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NBA Allocates ₹8.22 Crore to Rice Research Institutions and Growing States
📷 Image: Wikimedia Commons / Ministry of Agriculture and Farmers' Welfare
Agriculture

NBA Allocates ₹8.22 Crore to Rice Research Institutions and Growing States

✍️ The Economic Times 🗓 02 Aug 2026, 07:35 PM 👁 35
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The National Bank of Agriculture has released ₹8.22 crore to support rice research institutions and rice‑producing states.

The National Bank of Agriculture has announced a disbursement of ₹8.22 crore aimed at strengthening rice research and development across the country. The allocation will be shared between leading rice research institutions and the states that are major contributors to India’s rice output. The funds are intended to finance advanced breeding programmes, technology transfer and capacity building initiatives that can help improve yield and resilience against climate challenges. This move comes as part of a broader strategy to boost food security and support farmers in the rice‑producing belt.
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