NABARD enhances commitment towards rural economy

18/05/2022

JAMMU, May 17: Aligning with its vision and mission "Development Bank of the Nation", NABARD enhances support to the various sectors of rural economy during 2021-22, for sustainable rural development of Jammu & Kashmir and Ladakh UTs. NABARD made a stellar performance in sanctioning projects for rural infrastructure development under RIDF. The sanctions during the financial year 2021-22 were Rs.1542 crore representing an increase of 92.75% over the last year. This will spur the rural economy in the UT and will catalyse other sectors to see expansion.

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