Rudrapur (Uttarakhand): Prime Minister Narendra Modi has reached Uttarakhand and his public rally in Rudrapur on Thursday is delayed due to a heavy downpour.

During the visit, he will launch the state Integrated Cooperative Development Project (ICDP) and distribute loan cheques to select beneficiaries of Deen Dayal Upadhyaya Farmers Welfare Scheme.

ICDP aims to drastically improve the rural economy in Uttarakhand by giving a boost to the co-operative, farm and allied sectors. It will help in checking the forced migration from the hills of Uttarakhand by providing adequate support to those involved in agricultural and allied activities.

He will also hand over a cheque of Rs 100 crore to the chief minister of Uttarakhand Trivendra Singh Rawat towards the first instalment of fund under this project, transferred by National Cooperative Development Cooperation to the state government.

Modi will also distribute loan cheques to selected beneficiaries of Deen Dayal Upadhyaya Farmers Welfare Scheme. Under this scheme of the Uttarakhand government, multi-purpose loans of up to Rs 1 lakh will be made available to the farmers at a very low interest rate of 2%. The scheme is an important step towards the goal of doubling the income of farmers in the state by 2022.

Earlier, PM Modi had visited Uttarakhand on November 7, 2018, to celebrate Diwali with Jawans of the Indian Army and Indo-Tibetan Border Police (ITBP), at Harsil and also on October 7, 2018, to address the ‘Destination Uttarakhand: Investors’ Summit 2018’, in Dehradun.