TAMIL NADU EMPOWERMENT AND POVERTY REDUCTION "VAZHNDHU KATTUVOM" PROJECT ADDITIONAL FINANCING The objective of the Additional Financing for the Tamil Nadu Empowerment and Poverty Reduction Vazhndhu Kattuvom Project (VKP) for India is to empower the poor and improve their livelihoods. This additional financing is now requested to expand the project horizontally into an additional 46 new blocks (an administrative unit comprising a cluster of villages) spread across 10 new districts, and 4 additional blocks in existing districts; and to make up a shortfall of funds in the original project implementation area where: (a) the project entered into a greater number of villages than originally planned (10 percent increase); and (b) an increase in the number of identified target population (30 percent increase) strained the village allocation of resources. The additional financing is consistent with the development objective of the ongoing VKP. No major changes are proposed to the project development objective, design or implementation arrangements of the original project. Project ID P107668 Country India Region South Asia Status Active Approval Date (as of board presentation) November 18, 2010 Closing Date N/A Total Project Cost** US$ 191.00 million Commitment Amount US$ 154.00 million
Posted on: Sun, 29 Sep 2013 17:56:23 +0000
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