Home India Ministry of Finance Government of India highlights rural transformation and deve...
Date: 2025-12-12 Category: Press Release State: Union Government Country: India

Government of India highlights rural transformation and development leadership at IFAD–India Day in Rome

Issued by Ministry of Finance · Not Applicable

Research with AI Agent Chat with Document Generate Summary Translate Helpful Share Add to Project Create Task

Executive Summary & Key Takeaways

**Executive Summary** The Government of India showcased its achievements in rural development, women's empowerment, and climate-resilient agriculture at the IFAD-India Day event in Rome on December 12, 2023. The event celebrated India's partnership with the International Fund for Agricultural Development (IFAD). India and IFAD have supported 36 rural development projects with a total value of US$4.4 billion. India remains committed to advancing its partnership with IFAD. **Key Points / Main Content** * **IFAD-India Partnership:** * India's partnership with IFAD extends beyond financing and is rooted in a shared vision. * IFAD President commended India's leadership in community-led rural transformation. * India's Alternate Governor to IFAD underlined that India's development cooperation with IFAD is based on shared values. * **India-IFAD Project Portfolio:** * Over 48 years, India and IFAD have supported 36 rural development projects totaling US$4.4 billion, with US$1.5 billion from IFAD. * India maintains a co-financing ratio of 2.65, higher than global averages. * Six ongoing projects amount to US$459 million. * **Flagship Initiatives:** * Enhancing market access for over 45,000 rural enterprises in Meghalaya. * Expanding women's employability and income-generation opportunities in Maharashtra. * Improving climate resilience for 300,000 small and marginal farmers in Jammu & Kashmir. * Supporting income enhancement and migration reduction efforts in Uttarakhand. * **India's Role and Commitment:** * India's women's collectives model was highlighted as a key example of community-driven transformation. * India is committed to continued collaboration with IFAD to scale up successful approaches. * India plays a leading role in South-South and Triangular Cooperation. **Impact Analysis** **Rural Communities:** * **Impact:** Will benefit from strengthened rural institutions, skill-building, access to markets, and sustainable development initiatives. * **Action Required:** Lead their own development. **Women in Rural Areas:** * **Impact:** Will benefit from expanded employability and income-generation opportunities. * **Action Required:** Take advantage of the opportunities. **Small and Marginal Farmers:** * **Impact:** Will benefit from improved climate resilience and income enhancement initiatives. * **Action Required:** Participate in the supported initiatives. **Government of India:** * **Impact:** Gains recognition for its rural development leadership and successful partnership with IFAD. * **Action Required:** Continue to advance its partnership with IFAD and scale up successful approaches. **IFAD:** * **Impact:** Solidifies its role as a trusted partner in enabling India to scale innovative and sustainable rural livelihood models. * **Action Required:** Continue to support India's rural development efforts.

Key Entities Referenced

International Fund for Agricultural Development (IFAD): An international financial institution and specialized agency of the United Nations that invests in rural development projects to reduce poverty and hunger. Ministry of Finance: The Indian government ministry responsible for the country's finances. IFAD–India Day: An event held in Rome celebrating the partnership between India and IFAD in rural development.
Official Source Record View Original Source →
See Full Document Text
Ministry of Finance Government of India highlights rural transformation and development leadership at IFAD–India Day in Rome प्रव तथ: 12 DEC 2025 4:51PM by PIB Delhi The Government of India showcased the country’s pioneering achievements in rural development, women’s empowerment and climate-resilient agriculture at the IFAD–India Day event held in Rome. The occasion marked the celebration of India’s long-standing and successful partnership with the International Fund for Agricultural Development (IFAD). IFAD President Mr. Alvaro Lario commended India’s leadership in driving scalable, community-led rural transformation and noted that several India–IFAD initiatives have become global reference models. Addressing the gathering, Ms. Anu Mathai, Additional Secretary, Department of Economic Affairs (DEA), Ministry of Finance, and India’s Alternate Governor to IFAD, underlined that India’s development cooperation with IFAD is grounded in shared values of inclusivity, sustainability and community-led growth. “India’s partnership with IFAD extends beyond financing. It is anchored in a common vision that places rural communities at the heart of development. IFAD has been a consistent and trusted partner in enabling India to scale innovative, equitable and sustainable rural livelihood models,” she stated. Over the past 48 years, India and IFAD have together supported 36 rural development projects with a total value of US$4.4 billion, including US$1.5 billion contributed directly by IFAD. With six ongoing projects amounting to US$459 million, India currently maintains a co-financing ratio of 2.65,significantly higher than global averages, reflecting India’s strong ownership and confidence in the partnership. Flagship initiatives supported under the India–IFAD portfolio include: • Enhancing market access for over 45,000 rural enterprises in Meghalaya. • Expanding women’s employability and income-generation opportunities in Maharashtra. • Improving climate resilience for 300,000 small and marginal farmers in Jammu & Kashmir. • Supporting income enhancement and migration reduction efforts in Uttarakhand. India’s globally recognised model of women’s collectives, which has evolved from small savings groups into robust economic institutions, was highlighted as a key example of community-driven transformation with global relevance. Speaking at the event, Dr. Jujjavarapu Balaji, Alternate Permanent Representative of India to IFAD, noted that India remains committed to advancing its partnership with IFAD. “We look forward to continued collaboration to scale up successful approaches and equip rural communities to respond effectively to emerging challenges,” he said. As a founding member of IFAD and one of its largest contributors and development partners, India continues to play a leading role in South–South and Triangular Cooperation, sharing its expertise in rural institution-building, value-chain development and climate-smart agriculture with countries across the Global South.India and IFAD reaffirmed their shared commitment to strengthening rural institutions, building skills, expanding access to markets and services, and enabling rural communities to lead their own development in a sustainable and resilient manner. **** NB/KMN (रलीज़ आईडी: 2203056) आगंतुक पटल : 1270 इस वज्ञ को इन भाषाओ ंम पढ़: Urdu , ही

Continue your research