ADB-India Partnership Strategy
The country partnership strategy (CPS), 2013-2017 for India supports its 12th Five Year Plan to create jobs for youth, enhances ongoing investment reforms, and improves infrastructure in critical areas, such as energy, transport, urban services and water.
The partnership focuses on placing people at the heart of development by creating skills that will allow youth to secure better jobs and wages, and then on companies, the main creators of these jobs. The strategy combines physical investments with knowledge products to target emerging issues such as urbanization, water scarcity, climate change, emission controls, internet connectivity, vocational training, and the development of capital markets.
Under the strategy, operations will center on lagging states with high poverty levels and gaps between rural and urban sectors. The northeast, for example, is a land-bridge for India to reach fast growing and lucrative ASEAN markets, illustrating why furthering regional cooperation and integration is a cornerstone of the strategy. This will be matched by work in economic corridor development, particularly in southeast India, which provides access to cost-effective shipping routes.
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The Public Communications Policy (PCP) recognizes that transparency and accountability are essential to development effectiveness. It establishes the disclosure requirements for documents and information ADB produces or requires to be produced.
The Accountability Mechanism provides a forum where people adversely affected by ADB-assisted projects can voice and seek solutions to their problems and report alleged noncompliance of ADB's operational policies and procedures.
In preparing any country program or strategy, financing any project, or by making any designation of, or reference to, a particular territory or geographic area in this document, the Asian Development Bank does not intend to make any judgments as to the legal or other status of any territory or area.