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NABARD invests Rs 100 cr for schemes in Mizoram

Written by: Staff

Aizawl, Apr 09: National Bank for Agricultural and Rural Development (NABARD) has invested more than Rs 100 crores for various developmental schemes across Mizoram.

Talking to UNI, assistant general manager, NABARD, Pillai Santhanam said NABARD has helped the state government with a total of Rs 88.77 crores in rural infrastructure development and Rs 22.31 crores under Refinance as rural housing loans.

The bank gave out a total of Rs 466.61 lakhs as refinance and personal loans. Under Kissan Credit Fund Scheme, it assisted 67 cattle rearers and four poultry farmers with Rs 108 lakhs. Besides these, the bank organised a number of training and seminars participated by a total of 43 NGOs, he added.

NABARD had already conducted a meeting with the chief executives of all the commercial bank in the state including State Bank of India (SBI), Vijaya Bank, UCO bank, Mizoram rural bank and Mizoram co-operative Apex Bank and discussed the various modalities to improve the formation of more Self Help Groups (SHGs) in the state.

The NABARD manager also stated that they would organise more SHG sensitation programmes across the region for women and various NGOs.

''Till now all the organised programme through out the state was well received by the bankers as well as NGOs, who took active part in these meetings.


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