NABARD

  • State government to construct 131 godowns for foodgrain storage January 9, 2014

    The state government today approved a proposal for construction of 131 godowns to increase foodgrain storage capacity by 5.50 lakh metric tonne in Bihar, a senior official said. The decision was taken at a cabinet meeting presided over by Chief Minister Nitish Kumar, Principal Secretary (Cabinet Coordination) Brajesh Mehrotra told reporters. The...
  • Money laundering: NABARD gives clean chit to cooperative banks May 19, 2013

    Mumbai: Amid allegations of cooperative banks being used as conduits for money laundering, NABARD, which jointly regulates such lenders, has said that it has found no shortcoming pointing towards any such activity. "Every year we do an inspection and we have not found anything like that," National Bank for Agriculture...
  • NABARD gives Rs 236.18 crore loan to Karnataka November 19, 2012

    Bangalore: The National Bank for Agriculture and Rural Development (NABARD) has sanctioned Rs 236.18 crore as loan assistance to the government of Karnataka for building 82 minor irrigation structures, 189 rural roads and 42 rural bridges in different districts. These projects have been sanctioned under the Rural Infrastructure Development Fund...
  • Pawar, Patel threaten to quit; will UPA blink? July 20, 2012

    New Delhi: In more 'ally headache' for the UPA, Nationalist Congress Party (NCP) chief and Union Agriculture Minister Sharad Pawar and Heavy Industries Minister Praful Patel are reportedly considering resigning for not being given due credit for their work and seniority. The two have also said they will not be...
  • Budget 2012: Agricultural credit target raised March 16, 2012

    New Delhi: Finance Minister Pranab Mukherjee today announced Rs 1,00,000 crore increase in the agriculture credit target to Rs 5,75,000 for the next fiscal and raised the outlay for farm sector by about Rs 3,000 crore. "Agriculture continues to be a priority to the government. The total plan outlay for agriculture...
  • Maha politicians bleed state cooperative bank May 18, 2011

    New Delhi: Last week, the RBI dissolved the board of the Maharashtra State Cooperative Bank for its inability to recover bad loans. The NABARD audit report shows many sugar cooperatives and spinning mills that have defaulted on loans are controlled by leaders from the Congress and the NCP, the ruling...
  • UP farmers tell their ecosuccess story February 22, 2007

    Azamgarh (Uttar Pradesh): The budget caravan enters Uttar Pradesh on Thursday. And over the next five days it will travel across Uttar Pradesh, Haryana and Punjab focusing on the state of agriculture. In eastern Uttar Pradesh it is a story of guns and bad roads. You can expect not only a...