The assistance provided by National Bank for Agriculture and Rural Development (NABARD) under its Rural Infrastructure Development Fund (RIDF) has been successfully used for the first time to provide infrastructure in the social sector.
The NABARD had disbursed a whopping Rs.6000 crores out of an earmarked sum of Rs.8000 crores to facilitate provision of rural infrastructure in Tamil Nadu.
Government of India has also allotted Rs.100 crores within the RIDF for the formation of information and communication technologies (ICTs) self-help groups (SHG).
The NABARD embarked on the process of assisting Indian craftsmen market their products oversees. It also proposed to promote a cluster involved in the manufacture of sungudi sarees in Madurai. Besides, the members of the cluster would be provided training in skill upgradation.
The NABARD had formed 700 farmers' clubs across Tamil Nadu who are provided training on how to grow crops that required less water, changes in cropping pattern, organic farming, rainwater harvesting, agro processing and value addition.
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