NABARD sanctions funds to Govt of Raj for godowns in Ajmer

21 Sep 2023 CW Team

The National Bank for Agriculture and Rural Development (NABARD) has approved a financial allocation of INR 14.40 crore for the Government of Rajasthan under the Warehouse Infrastructure Fund (WIF) for the fiscal year 2023-24. Dr. Rajiv Siwach, Chief General Manager of NABARD's Rajasthan Regional Office, made this announcement, highlighting the significance of this allocation.

The sanctioned funds, amounting to INR 14.40 crore, have been earmarked for the construction of two godowns by the Rajasthan State Warehousing Corporation in Kishangarh, located in Ajmer district. This infrastructure development project is designed to create a storage capacity of 22,500 metric tons (MT).

Dr. Siwach emphasized that these godowns will provide state-of-the-art storage facilities for 22,500 MT of agricultural produce. They will be accessible for use by farmers, government agencies, traders, and various other stakeholders, ultimately contributing to the prevention of agricultural produce wastage. The Chief General Manager further noted that approximately 1.20 lakh residents from around 150 nearby villages are expected to benefit from this initiative.

This financial support from NABARD underscores the organization's commitment to enhancing agricultural infrastructure and promoting the efficient storage and utilization of agricultural commodities in the state of Rajasthan.

Building Material

11 Dec 2025

Suraj Estate Wins Euromoney Award for India’s Best Residential Developer

"Suraj Estate Developers Limited has received the Euromoney Real Estate Award 2025 for ‘India’s Best Residential Developer’, positioning the company among globally benchmarked leaders in the sector. The recognition reflects its four-decade legacy in delivering high-quality residential and redevelopment-led projects across South Central Mumbai. The Euromoney Real Estate Awards, presented by the London-based Euromoney magazine, are widely regarded as one of the most credible global assessments of performance in real estate, banking and finance. Winners are selected through surveys of inte..

Lloyds Metals, Tata Steel Sign MoU to Explore Strategic Collaboration

"Lloyds Metals and Energy Limited has signed a non-binding Memorandum of Understanding with Tata Steel Limited to evaluate potential areas of strategic cooperation across mining, logistics, pelletisation and steelmaking. The MoU was signed by B Prabhakaran, Managing Director of Lloyds Metals, and Mr T V Narendran, CEO and Managing Director of Tata Steel. The partnership framework aims to leverage the natural operational synergies between both companies and assess opportunities in greenfield steel projects, iron ore mining, slurry pipeline infrastructure, pellet manufacturing in iron ore–ric..

IndiaAI, Gujarat Govt Host Regional Conclave Ahead of 2026 AI Summit

The IndiaAI Mission under the Ministry of Electronics and Information Technology, along with the Government of Gujarat and IIT Gandhinagar, convened a Regional Pre-Summit Event at Mahatma Mandir, Gandhinagar. The initiative is part of the build-up to the India–AI Impact Summit 2026, scheduled for 15–20 February 2026 at Bharat Mandapam, New Delhi. The conclave brought together senior policymakers, technology leaders, researchers and industry practitioners to examine how AI can accelerate economic, digital and social transformation across sectors. The programme focused on the overarching th..