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30 January 2018
 |
| Rural (The Total Investment & Insurance Solutions) |
The Indian
government on Tuesday signed a $100 million loan agreement with the World
Bank to promote rural enterprises and create employment opportunities for
youth, particularly women, across 26 districts of Tamil Nadu, an official
statement said. The Total Investment
& Insurance Solutions
The agreement would facilitate the access rural enterprises to finance and
would directly benefit over four lakh people, it said.
"The Tamil Nadu Rural
Transformation Project will create an enabling environment for producer organisations
and enterprises to promote businesses across select value chains. The Total Investment & Insurance
Solutions
"It will support building an ecosystem
that will provide business development services to entrepreneurs in
rural and semi-urban areas for promoting rural enterprises and creating
employment opportunities," said the statement.
It added the project will specifically target
at least 60 percent women entrepreneurs from the self-help group
network in Tamil Nadu who have the potential to move into the
next level of economic integration.
"The project will be operational in 120
blocks across 3,994 villages in 26 districts of Tamil Nadu with
411,620 direct beneficiaries," it said.The Total Investment & Insurance Solutions
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