US$ 200.1 million
US$ 1 million
US$ 1 million
India is a founding member of IFAD and our partnership spans over 40 years. As the largest borrower from the Fund, India offers rich development experiences that enhance the quality of IFAD’s operations and institutional knowledge, thereby also benefiting IFAD’s other members.
IFAD’s work in the country seeks to complement national policies. Thus far, IFAD has invested US$2.8 billion, including US$1 billion of IFAD’s own financing, through 28 projects, directly benefiting some 4.6 million households. In partnership with the government, these IFAD-supported projects have delivered significant results in various areas including the commercialization of smallholder agriculture, grass-roots institution building to enable communities to manage their own development, the empowerment of women, and the improvement of livelihoods in tribal and other communities.
India is not only the largest recipient of IFAD’s investments but also a significant contributor, in terms of both financial support and corporate engagement.
India’s total pledge to IFAD’s regular resources amounts to over US$173.0 million, including the most recent contribution of US$37.0 million to the Tenth Replenishment of IFAD’s Resources (IFAD10). India’s contribution through replenishments of IFAD’s resources has been steadily increasing, demonstrating the country’s strong and increasing commitment to rural poverty reduction. In addition, India’s domestic cofinancing of IFAD-funded programmes and projects has reached US$1.4 billion.
India has extensive policy engagement with IFAD through its governing bodies. It serves on the Executive Board, participates in the Consultation on the Eleventh Replenishment of IFAD’s Resources and is the Chair of the Evaluation Committee.