NABARD chairman Harsh Kumar Bhanwala called on Arunachal Pradesh chief minister Pema Khandu on May 18 and discussed about various development projects in the Northeast state.

During the meeting, Khandu launched the sanctioning of LED solar street lighting system under RIDF by NABARD with total grant of Rs 87,83,059.

The project will be implemented in Tirap, Longding, Namsai and Tawang districts.

The NABARD chairman later briefed Khandu about the dedicated “Micro Irrigation Fund” (MIF) with NABARD under Pradhan Mantri Krishi Sinchayee Yojana (PMKSY), which was passed by the Union cabinet recently with corpus of Rs 5,000 crore.

He also informed the CM about the ‘Dairy Processing & Infrastructure Development Fund’ and urged the state government to avail the fund. The scheme focuses on building an efficient milk procurement system.

Further the chairman suggested the CM on conducting financial literacy awareness programme at schools for which the expenditure will be covered by NABARD.

NABARD official also informed the CM about EShakti, an initiative launched by NABARD that aims at digitization of all the SHG accounts to bring SHG members under the fold of financial inclusion.

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