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Wednesday, October 12, 2005

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METRO & COUNTRY
 
Tk 350m WB aid to tackle Monga
10/12/2005
 

          The World Bank (WB)will provide financial assistance to the tune of Tk 350 million (35 crore) to the government to implement a pilot project for improve immediate income earnings of the Monga (crisis) affected farmers of the country, reports BSS
The project titled `Monga Mitigation Initiative' under WB's ongoing Social Investment Programme Project (SIPP) will be implemented in four severely Monga hit districts of Kurigram, Gaibandha, Rangpur and Lalmonirhat.
The WB sources told BSS today that considering the social context and very poor and disadvantaged socio-economic situation of the Monga-affected areas, the WB has initiated the project during the crisis season.
The pilot project will be jointly implemented by the Social Development Foundation (SDF) and the Palli Karma-Sahayak Foundation (PKSF) to address the Monga problem this year.
The project will initiate employment generation through small-scale community infrastructure activities, and provide skill development training on various income generating activities, provision of micro-credit and provision of seed capital to those hard-core poor families who are ineligible for micro-credit, WB sources said.
‘Monga’ leads to seasonal scarcity of employment, which brings lack of access to food amongst mainly rural hard-core poor families.
The impact of the project would increase employment rates, family incomes, food security and nutrition levels of the targeted extreme poor community, WB expects.

 

 
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