Rs 10,012 cr Aid Given to UP in 2017-18: NABARD

According to the Development bank NABARD, it has provided an assistance of Rs 10,012 crore to Uttar Pradesh during 2017-18 to facilitate overall development with special focus on agricultural credit.

This has been achieved through commercial banks, RRBs and cooperatives, infrastructure development through dedicated funds, strengthening of rural financial institutions, women empowerment through Self Help Groups, micro-finance and several other new initiatives.
Source- The Economic Times
Static/Current Takeaways Important for NABARD Grade-A Exam 2018-
  • NABARD came into existence on 12 July 1982.
  • Chairman of NABARD- Harsh Kumar Bhanwala, Headquarters in- Mumbai.
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