The National Bank for Agriculture and Rural Development (NABARD) has approved a credit support plan, which is expected to boost yak husbandry in Arunachal Pradesh.
With the initiative being approved, herders are expected to secure loans for yak husbandry and boost their livelihoods.
The scheme has been developed by the National Research Centre on Yak (NRCY) at Dirang in West Kameng district of Arunachal Pradesh.
Over the past few years, yak population in Arunachal Pradesh has shown a considerable decline.
Also read: Government to ‘resolve’ salaries issue of Hindustan Paper Corporation employees, says Assam CM
Yak is one of the most prized animals of the Himalayan region due to its multifarious roles in strengthening nutritional security through milk and meat.
According to reports, over 10,000 households in Arunachal Pradesh earn their livelihoods by selling yak milk products, woolen clothes, meat, besides providing a mode of transport in the hard-to-reach areas.