NABARD has launched development projects worth Rs.44 lakhs

On 16th July 2020 ( Thursday), in Andaman and Nicobar Islands, NABARD ( The National Bank for Agricultural and Rural Development)has launched development worth Rs.44 lakhs with the objective to strengthen the concept of Atmanirbhar Bharat through rural entrepreneurship as AIR correspondents reported.


The primary goal of this development project is the formation and development of self-help groups. The skill development of the members of self-help groups is significant to promote rural entrepreneurship at the micro-level. As part of the initiative, NABARD is going to operate 385 village-level programmes and furnish training to leaders of newly formed self-help groups with an amount of more than ten lakh rupees.


Mushroom cultivation and bamboo handicrafts making training will be provided to the women attached to self-help groups in little Andaman.

In Swaraj Dweep, a four-month-long training programme for your and travel agents will be delivered. A yearly micro-entrepreneur development programme will be regulated out for the 150 members of various self-help groups in Mayabunder in Middle Andaman.


The National Bank for Agriculture and Rural Development ( NABARD) and the Centre of Agriculture Research Industry(CARI), are together now for conducting agricultural programmes for the amount of 20 lakh rupees.

To establish Atmanirbhar Bharat, the bank is also furnishing a platform for sales of local products by financing rural “ Haats” in Gram Panchayats. To establish one such haat in Namunaghar Panchayat of South Andaman, a sum of 7.6 lakhs rupees is released.

The main objects of the development projects are:-

• Strengthen the concept of Atmanirbhar Bharat

• Formation and development of self-help groups

• Provide skill and knowledge to the members of various self-help groups.

• Improve agricultural developments.

NABARD has its headquarters in Mumbai, Maharashtra. GR Chintala is the chairman of NABARD.

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