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Uttarakhand

Chief Minister Released the Focus Report of NABARD

  • 04 Jan 2023
  • 1 min read

Why In News?

  • On January 3, 2023, Uttarakhand Chief Minister Pushkar Singh Dhami released the Focus Report of the National Bank for Agriculture and Rural Development (NABARD), under which NABARD will provide a loan of Rs 30301 crore for development in various sectors including agriculture, infrastructure, MSME in the state.

Key Points

  • Chief Minister Pushkar Singh Dhami released the report while inaugurating NABARD’s State Credit Seminar 2023-24 .
  • In the new financial year, NABARD will provide a loan of Rs 30301 crore to the state, which is 6.22 percent more than the previous year. Last year, NABARD had approved 4515 projects worth Rs 10,000 crore to the state.
  • Chief Minister Pushkar Singh Dhami also directed the banks to do better work in these schemes and monitor everyone. It will prove to be effective in increasing the livelihood of farmers, people engaged in horticulture and small industries.
  • He said that special attention should be paid to increasing the loan allocation in the three debt-starved districts of Rudraprayag, Bageshwar and Tehri.
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