On the occasion of its 44th Foundation Day, the National Bank for Agriculture and Rural Development (NABARD) launched several initiatives including a Graduated Rural Income Generation Programme (GRIP) on Saturday in Chennai.
The initiative is a livelihood intervention programme for ultra-poor rural households using returnable grants and capacity support to transition them into formal economic activity. Among its other launches include, inauguration of NABARD’s Sub-office in Leh, Ladakh, launch of NABARD’s official WhatsApp Channel and RuralTech CoLab Portal – an open digital innovation platform. It also announced a Grievance Redressal System for Rural Cooperative Banks called NIVARAN among other initiatives.
Shaji K.V, Chairman, NABARD, M. Nagaraju, Secretary, Department of Financial Services, and N. Muruganandam, Chief Secretary of Tamil Nadu spoke in the event.
Published – July 13, 2025 12:25 am IST