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.
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