Hi, NewsWrap for December 09, 2021

Rubber Production, Agri Sector, NABARD, APART

9 December 2021

  • NBARD Projects Rs 36,292 Crore Credit Potential For Financial Year 2022

    National Bank for Agriculture& Rural Development (NABARD) has projected the credit potential of Rs 36,292 crore for the state of Assam for the financial year 2022-2023. NABARD launched the State Focus Paper for the financial year 2022-2023, which is a consolidation of the exploitable district-wise realistic potential, both in physical & financial terms in the state of Assam.

  • APART Comes Up with Competitive Funding Mechanism for Agri Sector

    Assam Agribusiness & Rural Transformation Project (APART) has come up with a competitive funding mechanism for supporting innovative approaches to deliver financial services at a scale in the agribusiness sector in the state. To support the ecosystem/mechanisms in the agriculture domain of the state APART has established the first of its kind initiative, the Assam AgriFin “Xamahar”. This fund has been conceptualized by the Assam Agribusiness & Rural Transformation Project (APART), a World Bank-financed project of the Assam Government under ARIAS Society.

     

  • North Eastern Region to Emerge As Hub for Rubber Production

    The Minister for Commerce & Industry, Textiles, Consumer Affairs, and Food & Public Distribution, Piyush Goyal has said the North-East can emerge as a hub for rubber production. Goyal said the Central Government has planned rubber plantations on a total of 2 lakh hectares in the NE states over 5 years. Addressing the ‘Destination Tripura - Investment Summit’ through video conferencing today, he said Tripura is the second-largest producer of rubber in the country with 30,000 ha cultivation. The Minister called upon the State Government to be the first off the block and take advantage as the early harvester to expand rubber plantations in the state.

     

On the news

9 December 2021

That's it for for 9 December 2021