The MoU has been signed under the Bharatmala Pariyojana across the country to centralize freight consolidation and reduce logistics costs from 14% to less than 10% of GDP.
A Memorandum of Understanding on the promotion and financing of 700 JLGs was signed on Thursday and exchanged between NABARD, J&K Regional Office and Jammu & Kashmir Grameen Bank in the conference hall of NABARD, J&K Regional Office.