Union Minister Nirmala Sitharaman, Ministry of Finance (MoF), attended the two-day Millet Conclave 2022 on the theme of “Making Many Millet Magnets-Making Many Millet Entrepreneurs” on the August 26 -27, 2022, jointly organised by the National Bank for Agriculture and Rural Development (NABARD) and the University of Agricultural Sciences (UAS), Raichur, Karnataka.

Key findings of the report

  • The Finance Minister (FM) made announcements about the “Millet Challenge” and a funding of Rs. 25 crore by NABARD to UAS, Raichur, during the ceremony.
  • The Millet Challenge will be administered by the Atal Innovation Mission (AIM) of the NIT ‘Aayog (National Institution for Transforming India), with UAS, Raichur as its field partner.
  • Sitharaman also announced a Rs. 25 crore funding from NABARD under the Rural Infrastructure Development Fund (RIDF) to the University of Agricultural Sciences (UAS) at Raichur, Karnataka.
  • India took the lead in pushing for the United Nations General Assembly’s (UNGA) resolution designating 2023 as the International Year of Millets (IYoM) in order to boost domestic and international demand and give people nutritional meals. A total of 72 nations endorsed the Indian proposal.

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