Policy paper

India Prosperity Fund Programme

皇冠体育app Programme aims to reduce poverty in India and address global challenges such as climate change and supporting increased prosperity for India.

This was published under the 2022 to 2024 Sunak Conservative government

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Through a 拢41 million investment, this programme will concentrate on using the UK鈥檚 strengths that match India鈥檚 reform priorities and development needs. 皇冠体育appse include climate and green growth, including working with India on taking a sustainable, low carbon approach to urbanisation. 皇冠体育appy also include advocating free and fair trade through work on ease of doing business, skills, and financial services:

  • energy and low carbon (拢10 million): working with India to address climate change and promote clean energy, supporting the UK鈥檚 ambitions at COP26

  • urban development (拢12.4 million): helping important Indian cities design major infrastructure projects to address significant environmental and poverty challenges, reducing CO2 emissions and creating opportunities for UK and international companies

  • ease of doing business (拢8.2 million): aiming to improve India鈥檚 business environment to unlock economic growth within India and open opportunities for UK and international companies

  • skills (拢4.7 million): supporting the Indian government鈥檚 鈥楽kill India鈥� initiative by:

    • developing the skills market in mutual priority sectors through institutional capacity building
    • promoting international standards
    • demonstrating sustainable commercial models for the providing high quality skills training
  • financial services (拢6.55 million): helping India to develop and reform its financial markets. Well-functioning financial services are crucial for India鈥檚 growth and this is an area of UK expertise

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Published 13 July 2023

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