The Union Cabinet is chaired by Prime Minister Narendra Modi, yesterday it gave approval to the implementation of the NRETP (National Rural Economic Transformation Project).

The New Rural Livelihood project was under Deendayal Antyodaya Yojana, which will be approved through loan Assistance from the World Bank.

An official release statement reads, “The technical assistance provided by NRETP and the higher level interventions facilitated by the project will enhance the livelihoods promotion, access to finance and scale-up initiatives on digital finance and livelihood interventions.”

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