Union Minister for Finance & Corporate Affairs Smt. Nirmala Sitharaman, on November 12, 2019 inaugurated the 6th World Congress on Rural and Agriculture Finance jointly organised by National Bank for Agriculture and Rural Development (NABARD) and Asia – Pacific Rural Agricultural and Credit Association (APRACA) in New Delhi.
The Finance Minister said that the Government is looking at acknowledging huge dependence on rural life and agriculture and further emphasised on the immediate need for taking up water management and water-related stress points. She also enumerated benefits of soil health cards provided to farmers. While talking about energy security, the Finance Minister said that there is a need for the farmers contributing in solar energy generation, participation in wind energy, installing solar panels in his farms, etc. and also to become an Urjadaata from Annadata.
About Asia – Pacific Rural Agricultural and Credit Association (APRACA)
APRACA, representing 81 member institutions from 21 countries, is a regional association that promotes cooperation and facilitates mutual exchange of information and expertise in the field of rural finance. Over the years it has developed a repository of knowledge in managing and serving rural financial institutions, financial inclusion and to help avert financial risks and improve efficiency.
