USAID administrator announces financial inclusion commitments in India

Thursday, November 6, 2014

USAID will support the Government of India’s efforts to strengthen water and sanitation, expand access to clean energy, and increase access to banking services for Indians. The Administrator announced the efforts after meeting with officials from the Government of India.

“The relationship we have with India—the world’s largest democracy—is among the most lasting, effective, and vital partnerships that America currently enjoys,” said Shah. “Together, we are working to unlock opportunity for India’s most vulnerable people and pioneer solutions that will help end extreme poverty across the globe.”

The Administrator emphasized on India’s leadership in helping to bring clean water and sanitation services to all Indians. Through its U.S. Global Development Lab and other efforts, USAID has made finding solutions to urban sanitation a global priority.

In support of these initiatives, Shah announced a new financial commitment of up to $20 million to support water and sanitation efforts in India, subject to the availability of funds.

Source: India Blooms (link opens in a new window)

financial inclusion