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INDIA:Government, World Bank to sign an agreement for rural job
Publish Date : 20-Jul-2011
The government will enter into an agreement with the World Bank for securing a soft loan worth $1 billion to fund the National Rural Livelihoods Project (NRLP), the ministry Of rural development informed through statement.
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,\' said in the statement.
