NABARD inks MoU with NRSC for monitoring Watershed Projects

National Bank for Agriculture and Rural Development (NABARD) has signed a Memorandum of Understanding (MoU) with Hyderabad-based National Remote Sensing Centre (NRSC) for web-based monitoring of watershed projects.

Under this MoU

  • Web-based monitoring will be undertaken for India-German Watershed Development (IGWDP) projects in three states viz. Rajasthan, Gujarat and Telangana.
  • NRSC will create a separate page for NABARD on Bhuvan web-portal and also develop customised software tool and mobile application for real time monitoring projects.
  • It will also seek to add feature in this page for online comparison and visualisation with respect to activities implemented in the projects sanctioned by NABARD.

NABARD will use this web-based monitoring technology to address problems of monitoring watershed projects in remote areas, apart from digitisation of the impact of watershed interventions for long term usage.

It should be noted that NABARD only assists the watershed projects of Union Ministry of Rural Development by providing funds under Watershed Development Fund (WDF).

Advertisement

Categories: Banking Current Affairs 2018

Tags:

advertisement

Comments

Leave a Reply

Your email address will not be published. Required fields are marked *