APEDA, NABARD to synergize the activities in the interest of agriculture

APEDA has been focusing on a collaborative approach to bring synergy with a number of organizations and institutions having inherent professional and specialized expertise in different areas for capacity building of various stakeholders and providing solutions for addressing some of the identified interventions fo...Read more

NABARD release interest sub-vented loan from Micro-Irrigation Fund

Micro Irrigation Fund with a corpus of Rs. 5000 crore created with NABARD was operationalised in 2019-20. The objective of the Fund is to facilitate the States in availing an interest sub vented loan for expanding coverage of Micro Irrigation by taking up special and innovative projects and also for incentivising ...Read more

NABARD supports Kerala state to set up milk powder factory

 Kerala state is all set to get a state-of-the-art milk powder factory, at a time when the state dairy sector has faced grave crisis due to a dip in milk consumption after the outbreak of COVID-19 pandemic. State Forest and Dairy Development Minister, K Raju said that it had been decided in principle to form ...Read more

Nabventures, Omnivore invests in agrotech startup Krishitantra

Hyderabad-based Krishitantra, a soil-tech platform has recently announced that it has raised $1 million in its seed round of funding from agritech-focused venture capital investor Omnivore and Nabventures. Nabventures is anchored by Nabard (National Bank for Agriculture and Rural Development). Krishitantra was co...Read more

NABARD sanctions Rs 1,568 cr under Agri Infra Fund

The National Bank for Agriculture and Rural Development (NABARD) has given in-principle sanction for Rs 1,568 crore worth of proposals received from agri-credit societies in 22 states under the recently launched Rs 1 lakh crore Agri Infrastructure Fund, the Parliament was informed on Tuesday.  Agriculture Mi...Read more

NABARD Assam recognises 46 primary co-op societies for financial support  

    National bank for agriculture & rural development or NABARD Assam in Association with State Government has recognized 46 Primary Agricultural Co-operative Societies (PACS) for a monetary aid under Agri- Infra Fund.  This endowment was formally started by Prime Minister of India on A...Read more

NABARD funds SHGs for digitisation in Karnataka

The National Bank for Agriculture and Rural Development (Nabard) in Karnataka has disbursed ₹2.51 crore of grant assistance to Self Help Groups (SHGs) for promotion, skill development and digitisation of records. The project E-Shakti for digitisation of SHGs is under implementation in seven districts. So far, 1...Read more

Union Agri Min to create 10,000 FPOs to transform rural sector

To strengthen the rural economy consisting of 86 percent small and marginal farmers, Union Agriculture & Farmers’ Welfare Minister, Narendra Singh Tomar has announced the creation of 1000 new Farmers’ Producer Organizations (FPOs). At the onset it is planned to have the minimum number of members in...Read more

NABARD to provide Rs 20,500 crore for agricultural operations for pre-monsoon & kharif  

      NABARD has decided to provide financial assistance to Cooperative Banks and Regional Rural Banks (RRBs) in order to increase the efficacy of their pre-monsoon Kharif operations. The financial aid is worth Rs 20,500 crores. While Rs 15,200 crores out of the total amount will be provided to t...Read more

NABARD infuses Rs 1.46 lakh crore for rural banking system in FY2020  

 The National Bank for Agriculture and Rural Development (NABARD)  has recenly announced that it had infused `1.46 lakh crore in the rural banking system so far in FY20, which helps augment credit flow into agriculture and other economic activities in the rural areas.  The development bank said tha...Read more

NABARD sanctions Rs 35 lakhs to IIT Mandi and EWOK Society for setting up FPO’s

Indian Institute of Technology Mandi along with the Enabling Women of Kamand (EWOK) Society of IIT Mandi, have signed a Memorandum of Agreement (MoA) with the National Bank for Agriculture and Rural Development (NABARD) in recent for collaboration on setting up Farmer Producer Organizations (FPOs) in Mandi distric...Read more

First Tripartite MoA signed to address the Infrastructure needs for fisheries

 Speaking on the occasion Giriraj Singh, Union Minister for Fisheries, Animal Husbandry and Dairying said that a dedicated fund has been created namely the Fisheries and Aquaculture Infrastructure Development Fund with a total of Rs. 7522.48 crore to address the infrastructure requirement for fisheries sector...Read more