Early Times Report
Jammu, July 14: National Bank for Agriculture and Rural Development (NABARD), J&K Regional Office, Jammu, celebrated 33rd foundation day. Ghulam Hassan Mir, Agriculture Minister, was the chief guest while K.K.Saraf, Regional Director, RBI, Jammu was guest of honour on the occasion Shankar A. Pande, Chief General Manager, NABARD, J&K, Regional Office in his welcome address highlighted the various activities undertaken by NABARD in the state. He stated that in addition to providing refinance to banks and supervision of RRBs and Co-operative Banks, NABARD was undertaking other functions such as credit planning, financing and monitoring of rural infrastructure under RIDF, watershed development, microfinance, financial inclusion, implementation of government sponsored schemes, etc. Shri Pande has indicated that during 2013-14, NABARD has extended refinance support to RRBs, J&K Bank and other commercial banks in the state to the tune of Rs. 587.84 Crore. NABARD has also extended grand support for setting up of 6 poly houses to farmers clubs as a demonstrative project in district Udhampur and Reasi, watershed project in Samba district and launched one Village Development Project in district Jammu. Ranbir Singh, General Manager, NABARD, J&K, Regional Office offered vote of thanks to the participants. |