Policy

India signs 8 mn loan agreement with World Bank

The pact is aimed at improving adaptive capacity of the rural poor engaged in farm-based livelihoods.
India signs 8 mn loan agreement with World Bank

India has signed a loan agreement worth USD 8 million with World Bank for sustainable livelihoods and adaption to climate change.

"A grant agreement for World Bank assistance of USD 8 million for sustainable livelihoods and adaptation to Climate Change (SLACC) Project has been signed between the Government of India and the World Bank," the Finance Ministry said in a statement.

The agreement was signed by Joint Secretary (MI) in Ministry of Finance Tarun Bajaj and World Bank’s India Country Director Onno Ruhl.

The pact is aimed at improving adaptive capacity of the rural poor engaged in farm-based livelihoods to cope with climate change and scale up the demonstrated best practices and lessons into the government of India’s National Rural Livelihoods Mission, the statement said.

National Rural Livelihoods Mission is the implementing agency, it added.

Previous article Govt ready to provide investment in petrochemical sector
Next article CII organises National Arogya Fair in Jaipur

How useful was this post?

Click on a star to rate it!

Average rating 0 / 5. Vote count: 0

No votes so far! Be the first to rate this post.

Write a Reply or Comment

Your email address will not be published. Required fields are marked *


*

code

- Advertisement -
The Changing Face of Rural India