2018

-2019

RajKosh: Innovative financing for women, girls and children in Rajasthan

CIFF

RajKosh: Innovative financing for women, girls and children in Rajasthan

CIFF

The objective of the programme was to make the Government of Rajasthan financially resilient and mitigate the strain on financial resources by reducing fiscal deficit.

With a vision to make the Government of Rajasthan financially resilient for the empowerment of women, girls, and children, CIFF helped set up an innovative financing mechanism called ‘RajKosh’ for generating additional resources to finance programmes. It aimed to mitigate the strain on financial resources by reducing the fiscal deficit, raising additional resources from public and private sectors, and improving the effectiveness of government spending.  

We provided technical assistance to CIFF and the Government of Rajasthan to raise financial resources critical for sustaining and increasing the impact of ongoing investment in nutrition.

Key Objectives

  • 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
FROM THE DESK

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Nikos Papachristodoulou

Chief Operating Officer

Expertise

Partnership Development • Operations Management • Business Development • Project Management • Advocacy • Leadership Development and Change Management

M.K. Padma Kumar is involved in developing strategies and managing operations for the IPE Global Group.

He has over 25 years of experience in the development sector, working in civil society organisations and international development agencies like DANIDA and DFID. As the Head of State Partnerships at the DFID India, he was responsible for developing partnerships, programme design, management and strategic oversight of all programmes implemented in Bihar, Madhya Pradesh and Odisha. He has managed various development programmes. His expertise lies in driving operational, financial and programmatic transformations. Before DFID, he was associated with Danish International Development Agency (DANIDA), Help Age and World Wildlife Fund.

He holds a Master’s degree in Business Management with specialisation in Human Resource Management and Finance. He is extensively trained in Project Cycle Management, Grant Management, Performance Management, Leadership Skills and Change Management.

 
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