NABARD
– An Overall Overview - For aspiring candidates – for an examination or actually
an interview. Purely as a General Guideline only.
Dinesh
K Kapila
Some youngsters
have been mailing / messaging on this issue. Seeking guidance and tips. Some consultants
have also been requesting. Now normally in an interview the effort is more to
present in a codified and consolidated manner your views and analysis. Hence
this may help, rather than respond individually each time, which is an effort, I
have consolidated my views. As a retired officer I do oblige individually but
responding and modifying the list was a concern, plus the time required, hence
I have consolidated it broadly. Aspiring Candidates / Coaching Centres and Consultants
may edit and add / subtract on their own, this can be the base. But kindly do your own research and read the
Annual Report / Visit the website etc, this is just a listing out to enable the
ease of absorption. I again emphasise,
do your own research and homework as changes do occur in in the form /
structure of some products etc.
1. Poverty
Alleviation and Development.
- Consultant
/ Advisor to the GOI and State Governments as appropriate and within its ambit.
- Maintaining a close liaison and coordination
with the GOI / State Government / RBI and important stakeholders.
- District
Wise Crucial Nodes by way of DDMs to monitor the impact of credit and
developmental interventions. and to contribute to the efforts for development.
- Planner
by way of State Focus Paper and PLPs (Potential Linked Credit Plans) for
Economic Growth.
- Launching
Micro Credit Programmes (SHGs / JLGs) and Income Generation Training / Skill
Development for the unreached segment.
- Grant
support for institutions promoting SHGs and JLGs.
- NABARD has the Reach
through the varied institutions and programmes through the RSETIs, MEDPs and
LEDPs – essentially Entrepreneurship / Self Employment driven programmes.
- Essentially has the institutional
long term view and vision for the sense of direction and growth across regions
and states, particularly rural India.
- Repository of knowledge and data / information on Rural
India and credit institutions.
- Has an effective economic research
team to monitor / evaluate / study the developments in regions and the
effectiveness of its programmes. And to study indebtedness etc.
- Selective Support for
Incubation Centres and the like at Agricultural Universities and Major Educational
Institutions for encouraging Start Ups and Entrepreneurship
2. Financial
Inclusion.
- Custodian
we can so affirm of the Financial Inclusion Fund and Monitoring the
impact.
- Developing
Products for purveying grants to the Banking System to strengthen and upgrade
the technological base of Banks and particularly RFIs and Financial Inclusion–
CBS, Issuance of Rupay KCC Cards, Connectivity through Internet (Solar VSat),
Financial Literacy Camps etc.
- Grant
Support for Financial Literacy Centres to CBs, Cooperative Banks and RRBs.
- Developing
Literature on GOI initiatives and the need for Financial Inclusion.
- Reaching
Out to the cross section of society, across Gender, Caste, Community etc.
- Training
Support from NABARD for Business Correspondents and such initiatives for
extending the reach of the formal Banking System.
- Support
to NGOs / PRIs / PACS and RFIs for initiatives such as Bank Sakhi, Financial
Literacy etc.
- Promoting
subsidiaries such as NABFINS and NABKISAN and NABSAMRUDHI for expanding the
reach of credit coupled with development.
3. Capacity
Building for Agriculture Development.
- Grouping
Farmers for access to Knowledge Inputs through Farmers Clubs.
- Exposure
Visits of Farmers to Universities, Progressive Farmers etc.
- Initiatives
on Farmers Producer Companies including grant support.
- Supporting
Seminars / Workshops focused on Agriculture Development as also Agriculture
Universities and KVKs.
- Developing close linkages with stakeholders and
developing an index of costing of Agriculture investments.
- Developing
Concepts such as Wadi Development, Watershed Development. Spring shed development.
- Policy
Interventions and Development with Stakeholders.
-
Coordinating and Monitoring the PM Fasal Bima Yojna and other related
initiatives.
- Supporting
/ Conceiving / Planning Climate Change Projects.
- Holistic development of Agriculture in
Tribal areas.
4. Developing
Rural Infrastructure.
- Support from the Rural Infrastructure Development Fund
for Rural Infrastructure – Social and Agricultural Infrastructure - Roads,
Bridges, Market Yards, Seed Farms, Drinking Water, Irrigation Projects,
Precision Agriculture etc.
- Launched - NIDA – NABARD Infrastructure Development
Assistance – An alternative product focused on State Owned Corporations as a
supplement to the RIDF for commercial infrastructure such as warehouses etc.
- Assessing the need for particular projects district wise and
sharing with Governments.
- Supporting Innovative low cost infrastructure projects for
replicable initiatives through the Rural Infrastructure Innovation Fund.
- Liaison with the GOI for financial
support to Large incomplete irrigation projects and also for micro irrigation
projects.
5. Rural Credit Institutional Development.and
Supervision
- Focused Attention through the Institutional Development Department
focused on Cooperative Banks and RRBs. Supplemented by its Department of
Supervision.
- Capacity Building through Training Institutes such as BIRD and support to
Cooperative Training Centres.
- Presence on the Boards of Cooperative Banks and RRBs and close assessment
of results and policies.
- Initiatives such as the ODI (Organisation Development Initiative) and
conceptualizing and implementing programmes to revitalize Banks through policy,
grant, soft loan interventions.
-
Supervision of RRBs and
Cooperative Banks and close liaison with the RBI for ensuring their functioning
as effective banking entities and their compliance with existing statutes.
-
Effective knowledge support and sharing through its own training
establishments for stakeholders across all hierarchies.
6. Refinance.
- Maintaining products and funds catering to varied banking systems, both Long
Term and Short Term, LT for CBs / SFBs and LDBs plus RFIs and MFIs, ST for CCBs
and RRBs. Support is both for crop loans and investment credit.
- Refinance aims to enable smooth credit flow to be channelized to
farmers for cropping needs and creating infrastructure at the field level.
- Refinance is closely aligned with Institutional Development and Regional
Analysis for ensuring growth with stability and equity across
regions.
- The
Focus of refinance products is largely on the Small and Marginal Farmer.
-
Rates of interest and quantum of refinance are linked to the priority at the
national level.
-
Promoting a subsidiary - NABCONS for supporting the development of projects,
project reports and monitoring.
7. Government
Supported Programmes (GSP).
- Essentially a pass through agency of the GOI and Monitoring Agency of the
GOI.
- Coordinating with Government Line Departments and Banks on ensuring smooth
flow of the sanction process of the products and lodging of claims
etc.
- These are schemes which are focused (and it may change year to year) on Solar
Lighting and Systems, Agriclinic and Agri Business, Support to the Dairy
Sector, Small Ruminants, Warehousing, Grading and Packaging of Agri Products
etc.
- Support for Awareness Creation and Workshops for the developmental products
of the GOI.
8. Government
Social Sector Programmes.
- These are Government Programmes for Social Security such as the PMJJY, PMSBY,
APY for ensuring medical security, compensating for death or accidents and
ensuring pension in old age.
- The PMJDY aims for inclusive financial inclusion of the unreached segment and
for access to government grants directly by direct transfer.
- These are partially self contributing schemes with support of the GOI.
- NABARD provides a platform to bring together the Insurance Companies
and particularly the RFIs.
-
Monitoring is vested with NABARD for RFIs. Coordinating with SLBC, CB’s
etc is also a responsibility.
- Coordinating with Government and Banks for
programmes such as MUDRA, Start Up India, Stand Up India.
RFIs
Rural Financial Institutions
CBs
Commercial Banks
RRBs
Regional Rural Banks
CCBs
Cooperative Banks
JLGs
Joint Liability Groups
SHGs
Self Help Groups
GOI
Government of India
SFBs
Small Finance Banks
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