Pimpri Chinchwad Municipal Corporation, Pune has recently signed an MoU with United Nations Development Programme (UNDP) India to co-create India’s first Social Impact Bond (SIB). This is the first time that a government body will act as the ‘outcome funder’ in a bond, whereas traditionally most government-funded public projects require large and early investments by the government with a substantial gestation period of outcomes and involve various kinds of risks.
WARRIOR 4.0 | Banking Awareness Batch for SBI, RRB, RBI and IBPS Exams | Bilingual | Live Class
About Social Impact Bond:
Important takeaways for all competitive exams:
Find More News Related to Agreements
Birsa Munda Punyatithi is observed every year on June 9 to remember and honour Birsa…
Renowned scholar, author, and literary commentator Daji Panshikar, also known as Narahari Vishnu Shastri, passed…
The Chenab Rail Bridge is a world-famous railway bridge built in Jammu and Kashmir, India.…
The Chenab Rail Bridge in Jammu and Kashmir is the world's highest railway arch bridge.…
In a momentous achievement for rural digital transformation, Rohini Gram Panchayat in Shirpur taluka, Dhule…
In a landmark move for the Union Territory of Ladakh, President Droupadi Murmu has promulgated…