NABARD plans e-commerce portal for artisans' products

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Press Trust of India Chandigarh
Last Updated : Feb 07 2014 | 8:11 PM IST
The National Bank for Agriculture and Rural Development (NABARD) has plans to develop an online e-commerce portal with an aim to provide sustainable marketing platform for products made by rural artisans.
"With a view to provide sustainable marketing platform for products or artifacts produced by the rural artisans, NABARD is planning to develop an online e-commerce portal" said NABARD Chairman H K Bhanwala today during his visit to Surajkund International Crafts Mela in Faridabad district.
He further said NABARD has come out with a new concept of 'End to End solution' whereby financial support be provided for capacity building.
"Based on our learnings and experience that mere training / skill development in isolation of other necessary linkages do not lead to the desired impact, we have now brought out the new concept of 'End to End solution' which means providing financial support in the shape of grant for capacity building as well as loan for setting up of units by Channel Partners," he said.
"This will facilitate easy access to credit by the Channel Partners to bring the artisans closer and promote rural non farm sector in a sustainable manner thus leading to creation of more and more employment opportunities or income generation in the rural areas.
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First Published: Feb 07 2014 | 8:11 PM IST

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