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India Country Partnership Framework (CPF) FY 2026-2031

  • It is a strategic partnership between India and the World Bank Group for the period 2026–2031.

  • Objective: 

    • Accelerating job creation across both urban and rural areas of the country with $ 8-10 billion in annual financing over the next 5 years.

    • It sets a bold roadmap for supporting India’s aspiration to become an upper-middle-income economy in the next decade and achieve its Viksit Bharat vision by 2047. 

    • The CPF emphasizes structural reforms, urban transformation, and rural prosperity through investments in infrastructure, renewable energy, and diversified value chains. 

    • It aims to crowd in private capital, strengthen human capital by upskilling youth and women, and embed climate resilience across sectors.

    • The World Bank's Country Partnership Framework (CPF) is, usually 4-to-6-year, a strategic document outlining the Bank's development priorities and planned engagement with a country. 

    • It is developed with the partner government to align the Bank's support with the country's development objectives.

  • Note: 

    • News: Recently Sri Lanka and the World Bank Group have also launched a new five-year partnership 

    • Objective:  

      • Supporting the island nation’s economic recovery and boosting private investment. 

      • It  will support Sri Lanka’s continued recovery, help achieve its 7% medium-term economic growth target, and support job creation

      • These reforms will also support Sri Lanka’s ambition to double annual export earnings to 36 billion US Dollar by 2030.