The NABARD has assessed a credit potential of Rs 66,500 crore for Odisha under the priority sectors, based on which, the state has directly prepared the targets for credit deployment for the banks, said Finance minister S B Behera.
Behera, who attended a function marking 36th Foundation Day of National Bank for Agriculture and Rural Development, lauded the role of NABARD in the state. He urged the Nabard to take awareness programmes on financial management, water and soil conservation in a proactive manner.
NEW DELHI: Only 20.7% rural population is getting enough and safe pipe water supply to quench their thirst. But, a government, poised to chalk out a historic achievement of covering 80% population by 2022, is facing an uphill task.
The funds to provide drinking water to the rural population is shrinking and expenditure for reviving existing yet impoverished water sources is fast drying up. Ministry of Drinking Water of NDA government has candidly admitted that it may not achieve the target at this pace.
New Delhi, July 10 (IANS) The Self Help Group (SHG) Bank Linkage Programme run by NABARD has helped poor women source collateral-free loans totalling Rs 61,000 crore from the banking system, the government said on Monday on the eve of NABARD’s 36th foundation day celebrations here, to be attended also by Union Finance Minister Arun Jaitley.
THE COMMITTEE for revision of wages paid under the Mahatma Gandhi National Rural Employment Generation Act (MGNREGA) has found that minimum agricultural wages are higher than MGNREGA wages in 15 states. An upward revision in MGNREGA wages is estimated to require a Rs 4,500 crore increase in its budget.
Based on these findings, the panel, under Additional Secretary in the Ministry of Rural Development Nagesh Singh, is expected to make its recommendations in another month.
Hyderabad: Union minister M Venkaiah Naidu Friday said villages should be provided with technologies appropriate for their needs. He went on to add that the systems developed in big cities should not be dumped in rural areas.
NEW DELHI, JULY 6: Two out of every three jobs in India’s informal sector, not counting units engaged in agriculture and construction, are in businesses engaged in trade or providing services.
Likewise, about two-thirds of all units in the informal sector are engaged in trade or providing some service, says a recent report of the National Sample Survey Organisation.
New Delhi, Jul 5 The pace of construction of rural roads has jumped to an average of 117 kms from 97.29 kms per day last year, leading to laying of about 10,500 kms of roads in the first quarter of 2017-18.
Under the Pradhan Mantri Gram Sadak Yojana (PMGSY), the target is to construct 57,000 kms of roads in 2017-18, at an average rate of 156 kms per day to provide connectivity to 16,600 habitations.
The demand for food grains in India is increasing by the day and the country needs to produce about 300 million tonnes yearly by 2025 to feed its population. This was stated by Union minister for agriculture and farmers welfare Radha Mohan Singh at a function here.
More than Rs 3088 crore have been allocated to the state governments for farm mechanisation under various schemes during the last three year, Union Agriculture and Farmers Welfare Minister Radha Mohan Singh said here today.
During the current fiscal, he said the allocation for Sub-Mission on Agricultural Mechanization (SMAM) has been increased to Rs 577 crore.
The Centre is promoting the social audit of work carried out under MNREGA to bring more transparency in schemes and check corruption, officials said. As part of the social audit, gram sabhas review official records and determine whether state reported expenditures reflect the actual money spent on the ground, sources in the government said.