NABARD ensures a steady flow of credit to agriculture and rural sectors by providing refinance to banks and financial institutions, thereby facilitating economic activities and growth. Access to credit enables farmers and agricultural enterprises to invest in modern technologies, inputs, and infrastructure, leading to higher production and productivity. The availability of credit also supports the establishment and expansion of off-farm businesses and agricultural enterprises, creating job opportunities and increasing income for rural households. Through a variety of short-term, medium-term, and long-term refinance options, NABARD ensures financial institutions have the necessary resources to extend credit to farmers, agricultural enterprises, and off-farm businesses. This, in turn, stimulates capital formation in agriculture, leading to increased production, productivity, and income for rural households.
Additionally, the Direct Refinance Assistance (DRA) provided to district central cooperative banks (DCCBs) significantly enhances credit availability for rural populations. NABARD’s refinance interventions play a crucial role in strengthening agricultural growth, thus contributing substantially to the economic advancement and well-being of rural India.
(233.90) (20,72,422)
(0.16) (1,686)
(4.56) (2,24,974)
(23.00) (14,13,306)
(40.70) (13,01,143)
(55.22) (12,34,671)
(0.05) (1,229)
(69.38) (11,68,032)
(21.90) (2,41,855)
(3.72) (1,13,929)
(19.18) (3,11,974)
(147.26) (35,33,752)
(129.47) (9,14,363)
(186.25) (35,90,852)
(80.84) (34,86,684)
(0.08) (10,744)
(0.46) (41,540)
(0.08) (20,229)
(0.08) (3,678)
(179.85) (29,05,787)
(0.01) (4,177)
(82.29) (8,21,671)
(164.22) (34,88,652)
(0.08) (1,926)
(158.80) (19,55,777)
(100.67) (19,09,336)
(2.20) (98,796)
(73.74) (52,51,579)
(12.24) (2,38,978)
(40.33) (18,42,818)
(0.80)
(1,831.53) (3,82,06,561)