Yadgir, June 4 -- Union Finance Minister Nirmala Sitharaman on Thursday inaugurated a NABARD-supported groundnut processing unit in Yadgir district, marking a significant step toward strengthening women-led rural enterprises in the Kalyana Karnataka region.

Addressing the gathering, Sitharaman said Yadgir produces nearly 22,500 metric tonnes of groundnuts annually and has immense potential for value-added agricultural industries. The newly inaugurated facility will focus on extracting groundnut oil and manufacturing a range of products derived from groundnuts, creating new income opportunities for local farmers and women entrepreneurs.

The minister praised the efforts of Peddapalli Women Farmers Producer Company Limited, which operates ...