Page 3 - Nabard

FM's Day 3 stimulus: Agriculture, allied activities get Rs 1.5-trn package

Opposition, experts say measures do nothing for farmers facing income loss

Govt pumps Rs 30,000 crore into Nabard, offers Rs 2-trn loan to farmers

Brings 25 million farmers under concessional loan scheme; experts say these measures do nothing to address basic problem of low farm prices and falling demand

We are expecting a vibrant crop production this year: Nabard chief Bhanwala

Harsh Kumar Bhanwala, Chairman, Nabard, in a telephonic interview with Namrata Acharya shares his insights about the present state of agriculture and other rural sectors

Nabard to review fundings of Regional Rural Banks, co-op banks on April 20

To tap RBI refinance window for funding to RRBs etc

RBI measures sufficient, not substantial; Guv doing balancing act: Experts

RBI governor is walking a tightrope, says a former chief statistician

Centre allows industry, road work and MGNREGA to start in rural India

Experts say unless the implementation is monitored properly at the ground level, much of the easing out could just remain on paper

CCEA okays formation of 10,000 FPOs by 2024 with Rs 4,496 crore outlay

The scheme also envisages a further committed liability of Rs 2,369 crore for 2024-25 to 2027-28 period towards hand-holding of each FPO for five years from its aggregation and formation

UP farm sector credit flow estimated at Rs 2.94 trillion in FY20-21

The estimates are 9.7% higher compared to Rs 2.68 trillion in FY20

NABARD estimates Rs 34,421 crore credit potential for Chhattisgarh

NABARD Chief General Manager M Soren informed that the total credit potential for Chhattisgarh for the financial year 2020-21 is Rs 3977.59 crore ahead of previous year's projection of Rs 30443.79 cr

Measures in Sitharaman's Budget 2020 will give impetus to rural economy

The Budget announced for farmers, comprising 16 action points, will definitely boost the agriculture sector

Budget 2020: Govt sets agriculture credit target at Rs 15 trillion for FY21

In her second Budget presentation, the Finance Minister also said Nabard refinance scheme will be expanded.

Nabard pegs 20% hike in Odisha's credit potential, at Rs 90,395 cr

Credit potential in agriculture is 48% of total priority sector. Of this, 93% is estimated under farm credit consisting of crop loans and term loans for agriculture and allied activities

Govt extends tenure of NABARD chief Harsh Kumar Bhanwala by six months

Bhanwala was in December 2013 appointed as the chairman of the National Bank for Agriculture and Rural Development

Govt's agri-research body, Nabard sign deal for transfer of farm technology

Under the MoU, ICAR through its large network will support the training and capacity building of channel partners and NABARD officers.

Have headroom to raise Rs 35,000 cr to fund business growth: Nabard chief

The National Bank for Agriculture and Rural Development raises funds through long term bonds, usually of 10-15 years tenures

Modi govt to seek Nabard help for J&K's saffron, peach, walnut producers

To ensure better price to the farmers of newly created union territory of Jammu and Kashmir, Finance Minister Nirmala Sitharaman on Tuesday said the government will seek help of NABARD in procuring farm produce like saffron, peaches and walnuts from them. Also, she said, the government wants to promote solar energy generation in the union territory (UT) of Ladakh, which is also carved out of the erstwhile state of Jammu and Kashmir. The government has recently procured apples from the farmers of UT of Jammu and Kashmir (J&K) through National Agricultural Cooperative Marketing Federation of India (NAFED). "Now I'm ensuring that I will take the chairman of NABARD to J&K even if it's winter now because I want ... the next crop of saffron, peaches and walnuts and other agri produce of J&K to get that kind of support which through NABARD the central government can extend to Jammu and Kashmir," she said at an event organised by National Bank for Agriculture and Rural Development

FM Sitharaman advises farmers to produce oilseeds, which are high in demand

Finance Minister Nirmala Sitharaman on Tuesday urged farmers to produce oilseeds in place of other crops as India particularly imports edible oil and palm oil."We are telling farmers which crops will give them a better price in the area. We are also telling them what all crops can be irrigated or cannot be irrigated on the rain-fed land," she said while addressing the sixth World Congress on Rural & Agriculture Finance in New Delhi."The support price may be given for other things but please do produce oilseeds because they have a great demand in India. Edible oil consumption is also a matter of great concern, as we still import quite a lot quantity particularly palm oil," she said.The Union Minister also requested National Bank for Agriculture and Rural Development (NABARD) Chairman Dr Harsh Kumar Bhanwala to visit Jammu and Kashmir to ensure that the farmers get the correct price of their produce in the next season."You are aware that recently we used NAFED to procure apples ...

Nabard is shortlisting start-ups, first deal in 2 months: Harsh Bhanwala

Start-ups have approached us, and we are in the process of identifying them based on their innovation, he said

Nabard to raise Rs 55,000 crore from market for rural development schemes

The financial institution raises funds through long term bonds - usually of 10-15 years tenures

Nabard to switch to risk-based supervision of co-operative banks, RRBs

It will first conduct such exercise on pilot basis and then scale up to cover 400 entities under its supervisory ambit