India signs agreement to set agriculture institute in Malawi

India on April 3 signed an agreement with a development bank for setting up India-Africa Institute of Agriculture and Rural Development (IAIARD) in Malawi.

The agreement was signed as a part of India's efforts to enhance capacity in the areas of agro-financing and entrepreneurship development for African countries, the Ministry of External Affairs said in a statement.

The ministry signed the MoU with National Bank for Agriculture and Rural Development Consultancy Service (NABCONS).

(This story has not been edited by Business Standard staff and is auto-generated from a syndicated feed.)

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