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G7 demands overhaul of OECD aid rules to pull in private capital and cut red tape
International
Published on 30 April 2026
India could get new help as vulnerability expands
G7 ministers urged an “ambitious review” of the OECD’s Development Assistance Committee rules, aiming to better incorporate private capital and non-traditional financing. The push is meant to simplify development architecture, lower administrative costs, and improve efficiency. A key shift could recognize vulnerability beyond per capita income, potentially widening support for countries including India.
- G7 wants OECD DAC rules reviewed to include private capital
- Reforms target simpler architecture, lower costs, and better efficiency
- Support may extend using vulnerability measures beyond income per capita
- Changes will rely on existing tools to attract investment and manage crises
Read the full story at The Economic Times
This summarization was done by Beige for a story published on 
The Economic Times