x

Like our Facebook Page

   
Early Times Newspaper Jammu, Leading Newspaper Jammu
 
Breaking News :   Stop behaving like ‘feudal lord’: Imran Ansari tells Omar Abdullah | Satellite-based toll collection system to replace toll plazas: Nitin Gadkari | MHA extends validity of FCRA registered NGOs | India’s borders totally secure: Rajnath Singh | ‘Govt open to change in Agniveer scheme’ | CS reviews development of skilling portal by BISAG | Leopard snatches 5-year-old girl | Rains lash Kashmir, more in offing | Notification issued for Jammu Lok Sabha seat | 11 injured in Poonch accident | Properties of drug peddler attached | JKBOSE reschedules 11th class exams | Yoga competition held | BLOs imparted Training about electoral process at different assembly segments of Kupwara | SVEEP programme Galvanizes Participation in electoral process at High School Nagulta | Missing girl traced out within 2 days, reunited with family | Police Reunites missing girl with Family | PCCF chairs 8th UT Level Monitoring Committee meeting | Police thwarts bovine smuggling bid, Apprehends Culprits | DEO flags-off SVEEP Van for Voter awareness in Kulgam | Chorus Grows Louder | Hilly, rural areas confronting development deficit under J&K Govt: Sadhotra | Ex-Army Chief VK Singh Sabotaged Revocation Of AFSPA In J-K, Alleges Omar Abdullah | CUK declares Mar-29, 30 as working days for all non-teaching staff | RGCN organizes workshop on Nursing edcuation | Secretary Sports Council Inaugurates Softball/Baseball5 Championship 2023-24 | GDC Vijaypur Starts Lecture Series | GDC Ramnagar conducts programme on Nasha Mukti Se Yuva Shakti | SPMR College Organizes SVEEP Programme Promoting Voter Awareness | Khour Holds Successful Anti-Drug Awareness Programme | Students Rally Against Drug Abuse in Dewan Devi Public School Event | Psychological Support for Young Adults: Lecture at GDC Bishnah | GDC Udhampur organizes awareness programme | Jammu Police started proceedings under section 82 CrPc against a Psa Absconder | Amit chairs meeting in Ladakh | Two persons injured in scuffle in Bemina Srinagar | Back Issues  
 
news details
National Bank provides Rs 462 crore for execution of 139 projects in J&K last fiscal
39th Foundation-Day of NABARD
7/13/2020 11:59:09 PM
Early Times Report

JAMMU, July 13: National Bank for Agriculture & Rural Development (NABARD) provided Rs 462 crore in 2019-20 for execution of 139 projects in Jammu & Kashmir.
In the midst of ongoing pandemic, NABARD has stepped into its 39th year of formation on July 12, 2020, even as it has made path breaking contribution in the development of the UT of J&K and Ladakh in last few years. The National bank has also witnessed a change of guard in J&K with R K Srivastava having taken over as Chief General Manager.
NABARD sanctioned Rs.462 crore for execution of 139 projects during 2019-20. As on 31 March 2020, cumulatively 3785 projects are sanctioned with RIDF loan of Rs 6821.27 crore. These projects will cover 15537 km of road length, 12814 meter of bridge length, construction of 1400 school rooms, 80 veterinary hospitals etc. Around population of 15 lakh benefitted from Water Supply Scheme(WSS) projects.
NABARD also supported the banks operating in UT with refinance assistance of Rs.152 crore during 2019-20 for meeting the crop loan requirements and agri-term loan activity like dairy, poultry, sheep husbandry. J&K Gramin Bank was our major partner.
NABARD has promoted 17 Farmer Producer Organizations (FPO)s since the inception of FPO concept in the UTs of J&K and Ladakh benefitting 2300 farmers. The FPO platform provides for aggregation of produce by small farmers and achieving economies of scale.
NABARD has also promoted the first Off Farm Farmer Producer Organization (OFPO) named as Shehar Carpet Producers Company with a membership of 300 weavers in Baramulla and Bandipura districts of Kashmir. The OFPO has since started production and marketing of carpets.
With a view to address the problem of water shortage, two Spring-shed based watershed projects were sanctioned, one each in the UTs of J&K and Ladakh. The project in Leh involves creation of 3 artificial glaciers which will help in irrigation in critical sowing season April-May and will benefit 1643 villagers. Spring shed development project in Khiram village of Anantnag will help in rejuvenation of the springs in the village and benefit a population of 18300.
The first ever watershed project of J&K UT covering 1003 ha in 7 villages in Kathar Rajool Panchayat of Samba district was implemented successfully. The project outcomes are increased water availability, crop productivity and significant increase in milk production. One more watershed project is under implementation in Channi Mansar area of Udhampur district.
NABARD also provided support to Commercial Banks, Cooperatives and RRBs and India Post payment bank for furthering financial inclusion through different schemes viz. Mobile VAN, PoS, Financial Literacy Programmes etc. during the year 2019-20.
In order to commemorate the foundation day, NABARD has sanctioned 6 projects viz. 3 demonstration vans and 434 Financial Literacy programme to J&K Grameen Bank, formulation of 100 JLGs to VOESEP, Ananatnag, Skill Development Programme on Aari and Embroidery to VOESEP, Eshakti digitization of SHGs in Udhampur and Samba districts.
  Share This News with Your Friends on Social Network  
  Comment on this Story  
 
 
 
Early Times Android App
STOCK UPDATE
  
BSE Sensex
NSE Nifty
 
CRICKET UPDATE
 
 
 
 
 
 
 
 
   
Home About Us Top Stories Local News National News Sports News Opinion Editorial ET Cetra Advertise with Us ET E-paper
 
 
J&K RELATED WEBSITES
J&K Govt. Official website
Jammu Kashmir Tourism
JKTDC
Mata Vaishnodevi Shrine Board
Shri Amarnath Ji Shrine Board
Shri Shiv Khori Shrine Board
UTILITY
Train Enquiry
IRCTC
Matavaishnodevi
BSNL
Jammu Kashmir Bank
State Bank of India
PUBLIC INTEREST
Passport Department
Income Tax Department
JK CAMPA
JK GAD
IT Education
Web Site Design Services
EDUCATION
Jammu University
Jammu University Results
JKBOSE
Kashmir University
IGNOU Jammu Center
SMVDU