How much amount will be expanded by NABARD in the fiscal (2018-19) to improve the rural economy?
NABARD's Financial Support for Rural Economy in Fiscal Year 2018-19
NABARD (National Bank for Agriculture and Rural Development) plays a crucial role in the development of the rural economy in India. It provides financial assistance and support for various rural development activities, including agriculture, infrastructure, and micro-enterprises.
The question asks about the amount NABARD planned to expand or sanctioned for the improvement of the rural economy during the fiscal year 2018-19.
Based on reports and announcements regarding NABARD's plans for the fiscal year 2018-19, a specific amount was earmarked for boosting the rural sector.
For the fiscal year 2018-19, NABARD sanctioned or planned to expand approximately ₹ 80,000 crore towards various initiatives aimed at strengthening the rural economy. This funding supports a wide range of projects designed to enhance rural infrastructure, improve agricultural productivity, and promote rural livelihoods.
Therefore, the amount expanded by NABARD in the fiscal year 2018-19 to improve the rural economy was ₹ 80,000 crore.
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