News:National Bank for Agriculture and Rural Development(NABARD) has sanctioned Rs 400 crore to UT of J&K under Rural Infrastructure Development Fund(RIDF). Facts: About RIDF: The Rural Infrastructure Development Fund(RIDF) was set up by the Government of India in 1995-96 for financing ongoing rural Infrastructure projects. The Fund is maintained by the National Bank for Agriculture… Continue reading Rural Infrastructure Development Fund(RIDF)
Tag: NABARD
First tripartite Memorandum of Agreement(MoA) signed under Fisheries and Aquaculture Development Fund(FIDF)
News:The first tripartite Memorandum of Agreement has been signed between the department of Fisheries Government of India, NARBARD and the Government of Tamil Nadu for the implementation of Fisheries and Aquaculture Development Fund(FIDF). Facts: About Fisheries and Aquaculture Development Fund(FIDF): The Fisheries and Aquaculture Infrastructure Development Fund (FIDF) has been formed in 2018. The main… Continue reading First tripartite Memorandum of Agreement(MoA) signed under Fisheries and Aquaculture Development Fund(FIDF)
Farmers Clubs Programme
News:Government has informed the Lok Sabha that there are around there are 24321 active Farmers clubs existing in different States/UTs. Facts: About Farmers clubs: The Farmers Clubs programme which was earlier known as Vikas Volunteer Vahini(VVV) Programme was launched by NABARD in 1982. The Programme was renamed as Farmers’ Club Programme in 2005 by revisiting… Continue reading Farmers Clubs Programme
Nabard announces ₹ 700-cr venture capital fund for agri, rural startups
The National Bank for Agriculture and Rural Development (NABARD) has announced a Rs 700-crore venture capital fund for equity investments in agriculture and rural-focused startups. The fund has been launched by Nabventures.It is a subsidiary of NABARD and has a proposed corpus of Rs 500 crore. The fund will have a high impact as it… Continue reading Nabard announces ₹ 700-cr venture capital fund for agri, rural startups
RBI sells entire stake in NHB, Nabard to govt. for ₹ 1,470 cr. in total
The Reserve Bank has divested its stake in National Housing Bank (NHB) and National Bank for Agriculture & Rural Development (Nabard), by making them fully government-owned. This move is part of ending the cross-holding in regulatory institutions and follows the recommendation of the second Narasimham committee report of October 2001.The Narasimham panel had said RBI… Continue reading RBI sells entire stake in NHB, Nabard to govt. for ₹ 1,470 cr. in total
India signs agreement to set agriculture institute in Malawi
India has signed a memorandum of understanding (MoU) with the National Bank for Agriculture and Rural Development Consultancy Service (NABCONS) for setting up the India-Africa Institute of Agriculture and Rural Development (IAIARD) in Malawi,a landlocked country in southeastern Africa. IAIARD will be a Pan-African Institute wherein trainees from all African countries will receive training to… Continue reading India signs agreement to set agriculture institute in Malawi
