The National Bank for Agriculture and Rural Development (NABARD) has extended financial support of Rs 19,718 crore for agriculture and rural development in Haryana during the financial year of 2022-23. The financial support has been given to various stakeholders under different NABARD schemes.
According to a release, in order to bring micro irrigation facilities to farmers’ fields, Rs 24.76 crore was released under Micro Irrigation Fund (MIF) for judicious use of water resources.
Under developmental initiatives, NABARD released a grant of Rs 9.79 crore for supporting various development initiatives in the farm sector, off-farm sector, skill development, financial literacy and programmes on employment generation.
In order to address the issue of alkaline soils, NABARD has initiated the implementation of a project of reclamation of 1,000 hectare of alkaline soil in Kaithal and Karnal districts.
Besides this, NABARD has been implementing several innovative farm sector projects, including a “pilot project on judicious use of pesticides for Basmati crop” for production of export-compliant Basmati rice; “upliftment of reproductive and health status of indigenous female calf”, to enhance the reproductive efficiency; and “establishing goat breeding-cum-marketing centre in Rewari district”.