Economy, Banking and Finance · 4 September 2026
NABARD & IMD Sign MoU to Boost Climate-Resilient Agriculture and Rural Finance via DiCRA
Exam-focused facts from the 4 September 2026 current affairs briefing.
Key facts
- The National Bank for Agriculture and Rural Development (NABARD) and the India Meteorological Department (IMD) signed an MoU to integrate IMD's data products into the Data in Climate Resilient Agriculture (DiCRA) platform.
- The MoU aims to make climate data freely accessible to farmers, financial institutions, policymakers, and researchers across India.
- Under the MoU, IMD will provide district and block-level weather forecasts, agromet advisories, in-situ observations, and weather alerts through DiCRA.
- The data will be integrated into a dedicated Weather Portal within DiCRA's existing suite of thematic portals, which includes geospatial data on soil moisture, vegetation health, crop conditions, and climate vulnerability.
- IMD's weather forecasting accuracy has improved by 40-50% over the last decade, with forecasts now reaching the panchayat level.
- The partnership aims to strengthen climate-resilient agriculture and rural finance by converting climate information into actionable intelligence.