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The European Union's development cooperation with India has a successful track record, spanning over several decades. The nature of the relationship has evolved from providing traditional development assistance to a mutually beneficial partnership. Since 2005 India has become one of EU's ten strategic partners, depicting their commitment to the promotion of shared values.
The EU currently manages over 130 contracts in India, with an overall value of over € 400 m. These projects can be grouped into three main sectors: economic (economic opportunities and skills development), environment (environment, renewable energy, energy efficiency and climate change), and social (education, health and social justice/ human rights).
While there are no new bilateral allocations for the 2014-2020 period and projects funded from the previous allocation are currently being finalised, thematic and regional cooperation, as well as grant allocations through the Global Fund, continue as before. The sources of funding vary from the Development Cooperation Instrument (DCI), the global and country-based allocations under the European Instrument for Democracy and Human Rights (EIDHR), the Industrialised Countries Instrument (ICI), to the Partnership Instrument (PI). Funding is delivered through various means of implementation, such as sector-specific budget support, grants, or services.
For more detailed information see the EU Cooperation and Development Assistance to India document below.