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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.

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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.

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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.

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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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