UK international development agency, DFID, is restructuring its programme with India so that it enters into no new financial aid programmes, with all existing programmes being wound up by the end of 2015. Going forward all aid programmes will deliver technical assistance only and investments into private enterprises intended to yield a financial return.
The Artha team is looking at what the implications of this move might be for social ventures and impact investors in India and we’ll be blogging about this soon, so watch this space.
For the full press release from DFID click here.