NABARD, WB surpasses its business targets reaching an all time high

Kolkata : NABARD, The Agricultural and Rural Development Apex bank of the country has surpassed its old records to reach an all time high in achieving business in the development and promotional activities category in West Bengal. This was stated by Dr A R Khan, CGM, NABARD West Bengal Regional Office today while celebrating the bank’s 41st Foundation Day in the city.

On July 12, 2022 NABARD completed its journey of 41 years, fostering rural prosperity.

Dr A R Khan stated that during the Financial Year (FY) 2021-22, NABARD, West Bengal Regional Office performed exceptionally well surpassing the business targets and also reaching an all time high under development and promotional activities. Dr Khan also stated the overall business of NABARD in the West Bengal region. It has reached Rs 13989.80 crore during the FY 2021-22 registering a growth of 65% on Y-O-Y basis and aims to achieve more milestones in FY 2023, he said.

To commemorate the landmark achievements, NABARD, West Bengal Regional Office also organised a webinar on ‘Technological Interventions in Agriculture’, which was graced by Dr Manoj Pant, the Additional Chief Secretary (Finance), Government of West Bengal. The event was also attended by Smt. Usha Ramesh, CGM, NABARD, Senior officials from State Government Departments, RBI, Chairman of RRBs, SLBC convenor Bank, Zonal/ Regional Heads of Commercial Banks, MDs of Cooperative Banks, VCs of Agri-universities, District level officials, District Development Managers of NABARD, Lead District Managers and other stakeholders.

On the occasion, NABARD released a documentary highlighting its major interventions and launched two booklets “Success Stories- NABARD’s Intervention in West Bengal” and “Success Stories- Tribal Development Fund” compiling the laudable stories of perseverance and hope of people of West Bengal.

In its journey of four decades, NABARD has promoted many community based organisations like Self Help Groups, Farmers Producer Organisations etc. for development at the grassroots level. Some of these SHGs, FPOs and OFPOs were also felicitated during the event for their remarkable performance.

Appreciating the work done by NABARD in his inaugural address, Dr. Pant congratulated NABARD on its Foundation day. He lauded the efforts of NABARD as a valued partner in the development of West Bengal.

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