India Signs USD200 million Loan Deal with World Bank for National Nutrition Mission

India has signed a loan deal worth $ 200 million with the World Bank for the National Nutrition Mission (POSHAN Abhiyaan). The loan would help India in achieving its goal of reducing stunting in children 0-6 years of age from 38.4% to 25% by the year 2022.

A large component of POSHAN Abhiyaan involves gradual scaling-up of the interventions supported by the ongoing World Bank assisted Integrated Child Development Services (ICDS) Systems Strengthening and Nutrition Improvement Project (ISSNIP) to all districts in the country over a 3-year period.
Source- Press Information Bureau (PIB)

Static/Current Takeaways Important for NABARD Grade-A Exam 2018-
  • The POSHAN (PM’s Overarching Scheme for Holistic Nourishment) Abhiyaan was launched by the Prime Minister in March 2018 at Jhunjhunu, Rajasthan. 
  • President of the World Bank- Jim Yong Kim.
  • Headquarters of World Bank: Washington, DC.