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World Bank will provide 250 Million dollar for NRETP to boost Rural incomes in India

World Bank will provide 250 Million dollar for NRETP to boost Rural incomes in India

World Bank will provide 250 Million dollar for the National Rural Economic Transformation Project (NRETP) to boost Rural Incomes across 13 States in India. 

The Agreement was signed between the Government of India and World Bank India in New Delhi. The loan will help women in rural households develop viable enterprises for farm and non-farm products.

India’s NRETP Project

The National Rural Economic Transformation Project (NRETP) will be implemented under the Deendayal Antyodaya Yojana – National Rural Livelihoods Mission (DAY-NRLM) through loan assistance (IBRD Credit) from World Bank.

DAY-NRLM lays special emphasis on targeting the poorest of the poor and the most vulnerable communities and their financial inclusion.  Innovative projects will be undertaken under NRETP.

DAY-NRLM provides for mutually beneficial working relationship and formal platforms for consultations between Panchayati Raj Institutions (PRIs) and Community Based Organizations(CBOs).

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