SCD INDIA UPDATE 2024 - LATEST PROGRESS AND INSIGHTS FROM INDIA IN 2024

Jul 19, 2026

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SCD India Update 2024 reviews progress against the 2018 SCD priorities and reframes priorities to inform CPF selectivity aligned with the vision of Viksit Bharat 2047. It outlines a roadmap for policymakers and partners, highlighting recent trends in growth, poverty reduction, job creation pressures, and persistent inequality. The report details areas of progress including digital public infrastructure, basic services, renewable energy, and major infrastructure expansion, then proposes pivots for resource-efficient growth, accelerated inclusion, and strengthened public-sector capabilities and investments.

LanguageEnglish

CategoryResearch & Report

FormatPDF

Pages11

Reading Time28 min

Overview of SCD India Update 2024

Assesses progress on 2018 SCD priorities

Reframes priorities and provides a roadmap

Recent trends

Robust growth and poverty reduction

The imperative of job creation

Challenges to reduce inequality

Areas of progress

Digital public infrastructure

Basic services

Renewable energy

Infrastructure expansion

Pivoting to a more resource efficient growth path

Reducing water stress

Enhancing livability of cities

Addressing air quality challenges

Enhancing resilience to climate risks

Protecting and leveraging natural capital

Investing in agri-value chains and digital platforms

Supporting energy transition

Accelerating inclusion

Enhancing employability

Improving healthcare

Strengthening safety nets

Supporting MSMEs

Improving regulatory environment

Facilitating domestic labor mobility

Strengthening public sector

Enhancing digital inclusion

Strengthening institutions

Strengthening competencies

Strengthening state level fiscal management

Enhancing capacity of ULBs/local governments

Derisking private investment in infrastructure

Pub lic Disclosure Authorized Pub lic Disclosure Authorized SCD INDIA UPDATE 2024 LATEST PROGRESS AND INSIGHTS FROM INDIA IN 2024 OVERVIEW OF SCD INDIA UPDATE 2024 Assesses progress on 2018 SCD priorities (1) Pivoting to a more resourceefficient growth path (2) Accelerating inclusion by creating good jobs and building human capital (3) Strengthening the public sector Reframes priorities To inform CPF selectivity aligned with the vision of Viksit Bharat 2047 Provides a roadmap Guides policymakers and partners to align efforts toward sustainable development goals and emerging challenges RECENT TRENDS Robust growth and poverty reduction India’s GDP growth averaged ~5% annually between 2018-24, with resilience post-COVID recovery; extreme poverty declined from ~29%(2011) to ~6%(2021) The imperative of job creation India will need an estimated 145–330 million new jobs by 2050; nearly 77% of nonfarm jobs remain informal; female labor force participation has risen, but paid employment remains limited Challenges to reduce inequality Disparities persist across regions and social groups, especially in rural and marginalized communities AREAS OF PROGRESS Digital Public Infrastructure World’s largest biometric ID system enabling trillions of transactions annually for welfare services; ~90% Indians have bank accounts, higher than global average (79% in 2024) Basic services 100% districts open defecation free; universal household electrification Renewable Energy World’s 4th largest RE market with RE accounting for 75% of added domestic generation Infrastructure expansion Between 2018 and 2024, India delivered massive physical infrastructure growth—from roads and expressways, to electrified rail lines, metro systems, major bridges and airports PIVOTING TO A MORE RESOURCE EFFICIENT GROWTH PATH Reducing water stress Improved water storage and wastewater treatment can help increase per capita availability of water Enhancing livability of cities Investments of about $55 billion/year are needed to improve access to piped water, adequate drainage, housing, and public transport; strengthening ULB capacity to mobilize finance and attract private investment is critical to addressing these constraints Addressing air quality challenges Air pollution is especially pronounced in urban areas; requires airshed level management that targets reduction in emissions from priority sectors such as energy, transport, agriculture and industry PIVOTING TO A MORE RESOURCE EFFICIENT GROWTH PATH Enhancing resilience to climate risks India needs to safeguard its rising investments in infrastructure to increased climate risks/events Protecting and leveraging natural capital Coastal, marine, and forest ecosystems, if sustainably managed, can support livelihoods and growth Investing in agri-value chains and digital platforms Private investment in agri-value chains, warehousing, and digital platforms can help farmers enhance their income and adapt to climate change Supporting energy transition India’s impressive record in generating renewable energy, universal household electrification and reduced tariffs, needs tobe supported with DISCOM reforms to attract private financing ACCELERATING INCLUSION Enhancing employability Investments in foundational learning, learning outcomesand market relevant skills that account for technological advances and digitalization--are critical to prepare a job-ready workforce Improving healthcare Challenges like undernutrition, rising incidence of NCDs, and gaps in coverage of health services need to be prioritized to enhance labor productivity Strengthening safety nets India needs a consolidated, shock-responsive, welltargeted social protection system that covers informal workers; it also needs investments in the care economy to cater to an increasingly ageing population ACCELERATING INCLUSION Supporting MSMEs MSMEs employ more than half of I

FAQs

What priorities does SCD India Update 2024 review and reframe?

It assesses progress on 2018 SCD priorities: shifting to a more resource-efficient growth path, accelerating inclusion through jobs and human capital, and strengthening the public sector. It then reframes priorities to align CPF selectivity with Viksit Bharat 2047.

Which recent trends are highlighted in 2024?

The report highlights robust growth and poverty reduction, the urgent need for large-scale job creation, and ongoing inequalities across regions and social groups, especially in rural and marginalized communities.

What progress areas are covered under areas of progress?

Key areas include digital public infrastructure, basic services, renewable energy, and large-scale physical infrastructure expansion from 2018 to 2024.

Jul 19, 2026

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