Jayant Chaudhary presents India’s approach to outcome driven investments at Cape Town summit

Jayant Chaudhary, Minister of State for Skill Development and Entrepreneurship and Education, engages global leaders on public private funding and skills outcomes

Mumbai, March 31, 2026: Jayant Chaudhary, Minister of State for Skill Development and Entrepreneurship and Minister of State for Education, participated in the Outcomes Finance Alliance Summit 2026 held in Cape Town from March 25 to 27, where he highlighted India’s approach to outcomes based financing and development.
The summit brought together governments, investors, philanthropic organisations, and development partners to explore funding models focused on measurable outcomes across sectors such as education, skilling, and livelihoods.

At the event, Jayant Chaudhary joined a high level plenary session on unlocking public and private funding for outcomes, alongside representatives from the Government of South Africa, Rand Merchant Bank, and the State Secretariat for Economic Affairs, Switzerland. The discussion focused on aligning different sources of capital towards achieving measurable impact.
Jayant Chaudhary said, “As the world navigates rapid technological and demographic transitions, the real challenge is ensuring that investments translate into measurable outcomes for people. India’s experience shows that when governments, industry, and development partners align around outcomes, we can build scalable solutions that support youth and strengthen economic resilience.”

During the summit, he also engaged with government representatives from South Africa and Nigeria, including Nonceba Mhlauli, Mimmy Gondwe, Melissa Erra, and Shijuade Idowu Tiamiyu. The discussions focused on workforce development and the role of outcomes based financing in addressing shared development priorities.
India and South Africa exchanged insights on initiatives such as South Africa’s Jobs Boost programme and India’s Skill Impact Bond and proposed Skills Outcomes Fund, highlighting the role of government in scaling such models.

Jayant Chaudhary also held discussions with international institutions including the Foreign Commonwealth and Development Office of the United Kingdom, the Organisation for Economic Co operation and Development, the State Secretariat for Economic Affairs Switzerland, and philanthropic organisations such as the British Asian Trust and the Children’s Investment Fund Foundation.
These engagements focused on collaboration in areas such as skills financing, private sector participation, and partnership driven development approaches.

India’s participation at the summit reflects its growing role in advancing large scale skilling ecosystems and outcome oriented development frameworks, with continued focus on global partnerships and human capital development.

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