First stripped of almost all its funding, now poised for a near Rs 1,000-crore rescue.

Months after the Finance Ministry cut its allocation to a token Rs 1 lakh – down sharply from Rs 73.68 crore in the previous year’s revised estimates – the Rural Development Ministry is now pushing for fund infusion into the Hyderabad -based National Institute of Rural Development & Panchayati Raj (NIRD&PR), the government’s apex rural training institute.

The Ministry circulated a note on October 13 seeking the Union Cabinet’s approval for an infusion of Rs 992.26 crore – Rs 575 crore as an Endowment Fund and Rs 417.26 crore to meet pension liabilities.

The proposal, The Indian Express has learnt, seeks to “ensure the seamless functioning of NIRD&PR and facilitate its transformation into a Centre

See Full Page