Monday, July 9, 2012

World Bank offers Bihar $100 mn loan, Project named Jeevika (livelihood) will benifit 1.5 million households


World Bank offers Bihar $100 mn loan, Project named Jeevika (livelihood) will benifit 1.5 million households




The World Bank Monday offered a $100 million loan for a rural livelihood project in Bihar that is expected to benefit 1.5 million households.

The project is aimed at enhancing the social and economic empowerment of the rural poor in Bihar.

Representatives of the government of India, government of Bihar and the World Bank signed the loan agreement here.

The additional financing will help consolidate and expand the project covering all the blocks in six districts covered under the programme named Jeevika (livelihood).

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