World Bank announced a Multi-billion Dollar Plan for Poverty Alleviation in Indian States

Apr 12, 2013 13:19 IST

The World Bank in the second week of April 2013 announced a multi-million dollar four-year plan that is to be initiated in seven low-income states of India to bring down the poverty levels.

The World Bank’s Country Partnership Strategy for India proposed to lend 3 billion to 5 billion US dollars every year for a period of next four years. The recognized states are Chhattisgarh, Jharkhand, Madhya Pradesh, Odisha, Rajasthan, and Uttar Pradesh. The states have been identified depending upon the number of poor’s that live in these states.

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