The Indian economy has moved to a higher growth trajectory since mid-1990’s. As a consequence, there has been some reduction in poverty levels and improvement in certain human development indicators. However, there is still a long way to go, as the incidence of poverty remains high due to growth imbalances.
Germany supports India’s reform policies geared towards inclusive, regionally and socially balanced growth. As concrete steps in this direction Germany, in collaboration with Indian partner institutions, is actively supporting development and strengthening of financial systems in rural areas, microfinance institutions, small and medium-sized enterprises, social policy instruments especially for the unorganised sector and social protection of the poor.
Useful links and resources for more information on Indo-German cooperation in sustainable development.