Updated By: LatestGKGS Desk
Cabinet sanctioned funds to J&K under DAY-NRLM without linking it with poverty ratio
Union Cabinet sanctioned funds to Jammu & Kashmir under DAY-NRLM without linking it with poverty ratio: Details, Aim, Highlights
Union Cabinet chaired by PM Narendra Modi on 19th Sep 2018, has approved the extension of the timeline for implementation of the Special Package under Deendayal Antyodaya Yojana-National Rural Livelihoods Mission (DAY-NRLM) for Jammu & Kashmir for another period of one year during 2018-2019.
Union Cabinet also approved the allocation of funds to the State under DAY-NRLM on a need basis for the implementation of the Special Package without linking it with poverty ratio.
There is no additional financial implication as the approval is to extend the timeline to cover two-thirds of the vulnerable households in the State within in the originally approved financial outlay of Rs 755.32 crore.
Under the approval, an amount of Rs 143.604 crore will be required for the period of one year during 2018-19.
This will help in covering all the vulnerable rural households in the State within a definite time frame. It will also ensure coverage of all the blocks in Jammu & Kashmir under DAY-NRLM and ensure social inclusion, social development, promotion of livelihoods leading to poverty alleviation in the State.
