DFID 8044 Impact evaluation of the development capital investment intervention of the DFID India's private sector infrastructure portfolio - Call Down Contract

The objective of DFID-India commissioning an independent evaluation of the returnable capital private sector infrastructure portfolio is to test the feasibility and effectiveness of debt and equity instruments in promoting pro-poor private investments in infrastructure in India's low- income states while achieving developmental (socio- economic) outcomes. This study will also assess the pre-conditions (policy, regulation and institutional capacity) necessary for replicating these instruments in India and beyond. The purpose is to learn lesson from an innovative market led infrastructure financing mechanism in low income states and to ensure accountability in terms of optimising development outcomes.