Government, World Bank to sign pact on rural jobs
July 15th, 2011 - 7:45 pm ICT by IANSNew Delhi, July 15 (IANS) The government will enter into an agreement with the World Bank here July 18 for securing a soft loan worth $1 billion to fund the National Rural Livelihoods Project (NRLP), the ministry Of rural development said Friday.
According to a statement, the funds would be distributed among the states on the basis of the size of their rural below poverty line (BPL) population.
“The investment in one of the world’s largest poverty reduction initiatives will help in setting up an institutional platform by mobilizing rural poor, particularly women, into robust grassroots institutions,” the statement.
The ministry said that the project will assist in bring professional practice in the overall programme by providing quality technical assistance.
“Rural development programme will invest intensively to support implementation of the NRLM in 100 districts and 400 blocks of 12 high poverty states, accounting for 85 percent of the rural poor in the country,” the ministry said.
The NRLM project, under which the programme would be run, aims to create rural jobs and strengthen institutional platforms like education and medical services.
- Government keen to reduce loan rate for self help groups: Ramesh - Jul 19, 2011
- Sonia to launch rural livelihood mission - Jun 01, 2011
- National livelihood mission to rural raise workers's skills - Jun 03, 2011
- Rural poverty alleviation project for northeast approved - Nov 16, 2011
- World Bank extends $130 mn loan for North East development - Jan 20, 2012
- Sonia launches National Rural Livelihood Mission (Lead) - Jun 03, 2011
- Showcasing a 'pro-poor' agenda in tribal heartland - Jun 07, 2011
- Nabard's Rs.15 bn fund to help women's self-help groups - Apr 14, 2012
- Sonia launches livelihood mission for rural poor - Jun 03, 2011
- Self-employment scheme to become livelihood mission - Jun 25, 2010
- $200-mn ADB loan for Madhya Pradesh power projects - Aug 17, 2011
- Livelihood mission to strengthen self-help groups: Joshi - Jun 25, 2010
- ADB to finance roads in northeast - Jul 23, 2011
- Poor youth to be trained for jobs - Feb 11, 2011
- Rural restaurants for food security - and jobs too (Comment) - May 16, 2012
Tags: 1 billion, education, government world, implementation, institutions, jobs, medical services, ministry of rural development, New Delhi, pact, platforms, population, poverty line, poverty reduction, professional practice, reduction initiatives, soft loan, technical assistance, world bank