NABARD plans more financial support for water security projects in Rajasthan
Headline by Prism · from 1 report
NABARD plans to increase financial support for water security and rural development initiatives in Rajasthan.
The Hindu BusinessLineThe brief
Written by software from the 1 report below.
- NABARD plans to expand financial support for water security projects and rural development in Rajasthan.
- The organization will collaborate with the state government to strengthen cooperatives and implement digital rural credit systems.
- Plans include utilizing digital land records and agricultural data to simplify lending for small-scale farmers.
- A Rural Development Conclave is scheduled for October to finalize a strategy for climate-resilient development.
What to watch next
- Rural Development Conclave scheduled for October
- Expansion of digital rural credit through RBIH Unified Lending Interface and KRISHIKA app
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Who said what
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Shaji Krishnan
Chairman
1 quote · 1 outlet
“NABARD will support this transformation through concessional and development-oriented financing, capacity building and business development”
In the article
…development and river-linking projects. The meeting also discussed transforming Primary Agricultural Credit Societies (PACS) and other cooperatives from primarily credit-oriented institutions into rural enterprises. " NABARD will support this transformation through concessional and development-oriented financing, capacity building and business development ," the statement said. PACS could diversify into input supply, procurement, warehousing, custom hiring, processing, value addition and rural retail, it said. The two sides also discussed using digitised land records,…
Coverage
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NamedIndia · Government of Rajasthan · Primary Agricultural Credit Societies · Rajasthan · NABARD · Shaji Krishnan · V. Srinivas
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