Archive · 31 Jan 2026
World Bank to Provide $8-10 Billion Annually to India
The World Bank and India have made a big plan together.
They will give India $8-10 billion every year for the next five years.
This money will help India grow faster and become a more developed country.
The plan is to use both public and private money to create more jobs and use the World Bank's knowledge to make projects better.
The finance minister of India and the president of the World Bank talked about this plan and how it fits with India's vision for the future.
The World Bank Group and India announced a new Country Partnership Framework (CPF) for $8-10 billion in annual financing over the next five years.
The financing aims to accelerate India's growth and support its vision of becoming a developed economy.
The CPF focuses on leveraging public funds with private capital, creating more jobs, and utilizing the World Bank's global knowledge.
Finance Minister Nirmala Sitharaman welcomed the CPF, aligning it with India's Viksit Bharat vision.
The announcement followed a meeting between the finance minister and World Bank President Ajay Banga.
- Who
- World Bank Group and India
- What
- Announced a new Country Partnership Framework (CPF) for $8-10 billion annual financing
- When
- Friday (specific date not mentioned)
- Where
- New Delhi, India
- Why
- To accelerate India's growth and support its vision of becoming a developed economy
- Annual Financing
- $8-10 billion
- Duration
- 5 years
- Objective
- Accelerate India's growth and support its vision of becoming a developed economy
- Key Focus Areas
- Leveraging public funds with private capital, job creation, and utilizing global knowledge
- Meeting Participants
- Union Finance Minister Nirmala Sitharaman and World Bank President Ajay Banga