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NABARD's role in rural development in India is phenomenal. [30] The credit flow to agriculture activities sanctioned by NABARD reached Rs 1,57,480 crore in 2005–2006. [citation needed] Through assistance of the Swiss Agency for Development and Cooperation, NABARD set up the Rural Innovation Fund.
Joint liability groups are a concept established in India in 2014 by the rural development agency, National Bank for Agriculture and Rural Development (NABARD) to provide institutional credit to small farmers. [1] [2]
NABARD – National Bank for Agriculture and Rural Development. 1.6 6. SIDBI – Small Industries Development Bank of India. 1.7 7. NHB - National Housing Bank. 1.8 8 ...
The Kisan Credit Card (KCC) scheme is a credit scheme introduced in August 1998 by Indian public sector banks to issue kisan credit card to the farmers of India.This model scheme was prepared by the National Bank for Agriculture and Rural Development (NABARD) on the recommendations of the R. V. Gupta Committee [1] to provide advances for agricultural needs.
Nabard may refer to: Nabard Metro Station in Tehran, Iran; Nabard Shahrekord F.C. in Shahrekord, Iran; National Bank for Agriculture and Rural Development in India
In 2018, NABARD sanctioned 12,773 crore to Maharashtra for 26 projects. [5] The LTIF has identified 99 projects to fund in 18 states. In addition, it funds the Polavaram National Project in Andhra Pradesh and North Koel Reservoir Project in Bihar and Jharkhand. [6]
India: Industrial Development Bank of India (IDBI), Industrial Finance Corporation of India (IFCI), Small Industries Development Bank of India (SIDBI), National Bank for Agriculture and Rural Development (NABARD), Export-Import Bank of India (EXIM), National Housing Bank (NHB), National Bank for Financing Infrastructure and Development (NaBFID)
It also includes a range of services to the sector, including locker facilities, bank guarantee, bills, letter of credit, insurance, ancillary services, deposit schemes and loan schemes. The Bank is financed by NABARD and the Department of Cooperation, West Bengal. The Bank is based in Kolkata, West Bengal. [2]