NABARD | Origin | Objectives | Functions | Achievements. Home · Finance. NABARD to cooperate banks. The role of RBI in agricultural credit was appreciated. National Bank for Agriculture and Rural Development (NABARD) Functions. Promotional Role. Rural Non Farm Sector; Farm sector – Water shed. Its main function is to provide refinance for rural credit disbursed by the State Co-operative Banks, the Regional Rural Banks and other financial institutions as may be approved by the RBI. The important functions of NABARD are as follows: Promoting research in agriculture and rural development.


Author: Verner Torphy
Country: Bhutan
Language: English
Genre: Education
Published: 27 March 2016
Pages: 119
PDF File Size: 13.69 Mb
ePub File Size: 15.65 Mb
ISBN: 561-9-88859-718-1
Downloads: 51668
Price: Free
Uploader: Verner Torphy



To serve as an apex financing agency for the institutions providing investment and production credit for promoting various developmental activities in rural areas; 2. To take measures towards institution building nabard role and functions improving absorptive capacity of the credit delivery system, including monitoring, formulation of rehabilitation schemes, restructuring of credit institutions and training of personnel; 3.

To coordinate the rural financing activities of all institutions engaged in developmental work at the field level and liaison with the Government of India, the State Governments, the Reserve Bank and other national level institutions concerned with policy formulation; and 4. These organizations help NABARD by advising and giving nabard role and functions aid for the upliftment of the people in the rural areas and optimising the agricultural process.

Role of NABARD in Development of Rural India

Despite all this, it pays huge taxes too, to the exchequer — figuring in the top 50 tax payers consistently. For this purpose during the yearit disbursed Rs.

During the yearNABARD also introduced a 10 point action programme for rehabilitation of weak primary nabard role and functions development banks and branches of state land development banks.

The action program was with regard to: Even the institution such as Agricultural Refinance Corporation could not provide the required amount of refinance.

A decision was taken to delink agricultural finance from RBI and to set up a separate institution to provide agricultural finance.

The subscribed and paid up capital as of March is Rs. In addition to this a loan of Rs. As the name suggests, the bank has been set up not only for agricultural finance, but also for the development of rural areas.

nabard role and functions

It nabard role and functions provides all necessary finance and assistance to small scale industries. Provide financial support for the training institutes of cooperative banks, commercial banks and Regional Rural Banks. The purpose of this initiative is to encourage banks to lend funds to self-help groups.

  • National Bank for Agriculture and Rural Development - Wikipedia
  • Role and Functions of NABARD - Banking Study Material & Notes
  • NABARD: Functions, Roles & Achievements
  • NABARD: Functions, Roles & Achievements
  • Top Ten Members

Since these self-help groups mainly constitute women, they have become an essential Indian tool for microfinance. Under this program, 3. In addition to this, NABARD has also undertaken nabard role and functions Natural Resource Management programs which cover several avenues such as watershed development, nabard role and functions development and agricultural innovation through dedicated funds created for this purpose.

NABARD undertakes to make sure that a strong credit distribution system is in place to provide rural credit that can suffice and support the growing and diversifying credit requirements for agriculture and rural development.