Maharashtra Rural Credit Project (MRCP)

abhishreshthaa

Abhijeet S
Against this backdrop the MRCP supported by IFAD was evolved as an innovative approach to poverty reduction with people’s participation. The strategy for implementation of this project has been devised in such a manner that the rural poor assume centre-stage and their participation ensured at all stages of the project viz. planning, implementation and monitoring.


The experience gained shows that once the people’s participation is invoked at the planning stage itself a strong sense of ownership of the project develops among the people which stimulates them to actively involve in the subsequent phases of the project.


The MRCP being implemented with an outlay of US$ 48.35 million is financed by an IFAD loan of US$ 29.2 million supplemented by a contribution of US$ 14.97 million from Government of India/Government of Maharashtra and US$ 1.65 million from participating banks.


The Project which is implemented by a number of banking institutions, Government agencies and Non Governmental Organisation (NGOs) since 1994-95 was designed with the principal goal .
 
Against this backdrop the MRCP supported by IFAD was evolved as an innovative approach to poverty reduction with people’s participation. The strategy for implementation of this project has been devised in such a manner that the rural poor assume centre-stage and their participation ensured at all stages of the project viz. planning, implementation and monitoring.


The experience gained shows that once the people’s participation is invoked at the planning stage itself a strong sense of ownership of the project develops among the people which stimulates them to actively involve in the subsequent phases of the project.


The MRCP being implemented with an outlay of US$ 48.35 million is financed by an IFAD loan of US$ 29.2 million supplemented by a contribution of US$ 14.97 million from Government of India/Government of Maharashtra and US$ 1.65 million from participating banks.


The Project which is implemented by a number of banking institutions, Government agencies and Non Governmental Organisation (NGOs) since 1994-95 was designed with the principal goal .

Well, many many thanks for your help and providing the information on Maharashtra Rural Credit. BTW, i am also going to upload a document where you can find some useful information and can also included in your report..
 

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