New Delhi, Jan. 30 -- India and the World Bank took a significant step toward deepening their development partnership as Finance Minister Nirmala Sitharaman Friday met World Bank Group President Ajay Banga in New Delhi, welcoming a new Country Partnership Framework (CPF) that aligns closely with the government's Viksit Bharat vision.
According to a statement issued by the Ministry of Finance, the newly agreed CPF will guide World Bank Group engagement in India over the next five years, with a sharp focus on leveraging public resources to crowd in private capital, generating employment across rural and urban areas, and strengthening development projects through global knowledge and best practices.
"The new Country Partnership Framework is ...