NABARD
The state government of Tamil Nadu has been granted a loan worth Rs. 54 crore for the building of a 50,000 metric tonne silo at Sirkazhiin the district of Nagapattinam. The loan will be offered by the National Bank for Agriculture and Rural Development (NABARD). The financial assistance worth Rs. 54 crore will be covering [...] Continue Reading »
Telangana spends Rs 1000 Cr to expand warehousing capacity The newly formed Telangana Government has a lot of work cut out for them. There are several challenges facing the government looking forward to bring the state to a level that is enjoyed by other states. In lieu of this fact, the government has recently taken [...] Continue Reading »
A collaboration made between the Origo Commodities and the NABARD will be providing a ‘warehouse receipt financing’ to the farmers of Andhra Pradesh and Telangana, as per reports provided by the former, Origo collateral management firm. The tie up between the collateral management firm, Origo Commodities and the NABARD aimed at providing Telangana and Andhra [...] Continue Reading »
The rural development ministry is planning an Rs 12,000-crore boost for the government’s flagship rural roads scheme, the Pradhan Mantri Gram Sadak Yojana (PMGSY). The ministry is seeking funds from the National Bank for Agriculture & Rural Development (Nabard) to provide all-weather road connectivity to eligible habitations. This will be the second financial push to [...] Continue Reading »
With most of the banks concentrating on funding the mainstream infrastructure projects, the National Bank for Agriculture and Rural Development (NABARD) is exploring the feasibility of supporting development of micro-infrastructure in villages. To work on developing the micro-infrastructure projects in villages in areas such as bore-wells, sanitation, electrification (solar/ biogas/ windmill), warehouse to store farm [...] Continue Reading »
