National Blueprint · One of 195
A nation of 1.46 billion that has brought electricity to almost every citizen and installed 171 GW of solar, while more than half its children, at the last national count, could not read a simple text by the age of ten.
Perfect Nations values what India owns and raises capital against it, through innovative financing for development (FfD) and super intelligence (SI).
India at a glance
What we do for India
Perfect Nations is a new-age sovereign advisory firm, and its clients are nations.
The whole logo: a Perfect Nation, where every citizen has all seven basic standards of living, led by good governance.
01Assets · The cup · Sovereign Assets
Each is owned today, earns today, and can carry India toward seven basic standards of living for every citizen.
171 GWSolar installed, 30 Sept 2026
Now the largest part of 299 GW of renewable capacity.
99.9%Of people with electricity, 2024
About 1,400 kWh a person a year, above the 1,000 kWh that Perfect Capita sets for every citizen.
59.9%Of land in agriculture, 2024
Three-fifths of the land is farmed, and one person in eight is still undernourished.
7.65%30-year green bond yield, 1 Oct 2026
First issued in 2023; five 30-year green auctions are scheduled from October 2026 to January 2027.
1.46bnCitizens, 2025
Nearly two in three still live outside the cities, where schools and clinics are thinnest.
02Capital · The laurels · Capital Architecture
Bonds, guarantees, swaps and loans that raise capital against what India owns, every line sourced.
Capital ArchitectureThe record in figures
Capital already committed
Auctioned 1 October 2026 · 30-year · cut-off yield 7.6539%
Notified amount; cut-off price INR 98.20
The first of five 30-year green auctions in the second half of the fiscal year, for projects that cut emissions.
Reserve Bank of IndiaGovernment of India
SourceWeeks of 28 Sep, 26 Oct, 23 Nov, 21 Dec 2026 and 18 Jan 2027
Five auctions of INR 3,000 crore, 30-year
Set in the issuance calendar for October 2026 to March 2027. The total is the sum of the five auctions; the release does not state it.
Reserve Bank of India
SourceAuctioned 25 January and 9 February 2023
Four tranches of INR 4,000 crore, five- and ten-year
India’s first sovereign green bonds, issued by the Reserve Bank for the Government, with 5% reserved for retail investors.
Reserve Bank of IndiaGovernment of India
SourceApproved 9 July 2026 · IBRD $820M · Clean Technology Fund $60M · Livable Planet Fund grant $10M
Supports PM Surya Ghar: Muft Bijli Yojana; $4.2 billion of private loans expected
World Bank finance for rooftop solar on 10 million rural and urban homes under PM Surya Ghar: Muft Bijli Yojana, to cut household power bills and build local manufacturing. It is expected to mobilise $4.2 billion of private commercial loans for installations. It serves the energy standard.
World Bank
SourceApproved 18 June 2026 · IBRD · Project P517201
Budget support for private-sector jobs
World Bank budget support for reforms to the business environment, trade and investment openness, and the mobilisation of private capital, with better finance for small firms and women-owned enterprises. It is aimed at jobs for the 11 million young people who enter the labour market each year, for livelihood.
World Bank
SourceApproved 10 April 2026 · IBRD
About 800 km of state highways
Upgrades and maintains about 800 km of Rajasthan’s highways, strengthens road safety and traffic enforcement, and turns the state highway authority into a service-oriented agency. It serves livelihood, by connecting people to markets and work.
World Bank
SourceApproved 10 February 2026
Recovery after extreme weather; 2.3 million people
Rebuilds after disasters in Himachal Pradesh: more than 250 bridges, roads and footbridges rehabilitated, stronger early warning systems, and support for community-owned businesses and jobs. It is to benefit 2.3 million people.
World Bank
SourceApproved 2 February 2026 · Co-prepared with the Asian Development Bank
More than one million better-skilled workers a year
Upgrades India’s Industrial Training Institutes so that training matches what employers need, in a hub-and-spoke model. It aims at more than one million better-skilled workers a year, with at least a quarter of ITI students women, and at least $680 million of private capital, for livelihood.
World Bank
SourceAnnounced January 2026 · IBRD · 16.5-year maturity, three-year grace period · Project P506976
Care for more than 90 million people
Personal health care for people over 30 across West Bengal, with digital tracking of hypertension and diabetes, climate-resilient health facilities, and maternal and adolescent health in five districts. It serves more than 90 million people, for the health standard.
World Bank
SourceApproved 13 January 2026 · One of three Assam projects, $680M in all
Climate-resilient roads in the hills
Builds climate-resilient roads and transport hubs in Assam’s hill districts, opening rural access to markets, jobs and services.
World Bank
SourceApproved 13 January 2026 · One of three Assam projects, $680M in all
Primary learning and climate-resilient schools
Improves learning in primary schools, gives adolescents life-skills training and builds climate-resilient schools in Assam. Education is the standard that sets India’s Coverage.
World Bank
SourceApproved 13 January 2026 · One of three Assam projects, $680M in all
Public finance and state data systems
Strengthens public financial management, administrative services and the state’s data systems in Assam.
World Bank
SourceApproved 12 December 2024 · Investment project financing
Farm value chains for smallholders
Develops inclusive, resilient agricultural value chains and enterprises for smallholders in selected districts.
World Bank
SourceApproved 3 December 2024 · Program-for-Results
District-led growth
Strengthens institutional capacity, services and data systems for district-led inclusive growth.
World Bank
SourceApproved 25 November 2024 · Investment project financing
Tripura and Nagaland
Improves landscape management and the benefits for forest-dependent communities.
World Bank
SourceApproved 31 October 2024 · Investment project financing
Smallholder agriculture
Promotes the resilient commercialisation of Kerala’s agriculture for smallholder farmers.
World Bank
SourceApproved 28 June 2024 · Development policy lending
Budget support for low-carbon energy
To accelerate the development of low-carbon energy in India.
World Bank
SourceApproved 22 May 2024 · Program-for-Results
Skills and productivity
Enhances labour market readiness and productivity through skills development.
World Bank
SourceApproved 1 April 2024 · Investment project financing
Climate and disaster resilience
Improves the resilience of key public infrastructure and strengthens emergency response, including for fires.
World Bank
SourceApproved 1 March 2024 · Program-for-Results
Rural connectivity
Builds green, inclusive and resilient rural connectivity in Assam and strengthens road and bridge management.
World Bank
SourceApproved 21 December 2023 · Program-for-Results
Urban services
Improves access to climate-resilient urban services and strengthens urban governance.
World Bank
SourceApproved 30 October 2026 · Loan
Water, sewers and drains for more than 320,000 people
Upgrades water supply, builds new sewer networks and rehabilitates drainage in Puducherry, for more than 320,000 people. It serves the water and shelter standards.
Asian Development Bank
SourceApproved 28 July 2026 · Loan, with $3M of technical assistance
Supports India’s Urban Challenge Fund
Supports the Urban Challenge Fund and reforms to city institutions and finances: resilient urban regeneration, transit-oriented development, municipal bonds and digital governance.
Asian Development Bank
SourceApproved 28 July 2026 · Loan
At least 3.5 million household rooftop systems
Finances at least 3.5 million household rooftop solar installations under PM Surya Ghar: Muft Bijli Yojana, with digital application and monitoring systems and the participation of distribution companies. It serves the energy standard.
Asian Development Bank
SourceApproved 16 July 2026 · Sovereign
Trade, energy and food security measures
AIIB support for short-term policy measures on trade resilience, energy and LPG supply, food security, fertilizer support for farmers and rural employment.
AIIB
SourceApproved 3 July 2026 · Loan
Water and sewerage for about 4.5 million people
Lays more than 170 km of water and sewer lines and upgrades seven water and 38 sewer pumping stations in Greater Chennai, for about 4.5 million people. It serves the water and shelter standards.
Asian Development Bank
SourceApproved 1 July 2026 · Loan in yen
500 public school clusters; more than one million students
Creates 500 integrated public school clusters, from pre-primary to secondary, with better teaching, curriculum, assessment and STEAM learning. It aims to reach more than one million students, for the education standard that sets India’s Coverage.
Asian Development Bank
SourceApproved 28 November 2025 · Loan, co-financed with the World Bank
650 ITIs in 12 states; at least 1.3 million young people
Modernises 650 Industrial Training Institutes in 12 states and turns five National Skill Training Institutes into advanced centres for trainers, to improve the employability of at least 1.3 million young people, for livelihood.
Asian Development Bank
SourceApproved 26 November 2025 · Loan
Three medical college hospitals
Turns Gauhati Medical College and Hospital into a super-specialty facility, upgrades the Assam and Silchar medical college hospitals and improves medical education, for the health standard.
Asian Development Bank
SourceApproved 15 October 2026 · private sector · first ACCEL investment
Not sovereign borrowing; does not add to public debt
Finances one of the world’s largest green ammonia plants, about 1.1 million tons a year, from a fund financed by JICA and administered by ADB.
Asian Development BankJICA
SourceDefinitive agreements signed 5 June 2026 · IFC about $25M · With Siemens Financial Services and Fullerton Carbon Action Fund
Green hydrogen and green ammonia plants
An equity round co-led by IFC for Hygenco, which develops, builds, owns and runs commercial green hydrogen and green ammonia plants in India and operates two today.
IFCSiemens Financial ServicesFullerton Carbon Action Fund
Source
Ananya RaoNation Steward of India · SI Researcher
Independent firms and social enterprises already at work in India, highlighted by Perfect Nations. None is a partner of Perfect Nations.
School meals for 2.35 million children in more than 23,000 schools.
Akshaya Patra, 2025Solar-powered water ATMs and purification in villages and city settlements, serving about 657,000 people.
YourStory, 2020Women in informal settlements win water, toilets, power and secure tenure: 1.8 million people in 36 cities.
OxfamSolar power, bundled with finance, for more than 110,000 homes and businesses since 1995.
World Economic ForumTeaching children at the level they can read, and the ASER survey that measures it in every rural district.
Pratham78,581 eye surgeries in a single month, most of them for cataract.
Aravind, 2025A union of self-employed women, founded in 1972 in Ahmedabad, with its own bank and cooperatives.
SEWA03Solutions · The seven stars · Perfect Capita
Perfect Capita is the yearly cost, per person, of lifting everyone above the Living Line in all seven basic living standards, set with India in its own prices.
How Perfect Capita worksTap a star for its figure and source.
The price of Perfect India
To be set with India, from its own figures and in its own prices: Perfect Capita times the people of India, each year.
Perfect Nations estimate, to be confirmed with India. The learning figure dates from 2017 and is marked as dated; India does not publish the stricter food-insecurity survey, so food uses a lenient measure. The strict measures
Strict measures. Food: share not moderately or severely food insecure (FAO). Water: safely managed drinking water where measured; where it is not, basic water, marked as such. Shelter: the lower of safely managed sanitation and the share outside urban slums. Energy: the lower of electricity per person against 1,000 kWh and clean cooking. Education: the lower of children reading by the end of primary school and lower-secondary completion. Health: WHO service coverage index. Livelihood: share above the stricter of the national poverty line and the World Bank line for the nation’s income group. Where a strict measure is not published, a lenient one is shown and marked as such. Each figure links to its source.
Solution No. 42
Solar on every government school, and the power savings finance children learning to read.
56%of Indian children could not read a simple text, 2017
You are 1.46 billion people, and in a single decade you did what no nation of your size had done before: you brought electricity to almost every one of you.
… The wire reached the house. Reading has not yet reached every child inside it.
“You wired a nation of 1.46 billion. Reading is the next network to build.”
Work with us · The ReDesign Studio
One mission, three depths: the same four moves for India, taken as far toward market as you choose.
For the Government of India, its development partners and investors. Scope and fees are agreed in writing before any work begins.
Mandate 013 hours
A private session for the people who decide.
You leave withThe gap, named and sized
Mandate 023 days
Your team and ours, working the blueprint together.
You leave withThe structure, drawn
Mandate 03End to end
Led personally by the President and CEO.
You leave withA structure ready for market
Where Indians and Co-designers design the nation they want to live in.
Writings
Up to 1,500 words on your vision of Perfect India, published with your name.
Submit your writingVoices of Perfect Nations Launching soon
Great local leaders: honest, dedicated and committed to basic standards of living for all. Every guest answers one question: “What does India already own, and how could it pay for a decent life for every citizen?”
Co-designers
Everyone who shares a vision, a voice or an enterprise here becomes a Co-designer of Perfect India.
Become a Co-designerThe India ReDesign Studio is open
Share your vision, suggest a guest, or write to us: every message receives a personal reply.
