India – Country Partnership Strategy for FY18-22

                                           Chair Summary*

                                       September 20, 2018

Executive Directors discussed the World Bank Group (WBG) Country Partnership Framework
(CPF) for India for FY18-22 (R2018-0190[IFC/R2018-0250, MIGA/R2018-0110]), welcoming
the CPF’s strategic approach to an evolving Bank-India partnership. Directors supported the
proposed focus areas of promoting resource efficient growth, enhancing competitiveness and
enabling job creation, and investing in human capital as well as the cross-cutting themes of
addressing climate change, gender gaps, and use of technology, including disruptive technology.

Directors underscored the critical role that India plays in the pursuit of global goals owing to the
worldwide impact of the country’s development trajectory and its increasing prominence as a
global voice and source of experience sharing. Directors recognized India’s strong record of
economic growth and poverty reduction and the country’s ambitious goals to ensure inclusive
growth, while noting the development challenges that the country is still facing.

Directors emphasized the importance of systematically leveraging the private sector, supporting
human capital investments, harnessing the incentives of India’s cooperative federalism,
strengthening public sector institutions, and supporting knowledge exchange. They appreciated
the increased emphasis on working with Indian states and encouraged a focus on poorer states and
state capacity building.

Directors called for continuous efforts on portfolio management and operations that are beneficial
to regional integration, south-south cooperation, and gender related progress. They underscored
the need for a robust results framework to showcase development impact and to capture and share
lessons. Directors emphasized the importance of focusing on outcomes. Finally, they noted the
expansion of climate related disruptive technology investments, recognizing the value of these
experiences and knowledge to other counties aspiring to the growth trajectory of India.




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*This summary is not an approved record.