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USAID supported public-private partnerships have generated $400 million in financial resources in India

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USAID

The USAID provides assistance for public-private partnerships that have generated close to $400 million in financial resources for development purposes.

So far, a minimum of 34 Indian PPPs has been established in recent decades with assistance from USAID in India.

The organization and development of public-private partnerships that support India’s demand for essential services have been the principal area of cooperation between USAID and the Indian government over the past few decades. An agreement between private organizations and one or more public authorities is a public-private partnership (PPP). PPPs are typically created to reduce the local government’s burden of development and service delivery.

For instance, the Society for Research and Initiatives for Sustainable Technologies and Institutions is supported by USAID (SRISTI). This society has helped Indian farmers become more productive by giving them more effective farming tools, which SRISTI aims to provide to struggling Kenyan farmers. USAID is also assisting India in achieving energy security by helping the Indian government give citizens access to clean energy sources. USAID has given India access to more than 600 megawatts of power alone in the last four years.

Piramal Swasthya is an Indian nonprofit organization that receives financing from USAID. In 2019, it was awarded the “Inclusive Health Access Award” and $30,000 for delivering healthcare to underserved Indian areas. To provide healthcare for one of the most populous nations in the world, USAID continues to collaborate closely with the Indian government despite the COVID-19 situation.

India and USAID have worked together for the past 60 years to combat food insecurity, support the Green Revolution, eradicate polio, improve health systems, promote biodiversity, protect India’s food crops, build industry and infrastructure, establish prestigious research universities, grow the country’s economy, and lessen poverty. This relationship is more crucial than ever now as the globe deals with existential threats like the COVID-19 epidemic and the catastrophic repercussions of climate change.

Additionally, USAID has attempted to integrate the Indian diaspora into India’s development during and outside of times of crisis, putting Indians at the forefront of social and economic transformation. Nearly 300 million Indians have left poverty in only the last ten years. When analyzing India’s socioeconomic progress during the past 60 years, it is impossible to overstate the efforts and accomplishments of grassroots Indian groups; yet, it is essential to recognize the support provided by USAID in India for these accomplishments.

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