Pune: The regional office of the National Bank for Agriculture and Rural Development (Nabard) has disbursed Rs 7,348.39 crore for agriculture and rural development across the state.

The amount — which is 22% higher than the previous year — has been allotted for the financial year 2012-13. M V Ashok, chief general manager of Nabard regional office, said, “Nabard has also decided to converge the watershed development projects with Mahatma Gandhi National Rural Employment Guarantee Scheme (MNREGS).