Agriculture Current Affair 10 December 2021

Over 2 lakh farmers in Nagaland get Rs 299 cr under PM-Kisan since 2019: Narendra Singh Tomar

The Centre has transferred Rs 299.26 crore to more than 2 lakh beneficiary farmers in Nagaland since the launch of the Pradhan Mantri Kisan Samman Nidhi (PM-KISAN) scheme in February 2019, Parliament was informed on Tuesday.

Under the PM-KISAN scheme, a financial benefit of Rs 6,000 per year is provided to eligible farmer families, payable in three equal installments of Rs 2,000.

Agriculture Minister Narendra Singh Tomar, in his written reply to the Lok Sabha, said: “A total of 2,06,523 beneficiaries have been given the financial benefits of more than Rs 299.26 crore through various installments under PM-KISAN Scheme in the State of Nagaland.”

Assam: NABARD projects Rs 36,292 crore credit potential for FY22

National Bank for Agriculture and Rural Development (NABARD) has projected a credit potential of Rs 36,292 crore for the state of Assam for the financial year 2022-23.

NABARD launched the State Focus Paper today for the financial year 2022-23 which is the consolidation of exploitable district wise realistic potential, both in physical and financial terms in the state of Assam.

Focusing on the priority sector and with the objective of ensuring integrated and sustainable rural prosperity in the state, NABARD has projected a credit potential of Rs 36,292 crore for the state of Assam for the financial year 2022-23 in the State Credit Seminar held on 8th December 2021. The credit potential is 12% higher than the previous year.

APART comes up with competitive funding mechanism for agri sector in Assam

Assam Agribusiness and Rural Transformation Project (APART) has come up with a competitive funding mechanism for supporting innovative approaches to deliver financial services at a scale in the agribusiness sector in the state.

To support ecosystem/mechanisms in the agricultural domain of the state APART has established the first of its kind initiative, the Assam AgriFin “Xamahar”. This fund has been conceptualised by the Assam Agribusiness and Rural Transformation Project (APART), a World Bank-financed project of the Assam Government under the ARIAS Society.

Through this initiative, the project intends to partner with select 8 to 12 sub-projects from the financial services sector directly benefitting 125,000 beneficiaries of which 30% will be women.

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