The Pimpri-Chinchwad Corporation (PCMC) and the United Nations Development Program (UNDP) have recently signed a Memorandum of Understanding (MoU) to create India’s first Social Impact Certificate (SIP) in the city and have begun the process of appointing risk investors.
Officials said PCMC aims to transform the delivery of primary, secondary and tertiary care services and bring 41 public health facilities across the city in line with national and international standards. SIB is designed to bring about change by strengthening infrastructure, people skills, processes and technical capabilities. This is the first time in India that an urban local body has acted as an impact financier, said Anna Bode, deputy commissioner of municipalities.
Under the Memorandum of Understanding, UNDP will provide technical assistance. Earlier this year, Palladium Group was appointed design and implementation partner for SIB. PCMC has submitted the Qualification Request (RFQ) to identify and qualify social investors for SIP available on the PCMC website. After a thorough evaluation, a qualified community investor or investors will be appointed who will work closely with the implementing partner to implement the identified interventions and achieve the pre-defined effects, officials said.
Mayor Usha Thor said, “SIB is needed to strengthen health facilities in Pimpri-Chinchwad. Through SIP, we can provide quality healthcare at all public health centers in the city. The project was taken up at the General Body Meeting in August 2021, in which we approved a budget of Rs 100 crore.
PCMC Commissioner Rajesh Patil said, “With UNDP’s technical assistance for India’s first Social Impact Assessment, PCMC aims to improve human resources capacity to improve processes, standardize healthcare delivery, improve infrastructure and strengthen overall health services. Eliminate inequalities in the use of facilities.
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UNDP and PCMC now organize a road show for national and international philanthropists and futuristic investors and community investors.
Shoko Noda, UNDP Resident Representative, said, “Designing SIP at PCMC is a great insightful experience that brings transparency and accountability and encourages the government to move towards results-based tariff models.