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India Country-level Development Marketplace:

The New Delhi office of the World Bank hosted, for the first time in the country, in partnership with numerous stakeholders, including IFC, DFID, FICCI, Times Foundation, Microsoft and ASSOCHAM, an India Country-level Development Marketplace (IDM) on April 15, 2004. The Theme for the event was Improve Rural Services - Access and Quality, which underpinned the World Bank Group’s commitment in its fight against poverty and on improving the lives of people living in rural areas.

 

The Country-level Development Marketplace was an innovative program, sponsored by the World Bank, to support non-governmental actors in the development world in finding creative approaches to address development issues. The Country-level Development Marketplace concept evolved from the Global Development Marketplace, a World Bank initiative to promote innovative development ideas through a competitive process for seed funding. IDM was the first such country specific initiative in India.

 

The main objective of the IDM was to bring together social innovators from all over the country to share their knowledge and experience on how to improve the delivery services in rural areas, particularly, the delivery of essential rural services such as rural water supply & sanitation, rural roads, rural education, rural health, rural electricity, and rural finance. It was expected that these ideas, when transformed into projects, would upon implementation ensure the greatest possible leverage, replicability, and scaling of impact--that they would push out "the frontier" of development.  The India Development Marketplace had two main components: an Innovative Competition and a Knowledge Forum. The competition was held in the World Bank office, New Delhi on April 15, 2004 and the knowledge Forum was held at FICCI on April 14, 2004.

 

The IDM competition was open to: NGOs, community-based organizations, foundations academic institutions, civic organizations and the private sector in partnership with registered NGOs, foundations, associations and other development organizations.

 

The Innovative Competition:  

The Innovative Competition accepted proposals prepared by a wide variety of civil society organizations, academia and private sector entities from across the entire country. The guidelines for submitting the proposals were on the website www.worldbank.org.in. The winners were selected by a jury, consisting of representatives of national and international organizations, governmental and non-governmental agencies. The World Bank and its partners provided about US$260,000 in grants as awards to the winners. These winners received grants in range of US$10,000-US$15,000 from the World Bank and its partners in IDM.

 

The knowledge Forum:  

In addition to the Innovative Competition, the event included a Knowledge Forum in which various leaders in the development community shared their experiences and approaches for improving the access and quality of rural services.

 

 

 

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