NABARD గురించి మీరు తెలుసుకోవాల్సిన కొత్త విషయాలు.... Don't Miss...

NABARD stands for National Bank for Agriculture and Rural Development. It is a premier development bank in India, responsible for promoting sustainable and equitable agriculture and rural development. Here's a brief overview: 🏦 NABARD Overview Full Form: National Bank for Agriculture and Rural Development Established On: 12 July 1982 Headquarters: Mumbai, Maharashtra Parent Organisation: Ministry of Finance, Government of India 🎯 Key Objectives Rural Development: Promote and finance rural development projects including agriculture, small industries, and handicrafts. Credit Planning: Coordinates rural credit systems and ensures timely and adequate flow of credit. Financial Inclusion: Supports banks and cooperative societies in rural areas to reach underserved communities. Capacity Building: Trains institutions involved in rural credit delivery. 🔧 Major Functions Function Type Description Refinance Provides refinance to banks (like RRBs, Co-op Banks) for rural development Development Promotes innovations, research, and capacity-building in agriculture Supervisory Monitors and inspects rural financial institutions Infrastructure Funding Finances rural infrastructure through RIDF (Rural Infrastructure Development Fund) 📌 Key Schemes by NABARD Rural Infrastructure Development Fund (RIDF) Producer Organizations Development Fund (PODF) Microfinance through SHGs (Self-Help Groups) Financial Inclusion Fund Climate Resilient Agriculture Projects 🌱 Importance Supports nearly 70% of India’s rural population that depends on agriculture. Encourages sustainable development, women empowerment, and rural entrepreneurship. Acts as a link between the government, RBI, and rural banks.