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Announcement of World Bank Provides More Support to Rural Poverty Program in Madhya Pradesh, India on June 24, 2009 (English)

This press release announces that the World Bank on June 24, 2009, approved one hundred million US Dollars IDA credit to India, designed to address rural poverty in Madhya Pradesh, one of the country’s poorest states. The state has the third highest incidence of poverty and the lowest rate of poverty reduction among the major states of the country. The Second Madhya Pradesh District Poverty Initiatives Project (MPDPIP-II) is designed to empower the poor by organizing them into Self Help Groups (SHGs) and facilitate their federation into cluster-level organizations, to enable them to access higher value markets, formal financial intermediaries, among other things.

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Announcement of World Bank Provides More Support to Rural Poverty Program in Madhya Pradesh, India on June 24, 2009 (English). Bank News Release Washington, D.C. : World Bank Group. http://documents.worldbank.org/curated/en/293731635782376125/Announcement-of-World-Bank-Provides-More-Support-to-Rural-Poverty-Program-in-Madhya-Pradesh-India-on-June-24-2009