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NABARD Grameena Habba-2022 to boost rural economy jolted by Covid-19 pandemic

Aimed at giving a push to rural economy hit by Covid-19 pandemic, NABARD, Karnataka Regional Office is organising an annual event "Grameena Habba", to provide marketing platform for rural artisans to sell handicraft and handloom . ....

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Karnataka's annual credit plan target set at Rs 4,96,371 crore


Karnataka s annual credit plan target set at Rs 4,96,371 crore
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Last Updated: Apr 28, 2021, 05:06 PM IST
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The total priority sector credit target for 2021-22 works out to Rs 2,92,391.90 crore, a growth of 14.24 per cent over the previous years figure of 2,55,940 crore.
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Karnataka s annual credit plan (ACP) target for 2021-22 has been set at Rs 4,96,371 crore, up 35.78 per cent compared to the previous fiscal. The figure for 2020-21 was Rs 3,65,556 crore.
The ACP for 2021-22 was launched at the 153rd meeting of the State-level Banker s Committee, Karnataka, on Monday, an official release said.
The total priority sector credit target for 2021-22 works out to Rs 2,92,391.90 crore, a growth of 14.24 per cent over the previous years figure of 2,55,940 crore. ....

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66 FPOs onboarded to Unified Market Platform - The Hindu BusinessLine


66 FPOs onboarded to Unified Market Platform
February 25, 2021
Around 66 Farmer Producer Organizations (FPOs) supported by Karnataka government and Nabard were onboarded on the Unified Market Platform (UMP) of Rashtriya e-Market Services (ReMS).
Due to this, these FPOs will now be accessible by 44,000 traders registered across 162 markets and will facilitate the trading of more than 60 agricultural commodities enabling them to get better returns on their farm produce through transparent price discovery and realisation.
 
Manoj Rajan, Managing Director and Chief Executive Officer of ReMS, addressing the event Dr Rajan, speaking on the occasion said that ReMS strives to put into place transparent price discovery, assaying facilities, capacity building for stakeholders, etc. and also emphasises increased competition, better price realisation, simplification of market processes and making available real-time product information to market participants. ....

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