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Home Banking & Finance

WB lends US$200M for National Nutrition Mission

Fiinews by Fiinews
May 8, 2018
in Banking & Finance, Health, Investment
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Children feeding fund for 315 districts

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The Government has signed a loan deal worth US$200 million with the World Bank for the National Nutrition Mission (POSHAN Abhiyaan).

The loan would help the Government in achieving its goal of reducing stunting in children 0-6 years of age from 38.4% to 25% by the year 2022.

The POSHAN (PM’s Overarching Scheme for Holistic Nourishment) Abhiyaan was launched by the Prime Minister, Narendra Modi, on 8th March 2018 at Jhunjhunu in Rajasthan state.

A large component of POSHAN Abhiyaan involves gradual scaling-up of the interventions supported by the ongoing World Bank assisted Integrated Child Development Services (ICDS) Systems Strengthening and Nutrition Improvement Project (ISSNIP) to all districts in the country over a 3-year period.

The loan, approved on 7 May 2018, will support the first phase scale up to 315 districts across all states and union territories (UTs). fii-news.com

Tags: The World Bank
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