Haryana gets financial support from NABARD under different schemes

| | Chandigarh
  • 0

Haryana gets financial support from NABARD under different schemes

Saturday, 14 May 2022 | PNS | Chandigarh

National Bank for Agriculture and Rural Development (NABARD) has extended financial support of Rs 19,718 crore for agriculture and rural development in Haryana during the financial year of 2022-23 to various stakeholders under Board’s different schemes.


NABARD, to bring micro-irrigation facilities to farmers’ fields, has released Rs 24.76 crore under Micro Irrigation Fund (MIF) for judicious use of water resources.


Under developmental initiatives, NABARD released a grant of Rs 9.79 crore for supporting various development initiatives in the farm sector, off-farm sector, skill development, financial literacy, and programmes on employment generation.


To address the issue of alkaline soils, NABARD has initiated the implementation of a project of reclamation of 1,000 hectare of alkaline soil in Kaithal and Karnal districts.


Besides, NABARD has been implementing several innovative farm sector projects, including a “pilot project on judicious use of pesticides for Basmati crop” for production of export-compliant Basmati rice; “upliftment of reproductive and health status of the indigenous female calf”, to enhance the reproductive efficiency; and “establishing goat breeding-cum-marketing centre in Rewari district”, it stated.