This article examines the use of Development Impact Bonds (DIBs) in India, with a particular focus on education. It discusses how outcome-based finance can attract private investment that is repaid upon achieving results. The article explores India's readiness for DIBs, stakeholder appetite, and enabling factors like partnerships and risk-sharing. The growing importance of DIBs in the country's development landscape is emphasized, as they offer a new model for financing education projects through measurable outcomes and financial risk mitigation.
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