Login With Google
India inks $200 mn. WB loan for nutrition mission
Why in the news ?
- India signed an agreement with the World Bank for a $200 million loan for implementing the National Nutrition Mission across 315 districts of the country.
- Approved by the Union Cabinet last year, the mission aims at reaching 10 crore beneficiaries, mainly children upto the age of six years, pregnant women and lactating mothers and adolescent girls.
- The programme will be implemented in three phases between 2017 and 2020 across all districts of the country.
Targeted reductions
- The mission targets a 2% reduction in both under-nutrition and low birth weight per annum. It also aims to bring down anaemia among young children, women and adolescent girls by 3% per year until 2020.
- The government will also strive to reduce the prevalence of stunting from the current level of 38.4% (as per the National Family Health Survey 4) to 25% by 2022.
- The National Nutrition Mission has an approved budget of ₹9046.17 crore. The total contribution of the Centre will be ₹2,849.54 crore and nearly ₹1,700 crore will be contributed by the State governments.
- The remaining amount will be funded through the government’s tie-up with multilateral agencies such as the World Bank.
All round upgradation
- At the current rates of exchange, the loan translates to ₹1,344.6 crore — 14% of the total budget approved by the government and 30% of the amount it plans to borrow.
- The project will include investments in improving the skills and capacities of ICDS staff and community nutrition workers.
Source
The Hindu