introduction of NABARD , Functions , objectives

1. PRESENTING BY :
RAMDENI RATHNAKAR.
Roll no :- 20
Submitting to :-
Prof : ANURADHA MAM

2. NABARD
Introduction :
NABARD is set up by the Government of India
NABARD was set up in July 1982 . It is broad based organization at
the Apex level to support and guide the rural credit extending
institutions in India .
Initial capital of 100 crore .
Enhanced to Rs . 2000 crore by Government of India & Reserve Bank
of India .
It supports all other allied economic activities on rural areas ,
promoting sustainable rural development and prosperity in rural areas
.
It operates through its head office at Mumbai , 28 regional offices
situated in state capitals and 391 district offices at districts .

3. HISTORY & ORIGIN
NABARD was established in 1982 on the recommendation
of B.Sivaraman Committee for the overall regulation and
licensing of regional rural banks and apex cooperative banks in
India.
NABARD is one of the apex regulatory bodies of India.
It is essentially for development of Bank & providing credit to
agriculture industry in India .
It is under the jurisdiction of the Ministry of Finance.
NABARD is responsible for development Agriculture and Allied
sectors .
Mumbai is the headquarter of NABARD .
The present CEO of NABARD is Dr G.R Chintala .

4. OBJECTIVES
To give financial assistance for increasing the agriculture
production .
To supply the long term needs of the rural areas .
To supply loans by way of refinance .
To help small industries , cottage industries and also
artisans .
To achieve overall rural development.
It improves small & minor irrigation by way of by way of
promoting agriculture activities .

6. SCHEMES OF
NABARD
• Dairy Enterepreneurship Development Scheme
• Commercial production units of organic inputs
• Agri clinic and Agribusiness Centres Scheme
• National Livestock Mission
• GSS – Ensuring End Use of Subsidy Released
• Interest subvention Scheme
• New Agricultural Marketing Infrastructure

7. FUNCTIONS OF NABARD :
Refinancing the banks for extending loans for investments &
production purpose in rural areas .
Provides loans to state govt & Non governmental organization
[NGOS], Panchayat Raj institutions for the development of rural
infrastructure.
Supports credit innovations of NGOS and other non formal
agencies .
Extension of formal banking services to the unreachable rural
por by SHGs .
Preparation of credit plans .
Inspection of RRBS & cooperative banks .
Supports technology transfers through farmers club.
Development of Rural non Farm sector .

8. ROLE OF
NABARD
 Providing refinance to lending institutions in rural areas
 Evaluating, monitoring and inspecting the client banks
 Acts as a coordinator in the operations of rural credit
institutions.
 Extends assistance to the government, the Reserve Bank of
India and other organizations in matters relating to rural
development.
 Offers training and research facilities for banks,
cooperatives and organizations working in the field of rural
development.
 Helps the State Governments in reaching their targets of
providing assistance to eligible institutions in agriculture and
rural development.
 Acts as regulator for cooperative banks and RRBs.

9. ACHIEVEMENTS OF NABARD
• White revolution and Blue revolution in the form of increased
milk production and fisheries have also been contributed by
sustained efforts of NABARD .
• NABARD has also played a significant role in improving storage
facilities for agriculture commodities in the country.
• After setting up of NABARD , there has been considerable
increase in the rural finance and developmet of small scale and
cottage industries by 4000 crores in 90 s and 1200 crores in 80
s.