Rural poverty alleviation project for northeast approved
November 16th, 2011 - 7:46 pm ICT by IANS
New Delhi, Nov 16 (IANS) The government Wednesday approved a Rs.683 crore project to improve the living standards of rural areas in four northeastern states — Mizoram, Nagaland, Sikkim and Tripura — fighting high poverty ratios.
The plan, North East Rural Livelihood Project, or NERLP, was approved by the Cabinet Committee on Economic Affairs that at a meeting chaired by Prime Minister Manmohan Singh.
The project will cover nearly 300,000 households in 1,624 villages in the four states.
The project will cost an estimated Rs.683.2 crore ($144.4 million), an official statement said.
Of the total cost, the World Bank has agreed to provide an assistance as a soft loan of Rs.614.8 crore ($130 million) and the central government will fund Rs.68.4 crore ($14.4 million) over a period of five years.
According to official figures, nearly 26 percent of population in Mizoram lives below the poverty line. The figure stands at 25 percent in Nagaland and Sikkim.
Tripura is among the states in India facing acute poverty. It has 36 percent of the population living below the poverty line.
The ministry of development of north eastern region will implement the project to improve rural livelihoods especially that of women, unemployed youth and the most disadvantaged in the four states.
The ministry will create sustainable community institutions targetted to increase the economic and livelihood opportunities by developing partnership of community institutions for natural resource management, microfinance, market linkages and sectoral economic services.
The project proposes to target the poorest of the poor on priority.
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- World Bank extends $130 mn loan for North East development - Jan 20, 2012
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- Budgetary allocation doubled but mixed response in northeast (Lead) - Feb 28, 2011
- 134 urban development schemes cleared for northeast - Sep 18, 2011
- Bihar hires young professionals to help implement livelihood project - May 03, 2012
- ADB to finance roads in northeast - Jul 23, 2011
- Security, corruption issues in coming northeast polls: Congress - Apr 30, 2012
- 30,000 rural youths to be trained as security guards - Jan 27, 2011
- Power crisis grips northeast India: Tripura minister - May 10, 2012
- India's health budget goes up by 20 percent (Lead) - Feb 28, 2011
- Northeastern states lead service sector growth - Mar 15, 2012
- Northeast needs different norms for poverty census: Experts - Jun 23, 2011
- Power crisis grips northeast India - Apr 10, 2010
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