NABARD
Arunachal Pradesh: Rural Mart supported by NABARD inaugurated
Palin: NABARD General Manager Partho Saha recently inaugurated the rural mart supported by the NABARD in Palin region of Arunachal Pradesh.
The mart was inaugurated in the presence of NABARD DDM Mewang Lowang, officials of the district administration, bankers, PLF members, and others.
“The rural mart was sanctioned to the Yer Yerkum Primary Level Federation (PLF), comprising eight SHG groups of 80 members formed under the aegis of the Palin unit of the ArSRLM,” the NABARD informed in a release as quoted by The Arunachal Times.
The NABARD is providing grant assistance to cover the initial operational costs like rent and salary of salespersons, besides cost of promotion, and basic capital costs.
A #NABARD-sponsored rural market was inaugurated by Shri Partho Saha, GM NABARD, in the Kra Daadi district. Dedicated to the Yer-Yerkum PLF SHG Group, this market will aid the locals in the generation of additional income and employment at the grass-roots level. pic.twitter.com/JACNJMubu2
— MyGov Arunachal Pradesh (@MyGovArunachal) December 31, 2022
“This will help the SHG members who may be risk averse and lack financial capability to have a marketing outlet for their products,” the NABARD said.
The scheme is part of the marketing initiatives supported by the NABARD to enable producers to sell their farm and off-farm products at reasonable prices by avoiding involvement of intermediaries, monopoly and malpractices of established businesspersons, it added.
“It will serve as a link between the producers and the customers, thus aiding generation of additional income and employment at the grassroots level. The mart will provide employment and livelihood opportunities to many SHG members and families in the district,” it said.
Support Our Journalism
We cannot do without you.. your contribution supports unbiased journalism
IBNS is not driven by any ism- not wokeism, not racism, not skewed secularism, not hyper right-wing or left liberal ideals, nor by any hardline religious beliefs or hyper nationalism. We want to serve you good old objective news, as they are. We do not judge or preach. We let people decide for themselves. We only try to present factual and well-sourced news.
