Nirmala Sitharaman participated in two Credit Outreach Programmes in Itanagar and Namsai, Arunachal Pradesh, today.
The programme at Itanagar was also attended by Shri Pema Khandu, Chief Minister, and Shri Chowna Mein, Deputy Chief Minister, Arunachal Pradesh, Shri M. Nagaraju, Secretary, Department of Financial Services (DFS), alongwith senior officials from the Central and State Governments, and the heads of SBI, PNB, NABARD and SIDBI.
During the programme in Itanagar, sanction letters totalling Rs. 14.4 crore were distributed to 160 beneficiaries under various schemes, including retailers, MSMEs, and financing of agricultural activities. Notably, NABARD provided assistance of Rs. 1.5 crore to Rajiv Gandhi University for establishing a Rural Business Incubation Centre and granted over Rs. 18 crore for other initiatives. Additionally, SIDBI sanctioned Rs. 40 lakh to micro-enterprises.
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