National Bank For Agriculture And Rural Development (NABARD)

State of the Climate in Asia 2024

The World Meteorological Organization’s State of the Climate in Asia 2024 report warns that the region is warming nearly twice as fast as the global average, driving more extreme weather and posing serious threats to lives, ecosystems, and economies. In 2024, Asia experienced its warmest or second warmest year on …

Cabinet clears plan to build highways in Naxal-hit areas

In a bid to improve road connectivity in remote villages located in Naxal-affected areas and bordering districts, the Cabinet on Thursday approved a special provision of R38,500 crore under Pradan Mantri Gram Sadak Yojana (PMGSY) to be allocated during the 12th plan period (20012-17). Besides, the Union Cabinet also approved …

Nabard draws up 65k cr credit plan

Identifies 266 Projects In 12th Year Plan Jaipur: Assessing the critical infrastructure gaps in the state, the National Bank for Agriculture and Rural Development (Nabard) has identified 266 projects under the 12th Five Year Plan, entailing a financial outlay of Rs 5,028 crore. However, for the financial year 2013-2014, the …

Solar fence to keep wild animals at bay in Wayanad

As part of a project to tackle man-animal conflict in the North Wayanad forest division, villages bordering the forests in the Thirunelly grama panchayat limits have been ringed with a 34-km solar fence to stave off raids by wild animals. The Kerala Forest Development Corporation has installed the fence for …

NABARD calls for intensive conservation of water

Plans on to construct check dams, recharge and village ponds at a cost of Rs.1.65 crore National Bank for Agriculture and Rural Development (NABARD) has called for intensive water and soil conservation/harvesting efforts in some blocks and other promotional efforts in Tiruchi district. In its Potential Linked Credit Plan, the …

New NABARD project for Bharatpur villages

The National Bank for Agriculture and Rural Development (NABARD) has sanctioned a new project for development of villages through value addition in animal husbandry and innovations in agricultural practices in Bharatpur district. The emphasis will be on getting high returns on low investment. Launching the project at Sheorana village in …

Rs 4,100 crore Plan proposed: CM

The government has proposed an annual Plan of Rs 4,100 crore for 2013-14, which is an increase of 11 per cent from the current fiscal year Plan. Chief Minister Virbhadra Singh stated this while addressing a meeting convened to ascertain the priorities of legislators for the finalisation of the Plan …

NABARD sanctions Rs 141 cr to State

PANJIM: National Bank for Agriculture and Rural Development (NABARD) has sanctioned a loan of Rs 141.10 crore to Goa under the Rural Infrastructure Development Fund (RIDF) which government proposes to construct three crucial bridges ~ Calvim-Aldona bridge across the Mapusa River, Tormas-Ozrim bridge across Chapora River and a parallel Arpora-Baga …

Mysore, Hubi-Dharwad selected for Solar City project

People who instal solar equipment to get 30 per cent subsidy Mysore and the twin cities of Hubli-Dharwad are among the 60 cities from across the country that have been included under the Union Government’s Solar City project, which aims to augment power generation from unconventional sources. Ministry of New …

Switching on off-grid solar

Of the nations participating in the Doha Climate Change Conference, India holds an unenviable distinction—it faces what is probably the greatest challenge to electricity access in the world. About 75 million of its 226 million households are bereft of power, the largest such demographic globally. This is a debilitating situation …

De-silting likely to affect wetland conservation

The plan of the district administration to de-silt Canoly canal and the Kallayi river as part of a beautification drive is likely to have an adverse impact on large acres of wetland in and around Kottuli, according to a latest study conducted by a researcher from the Department of Architecture, …

NABARD to fund Rs 464-cr dairy, irrigation projects

The National Bank for Agriculture and Rural Development (NABARD) is all set to pump in Rs 464 crore to uplift the sagging rural economy of the state. The bank has agreed to sanction various projects for the dairy and irrigation sectors. Top on the agenda of the bank are projects …

Watershed project to farmers aid

Farmers in Kannamangala village of Chikkaballapur district, 63 km from Bangalore, used to mainly grow ragi, tamarind and other traditional crops in the laterite soil that yielded very little. But of late, the income of farmers from this arid area has soared. For, the farmers are experimenting with various new …

7 Eastern States bring about Green Revolution in paddy

Seven Eastern States appear to have brought about a Green Revolution in paddy cultivation. Union Agriculture Minister Sharad Pawar on Monday said the chronically food-deficit Eastern region has made a quantum jump in paddy output. “In two years (2009-10 to 2011-12) the seven Eastern States added around 85 lakh tonnes …

Nabard wastes Rs22 crore, govt ignorant

The National Bank for Agriculture and Rural Development’s (Nabard) management led by Dr Prakash Bakshi wasted several crores of public money on wrongful policies and personal benefits. DNA in May 2012 had reported that rules were violated to appoint Dr Bakshi as Nabard chairperson. The restructuring of Nabard was initiated …

NABARD and RBI

The effort to edge out the Reserve Bank of India from the National Bank for Agriculture and Rural Development's shareholding does not bode well for the future of agricultural and rural credit in the country. This is particularly so, if the past experience with the Industrial Development Bank of India …

Emu business took flight on interest-free govt loans

Nabard website says birds bankable, economic value of a pair Rs 16 lakh The Union government was giving interest-free loans to ‘entrepreneurs’ setting up emu farms, which have now turned into a multi-crore scam in Tamil Nadu. These loans were granted under the central government’s Poultry Venture Capital Fund and …

NABARD sanctions Rs.4 crore for developing rural infrastructure

Rs.1.71 crore for strengthening and laying black-topped roads The National Bank for Agricultural and Rural Development (NABARD)has sanctioned over Rs.4 crorefor developing rural infrastructure in the district RIDF According to a NABARD release, under the Rural Infrastructure Development Fund (RIDF) tranche XVIII it has sanctioned Rs.1.71 crore for strengthening and …

State to start livestock census

KOLKATA, 14 SEPT: The state animal resources development (ARD) department will start a livestock census tomorrow. Mr Uday Shankar Nandi, the Milk Commissioner and Special Secretary of the ARD department, said this will be the nineteenth livestock census in West Bengal and his department will collect data on livestock including …

Relief for drought-hit States

It is ‘misleading’ IMD categorised some districts as normal: Pawar The Union government on Wednesday announced relief measures for the drought-hit areas, including an increase in the number of assured workdays under the Mahatma Gandhi Rural Employment Guarantee Act (MGNREGA) to 150 from 100 days and reduction in the interest …

Rs 11,000 cr cleared for crop loan waiver

The government will release Rs 10,901 crore to state-run banks to enable interest subvention for short-term crop loans up to Rs 3 lakh to farmers for the current financial year. On Thursday’s cabinet meeting, chaired by the Prime Minister, decided this. Public sector banks (PSBs) provide such a subvention to …

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