Infrastructure Leasing & Financial Services Limited (IL&FS) commissioned Bureau of Research on Industry & Economic Fundamentals (BRIEF) to participate in a study on implementation of UPNRM – Umbrella Program in Natural Resource Management (UPNRM) – programme in selected districts of Chhattisgarh.
The objective of the program was to “enhance the effectiveness of selected public and private investment programmes in the field of natural resource conservation and management”. The programme intended to support the development of innovative credit based financial products and marketing of the same to different institutions such as community based organizations, NGOs and private sector organizations, to achieve economic viability of the development interventions. Further, the programme also intended on supporting partnerships between NABARD and other stakeholders such as NGOs and private sector bodies. Partnerships with the private sector were aimed at increasing resource flow in rural areas and improving effectiveness of public sector investments by the adoption of a market oriented and demand driven approach to project management.