that generate employment at scale, including infrastructure, energy, agribusiness, health care, tourism, and value-added manufacturing.
The partnership aims to create jobs for India’s growing workforce, with around 12 million young people entering the labor market annually. It prioritizes four outcomes: boosting rural prosperity and resilience, supporting urban transformation and livable cities, investing in people through education and health, and strengthening energy security, core infrastructure, and resilience.
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Ongoing projects under the CPF include upgrading Industrial Training Institutes through an $830 million loan, Maharashtra’s $490 million agriculture resilience program, Kerala’s $280 million health systems improvement program, a $750 million higher education financing initiative, and efforts to scale electric mobility.
The framework builds on reforms by the World Bank Group since 2023 to streamline operations, emphasize results, and mobilize private capital alongside public financing.
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India is currently the WBG’s largest client, with commitments exceeding $36 billion across IBRD, IFC, and MIGA projects.
First Published: Jan 30, 2026 6:35 PM IST
