The Statesman, Jan 9, 2007
Statesman News Service
BHAWANIPATNA, Jan. 8: The Bhavishya Nirman Bond of National Bank for Agriculture and Rural Development (Nabard) though picking up well in Orissa, but in Kalahandi it is yet to gain ground.
Today in an awareness building workshop of Nabard, organised here to gear up the sale of the Bonds in Kalahandi it was revealed. Speaking on the occasion Subash Mangaraj Nodal Officer of Resource Mobilisation Department of Nabard Orissa told that since the bond was launched so far Rs 2,700 crore business has been done in the country. However, in the Orissa it is only Rs 22 crore as against the target of Rs 100 crore. Although in the Eastern region Orissa is leading, we have to go a long way. Out of the business done in the state, the share of Gridco is Rs 8.25 crore which is from Gridco’s Pension Fund. Sri Mangaraj stated that ironically in Kalahandi district so far no business of the Bond has been done.
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