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NATIONAL RURAL ECONOMIC TRANSFORMATION PROJECT (NRETP)

March 6, 2019

Government of India and World Bank signed a $250 Million Agreement for the National Rural Economic Transformation Project (NRETP) to boost Rural Incomes across 13 States in India.

National Rural Economic Transformation Project (NRETP): 

  • Objective: To help women in rural households shift to a new generation of economic initiatives. 

  • Strategy: This will be achieved by – 
    • promoting women-owned and women-led farm and non-farm enterprises across value chains; 

    • enable them to build businesses that help them access finance, markets and networks; 

    • and supporting youth skills development, in coordination with the Deen Dayal Upadyaya Grameen Kaushalya Yojana. 



  • Duration: The $250 Million Loan from the International Bank for Reconstruction and Development (IBRD), has a 5-year grace period, and a final maturity of 20 years. 

  • Parent programme: The National Rural Economic Transformation Project (NRETP) is an additional financing to the $500 million National Rural Livelihoods Mission (NRLM) approved by the World Bank in 2011. 

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