With a vision to making the Government of Rajasthan financially resilient for the development of women, girls and children, including nutrition; CIFF helped set up an innovative financing mechanism for generating additional resources to finance programmes through ‘RajKosh’. It aimed to mitigate the strain on financial resources by reducing the fiscal deficit, raising additional resources from public and private sector, and improving the effectiveness of government spending.
We worked with CIFF and Government of Rajasthan to raise financial resources critical for continuity and impact of ongoing investment in nutrition. Specifically, we provided technical assistance with an aim to:
- Improve operating efficiency and effectiveness of spending through a ‘scheme rationalisation’ exercise to analyse the flow of resources in various schemes.
- Assist the Department of Women and Child Development (DWCD), Government of Rajasthan in setting up and operationalising a Special Purpose Vehicle (SPV) to mobilise and manage funds.
- Raise financial resources – at least US$ 8 million by the end of the investment period.
