NABARD focused the program on investments in rural development and the promotion of sustainable agriculture.
Himachal Pradesh Public Works Minister Vikramaditya Singh on Friday informed that the Project Internal Approval Committee of NABARD in its 141st meeting has approved Rs 109.3 crore for 10 rural road projects in six districts of Himachal Pradesh.
The project, sanctioned during February, was completed in August.
According to NABARD’s latest All India Rural Financial Inclusion Survey (NAFIS), the annual average nominal GDP growth during the same period was 9%.
Jammu and Kashmir Chief Secretary Atal Dulloo on Friday stressed on ensuring timely completion of road projects in the Union territory by closely monitoring their pace on ground.
The RBI said that the regulation would be effective from April 24, 2024. ARCs, as on October 11, 2022, have been provided a glide path to achieve the minimum required Net Owned Fund (NOF) of Rs 300 crore.
Notably, the total credit flow under the priority sector for the year 2024-25 is estimated at Rs 2,43,093 crore.
This was informed by Usha Ramesh, chief general manager of NABARD, West Bengal regional office, Kolkata during the State Credit Seminar organized by NABARD on Saturday.
Several schemes initiated by the National Bank for Agriculture and Rural Development (NABARD) under the Rural Infrastructure Development Fund (RIDF) have helped the rural people immensely and paved way to make them economically self-reliant.
The National Bank for Agriculture and Rural Development (NABARD) has sanctioned Rs 148.23 crore for the development of the tribal population spread over 11 districts in Bengal.
