NABARD Current Affairs, GK & News
GoI releases Rs 3,971 crores for micro-irrigation projects
On November 20, 2020, Government of India sanctioned a loan of 3,971 crores of rupees for micro irrigation projects in Tamil Nadu. This is one of the biggest loans being sanctioned for the state of Tamil Nadu. The loan has been sanctioned at subsidised interest rate under micro irrigation fund. The micro irrigation fund was ..
Month: Current Affairs - November, 2020
Category: Economy & Banking Current Affairs • India Nation & States Current Affairs • States Current Affairs
Topics: Agriculture • Drip irrigation • Micro Irrigation Fund • NABARD • Pradhan Mantri Krishi Sinchai Yojana • Pradhan Mantri Krishi Sinchayee Yojna • sprinkler irrigation
What is the function of NABARD? What is its Credit guarantee scheme for NBFC-MFIs?
The National Bank for Agriculture and Rural Development (NABARD) announced the introduction of a dedicated debt and credit guarantee scheme for non-banking financial companies and microfinance institutions to make sure the abundant flow of credit in COVID-19 affected rural areas. Functions of NABARD National Bank for Agriculture and Rural Development is the apex development finance ..
Month: Current Affairs - August, 2020
Category: Government Schemes Current Affairs • India Nation & States Current Affairs • States Current Affairs
Topics: Agriculture in India • Credit Guarantee Fund Trust for Micro and Small Enterprises • NABARD • National Bank for Agriculture and Rural Development • Rural India
Highlights: Loans sanctioned under PM SVANIDHI scheme crosses 1 lakh
The micro-credit scheme of the government, PM Street Vendor’s Atmanirbhar Nidhi (PM SVANIDHI) to support the street vendors to meet their working capital requirements to tide over financial woes during the pandemic, has become quite popular in the country. Details Within 41 days of the implementation of the scheme, the number of loan sanctions and ..
Month: Current Affairs - August, 2020
Category: Government Schemes Current Affairs • India Nation & States Current Affairs
Topics: Micro Credit • NABARD • PM SVANidhi • SIDBI • Street Vendors
Rs 795 Cr Sanctioned by NABARD for Re-Construction of Infra in West Bengal
The National Bank for Agriculture and Rural Development has decided to sanction Rs 795 Crores for the re-construction of infrastructure in West Bengal, necessitated due to the recent devastation of the recent cyclone, Amphan. The State Government requested for Rs 1028 Crores from NABARD for this work as part of the Rural Infrastructure Development Fund ..
Month: Current Affairs - July, 2020
Category: Economy & Banking Current Affairs
Topics: AMPHAN • Bangladesh • Cyclone • NABARD • National Bank for Agriculture and Rural Development • Odisha • Pre-Monsoon • West Bengal
FactsBox: Odisha Balaram Yojana
The Odisha Government recently launched Balaram Yojana to provide crop loans to landless farmers. The new scheme will help landless cultivators get loan through joint liability groups. Key Features The scheme has set target to provide farm loans to 7 lakh landless farmers in next two years. The Institute of Management of Agricultural Extension (IMAGE) ..
Month: Current Affairs - July, 2020
Category: Government Schemes Current Affairs • States Current Affairs
Topics: Agriculture • Balaram Yojana • farmer welfare • Government of Odisha • Government Schemes India • NABARD • Odisha