To accelerate private investment and economic growth in Nepal by providing technical expertise to help Nepalese institutions develop major infrastructure; improve the business climate for domestic and foreign investors; improve the implementation of economic policy and test new approaches for local economic development. This will result in at least £600 million of private investment into growth-boosting sectors and a reduction by at least 10% in time or cost for at least five regulatory processes perceived as burdensome by the private sector.
The project, in partnership with National Housing Bank, will stimulate the growth of the affordable housing market by providing loans to build 17,000 housing units and 10,000 home loans for low income families. This will result in 27,000 construction jobs for the poorest people in low income states in India by 2020. This programme is predominantly in the form of Development Capital Investment, which generates a return to the UK. The technical assistance will support policy and system strengthening for the scetor as well as promote innovative models and technologies.
The Programme is expected to directly result in access to new/import infrastructure services such as electricity, sewage and transport to an estimated 280,000 people.To improve access to better quality transport, clean energy and basic urban services for households and businesses, by providing loans to private sector-led infrastructure projects. This will benefit an estimated 280,000 people with improved infrastructure services.
To encourage innovation amongst the private sector by provision of investment capital and business development services worth £27 m to innovative enterprises in low income states of India and £11m for enterprises in developing countries by 2019. This will contribute to MDGs by benefitting 1 million individuals with improved access to affordable and efficient services in the Low Income States of India and Developing Countries.
To enhance economic value generated for the poor as producers, consumers and employees by investing in impact enterprises. This will benefit up to 30 enterprises and generate employment incomes of at least £10m.To ensure poor and vulnerable people in low income states (especially women) benefit from economic growth through better access to financial services, and investing in private sector projects that will benefit the poor as producers, consumers and employers. This will benefit 12 million low income households with improved access to financial services and upto 30 enterprises in attracting additional investments worth £56 million.
The project will deliver manifesto commitments on education and contribute to the global goal of inclusive and equitable quality education for all. It will ensure underprivileged youth, especially females, have improved opportunities for basic education, vocational skills and formal employment. The project will also contribute to the UK government's commitment to women's economic empowerment. Over 27,000 (45% girls) youth will benefit from skills development.
Infrastructure & Cities for Economic Development was launched in 2016 to improve the enabling environment for sustainable, inclusive growth-enhancing infrastructure service delivery in DFID focus countries. It is also to harness the benefits of cities for sustainable economic growth and poverty reduction in DFID focus countries across the Middle East & Africa. The ICED Facility was managed by PwC and drew on expertise from an alliance which included Arup, Adam Smith International, Engineers Against Poverty, the International Institute for Environment and Development, MDY Legal and Social Development Direct. The programme ran from 1 February 2016 to 31 July 2019 and has now closed
To increase and strengthen vocational training capacity by improving access and quality of skills training in India. This will lead to directly or indirectly support 1 million people with quality training by 2022.
To significantly improve the performance of the agriculture sector in Bihar by improving access to markets for identified agriculture and horticulture products, access to finance, knowledge and technology, and institutional capacity for market regulation. This will reflect higher private sector investment, higher production and higher price realisation by 1,00,000 farmers.
With an aim of increasing investment in large scale and growth enhancing infrastructure; streamlining economic policies for growth promotion and enhancing subnational growth through a combination of economic policies and infrastructure delivered locally, DFID Nepal has initiated the Accelerating Investment and Infrastructure (AiiN) Programme. Lot 3 of the programme i.e. the Financial Sector Stability Component (or FSSP), is one of the components whose major goal is to deliver the results of AiiN. FSSP aims at securing stability and robustness of Nepal’s financial sector by reducing systemic risks. It seeks to work on Nepal’s financial sector which is subject to significant vulnerabilities including weak financial reporting standards, insufficient regulatory oversight of the banking and cooperatives sectors and incomplete mechanisms for safeguarding the assets of financial services consumers amongst others.
Bihar Agriculture Growth and Reforms Initiative (BAGRI), is a five year technical assistance program, to support the Government of Bihar to implement its vision for the Agriculture sector. BAGRI supports and complements Government of Bihar in implementation of agriculture road map and enable sustained and inclusive agricultural growth leading to poverty reduction in the state.
The project involves strengthening skills eco system for selected sectors; expeditious and effective implementation of Government Skilling Schemes; enhanced contributions to skilling in partnership with private sector including with UK businesses and institutions; skilling through innovation and piloting in up to 1-2 states and demonstrating / disseminating good practices / lessons learnt.
To assist India in creating an enabling environment for investments and business development through UK technical expertise and experience that will help to increase India’s GDP and enable the Indian economy keep up its levels of public expenditure on development outcomes. UK’s technical assistance will support implementation of key economic reforms with capacity building, institutional strengthening, knowledge transfer, evidence building and collaborative working.’
To assist Government of Bihar in attracting private sector Investments, effectively steering revenue collection and utilisation, and strengthening growth transmission: all benefiting women, Scheduled Castes and Minorities.
To enhance the potential of Indian cities in poorer and developing states such as Madhya Pradesh, Bihar, Andhra Pradesh, Odisha, Maharashtra to promote growth and jobs creation. UK support will achieve this by developing partnerships with UK urban planning, research and business organisations to help India cities develop investment plans, attract finance and deliver smart urban solutions that create jobs for the urban poor.
As part of a wider UK-India partnership on infrastructure, to enable access by India to leading, global expertise in private sector approaches to infrastructure delivery and financing. Department for International Development (DFID) India is supporting the Infrastructure Technical Co-operation Facility (ITCF) to provide technical assistance to government partners in India in order to strengthen private sector investments and reduce the bottlenecks in infrastructure financing and PPPs in India especially in the eight low income states. The Facility is intended to work through Department of Economic Affairs (DEA) with the Central and State government departments, and other Infrastructure Finance Companies to make interventions across infrastructure finance; capacity building; environmental & social sustainability and PPP policies and regulations.
To improve access to better quality transport, clean energy and basic urban services for households and businesses, by investing in equity to private sector-led infrastructure projects. This will benefit an estimated 280,000 people with improved infrastructure services.
EPPP’s objective is to augment evidence led policy making through interventions that support an enabling environment for investment and business development for shared prosperity.
The objective is to review the progress made of key outcomes and outputs as per the project logframe.