Specify the role of NAMBARD in facilitating micro financial schemes.

Role of NABARD in facilitating micro financial schemes;

It is an apex institution which has power to deal with all matters concerning policy, planning as well as operations in giving credit for agriculture and other economic activities in the rural areas.

it is a refinancing agency for those institutions that provide investment and production credit for promoting the several developmental programs for rural development.

It is improving the absorptive capacity of the credit delivery system in India, including monitoring, formulation of rehabilitation schemes, restructuring of credit institutions, and training of personnel.

It co-ordinates the rural credit financing activities of all sorts of institutions engaged in developmental work at the field level while maintaining liaison with Government of India, and State Governments, and also RBI and other national level institutions that are concerned with policy formulation.

It prepares rural credit plans, annually, for all districts in the country.

It also promotes research in rural banking, and the field of agriculture and rural development

ACHIEVEMENTS

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