Jindal Stainless Foundation has partnered with NABARD to help boost incomes of 4 lakh farmers in the next five years.
A Memorandum of Understanding (MoU) was signed between the two partners recently.
The MoU seeks to intensify the ongoing CSR programme ‘Project Krishi Unnati’ for having a positive impact on 4 lakh farmers in two phases, spread over 5 years.
Jindal Stainless Foundation will partially fund and support the operations of NABARD and other implementing partners towards this end.
It will also help in setting upmarket and financial linkages for farmers.
Deepika Jindal, Chairperson, Jindal Stainless Foundation, said, “The collaboration with NABARD is an extension of our MoU signed with the Odisha government last year. So far, in Odisha, we have already reached out to over 20,000 farmers through this intervention.”
The foundation is providing farmers in soil testing, crop management, market linkages and promoting climate-resilient technologies.
It will help Farmer Producer Organizations, Farmers’ Clubs and Self-Help-Groups promoted by NABARD, which in turn will extend complimentary support to initiatives run by the foundation.