IAS Gyan

Daily News Analysis


8th December, 2021 Agriculture


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  • National Bank for Agriculture and Rural Development (NABARD) has projected a credit potential of Rs 36,292 crore for the state of Assam for the financial year 2022-23.


  • National Bank for Agriculture and Rural Development (NABARD) is an apex regulatory body for overall regulation of regional rural banks and apex cooperative banks in India.
  • It is under the jurisdiction of Ministry of Finance.
  • The bank has been entrusted with "matters concerning policy, planning, and operations in the field of credit for agriculture and other economic activities in rural areas in India".
  • NABARD is active in developing & implementing Financial Inclusion.
  • NABARD was established on the recommendations of B.Sivaramman Committee