World Bank today announced an agreement with Govt. of Rajasthan and agreed to extend its support to the Government of Rajasthan with a proposed assistance program of about Rs 2,254 crore ($490 million) for Some of the development project in Rajasthan for next two years. World Bank Group President, Robert B. Zoellick said "These four projects include Rajasthan Rural Livelihoods project, Rural Road Project, Rajasthan agricultural competitiveness project and the ongoing water sector restructuring project,".The Four Main Project where money will be spent are:
1. The Rs 690-crore Rajasthan Rural Livelihoods Project will be implemented through social mobilization, credit linkages to banks and micro-finance institutions, and new livelihood strategies that are adaptable to climate change.
2. The Rs 1150-crore Rural Roads Project is expected to increase rural connectivity in sparsely populated areas of Rajasthan, not covered under the Pradhan Mantri Gram Sadak Yojna (PMGSY) program of the Government of India.
3. Rs 92 crore financing for the ongoing Water Sector Restructuring Project aims to scale up policy and institutional reforms under the ongoing Rajasthan Water Sector Restructuring Project.
4. The Rs 322-crore Rajasthan Agricultural Competitiveness Project aims at intensifying agricultural production, promote diversification and enhance efficiency of marketing systems.
The World Bank has been supporting the reforms and development program of the Government of Rajasthan since 1974 and this new aid will definitely help rural development in rajasthan.
0 comments:
Post a Comment