National Bank for Agriculture and Rural Development (NABARD) celebrated its 42nd Foundation Day on Monday.
E.V. Ramana Reddy, ACS & DC, Government of Karnataka in his keynote address acknowledged the critical role of NABARD in supporting and financing various infrastructure projects in Karnataka’s rural areas, through its Rural Infrastructure Development Fund (RIDF), for the creation of additional irrigation potential of around four lakh hectare and completion of over 44000 k.m. of rural roads besides creation of rural markets, storage godowns, veterinary health infrastructure, etc.
Dwelling on the challenges that lie ahead, he acknowledged that issues that require our focused attention in the immediate future would revolve around climate change, rural-urban migration, and the digital divide to name a few.
