WELCOME

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.

MOKSHA V

PALB 4126

Jr. M.Sc.Ag in AgMaCo

VENUPRAVEEN K C

PALB 4096

Jr. M.Sc.Ag in AgEcon

Presented By :

CONTENTS:

GENESIS

MISSION

HIGHLIGHTS OF 2013-14

ORGANISATIONAL SETUP

SUBSIDIARIES

FUNCIONS

INITIATIVES

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

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%).

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

Highlights of 2013-14A. 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 CBSC. Supervision: NABARD conducted 296 inspections of RRB and cooperative banks on behalf of the reserve bank of India during the year

Organizational Set Up

Dr. Harsh Kumar BhanwalaChairman

NABARD head quarters is located at Mumbai

Subsidiaries of NABARD

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).

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)

Functions of NABARD

Functions

Financial

Refinance

Direct finance

Developmental

Supervisory

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

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

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.

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

LT refinance is intended to create income generating assets in the following sectors:

Agriculture and allied activities such asminor 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.

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) 

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

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.

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

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

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.

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

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

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

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.

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.

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.

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

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.

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.

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.

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…

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.

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

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.

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

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

of NABARD

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.

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

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

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

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

Dairy Entrepreneurship Development Scheme

Rural Godowns

Agricultural and Marketing Infrastructure, Grading and Standardization

Installation Of Solar

National Livestock Mission, etc..

Government Sponsored Schemes

NABARD’s initiatives – A Quick look1. Rupee to RuPay NABARD supported cooperativebanks 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.

2. Cellphone Extension SMS-based crop advisory,

weather forecasts and mandi prices

Under the Farmers’ Technology

Transfer Fund (FTTF), NABARDin co-ordination with the ReutersMarket 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.

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 schemesin 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

6. Promoting farm productivityFarm 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 Banksworking towards a fully tech-enabled environment for Co-operative Banks by helping them adopt the CBS platform on par with commercial banks and RRBs.

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.

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.

12. Watershed Development inDistressed 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 FarmersThe 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.

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.

REFRENCE:

https://www.nabard.org

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