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NABARD plans Rs 2224.63 crore investment in 2008-09 in Assam

NABARD has planned to invest a total Rs 2224.63 crore for 2008-2009 in Assam. Addressing a seminar held on Thursday at the Assam Administrative Staff College, the banks’s chief general manager C K Gopalakrishna said of this amount, the potential assessed for agriculture is Rs 886.38 crore , Rs 441.05 crore for industries while Rs 897.19 crore is being kept for services. He said in view of the thrust on agriculture and food processing industries, a credit potential of Rs 35.23 crore has been estimated for the year. Noted economist Dr Jayanta Madhab inaugurated the seminar which was attended by several senior bank officials.
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Bodhi Sattwa Kar.'s picture

We have an NGO named BHATIRKUPA YOUTH ORGANISATION, Hailakandi, of 12 years old but without any govt scheme and very much desirous to work under NABARD, for the interest of poor people of Hailakandi. Can I expect any cooperation from NABARD ? We are ready to abide by all terms & conditions of NABARD.
khimlal poon's picture

Dude! This kind of investment has been happening since India got independence and if you see the progress rate it is very very slow; those people who are in Delhi, whom we call the government is only interested to use our natural resources and exploit them; this is not only in Assam but North East as a whole; i'm hoping and praying when the day will come that people will unite and fight against this menace.......
Pallavi Barua's picture

I am apprehensive about the utlilization of funds under NABARD and all sort of investment related schemes and in Assam. Introduction of Micro-Credit in the villages is a better option. Corruption will trickle there too, but the loopholes will be far less.
Ranjan K Baruah's picture

Its time to 'work with the people' not 'work for the people'. The basic funda of any goverment agency is to work for the people and hence no progress inspite of huge amount spent in the name of development. We can become the watchdog for the programme and ask governments about it's progress. We can ask them to put the things online so that they dont have to give execuse of papaers and any other stationery items. Together we can bring a change.

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