The development projects of NABARD consist of following initiatives:
Union Minister for Communications, Electronics and Information Technology Ravi Shankar Prasad inaugurated the submarine cable works on laying between Chennai – Andaman and Nicobar Islands. The submarine cables will be initially laid from Chennai to Port Blair covering a distance of 1,450 kilometres. He also flagged off the ship to lay the cable at Chennai Port. At the initial stage of commissioning of the project itself, the islands can get a data speed of 400-gigabytes per second.