What We Do

Deendayal Antyodaya Yojana – National Rural Livelihoods Mission (DAY-NRLM)

The Ministry of Rural Development (MoRD), Government of India launched the National Rural Livelihood Mission (NRLM) by restructuring Swarnajayanti Gram Swarojgar Yojana (SGSY) with effect from 01.04.2013 (RBI Circular No. RBI/2012-13/559 dated 27 June 2013).

NRLM was renamed as DAY-NRLM (Deendayal Antyodaya Yojana - National Rural Livelihoods Mission) w.e.f. March 29, 2016 and is the flagship program of Govt. of India for promoting poverty reduction through building strong institutions of the poor, particularly women, and enabling these institutions to access a range of financial services and livelihoods services.

NABARD is implementing the Interest Subvention Scheme for Women SHGs under DAY-NRLM for RRBs and Cooperative Banks.

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Administering Schemes for Sugar Farmers

a. Financial Assistance to Sugar Mills for Augmentation of Ethanol Production Capacity.

The Central Government with a view to increase production of ethanol and its supply under Ethanol Blended with Petrol (EBP) Programme, especially in the surplus season and thereby to improve the liquidity position of the sugar mills, enabling them to clear cane price arrears of the farmers, has notified the following schemes:

(i) Scheme for extending Financial Assistance to Sugar Mills for Enhancement and Augmentation of Ethanol Production Capacity-2018-19

(ii) Schemes for extending Financial Assistance to Sugar mills & Molasses Based standalone distilleries for enhancement and augmentation of ethanol production capacity – 2018-19

(iii) Scheme for extending financial assistance to project proponents for enhancement of their ethanol distillation capacity or to set up distilleries for producing 1st Generation (1G) ethanol from feed stocks such as cereals (rice, wheat, barley, corn & sorghum), sugarcane, sugar beet, etc. - 2021

Interest Subvention @ 6% per annum or 50% of the rate of interest, whichever is lower, on the loans to be extended by bank shall be borne by the Government of India for five years only, including one year moratorium period.

Department of Food and Public Distribution, Ministry of Consumer Affairs and Food & Public Distribution is the nodal Department for the above mentioned Schemes. NABARD has been appointed as the Nodal Agency for channelizing interest subvention under these flagship programmes.

As on date, DFPD has given approval to 1141 Sugar mills out of which NABARD has received claims of 178 sugar mills/distilleries out of which claims amounting Rs.488.40 Cr. has already been released.

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b. Sugar Soft Loan Scheme 2018-19

The Government of India introduced the scheme of soft loans to sugar mills to facilitate payment of cane dues of farmers for the sugar season 2018-19. NABARD is the nodal agency for implementing the interest subvention under the scheme. Under the scheme, interest subvention is available for a maximum period of one year at 7% simple interest or at the actual rate charged by banks (whichever is lower) on loans sanctioned by them to sugar mills for clearing the cane due arrears of farmers. As on date an amount of Rs.517.87 Cr. was released to lending banks as interest subvention under the scheme.

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