NABARD TAKING RURAL INDIA FORWARD
Aug 09, 2019
3 minutes
NABARD is India’s apex development bank, formed by an Act of Parliament in 1982 and wholly owned by the Government of India (GoI). Its mandate is to promote sustainable and equitable agriculture and rural development. NABARD’s activities can be broadly categorised into three heads: Financial, Developmental and Supervision. Through these initiatives, the institution touches almost every aspect of rural economy.
FINANCE ROLE
NABARD provides refinance to banks for financing farmers and rural entrepreneurs for their production needs as well as investments. During FY
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