Article courtesy: Press Information Bureau
The Ministry of rural development would be entering into an agreement with the world bank for soft loan worth US$1 billion (approximately Rs. 4,600 crores) to implement the National Rural Livelihoods Project (NRLP) under National Rural Livelihood Mission (NRLM) at Krishi Bhawan. The distribution of project funds among the states would be based on the relative share of rural BPL population in the total states. The investment in one of the world’s largest poverty reduction initiatives would help in setting up of an institutional platform by mobilizing rural poor, particularly women, into robust grassroots institutions of their own where, with the strength of the group behind them, they will be able to exert voice and accountability over providers of educational, health, nutritional and financial services.
