NABARD's Transformative Role in Arunachal Pradesh's Rural Development
NABARD sanctioned Rs 4,613 crore for 485 infrastructure projects in Arunachal Pradesh, significantly improving rural connectivity and livelihoods. The institution is committed to sustainable rural development through initiatives like rural credit planning, micro-enterprises, and climate-resilient farming. This aligns with national priorities for cooperative-led rural economies.
- Country:
- India
The National Bank for Agriculture and Rural Development (NABARD) has made a substantial impact by approving Rs 4,613 crore for 485 infrastructure projects in Arunachal Pradesh. Announced during the bank's 44th foundation day, the funds aim to enhance rural connectivity, irrigation, and livelihood opportunities.
During the event, NABARD General Manager Damodar Mishra emphasized the institution's dedication to inclusive and sustainable development. NABARD's efforts extend to rural credit planning, digitizing primary agricultural credit societies, and promoting micro-enterprises and climate-resilient farming practices.
The event also highlighted NABARD's alignment with national priorities, focusing on building self-reliant, cooperative-led rural economies. Attended by significant figures like Rajiv Gandhi University Vice Chancellor Prof. S.K. Nayak and Chief Minister Pema Khandu, the occasion celebrated NABARD's pivotal role in Arunachal Pradesh's rural progress.
ALSO READ
-
Nigeria Launches $5 Billion AgriConnect Plan to Back Farmers and Create 2.5m Jobs
-
Ten African Nations Raise IFAD Pledges to Put Farmers at the Heart of Rural Growth
-
Lebanon and ILO Move to Modernize Cooperatives and Strengthen Rural Livelihoods
-
The Journey Home That Could Rescue the World’s Abandoned Farmland
-
IDB Backs $23.75 Million Rural Power Push to Bring Electricity to Belize
Google News