As India celebrates its rich diversity, NABARD’s push for GI registrations not only safeguards centuries-old traditions but also fuels economic empowerment in rural heartlands, turning cultural assets into sustainable livelihoods.
Eligible projects include warehouses, silos, cold chains, logistics facilities, and smart precision agriculture infrastructure. Loan applicants must contribute at least 10 per cent of the project cost, and an entity can apply for up to 25 projects, each eligible for a loan of up to Rs. 2 crore.
The NAFIS data revealed a notable increase in financial savings among rural households, with annual average savings rising to ₹13,209 in 2021-22 from ₹9,104...