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Global Investment Partnership (GIP)

Published on April 25, 2022
Current Context: India has established a Global Investment Fund with the cooperation of the United Kingdom under GIP.
Global Investment Partnership (GIP)
  • Global Investment Partnership would mean attracting investment, catering to different areas including innovation, infrastructure development, capacity building, etc. The fund would leverage long-term capital investment.
  • Global Investment Fund would see an infusion of 75 Bn Pounds co-financed by the UK and India over 14 years, meant for capital investment.
  • GIP will also leverage additional 100 Mn Pounds from the market to support Indian Innovation. There are some 5000 odd Indian Innovations catering to different sectors, which would benefit the countries across the world.
  • The E-Bazaar platform has been rolled out to have an advanced ecosystem for the concerned stakeholders.

Question:

Q.1 Which two countries have launched a Global Investment Partnership, recently?
a. India and UK
b. India and USA
c. India and EU
d. India and Germany

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