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Implementation of “National Rural Economic Transformation Project under DAY-NRL

Implementation of “National Rural Economic Transformation Project under DAY-NRL

The Union Cabinet has approved the Implementation of an Externally Aided Project namely “National Rural Economic Transformation Project (NRETP) under the Deendayal Antyodaya Yojana – National Rural Livelihoods Mission (DAY-NRLM) through loan assistance (IBRD Credit) from World Bank.

The technical assistance provided by NRETP and the higher level interventions facilitated by the project will enhance the livelihoods promotion and access to finance and scale-up initiatives on digital finance and livelihood interventions.

Objective:

The development objective of the National Rural Economic Transformation Project (NRETP) for India is to establish efficient and effective institutional platforms of the rural poor to enable them to increase household income through sustainable livelihood enhancements, and improved access to financial and selected public services.

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