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TMI BlogFunctioning of NABARDX X X X Extracts X X X X X X X X Extracts X X X X ..... Functioning of NABARD - News and Press Release Dated:- 22-2-2013 - News - The NABARD was established by an Act of Parliament on 12 July 1982, as a Development Bank with a mandate for providing and regulating credit and other facilities for promotion and development of agriculture, small-scale industries, cottage and village industries, handicrafts and other rural crafts and other allied economic ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... activities in rural areas with a view to promoting integrated rural development. NABARD has taken various measures relating to promotion of credit in the field of agriculture which includes extending refinance to rural financial institutions, cooperatives and Regional Rural Banks(RRBs) for short term crop loan as well as refinance for investment credit or agricultural term loans. The details of r ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... efinance extended by NABARD during the last three years are given below:- Rs. in crore 2009-10 2010-11 2011-12 Refinance for short term crop loans 24, 715 34, 196 48, 981 Refinance for Investment credit 12009 13485 15421 The details of funds allocated, sanctioned and disbursed under Rural Infrast ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... ructure Development Fund (RIDF) during the last three years and current year (up to 31 December 2012) are as under:- Year Allocation Sanctioned Disbursed 2009-10 20500* *( including Rs. 6500 Cr. sanctioned for National Rural Road Agency) 22129.82* 18887.54* 2010-11 16000 18314.88 12060.04 ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... 2011-12 18000 ( including Rs.2000 Cr. for Warehousing) 20701.12 14168.19 ( Excluding Rs. 759 Cr Refinanced to banks under Warehousing ) 2012-13 (upto Dec.,2012 20000 ( including Rs. 5000 cr for warehousing) 14997.35 6917.43 This was stated by the Minister of State for Finance, Shri Namo Narian Meena in a written reply ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... to a question in the Lok Sabha today. DSM/RS/ka (Release ID :92450) - News - Press release - PIB Tax Management India - taxmanagementindia - taxmanagement - taxmanagementindia.com - TMI - TaxTMI - TMITax ..... X X X X Extracts X X X X X X X X Extracts X X X X
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