In what appeared to be a big achievement for the Nitish government, the World Bank has decided to aid a project for boosting rural economy through self-employment in the state.
The project will be launched in 4,000 villages spread across six districts of Bihar in September.
Earlier this year, a World Bank delegation met Chief Minister Nitish Kumar to work out measures for the development of the state.
Sources in the government said the Rs 306.5 crore project, christened “Jivika” (employment), would be executed under the Bihar Rural Livelihood Project.
According to a five-year action plan prepared by the World Bank, the project will cover 42 development blocks across Nalanda, Gaya, Khagaria, Muzaffarpur, Madhubani and Purnia districts.
Altogether 5.9 lakh poor families are expected to be benefited from the project, the burden of which will be shared by the World Bank, Bihar government and the beneficiaries. While the World Bank will extend an assistance of Rs 264.6 crore and the Bihar government Rs 29.4 crore, the beneficiaries will mobilise Rs 12.5 crore.
Under the project, self-help groups and productivity groups will be constituted in the targeted villages. Their federations will be set up at block and district levels and efforts will be made to establish contacts with banks for steady inflow of cash for gainful self-employment.
Sources said pilot projects under “Jivika” were already on in 22 villages of Gaya, Muzaffarpur, Madhubani, Purnia and Nalanda districts where 151 self-help groups have been set up.
The project will be launched in 4,000 villages spread across six districts of Bihar in September.
Earlier this year, a World Bank delegation met Chief Minister Nitish Kumar to work out measures for the development of the state.
Sources in the government said the Rs 306.5 crore project, christened “Jivika” (employment), would be executed under the Bihar Rural Livelihood Project.
According to a five-year action plan prepared by the World Bank, the project will cover 42 development blocks across Nalanda, Gaya, Khagaria, Muzaffarpur, Madhubani and Purnia districts.
Altogether 5.9 lakh poor families are expected to be benefited from the project, the burden of which will be shared by the World Bank, Bihar government and the beneficiaries. While the World Bank will extend an assistance of Rs 264.6 crore and the Bihar government Rs 29.4 crore, the beneficiaries will mobilise Rs 12.5 crore.
Under the project, self-help groups and productivity groups will be constituted in the targeted villages. Their federations will be set up at block and district levels and efforts will be made to establish contacts with banks for steady inflow of cash for gainful self-employment.
Sources said pilot projects under “Jivika” were already on in 22 villages of Gaya, Muzaffarpur, Madhubani, Purnia and Nalanda districts where 151 self-help groups have been set up.
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