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Government took Rs 4,500 crore credit from World bank for NRLP: Ram Kripal Yadav

PTI|
Dec 18, 2017, 10.42 PM IST
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Government took Rs 4,500 crore credit from World bank for NRLP: Yadav
The government informed the House that at present there is no such proposal to cover the remaining districts by utilising any other loan schemes.
NEW DELHI: The government has taken credit of Rs 4,500 crore (USD 1 billion) from the World Bank in 2011 availed over a period of five years for National Rural Livelihoods Project (NRLP), Parliament was informed today.

Minister of State for Rural Development Ram Kripal Yadav said the government had signed an agreement with the World Bank in July 2011 for availing International Development Association (IDA) credit of Rs 4,500 crore for NRLP to be availed over a period of five years.

"The project was restructured in May 2013 and the credit amount reduced to USD 500 million which is now to be availed by June 2018," he said in a written reply in the Rajya Sabha.

"The objective of the loan was to increase effectiveness of the resources being utilised under Deendayal Antyodaya Yojana-National Rural Livelihoods Mission (DAY-NRLM) through professionalising the overall programme management and moving towards a results-based approach throughout the country," the reply said.

The minister has also provided a list of 597 districts and blocks of 13 high poverty states of Assam, Bihar, Gujarat, Chhattisgarh, Jharkhand, Karnataka, Madhya Pradesh, Rajasthan, Maharashtra, Odisha, Tamil Nadu, Uttar Pradesh and West Bengal where NRLP is being implemented.

The government informed the House that at present there is no such proposal to cover the remaining districts by utilising any other loan schemes.
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