Development Institutions

KfW is a German Government-owned development bank, based at Frankfurt. KfW gives impulses for the economy, society and ecology the world over. It supports change and promotes promising ideas. Creativity, humanity, responsibility, market economy, sustainability, performance and tolerance are the yardstick by which KfW measures its actions. KfW has extended a grant to IIMPS for development of a secure IT platform for recordkeeping, administration and transaction processing (sCube) as well as for developing training and retirement literacy tools for low income informal sector workers.

NABARD is set up as an apex Development Bank with a mandate for facilitating credit flow for promotion and development of agriculture, small-scale industries, cottage and village industries, handicrafts and other rural crafts. It also has the mandate to support all other allied economic activities in rural areas, promote integrated and sustainable rural development and secure prosperity of rural areas. In discharging its role as a facilitator for rural prosperity NABARD is entrusted with (a) Providing refinance to lending institutions in rural areas, (b) Bringing about or promoting institutional development, and (c) Evaluating, monitoring and inspecting the client banks. NABARD and IIMPS are working together to develop and pilot-test a rural "micro-pension" model targeted at SHG members and other rural poor.

Asian Development Bank
The Asian Development Bank aims for an Asia and Pacific free from poverty. Since its founding in 1966, ADB has been driven by an inspiration and dedication to improving people’s lives in Asia and the Pacific. By targeting our investments wisely, in partnership with our developing member countries and other stakeholders, we can alleviate poverty and help create a world in which everyone can share in the benefits of sustained and inclusive growth.Whether it be through investment in infrastructure, health care services, financial and public administration systems, or helping nations prepare for the impact of climate change or better manage their natural resources, ADB is committed to helping developing member countries evolve into thriving, modern economies that are well integrated with each other and the world. IIMPS has worked with the ADB and IIEF in providing technical assistance and advice on pension reforms and implementation to the Indian ministry of finance and the PFRDA through a $1mn grant. More recently, IIMPS co-authored the South Asia Pension Forum Report with the ADB.

UNDP India
UNDP partners globally with all the levels of the society in more than 170 countries and territories where we operate. It offers global perspective and local insight to help empower lives and build resilient nations that can withstand crisis, and that drive and sustain growth that improves the quality of life for everyone. UNDP calls this people-centred approach "human development". UNDP and IIMPS produced a study on the Rajasthan Government Viswakarma Co-contributory Pension Scheme.

Changing Lives
field updates

Low income individuals in remote tribal locations at Tamil Nadu are now being enrolled for "micro-pension" in partnership with Centre for Tribal Research and Development (CTRD).

IIMPS and eKutir will jointly assist low income farmers in Odisha to accumulate micro-savings through the Micro-Pension model.