Country’s apex development bank, NABARD on Jan 4 signed a pact with National Remote Sensing Centre (NRSC) for web-based monitoring of its projects in four states. According to an official statement issued by National Bank for Agriculture and Rural Development, Indo-German Watershed Development ( IGWDP) projects (are located) in three states- Gujarat, Rajasthan and Telangana, and Nabard-assisted watershed projects under Watershed Development Fund(WDF) in Madhya Pradesh. The agreement was signed on December 31, 2015 at Nabard head office in Mumbai.

Under the MoU, NRSC will create a separate web page for Nabard on BHUVAN web-Portal, develop customised software tool and mobile application for real time monitoring, online comparison and visualisation with respect to activities implemented in the projects sanctioned by Nabard.