NABARD-MAHAPREIT MoU to Fund Green Rural Infrastructure
Why in the news
The rural development bank tied up with MAHAPREIT to co-fund low-carbon village infrastructure.
Key facts
- Signatories: NABARD and MAHAPREIT.
- Purpose: shared funding for green, climate-resilient rural assets.
- Start: Maharashtra.
- Link to: the circular economy and rural sustainability.
Priority areas
- Solar-powered cold storage
- Biogas plants
- Gram Panchayat assets
- Renewable energy
- Cutting carbon use in public institutions
Exam angle
- Rural financing body in the MoU: NABARD.
- Partner: MAHAPREIT.
- Initial focus State: Maharashtra.