by Vedika Tibrewala and Neeraja Sundar
Nov 2, 2021
1 min Outcomes-based financing instruments like impact bonds can help India bridge some of the gaps in Sustainable Development Goals (SDG) financing.
Social sector financing has emerged as a critical need to achieve the SDGs for developing countries like India by 2030. This blog explores why the Indian government should focus on outcomes-based financing instruments like impact bonds to ensure development objectives stay on track. This is particularly important at a time when fiscal challenges are likely to persist and hinder the expansion of existing welfare programs.
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