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Nabard injects Rs 7,881 cr into rural refinances

Of this, Rs 6,072 cr had gone to agriculture sector

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Shashikant Trivedi Bhopal
Nabard had pumped Rs 7,881 crore in Madhya Pradesh state rural refinances through its various promotional initiatives during 2012-13. Of this, Rs 6,072 crore had gone to agriculture sector to boost investment credit and capital, form mechanisation, minor irrigation, rural housing, dairy and poultry and non-form sectors.

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The bank said it had released Rs 3,000 crore for creation of rural infrastructure, of which Rs 282 crore had been sanctioned for creation of warehouses in rural areas.

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First Published: Apr 11 2013 | 8:26 PM IST

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