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New NABARD Schemes Launched by Manipur CM Biren Singh; NABARD Sanctioned Development Projects in Kerala

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On July 13, 2021, N. Biren Singh, the Chief Minister of Manipur, virtually launched various welfare schemes that are implemented under the ‘National Bank for Agriculture and Rural Development’ (NABARD) in the state.

Key Points:

i.The scheme includes the ‘Comprehensive Scheme for development of Manipur State Cooperative Bank (MSCB) Ltd. and Primary Agriculture Co-operative Societies (PACS)’ in Manipur.

ii.The Comprehensive Scheme for development of MSCB Ltd. and PACS would provide infrastructure support to 10 PACS, 2 Tribal Development Fund (TDF) projects in Churachandpur and Pherzwal districts, and 46 Primary Agriculture Cooperative Societies in the State.

iii.Under MSCB Ltd, financial support of Rs 10 lakh has been sanctioned to 10 PACS to strengthen the basic infrastructure.

iv.TDFs was intended to achieve stable horticulture-based farming for promoting sustainable agriculture and better livelihoods for the communities.

-NABARD Sanctioned Development Projects in Kerala 

On July 13, 2021, on the eve of the 40th Foundation Day of NABARD, the Kerala Regional Office has launched different promotional and developmental projects to various agencies across the state.

i.1st Project: A project with the financial assistance of Rs 18.50 lakh for evaluation of vaccine against bacterial disease ‘Riemerellosis’ in ducks to Kerala Veterinary and Animal Sciences University (KVASU), Thrissur, Kerala was sanctioned by NABARD.

  • About Riemerellosis: It is a bacterial disease that causes high mortality in ducks. In September 2020, for the 1st time, the Department of Veterinary Microbiology, KVASU developed a vaccine for Riemerellosis in India.

ii.2nd Project: Providing Long-distance Wireless Connectivity to Tribal Settlements in Nilambur, Malappuram District, Kerala with grant assistance of Rs 5 lakh.

iii.3rd Project: Up-skilling of Fishermen Youth in Out Board Motor (OBM) Engine Repair work.

  • This project was sanctioned by the South Indian Federation of Fisherman Societies (SIFFS) with grant assistance of Rs 4.50 lakh, to train 90 fishermen in Out Board Motor (OBM) Engine Repair.

iv.NABARD has also sanctioned 4 training programmes with grant assistance of Rs 15 lakhs to Additional Skill Acquisition Programme (ASAP), Govt of Kerala for Graphic designer programme and AWS (Amazon Web Services) cloud programme for 290 trainees.

Recent Related News:

Mahratta Chamber of Commerce Industries & Agriculture (MCCIA) in partnership with NABARD has launched India’s 1st Agriculture Export Facilitation Center (AEFC) in Pune, Maharashtra (at MCCIA office, Senapati Bapat Road).

About National Bank for Agriculture and Rural Development (NABARD):

NABARD was established on the recommendations of the B.Sivaraman Committee (by Act 61, 1981 of Parliament) to implement the NABARD Act 1981.

Establishment – 12 July 1982
Headquarters – Mumbai, Maharashtra
Chairman – Govinda Rajulu Chintala