Rural development only through support to agricultural activities; Says Prakash Bakshi

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Mangalore, May 18: Addressing an inaugural function of the new campus of Bankers’ Institute of Rural development (BIRD) at Bondel on May 17, Friday, Prakash Bakshi, chairman, National bank for agriculture and rural development (NABARD) stressed on the need to introduce new schemes in banks for the development of rural areas.

He rued that there no bank or public sector unit that is concerned about the agriculture sector in the country. It is the dire need of the hour to respond to the rural population with newer schemes to provide financial help as well as supporting them in agricultural activities, he said.


He stressed on the need of banks introducing more products to attract and support farmers with an inclusive growth policy.

Karnataka bank chairman Ananthakrishna said that training institutes like BIRD should inculcate new ideas for rural development in its curriculam.There should also be more emphasis on good quality, he added.


Syndicate bank former chairman and managing director N K Tingalaya, Corporation Bank executive director B K Shrivastav, BIRD Mangalore joint director R Venkataswamy and others were present.

New campus of Bankers’ Institute of Rural Development’s (BIRD) is spread in over seven acres and developed at a cost of Rs 30 lakh,with two lecture halls and air-conditioned accommodation for 32 persons.

The institution aims to train banking staff (mainly co-operative sector) on rural development and financial assistance.

BIRD assistant general manager L M Tyagarajan said that BIRD is also involved in training bankers of foreign countries.

Photo source: Sathish Kapikad

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