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NATIONAL RURAL ECONOMIC TRANSFORMATION PROJECT (NRETP)

Feb. 20, 2019

The Union Cabinet has approved the Implementation of an Externally Aided Project namely “National Rural Economic Transformation Project (NRETP).

About: 

  • Parent programme: This project under the Deendayal Antyodaya Yojana - National Rural Livelihoods Mission (DAY-NRLM) will be through loan assistance from the World Bank. 

  • Strategy: Innovative projects will be undertaken under NRETP to – 
    • pilot alternate channels of financial inclusion, 

    • create value chains around rural products, 

    • introduce innovative models in livelihoods promotion and access to finance and 

    • scale-up initiatives on digital finance and livelihoods interventions. 



  • Benefits: The technical assistance provided by NRETP and the higher-level interventions facilitated by the project will enhance the livelihoods promotion and access to finance and scale-up initiatives on digital finance and livelihood interventions. 

Source : PIB

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