MoRD Signs a Non-Financial MoU with BFIL to Enhance Rural Livestock & Fisheries

March 21, 2024
Current Context: On March 15, 2024, the Ministry of Rural Development (MoRD) signed a Non-Financial Memorandum of Understanding (MoU) with Bharat Financial Inclusion Limited (BFIL) in New Delhi.
MoRD Signs a Non-Financial MoU with BFIL to Enhance Rural Livestock & Fisheries
  • This collaboration aims to enhance the livelihood interventions of the Deendayal Antyodaya Yojana-National Rural Livelihoods Mission (DAY-NRLM), particularly in rural livestock and fisheries development.
  • The MoU includes the establishment of a centralized Project Monitoring Unit (PMU) at the national level and state-level PMUs in Maharashtra, Madhya Pradesh, Jharkhand, Uttar Pradesh, Rajasthan, Tamil Nadu, and Bihar.
  • These units will comprise specialists from livestock and Market Linkage. 
  • BFIL will also strengthen the role of Pashu Sakhis in providing essential healthcare services to animals.
  • The focus areas of this collaboration include facilitating livestock clusters, developing IT-enabled ecosystems, and providing veterinary care and facilitation support to Self-Help Group (SHG) households enrolled in DAY-NRLM.

Question:

Q.1 What is the aim of the collaboration between the Ministry of Rural Development (MoRD) and Bharat Financial Inclusion Limited (BFIL)?
a. To enhance the livelihood interventions of the Pradhan Mantri Awas Yojana
b. To enhance the livelihood interventions of the Deendayal Antyodaya Yojana-National Rural Livelihoods Mission (DAY-NRLM)
c. To enhance the livelihood interventions of the Pradhan Mantri Jan Dhan Yojana
d. To enhance the livelihood interventions of the Pradhan Mantri Gram Sadak Yojana

Free Exam Resources

Useful material to support your preparation, revision and exam planning.

Continue on BankExamsToday

Revise notes, practice questions and resume anytime.

Meet your mentor

From the Founder

Ramandeep Singh, founder of BankExamsToday

Ramandeep Singh

Banking Educator · Former Banker

Former banker and educator helping aspirants prepare for banking promotion and specialist officer exams with focused, practical guidance.

14+
Years' experience
5,000+
Selections
Ex-BoB
Banking experience