Union Minister for Rural Development Jairam Ramesh lauded the role played by NABARD in the field on rural development and generating awareness among rural masses about financial inclusion. The Minister paid a visit of the regional office of the bank on Tuesday.
Showing interest into various developmental activities being undertaken by NABARD with partner institutions such as NGOs the Minister enquired about the magnitude of credit which would be disbursed to approximately 22,000 savings linked Women SHGs during the year 2013-14 He also stressed on appropriate coordination between NABARD and State Rural livelihood Mission to ensure effective convergence of efforts and graduation of SHGs being promoted under different schemes. He also enquired about the efforts being made by NABARD towards Dairy Development in the State.
Ramesh also appreciated the efforts of NABARD in providing financial assistance to State for creation of Rural Infrastructure under RIDF. Chief General Manager of NABARD KC Panda apprised Ramesh about the process orientation aspects of SHGs in which they are nurtured through various stages of development and the emphasis being laid by the bank in ensuring successful graduation of micro enterprises. Principal secretary of Rural Development Department SK Satapathy was also present.
Panda on the occasion also gave a brief account of the important contributions made by NABARD for development of the State, various milestones achieved which included areas such as natural resource management, people's institutions, financial inclusion, enterprise and skill development and subsidy linked credit schemes being implemented by the bank. NABARD has been playing pivotal role in the field of rural innovations, infrastructure development, growth in rural credit, institutional development and consultancy services in Jharkhand.