Current Affairs - Miscellaneous - Discussion

The National Bank for Agriculture and Rural Development (NABARD) sanctioned financial assistance of Rs 10,000 Crores to Odisha. Assistance has also been given by the NABARD for the creation of rural infrastructures such as roads and bridges, lift irrigation projects, rural piped drinking water project, warehousing, and irrigation structures. Under Long-Term Refinance scheme of the NABARD, banks in Odisha have availed credit support of Rs 624 Crores which have facilitated the creation of private sector farm assets. For infrastructure creation, the bank extended financial support to the tune of Rs 2118 Crores.