nabard, genisis,organization,functions and initiatives

1. India prospers if Bharat prospers. India not just lives in its villages but lives on its villages.
Through its credit and developmental initiatives, NABARD is ensuring that India’s food needs are met season after
season, year after year.

2. MOKSHA V
PALB 4126
Jr. M.Sc.Ag in AgMaCo
VENUPRAVEEN K C
PALB 4096
Jr. M.Sc.Ag in AgEcon
Presented By :

3. CONTENTS:
 GENESIS
 MISSION
 HIGHLIGHTS OF 2013-14
 ORGANISATIONAL SETUP
 SUBSIDIARIES
 FUNCIONS
 INITIATIVES

4. Genesis
 Government of India RBI, constituted a committee to review the
arrangements for institutional credit for agriculture and rural
development (CRAFICARD) on 30 March 1979, under the
Chairmanship of Shri B.Sivaraman, to review the arrangements for
institutional credit for agriculture and rural development.
 The Committee, submitted on 28 November 1979, felt the need for a
new organisational device to focus to the credit problems arising out of
integrated rural development and recommended the formation of
NABARD.
 The Parliament, through Act 61 of 1981, approved the setting up of
NABARD.
 The bank came into existence on 12 July 1982

5. Contd….
 It transferred the
• Agricultural credit functions of RBI
• Refinance functions of the then Agricultural Refinance and
Development Corporation (ARDC).
 NABARD was dedicated to the service of the nation by the late
Prime Minister Smt. Indira Gandhi on 05 November 1982.
 NABARD was set up with an initial capital of 100 crore.
 Consequently GOI and RBI, the paid up capital as on 31 March
2013, stood at 4000 crore with Government of India holding 3,980
crore (99.50%) and Reserve Bank of India 20.00 crore (0.50%).

6. Mission
 Promote sustainable and equitable agriculture and
rural prosperity through effective credit support,
related services, institution development and other
innovative initiatives
 NABARD recorded high levels of performance in
purveying rural credit during 2012-13.
 The aggregate assets held by NABARD rose
to 2,13,170 crore as on 31 March 2013, an increase
of 30,700 crore (17 %) compared to the position as
on 31 March 2012

7. Highlights of 2013-14
A. Business:
NABARD total refinance operations grew to Rs.1,02,089 crore
during the year 2013-14 with a growth rate of 24% than the
previous year
The long term refinance given against medium and long term
loans which is an indicator of capital formation in the agricultural
sector stood at Rs.21482 crore, displaying a growth rate of 21.50%
over the previous year.
B. Development:
In 2013-14 it was a biggest efforts in the history of banking
industry in the country ,NABARD bought cooperative banks into
core banking solution(CBS).
Out of total 380 banks,340 banks moved to CBS
C. Supervision:
NABARD conducted 296 inspections of RRB and cooperative
banks on behalf of the reserve bank of India during the year

8. Organizational Set Up
Dr. Harsh Kumar
Bhanwala
Chairman
NABARD head quarters is located at Mumbai

9. Subsidiaries of
NABARD

10. NABARD Consultancy Services(NABCONS)
 provides consultancy in all spheres of agriculture, rural
development and allied areas
 leverages on the core competence of the NABARD in the
areas of agricultural and rural development, especially
multidisciplinary projects, banking, institutional
development, infrastructure, training, etc., internalized for
more than two decades.
 registered under the Company's Act, 1956, with an
authorized capital of 250 million (US $5.75 million) and
paid up capital of 50 million (US $1.15 million).

11.  equity participation from NABARD, Govt. of Karnataka, Canara Bank, Union
Bank of India,Bank of Baroda, Dhanalakshmi Bank & Federal Bank
 a non-deposit taking NBFC registered with RBI
 operates throughout India
 provide financial services in two broad areas of agriculture & microfinance
 provides credit and other facilities for promotion, expansion, commercialization
and modernization of agriculture and allied activities
 engages in the business of providing micro finance services (with or without
thrift) and other facilities to needy and disadvantageous sections of the society
for securing their prosperity in both rural and urban areas.
 Targets to evolve into a model Microfinance Institution, operate with exemplary
levels of transparency and operate at reasonable / moderate rates of interest.
NABARD Financial Services Ltd (NABFINS)

12. Functions of
NABARD

13. Functions
Financial
Refinance
Direct finance
Developmental
Supervisory

14. Short term refinance:
 For using high yielding varieties of seeds, fertilisers, insecticides and costly agricultural
implements
 For increasing the production, productivity, marketing and raising the level of surplus
and savings.
 Production Credit Department (PCD) deals with ST refinance facilities, for various types
of production, marketing and procurement activities, being provided to client
institutions.
 Refinance is given for production purposes at concessional rate of interest to State
Cooperative Banks (SCBs) and Regional Rural Banks (RRBs) by way of sanction of
credit limits. Each withdrawal against the sanctioned credit limit is repayable within 12
months.
 A new refinance product for financing of PACS through PSBs & RRBs, wherever
Cooperative Banks are weak or not in a position to lend to PACS adequately, was
introduced during last year. (2011-12)
- FINANCIAL FUNCTIONS
- REFINANCE

15. Short term refinance (cont...)
 The ST limit would consist of different purposes viz
 Agriculture and Allied Activities
 Marketing of crops
 Fisheries Sector
 Industrial Cooperative Societies (other than weavers)
 Rural artisan including weavers members of
PACS/LAMPS/FSS,
 Purchases, Stocking and Distribution of Chemical
Fertilisers and
 other Agricultural Inputs on the basis of bank wise RLP
for respective purposes.
 The limit is sanctioned to RRBs and SCBs

16. MT Conversion:
 NABARD provides relief to farmers whose
crops are damaged due to natural calamities, by
way of
 conversion of current short term loans into
medium term loans and
 Re-phase / reschedule of existing MT
(Conversion) loans.
 Consolidated limit sanctioned to RRBs and SCBs
in respect of eligible DCCBs.

17. Long term refinance
• Loan Period: normally 3 to 15 years.
• Investment credit leads to capital formation through asset creation.
• It induces technological upgradation resulting in increased
production, productivity and incremental income to farmers and
entrepreneurs
• Artisans, small scale industries, Non-Farm Sector (Small and
Micro Enterprises), handicrafts, handlooms, power looms, etc.
• Activities of voluntary agencies and self help groups working
among the rural poor

18. LT refinance is intended to create income
generating assets in the following sectors:
 Agriculture and allied
activities such as
minor irrigation
• farm mechanisation
• land development
• soil conservation
• plantation/horticulture
• forestry
• fishery
• dairy
• storage and market yards
• bio-gas and other alternate
sources of energy
• sericulture
• apiculture
• animals and animal driven
carts
• agro processing
• agro-service centres, etc.

19. Long term refinance (contd)
Eligible Institutions
 State Co-operative Agriculture & Rural Development Banks
(SCARDBs)
 Regional Rural Banks (RRBs)
 State Co-operative Banks (SCBs)
 Commercial Banks (CBs)
 State Agricultural Development Finance Companies (ADFCs)
 Scheduled Primary Urban Co-operative Banks (PUCBs)
 North East Development Finance Corporation (NEDFC)
 Non-Banking Financial Companies (NBFCs)

20. Automatic Refinance Scheme (ARF)
Schemes formulated over the years have been categorized into 5
distinct and compact schemes.
 Composite Loan Scheme (CLS)
Under this scheme refinance is given to meet the block and /or
working capital requirements of small/micro enterprises. Max.
refinance of 10 lakh per unit.
 Integrated Loan Scheme (ILS)
Under this scheme refinance is given to block capital and
working capital for one operating cycle. Max. Refinance of 15
lakh per borrower.
ELIGIBLE SCHEMES FOR REFINANCE UNDER
NON-FARM SECTOR

21.  Self Employment Scheme for Ex-Servicemen (SEMFEX)
• From 15 January 1988
• Designed to provide a comprehensive package of credit for
encouraging ex-servicemen to undertake agricultural and allied
activities or to set up non-farm units in rural areas to earn their
livelihood for leading a dignified life.
• NABARD provides refinance assistance under ARF to eligible
banks for a wide spectrum of manufacturing, processing and
service sector activities under RNFS (Investment Credit).
 Soft Loan Assistance for Margin Money (SLAMM)
• To provide financial assistance to the prospective entrepreneurs
who have the requisite talent and skill of entrepreneurship but lack
necessary monetary resources to meet the margin requirement.

22.  Small Road and Water Transport Operators
(SRWTO)
• To provide the facilities for acquisition of
transport vehicles, which are to be used for
transportation of farm produce/industrial
products to rural/urban marketing centres
including passenger transport vehicle and water
transport units.
• Margin money assistance will be extended on a
very selective basis up to 10% of the cost of the
vehicle

23. Interest rates
 NABARD recently reduced the rate of interest for refinance
 With the objective to give a spur to investments in agriculture
 20 basis points(bps) on medium and long-term refinance facility
 50 bps on short term refinance facility
 New rate
 9.30 per cent for 5 years and above
 9.50 per cent for 3-5 years
 9.50 per cent for 18 months to 3 years period.
 Source: The Hindu, 14 Aug 2014

24. Interest rates (contd…)
 In addition to this the NABARD shall further give 50 basis points
reduction for area development projects and innovative activities which
enhances productivity of agriculture like green houses, drip and sprinkler
irrigation and precision farming.
 NABARD also slashed the rates of interest by 50 basis points i.e 10 per
cent per annum on short term loans to SCB and RRB for financing to
weavers cooperative societies, handloom development corporations and
marketing of crops.
 For the drawals above 50 crore the rate is 0.10 per cent lower than earlier.

25. 1. Loans for food processing units in designated food parks
2. Loans to warehouses, cold storage and cold chain
infrastructure
3. Credit facility to marketing federation
4. Rural infrastructure development fund
5. Direct lending to CCB’s
6. Financing and supporting producers organizations etc
- FINANCIAL FUNCTIONS
-DIRECT FINANCE

26. DEVELOPMENTAL FUNCTIONS
1) Institutional development
2) Farm sector
3) Non farm sector
4) Financial inclusion
5) Micro credit innovations
6) Research and development
7) Core banking solution to cooperative banks
8) Climate change

27.  Institutional Department has been initiating various
programmes and initiatives for strengthening of
cooperatives since 1982.
 Following major initiatives and supports are being
provided to Rural Credit Cooperatives to attain our goal
for evolving a sustainable Rural Financial System to
enhance ground level credit flow to farmers and others in
rural areas.
1.Institutional development

28. 2. Farm Sector
Farm Sector Development Department (FSDD)
 carved out of the erstwhile Development Policy Department - Farm
Sector.
 core function: implementation of various farm sector initiatives aimed at
 conservation and management of natural resources
 accelerating ground level credit flow by Rural Financial Institutions
 incremental agricultural production and productivity
 generating rural employment
 raising the standard of living of rural poor through credit and grant.
 The implementation of these programmes evolved over a period of time
through various policy initiatives is the responsibility of the Department.
Dealing with the operational issues emerging while implementing,
monitoring the programmes and providing feedback for policy
framing/improvement is a part of the task assigned to the Department.

29. 3.Non farm sector:
 Promotion of Rural Non-Farm Sector reduces over dependence on
agriculture of our rural population and to provide alternate
livelihood options.
 It also helps in arresting large-scale migration of small and marginal
farmers and agricultural labourers to urban areas in search of
livelihood opportunities on account of unemployment/disguised
employment in the agriculture sector
 The focus has been on greater credit flow, credit to the unreached
small, cottage and village industries, handloom, handicrafts and
other rural crafts and service sector in the decentralized sector in
the rural areas.
 Building an entrepreneurial culture and necessary skills among the
rural youth and women has also been a priority area for NABARD.
 Developing markets for the rural non-farm sector had been another
area.

30. 4.Financial inclusion
"the process of ensuring access to financial services and timely
and adequate credit where needed by vulnerable groups such as
weaker sections and low income groups at an affordable cost.”
In order to address the issues of financial inclusion, the
Government of India constituted a “Committee on Financial
Inclusion” under the Chairmanship of Dr. C. Rangarajan. The
Committee submitted its final report to Hon'ble Union Finance
Minister on 04 January 2008.
The Committee has recommended setting up of two funds -
Financial Inclusion Fund (FIF) and Financial Inclusion
Technology Fund (FITF). with Financial Inclusion Department
(FID) as the nodal department.

31. Prioritized activities / institutions for support from
Financial Inclusion Fund (FIF)
 Training and Capacity Building of the staff of cooperatives
including Primary Agricultural Cooperative Society (PACS)
 Training and Capacity Building of the staff of RRBs
/ Business Correspondents (BC) / Business Facilitators
(BF)
 Financial Literacy Centres by Cooperative Banks and RRBs.
 Financial Literacy Campaign/Programmes.
 Projects involving awareness at field level and support in
opening of accounts for micro insurance / pension.
 Generic content to be developed on Financial Literacy

32. Prioritized activities / institutions for support from
Financial Inclusion Technology Fund (FITF)
 Support to weak State Cooperative Banks (SCB) / Central
Cooperative Banks (CCB) / Urban Cooperative Banks (UCB) for
implementing Core Banking Solution (CBS).
 Support to SCBs / District Central Cooperative Banks (DCCBs) /
Regional Rural Banks (RRBs) for implementing Information and
Communication Technology (ICT) based solutions.
 Support for establishing ATMs for weak Cooperative Banks /
RRBs.
 ICT enabled Kisan Credit Cards (KCC) for both RRBs &
Cooperatives.
 Onboarding of Aadhaar Enabled Payment Systems (AEPS) for
RRBs / Cooperative Banks.

33. 5.Micro Credit Innovations
 NABARD provides capacity building assistance and financial support to its
partners for the promotion and broad basing of micro Finance operations.
 As part of its efforts to link larger number of SHGs to the banking system,
NABARD also focuses on training and sensitization of partner agencies,
through various interventions.
National Microfinance Conclave – 2014
 NABARD & SIDBI have jointly organized the conclave on 13th November
2014 in Mumbai
 The Conclave brought together the entire microfinance sector of the country;
Senior Executives of of from Public Sector Banks, Senior bureaucrats from
Government of India, NRLM and SRLMs, IBA, Chairmen of RRBs, CEOs
of Cooperative Banks, senior executives from the leading MFIs and
representative bodies of MFIs (MFIN, SADHAN, INAFI), NGOs, micro
finance practitioners, international donor agencies, technology service
providers, academicians, training institutions, etc.

34. 6.Research and development
 R&D Fund
 Established by the Bank, in accordance with the provisions of
the NABARD Act 1981, R&D Fund aims at acquiring new
insights into the problems of agricultural and rural
development through in-depth studies and applied research and
trying out innovative approaches backed up by technical and
economic studies.
 The R&D Fund is utilised for formulating policies on matters
of importance to agricultural operations and rural
development, including facilities for training, dissemination of
information and promotion of research by undertaking techno-
economic studies and other surveys in the fields of agriculture,
rural banking and rural development.
 Corpus of the R& D Fund is 50 crore.

35.  Grant support for:
 Research projects and studies.
 International, National and Regional Seminars/ Conferences/Symposia,
Workshops, etc.
 Occasional Papers and cost of other publications.
 Chair Units.
 Providing training for personnel of constituent banks.
 Summer Internship Programme.
 Training Institutes Supported Under R&D Fund
CAB, Pune,
BIRD, Lucknow, Mangalore & Bolpur
IIBM, Guwahati,
National Institute of Rural Banking (NIRB), Bangalore.
Contd…

36. 7.Core Banking Solution (CBS) to
Co-operative Banks
 Is one of the biggest initiatives towards institution building, NABARD has
facilitated the process of bringing the Co-operative Sector onto Core Banking
Solution (CBS) platform.
 A total of 201 State and Central Co-operative Banks with 6,945
branches from 16 states & 03 UTs of the country, viz. Punjab, Haryana, Gujarat,
Maharashtra, UP, Chhattisgarh, MP, Bihar, Karnataka, T.N, Kerala, Uttarakhand,
Sikkim, H.P, J& K, Arunachal Pradesh, Chandigarh, Puducherry and Andaman
& Nicobar joined the “NABARD initiated Project for CBS in Co-operatives”.
 Two vendors, viz. TCS and Wipro, have implemented the ambitious project
across the country. Of the 201 banks with 6,945 branches under NABARD
Project, all 201 banks and 6,945 branches are fully on CBS as on 13th October
2014.
 This includes 114 new branches which were directly opened on CBS platform.
Implementation of HO retail module of Kolar DCCB of Karnataka state is
underway.

37. Bringing the Co-operative Banks under Core banking Solution would provide the
following advantages
 · Bring them at par with the technological platform of the Commercial Banks
and also RRB and match up with these institutions in providing similar kind of
services in the hinterland of the country.
 · Transparency and regular reconciliation and balancing of books of account
to arrest pilferage.
 · Once the Banks are on a technology platform they will be in a position to
utilise technological solution furthering the financial inclusion initiative in rural
India
 · The customer of the Banks can avail facilities like Any Branch Banking, e-
transfer of funds to anywhere of the country, etc.
 · This will also enable GOI to transfer incentive/subsidy/other payments to
the account holders based on Aadhaar number.
 · Technological solution is expected to release staff members so that there will
be more follow-up with the customers and also help bring in new customers/
clients to the Banks thus improving the business portfolio.
 List of Participating Banks for CBS in Karnataka are 227

38. Climate change
 NABARD has been accredited by the Adaptation Fund Board
of UNFCCC(United Nations Framework Convention on
Climatic Change ) as National Implementing Entity (NIE) in
India.
The NIE bears full responsibility for the overall management of
the projects and programmes financed by the Adaptation Fund
and will bear all financial, monitoring, and reporting
responsibilities. The NIEs may appoint Executing Entities to
execute projects and programmes under its oversight.
Government Department, Research Institutions, Universities,
NGOs, etc. are eligible to submit projects directly to NIE
(NABARD) and to act as Executing Entities.

39. Supervision
 Section 35(6) of the Banking Regulation Act, 1949, empowers NABARD to
conduct inspection of State Cooperative Banks (SCBs), Central Cooperative
Banks (CCBs) and Regional Rural Banks (RRBs). In addition, NABARD has also
been conducting periodic inspections of state level cooperative institutions such
as State Cooperative Agriculture and Rural Development Banks (SCARDBs),
Apex Weavers Societies, Marketing Federations etc., on a voluntary basis.
SUPERVISORY FUNCTIONS

40. Objectives of Supervision
 To protect the interest of the present and future
depositors
 To ensure that the business conducted by these banks is
in conformity with the provisions of the relevant
Acts/Rules, regulations/Bye-Law
 To ensure observance of rules, guidelines, etc.,
formulated and issued by NABARD / RBI/
Government
 To examine the financial soundness of the banks and
 To suggest ways and means for strengthening the
institutions so as to enable them to play more efficient
role in purveying rural credit

42. Food Processing Fund–2014-15
 Government of India accorded top priority for the development of
the food processing industry in the country
 A Special Fund of Rs. 2000 crore from RBI to NABARD announced
by Finance Ministry during General Budget on 18 July 2014
 Make available affordable credit to agro-processing units being
designated as Food Parks.
 Financial assistance made available
 directly
 through consortium arrangements with other financing agencies.
 To State Governments, entities promoted by State/ Central
Governments, Joint ventures, Cooperatives, Federation of
Cooperatives, SPVs, Farmers’ Producers Organizations, Corporates,
Companies, Entrepreneurs, etc.

43.  Objective
 To provide impetus to development of food
processing sector on cluster basis in the country
to reduce wastage of agricultural produce and to
create employment opportunities, especially in
rural areas.
Food Processing Fund – 2014-15

44.  5000 crore allocated to NABARD in 2014-15 budget
 for supporting creation of infrastructure for storage of agricultural
commodities
 Reserve Bank of India (RBI) issued guidelines for creation of
Warehouse Infrastructure Fund (WIF 2014 -15) in NABARD.
 Extends loans to Public and Private sectors for construction of
warehouses, silos, cold storages and other cold chain infrastructure.
 To meet growing demand for scientific storage capacity for agricultural
commodities in the country and also in the wake of enactment of
National Food Security Act 2013
 Priority for projects proposed in Eastern and North Eastern states and
food grain deficit states.
Warehouse Infrastructure Fund–2014-15

45.  Setup in January, 2013
 Core objective: to facilitate issuance of cards by these banks through
guidance, co-ordination with National Payment Corporation of India
(NPCI), interaction with sponsor banks of RRBs and cooperative
banks.
 The overarching goal is to develop cash-less eco system by enabling the
farming community to avail all new banking facilities at par with urban
area of the country.
 SPU undertakes policy formulation, capacity building and networking
with various stake holders
 The new KCC guidelines specify that all KCC customers should have
the facility of withdrawal through ATM / Debit cards. NABARD, with
a view to facilitate early action in this direction, has already floated
schemes providing financial support to RRBs and cooperative banks for
issuing these cards.
Special Project Unit - Kisan Credit Card

46.  Financing and Developing PACS into multi-service centers
 Financing and supporting Producer Organizations
 Umbrella Programme for Natural Resource Management
 Warehousing Infrastructure
 Credit Facilities to Marketing Federations
 NABARD infrastructure development assistance
 Direct lending to CCB
 Core banking solution to CCBs
 Producer organization
 Participatory watershed management
 Self help group etc…
Other Initiatives

47.  Dairy Entrepreneurship Development Scheme
 Rural Godowns
 Agricultural and Marketing Infrastructure, Grading and
Standardization
 Installation Of Solar
 National Livestock Mission, etc..
Government Sponsored Schemes

48. NABARD’s initiatives – A Quick look
1. Rupee to RuPay
 NABARD supported cooperative
banks and RRBs for issuing
RuPay Kisan Credit Cards (KCC) to
farmers and
 provided point-of-sale terminals to
agri-input suppliers
 to allow farming community to
benefit from the dynamics of a
cashless system.
The first RuPay KCC card
 Launched by Dr Prakash Bakshi, Chairman, NABARD
 Issued by : Raigad District Central Co-operative Bank at Alibag, Maharashtra
 On: May 2013.
 In 2013-14, 15 lakh RuPay debit and 6 lakh RuPay Kisan cards were issued by
RRBs while 6 cooperative banks began issuing RuPay kisan cards.

49. 2. Cellphone Extension
 SMS-based crop advisory, weather
forecasts and mandi prices
 Under the Farmers’ Technology
Transfer Fund (FTTF), NABARD
in co-ordination with the Reuters
Market Light
 to enhance farm productivity
 to members of Farmers’ Clubs in 13
states.
3. Empowering Rural Women
 Self Help Group Bank Linkage Programme
 rural households -> Self Help Groups ->
Banking System
 world’s largest micro-credit programme
• ~103 million rural households
• 7.96million Self-Help Groups (SHGs).
 next level - SHG 2 will focus on livelihoods
and women SHGs in the Left Wing
Extremism-affected districts.

50. 4. Rural Infrastructure Key to Rural Development
 Under Rural Infrastructure Development Fund (RIDF),
NABARD financed 5.08 lakh projects in 29 states with a loan
assistance of Rs 1,62,083 crore.
 Result:
+ 3.56 lakh kms of rural roads
+ 8.10 lakh meters of rural bridges
+ 200 lakh hectare of additional irrigated area.
+ 28,699 anganwadi centers
+ 19,986 primary schools
+ 12,912 public health facility centers
+ launching of 12,170 drinking water schemes
in rural India. 5. Financial Inclusion for Promoting Inclusive Growth
 Financial Inclusion Fund (FIF) promoting financial
literacy through
• audio-visual medium,
• folk arts
• setting up of Financial Literacy Centers by RRBs &
Co-operative Banks.
 Financial Inclusion Technology Fund (FITF)
• helped RRBs migrate to Core Banking Solutions
(CBS) platform
• supported ICT-based Business Correspondent
model

51. 6. Promoting farm productivity
Farm Innovation and Promotion Fund
(FIPF)
 Systemic Rice Intensification (SRI)
method of cultivation of paddy and
lead crops
 enhancing farm productivity and
reducing the cost of cultivation
through a pilot project involving 1.42
lakh farmers in 13 states.
7. Tech-savvy Co-operative Banks
working towards a fully tech-enabled
environment for Co-operative Banks
by helping them adopt the CBS platform
on par with commercial banks and RRBs.

52. 8. The Power of Green
 NABARD’s green initiatives range from
• financing India’s first 1MW canal-top solar-power project under
NABARD Infrastructure Development Assistance (NIDA) in
Gujarat to
• installing rooftop solar-power units for energy generation and
conservation at its head office.
 promoted use of solar energy in rural areas under
• Umbrella Programme for Natural Resources Management
(UPNRM)
• Jawaharlal Nehru National Solar Mission (JNNSM)
9. Fruits of Development for Tribals
 To provide sustainable livelihoods to
marginalized tribal families
 implemented a horticulture-based
“Wadi” programme.
 covered 3.63 lakh acres benefiting 4.15
lakh tribal families living in hills and
forests in 26 states.

53. 10. Government-sponsored Programmes:
A big Draw NABARD has implemented several
government-sponsored subsidy programmes that
include
• rural godowns,
• agri-market infrastructure,
• small ruminants,
• dairy, poultry, piggery,
• rural slaughter houses, etc.,
helping the beneficiaries in a big way.
11. Skill Development for Employment Generation:
 Rural Entrepreneurship Development
Programmes(REDPs) supported by NABARD
through
• Community Based Organizations (CBOs),
• Rural Self-employment Training Institutes (R-
SETIs)
 helped the unemployed rural youth develop skills,
enabling them to
• set up their own enterprises or
• find wage employment.

54. 12. Watershed Development in
Distressed Districts:
• implemented 1,712 watershed
programmes
• in 31 distressed districts across four
states – A.P, Gujarat, Maharashtra and
Rajasthan.
• treatment of 1.78 million hectares of
land
• estimated cost: Rs 1,690 crore.
13. One-stop Shop for Farmers
The Primary Agriculture Credit Societies (PACS) are grassroots-level organizations
catering to the needs of villagers and farmers.
• To increase their profitability and viability
• NABARD introduced a new scheme for converting PACS into multi-service centers.
• Apart from disbursement of crop loans, PACS now offer other services, including
+ supply of seeds, fertilizers, pesticides,
+ agri-equipment for hire,
+ storage facilities
+ marketing support to farmers.

55. 14. Of the Farmers, By the Farmers, for the Farmers
 Supported 1.27 lakh
• Farmers’ Clubs &
• Voluntary and informal associations of farmers
 helping
• transfer of technology,
• credit facilitation,
• timely repayment,
• market advocacy
for the farming community.

57. REFRENCE:
https://www.nabard.org