National Bank for Agriculture and Rural Development Current Affairs, GK & News

NABARD Farmer Distress Index

With the marginal and small farmers of the country getting a raw deal regarding the waivers of farm loans, the National Bank for Agriculture and Rural Development (NABARD) is planning to create a farmer distress index (FDI) with the aim of tracking, identifying, and supporting the real distressed and needy farmers of India. Overview: Depending ..

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Adavi Tribal Brand

A new brand of forest products has been launched from Nilambur. Minor forest produce harvested by Nilambur tribespeople, such as wild honey, will now be marketed under the Adavi brand. Overview: National Bank for Agriculture and Rural Development (NABARD) and the Jan Shikshan Sansthan (JSS) has jointly launched the Adavi brand at a tribal festival ..

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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 ..

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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 ..

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What is the recently launched Credit linked Capital Subsidy Scheme (CLCSS) for MSMEs?

The Indian Government has decided to extend a special Credit Linked Capital Subsidy Scheme (CLCSS) for Technology Upgradation to the MSMEs. This money is to be utilized for the Technology Upgradation. The Indian Government relaizes that the equipping a business with technology is fiscally draining and this problem is even more severe for the Micro, ..

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