The International Fund for Agricultural Development (IFAD), a UN-specialized agency, was established in 1977 to address the global food crisis. It focuses on improving rural livelihoods through investments in agriculture, food security, nutrition, and income generation, offering grants, low-interest loans, and support for research and sustainable practices.
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The Odisha government plans to take an international loan from the International Fund for Agricultural Development (IFAD).
The Odisha government plans to secure a Rs 734.86 crore loan from the International Fund for Agricultural Development (IFAD) to implement the Odisha Particularly Vulnerable Tribal Groups Empowerment and Livelihood Improvement Program (OPELIP-II).
The decision of the government has raised concerns among tribal experts, they question the need for an international loan, especially when the Union government implementing the PM-JANMAN Mission, which includes a significant financial investment in the comprehensive growth of PVTGs.
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Unter the PM-JANMAN Mission, the central government allocated Rs24,104 crore from 2023-24 to 2025-26 to develop PVTGs in 18 states and union territories, with Odisha expected to receive a significant share. |
It is an international financial institution and a UN-specialised agency.
It aims to improve rural people's livelihoods through investments in agriculture, food security, nutrition, and income generation.
It was founded in 1977 to address a global food crisis.
Its headquarters is in Rome, Italy.
Its main objective is to empower rural communities by increasing their food security and income. It offers grants and low-interest loans to support a variety of projects that benefit rural economies, agriculture, and food systems.
It provides grants to support research, innovation, and the development of pro-poor technologies. It contributes to institutional changes and initiatives that promote sustainable agricultural practices.
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Particularly Vulnerable Tribal Groups (PVTGs)
PRADHAN MANTRI JANJATIYA UNNAT GRAM ABHIYAN
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PRACTICE QUESTION Q.How can the government strike a balance between modern socioeconomic development programs and maintaining tribal culture and traditions to promote sustainable development? (250 words) |
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