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Guv urges NABARD to deepen rural credit, livelihood support

ITANAGAR : National Bank for Agriculture and Rural Development (NABARD), Regional Office, Itanagar General Manager-cum-Officer-in-Charge SV Ranga Rao called on Governor Lt Gen KT Parnaik (Retd) at Lok Bhavan on Saturday and discussed measures to strengthen rural livelihoods and enhance economic opportunities for farming and rural communities across Arunachal Pradesh.

During the meeting, the Governor underscored NABARD’s pivotal role in promoting sustainable agriculture and integrated rural development. He advised the institution to ensure the timely and uninterrupted flow of credit to the agriculture sector, small-scale enterprises, cottage and village industries, artisans and rural entrepreneurs, enabling them to contribute more effectively to the State’s economy.

Referring to his recent interaction with women Self-Help Groups (SHGs) in Boleng, Parnaik observed that the women of Arunachal Pradesh are hardworking, resilient and enterprising.

He said that with proper guidance, skill development and access to financial resources, they can emerge as key drivers of socio-economic transformation. He urged NABARD to continue supporting grassroots initiatives that empower women and strengthen rural livelihoods.

Highlighting the importance of financial inclusion, the Governor stressed the need to strengthen microfinance institutions, SHGs and rural banking networks to ensure that financial services reach underserved and economically weaker sections of society.

He said empowering rural communities, particularly women and youth, through accessible credit and livelihood opportunities is essential for achieving inclusive and sustainable development in the State.

Ranga Rao assured the Governor that NABARD would continue to work with dedication and commitment to fulfil the aspirations of the people of Arunachal Pradesh, particularly those belonging to rural and agrarian communities.

 

 

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