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The World Bank and India launched a $50 billion, five-year partnership starting in 2026 to support India’s 2047 goal of becoming a developed nation.
The World Bank Group and India launched a $50 billion, five-year partnership starting in 2026, providing $8–10 billion annually to support India’s goal of becoming a developed nation by 2047, known as Viksit Bharat.
The funding will boost job creation in urban and rural areas through investments in infrastructure, energy, agribusiness, healthcare, tourism, and value-added manufacturing.
The initiative emphasizes private sector-led growth, skills development, support for small businesses, and climate resilience, with immediate implementation of projects including youth training, digital health, climate-smart agriculture, and electric mobility.
The partnership reflects a shift toward more targeted, scalable, and impact-driven development, leveraging global expertise and private capital to drive sustainable economic expansion.
El Banco Mundial y la India lanzaron una asociación de $ 50 mil millones, de cinco años a partir de 2026 para apoyar el objetivo de la India en 2047 de convertirse en una nación desarrollada.