IRDP has been one of the most popular poverty alleviation schemes of the Central Government. What does IRDP stands for?

Solution

IRDP, launched in 1980, is described officially as a major mechanism for the alleviation of rural poverty. The main objective of IRDP is to raise families of identified target group below poverty line by creation of sustainable opportunities for self-employment in the rural sector. Assistance is given in the form of subsidy by the government and term credit ad­vanced by financial institutions (commercial banks, cooperatives and regional rural banks.) The programme is implemented in all blocks of the country as centrally sponsored scheme funded on 50:50 basis by the centre and the states.