To rejuvenate the “life” around agriculture, the National Bank for Agriculture and Rural Development (Nabard) is deploying Jiva (life) with its network of non-governmental organizations and other stakeholders in rural areas.
“Jiva is about rejuvenating the land, creating life around agricultural fields, using natural resources. We have created watersheds, ensuring water security for 2.5 million hectares of land, ”said Nabard President GR Chintala. Activity area.
Now that water security is assured, the question now is whether the soil is enriched, whether microbial activity in the soil is well maintained, whether farmers practice good agricultural practices. “Jiva is about creating a system where no more harm can be done to the ground, to nature,” he said.
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Nabard is mobilizing its network of NGOs and other actors to deploy this program. A training program is underway in Maharashtra to raise awareness among stakeholders.
He said Nabard promotes integrated agriculture in different parts of the country. “The farmer cannot depend on one crop for his livelihood. He cannot be left at the mercy of market forces to sell the products. He should have a bunch of crops to rely on, ”he said.
“We made a kind of movement around it. The loans are granted by the banks thanks to our financing. Even small farmers with a small plot of land also receive funds to grow, say, horticultural crops like pomegranate, under this program, ”he said.
“In the future, it will be a kind of market catastrophe insurance. You have to have a multi-pronged approach – on the one hand, we promote integrated agriculture and support agricultural producer organizations, ”he said.
The Primary Agricultural Cooperative Societies (PACS), which are going through a serious financial crisis, are benefiting from new support from Nabard. “We have to get the PACS out of the dying stage. We encourage them to become full-service companies to increase their financial resources, ”said the president of Nabard.
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The Nabard grants them a loan of up to ₹ 2 crore to refine their operations. About 3,500 PACS were sanctioned by loans from the rural umbrella bank. In addition, it has developed a computerization scheme for PACS. “He’s in advanced condition. We will deploy it as soon as we get government approval, ”he said.