JAMMU, July 13 -- National Bank for Agriculture & Rural Development (NABARD) provided Rs 462 crore in 2019-20 for execution of 139 projects in Jammu & Kashmir.

In the midst of ongoing pandemic, NABARD has stepped into its 39th year of formation on July 12, 2020, even as it has made path breaking contribution in the development of the UT of J&K and Ladakh in last few years. The National bank has also witnessed a change of guard in J&K with R K Srivastava having taken over as Chief General Manager.

NABARD sanctioned Rs.462 crore for execution of 139 projects during 2019-20. As on 31 March 2020, cumulatively 3785 projects are sanctioned with RIDF loan of Rs 6821.27 crore. These projects will cover 15537 km of road length, 12814 meter of br...