NABARD is an apex institution, accredited with all matters

concerning policy, planning and operations in the field of credit for

agriculture and other economic activities in rural areas in India.

The Committee to Review Arrangements for Institutional Credit for Agriculture

and Rural Development (CRAFICARD), set up by the Reserve Bank of India
(RBI) under the Chairmanship of Shri B. Sivaraman, conceived and
recommended the establishment of the National Bank for Agriculture and Rural
Development (NABARD). The Indian Parliament through the Act 61 of 1981,
approved the setting up of NABARD. The Bank which came into existence on 12
July, 1982, was dedicated to the service of the Nation by the Hon’ble Prime
Minister, Smt Indira Gandhi on 5 November, 1982.

NABARD is established as a development Bank, in terms of the Preamble of

the Act, "for providing and regulating Credit and other facilities for the
promotion and development of agriculture, small scale industries, cottage
and village industries, handicrafts and other rural crafts and other allied
economic activities in rural areas with a view to promoting integrated rural
development and securing prosperity of rural areas and for matters
connected therewith or incidental thereto."

NABARD took over the functions of the erstwhile Agricultural Credit Department
(ACD) and Rural Planning and Credit Cell (RPCC) of RBI and Agricultural
Refinance and Development Corporation (ARDC). Its subscribed and paid-up
Capital was Rs.100 crore which was enhanced to Rs. 500 crore, contributed by
the Government Of India (GOI) and RBI in equal proportions. Currently it is Rs.
2000 crore, contibuted by GoI (Rs.550 crore) and RBI (Rs.1450 crore).

NABARD: (i) serves as an apex financing agency for the institutions providing
investment and production credit for promoting the various developmental
activities in rural areas; (ii) takes measures towards institution building for
improving absorptive capacity of the credit delivery system, including monitoring,
formulation of rehabilitation schemes, restructuring of credit institutions, training
of personnel, etc. ; (iii) co-ordinates the rural financing activities of all institutions
engaged in developmental work at the field level and maintains liaison with
Government of India, State Governments, Reserve Bank of India (RBI) and other
national level institutions concerned with policy formulation; and (iv) undertakes
monitoring and evaluation of projects refinanced by it.

NABARD’s refinance is available to State Co-operative Agriculture and Rural

Development Banks (SCARDBs), State Co-operative Banks (SCBs), Regional
Rural Banks (RRBs), Commercial Banks (CBs) and other financial institutions
approved by RBI. While the ultimate beneficiaries of investment credit can be
individuals, partnership concerns, companies, State-owned corporations or co-
operative societies, production credit is generally given to individuals.

NABARD operates throughout the country through its 28 Regional Offices and
one Sub-office, located in the capitals of all the states/union territories. It has 336
District Offices across the country, one Sub-office at Port Blair and one special
Cell at Srinagar. It also has 6 training establishments.

ORGAINSATION STRUCTURE
ORGANISATIONAL SET-UP

BOARD OF DIRECTORS
CHAIRMAN
MANAGING DIRECTOR
EXECUTIVE DIRECTORS (5)
HEAD OFFICE REGIONAL TRAINING
DEPARTMENTS (22) OFFICES (28) ESTABLISHMENTS (5)

SUB-OFFICE (1) & SPECIAL CELL(Srinagar)

DISTRICT DEVELOPMENT
OFFICES (360)

OFFICES all over INDIA

 STAFF

NABARD has suitably qualified and experienced staff in the areas of:
 General Banking
 Agriculture and related Sciences such as Irrigation, Plantation and
Horticulture, Land Development, Animal Husbandry and Dairy Technology,
Agricultural Engineering, Bio-technology, Fisheries, Forestry, etc.
 Agricultural Economics
 Accounts and Finance
 Information Technology
Appropriate training and skills are imparted to the staff on an ongoing basis within
and outside the country. NABARD's own training establishment as also outside
agencies are utilised for the purpose.

Staff Structure

CHAIRMAN
MANAGING DIRECTOR
EXECUTIVE DIRECTORS
CHIEF GENERAL MANAGERS
GENERAL MANAGERS
DEPUTY GENERAL MANAGERS
ASSISTANT GENERAL MANAGERS / MANAGERS / ASSISTANT MANAGERS
CLERKS / STENOGRAPHERS / TYPISTS

Total Staff: Officers: 2973 (including 50 officers on deputation)

Others: 2257

I. Role & Functions of NABARD

Introduction

 NABARD is an apex institution accredited with all matters

concerning policy, planning and operations in the field of
credit for agriculture and other economic activities in rural
areas.
 It is an apex refinancing agency for the institutions
providing investment and production credit for promoting
the various developmental activities in rural areas
 It takes measures towards institution building for improving absorptive
capacity of the credit delivery system, including monitoring, formulation of
rehabilitation schemes, restructuring of credit institutions, training of
personnel, etc.
 It co-ordinates the rural financing activities of all the institutions engaged in
developmental work at the field level and maintains liaison with
Government of India, State Governments, Reserve Bank of India and
other national level institutions concerned with policy formulation.
 It prepares, on annual basis, rural credit plans for all districts in the
country; these plans form the base for annual credit plans of all rural
financial institutions
 It undertakes monitoring and evaluation of projects refinanced by it.
 It promotes research in the fields of rural banking, agriculture and rural
development

a. Institution Building Objectives

The rural financial system in the country calls for a strong and efficient credit
delivery system, capable of taking care of the expanding and diverse credit needs
of agriculture and rural development. More than 50% of the rural credit is
disbursed by the Co-operative Banks and Regional Rural Banks. NABARD is
responsible for regulating and supervising the functions of Co-operative banks
and RRBs. In this direction NABARD has been taking various initiatives in
association with Government of India and RBI to improve the health of Co-
operative banks and Regional Rural Banks.

COOPERATIVE DEVELOPMENT FUND (CDF)

In pursuance with the recommendations of the Parliamentary Committee on

Agriculture, NABARD had created Co-operative Development Fund for providing
assistance to Co-operative Credit Institutions for improving their infrastructural
facilities for growth. The Fund, which started with an initial corpus of Rs.10.00
crore from the surplus contributed by NABARD, has a balance of Rs.115.68 crore
as on 31 March, 2003. The assistance sanctioned to various cooperative
institutions from the Fund till 31 March, 2004 aggregated to Rs.62.18 crore
against which an amount of Rs.50.87 crore has been disbursed. The Objectives
and Purposes of the fund are given below:

(a) Objective of the Fund:

 Supporting the efforts of grass root level institutions (PACS) to mobilize

resources etc.
 Human Resource Development aimed at achieving better working results
and improvements in viability and also for improvement in systems in
cooperative credit institutions.
 Building of better MIS and
 Conduct of special studies for improving functional efficiency and on
subjects referred to above.

(b) Purposes eligible for assistance:

 Provision of infrastructural facilities to PACS for deposit mobilization.

Staff training and faculty support.
 Computerization support for building of MIS in cooperative banks.
Conduct of special studies.
 Creation of a conducive recovery climate through meeting the cost of
publicity, media, etc.
  Providing mobility to the field staff for improving recovery.
 Reimbursement of training expenditure to ACSTIs and JLTCs
 Best Performance Awards to Cooperative Banks
 Establishment of Business Development Department (BDD) in
Cooperative
 Banks Publicity of Kisan Credit Cards (KCC)

Mode of Assistance:

Assistance is provided by way of grant, soft loan or grant-cum-soft loan.

Purpose-wise sanction and disbursement of CDF assistance as on 31 March

2004 is given below:

Sr Assistance sanctioned Amount disbursed %

. Disb
Purpose to
N SCAR Othe Loa Gran Sancti
SCB Total Total
o. DB rs n t on

1 Infrastructur 1131. 1131. 929.4 929.4

- - - 82.1
e to PACS 67 67 8 8
2 Computerisa 655.9 426.94 18.43 1101. 231. 347.9 579.8 52.65
tion 0 27 95 2 7
3 Purchase of 670.6 517. 517.2
- 670.62 - - 77.1
Vehicles 2 29 9
4 Conduct of
123.5 101.7
studies and 98.95 15.08 9.50 - 99.72 82.40
3 9
seminars
5 Reimbursem
ent to 904.3 1920. 1920. 1920.
1016.33 - - 100.0
ACSTIs/JLT 6 69 69 69
Cs
6 Other - - 31.94 31.94 - 31.94 31.94 100.0
trainings
7 Fax 16.52 23.55 - 40.07 12.3 18.54 30.89 77.1
Machines 5
8 FA/BDD 210.1 14.91 - 225.0 - 19.38 19.38 8.6
3 4
9 Best
870.0 870.0 870.0 870.0
Performance - - - 100.0
5 5 5 5
Award
10 ODI - - 30.08 30.08 - 30.08 30.08 100.0
11 Cooperators - - 6.71 6.71 - 6.71 6.71 100.0
 Meets
12 KCC - - 26.13 26.13 - 26.13 26.13 100.0
13 Others 36.46 4.00 - 40.46 - 22.66 22.66 56.0
3053. 2171.43 992.8 6218. 761. 4323. 5086. 81.80
Total
99 4 26 59 3 96

CDF assistance availed of by Cooperative Banks, state-wise is indicated below :

CDF - STATEMENT OF ASSISTANCE SANCTIONED & DISBURSED TO

SCBs/SLDBs AS ON 31 MARCH 2004

Sl. States SCBs SLDBs Total

No Sanctio Disburseme Sanctio Disburseme Sanctio Disburseme
. n nt n nt n nt
Andaman &
1 Nicobar 39.74 20.82 4.96 4.58 44.70 25.40
2 Andhra Pradesh 217.76 179.45 0.00 0.00 217.76 179.45
Arunachal
3 Pradesh 18.50 6.38 6.86 0.00 25.36 6.38
4 Assam 6.13 0.00 0.00 0.00 6.13 0.00
5 Bihar 70.43 3.05 36.25 32.20 106.68 35.25
6 Chattisgarh 71.23 56.72 5.87 5.86 77.10 62.58
7 Goa 26.50 26.50 0.00 0.00 26.50 26.50
8 Gujarat 27.13 21.62 6.05 4.68 33.18 26.30
9 Haryana 30.32 16.84 4.08 4.08 34.40 20.92
10 Himachal Pradesh 33.00 14.43 14.07 13.67 47.07 28.10
Jammu &
11 Kashmir 17.75 17.66 27.94 25.61 45.69 43.27
12 Jharkhand 3.22 0.15 0.00 0.00 3.22 0.15
13 Karnataka 219.08 97.16 186.22 127.17 405.30 224.33
14 Kerala 51.00 46.77 81.86 28.01 132.86 74.78
15 Madhya Pradesh 320.09 247.95 142.69 70.21 462.78 318.16
16 Maharashtra 2.40 2.40 26.61 6.45 29.01 8.85
17 Manipur 1.13 0.69 16.34 0.00 17.47 0.69
18 Meghalaya 44.76 1.19 0.00 0.00 44.76 1.19
19 Mizoram 1.19 0.00 0.00 0.00 1.19 0.00
20 Nagaland 8.00 8.00 3.15 3.01 11.15 11.01
21 New Delhi 1.19 1.19 0.00 0.00 1.19 1.19
22 Orissa 232.24 185.59 11.65 1.48 243.89 187.07
23 Punjab 66.00 60.47 103.10 36.35 169.10 96.82
24 Rajasthan 64.32 61.44 52.79 46.03 117.11 107.47
25 Sikkim 1.26 1.26 0.00 0.00 1.26 1.26
26 Tamil Nadu 73.60 71.10 196.50 190.47 270.10 261.57
27 Tripura 0.93 0.93 7.24 7.03 8.17 7.96
28 Uttar Pradesh 275.52 103.63 102.92 60.76 378.44 164.39
29 Uttarnchal 32.63 13.97 8.17 2.05 40.80 16.02
30 West Bengal 78.88 56.62 90.70 79.28 169.58 135.90
32 NAFSCOB 22.60 12.03 22.60 12.03
31 NCARDB 12.60 12.60 12.60 12.60
33 NCMDARDB 1.98 1.98 1.98 1.98
TOTAL 2058.53 1336.01 1150.60 763.56 3209.13 2099.57

b. Promotional
 KISAN CREDIT CARD SCHEME

1. Genesis

 Hon'ble Union Finance Minister announced in his budget speech for 1998-
99 that NABARD would formulate a Model scheme for issue of Kisan
Credit Cards to farmers, on the basis of their land holdings, for uniform
adoption by banks, so that the farmers may use them to readily purchase
agricultural inputs such as seeds, fertilisers, pesticides, etc. and also draw
cash for their production needs'.
 NABARD formulated a Model Kisan Credit Card Scheme in consultation
with major banks.
 Model Scheme circulated by RBI to commercial banks and by NABARD to
Cooperative banks and RRBs in August 1998, with instructions to
introduce the same in their respective area of operation.

2. Objectives

As a pioneering credit delivery innovation, Kisan Credit Card Scheme aims

at provision of adequate and timely support from the banking system to the
farmers for their cultivation needs including purchase of inputs in a flexible
and cost effective manner.

3. Contents of Credit Card

 Beneficiaries covered under the Scheme are issued with a credit card
and a pass book or a credit card cum pass book incorporating the name,
address, particulars of land holding, borrowing limit, validity period, a
passport size photograph of holder etc., which may serve both as an
identity card and facilitate recording of transactions on an ongoing basis.
 Borrower is required to produce the card cum pass book whenever
he/she operates the account.

4. Salient features of the Kisan Credit Card (KCC) Scheme

Eligible farmers to be provided with a Kisan Credit Card and a pass book
or card-cum-pass book.

Revolving cash credit facility involving any number of drawals and

repayments within the limit.

Limit to be fixed on the basis of operational land holding, cropping pattern

and scale of finance. Entire production credit needs for full year plus
ancillary activities related to crop production to be considered while fixing
limit.
 Sub-limits may be fixed at the discretion of banks.

Card valid for 3 years subject to annual review. As incentive for good
performance, credit limits could be enhanced to take care of increase in
costs, change in cropping pattern, etc.

Each drawal to be repaid within a maximum period of 12 months

Conversion of loans also permissible in case of damage to crops due to

natural calamities

Security, margin, rate of interest, etc. as per RBI norms

Operations may be through issuing branch (and also PACS in the case of
Cooperative Banks) through other designated branches at the discretion of
bank.

Withdrawals through slips/cheques accompanied by card and passbook

5. Advantages of the Kisan Credit Card Scheme

5.1 Advantages to farmers

Access to adequate and timely credit to farmers

Full year's credit requirement of the borrower taken care of

Minimum paper work and simplification of documentation for drawal of

funds from the bank.

Flexibility to draw cash and buy inputs

Assured availability of credit at any time enabling reduced interest burden

for the farmer

Sanction of the facility for 3 years subject to annual review and satisfactory
operations and provision for enhancement.

Flexibility of drawals from a branch other than the issuing branch at the
discretion of the bank

5.2 Benefits of the Scheme to the Banks

 Reduction in work load for branch staff by avoidance of repeat appraisal
and processing of loan papers under Kisan Credit Card Scheme.

Minimum paper work and simplification of documentation for drawal of

funds from the bank.

Improvement in recycling of funds and better recovery of loans

Reduction in transaction cost to the banks.

Better Banker - Client relationships

6. Budget 2001-02 announcement - Follow up :

 Hon'ble Union Finance Minister in his Budget Speech for the year
2001-02 set the future agenda for the Scheme as under :

“The innovation of KCC is proved to be very successful. Since the year

of its introduction in 1998-99, almost 110 lakhs KC cards have been
issued. I am asking our banks to accelerate this programme and cover
all eligible agricultural farmers within the next 3 years. I am also asking
the banks to provide a personal insurance package to the KCC holders
as is often done with other credit cards to cover them against accidental
death or permanent disability, up to maximum amount of Rs.50,000/ and
Rs.25,000/- respectively. The premium burden will be shared by the card
issuing institutions. "

6.1 Coverage of farmers - Future strategy

 Banks, vide our Circular letter No.NB.PCD(KCC)/29/ 2001-02 dated 10

April 2001, requested to draw up an action plan immediately in
consultation with our Regional Office concerned, based on their past
performance and experience in implementing the scheme, to ensure
the coverage of all the eligible agricultural farmers under the KCC
Scheme within the next three years i.e. by 31 March 2004.
 Banks to ensure that targets fixed for 2001-02, 2002-03 and 2003-04
include new agricultural farmers likely to become eligible for their KC
cards after 31 March 2001 also.
 Targets fixed for issue of KC Cards be disaggregated month-wise and
branch/PACS-wise to facilitate close monitoring of progress vis-a-vis
target and also advised to RO concerned.
 In order to ensure achievement of the targets so fixed, banks
requested to follow strategies suggested by NABARD from time to
time. Towards this end, banks to launch a campaign approach to
accelerate pace of implementation of the Scheme. Following specific
steps may be taken by the banks :
 Conduct of Sensitisation/training programmes for the officers of
controlling offices of banks, branch managers and field level
functionaries as also district level functions for distribution of cards.
 Holding Banker-Farmers' Meets, as part of the Kharif 2001 campaign,
in each block to identify the ground level constraints in the smooth
implementation of the Scheme and to initiate remedial measures
therefore
 Use of VVV Clubs fora for propagation of the scheme.
 Placement of hoardings/banners etc. at prominent places, such as
branch premises, Panchayat buildings, Mandis, etc.
 Use of audio-video media, bringing out KCC literature in local language
to create better awareness about KCC Scheme among farmers.
 Issue of plastic/laminated cards to serve as Identity Cards.
 Monitoring of progress in implementation of the Scheme in Board
meetings as also through various state/ district and block level fora with
the participation of Government functionaries, bankers, farmers etc.

6.2 Personal Accident Insurance Scheme -Salient features :

Designated insurance company will nominate one office at district level to

function as nodal office for coordinating implementation of personal
accident insurance scheme for KCC holders in the district.

Nominated office of insurance company to issue a Master Insurance Policy

to each DCCB/RRB covering all its KCC holders

Premium payable Rs.15/- for a one year policy while Rs.45/- for a 3-year
policy.

Insurance coverage available under Policy only from date of receipt of

premium at insurance company

Banks to ensure to incorporate name of Nominee in Kisan Credit Card-

cum-Pass Book

Simplified claim settlement procedure evolved under Scheme whereby an

Enquiry-cum-Verification Committee comprising Branch Manager of
implementing bank, Lead Bank Officer and representative of insurance
company to certify nature of accident causing disability/death and
recommend settlement of insurance claims.

Scheme covers risk of KCC holders against death or permanent disability

resulting from accidents caused by external, violent and visible means, as
under:

Death due to accident (within 12 months of the accident)

 Caused by outward, violent and visible means -- Rs.50, 000/-

Permanent total disability -- Rs.50, 000/-

Loss of two limbs or two eyes or one limb and one eye -- Rs.50, 000/-

Loss of one limb or one eye -- Rs.25, 000/-

(cover subject to certain exclusions as per Annexure-A to Master Policy

document)

7. Major Steps taken by NABARD:

 A Brochure on KCC Scheme highlighting the salient features,

advantages and other relevant information about the Scheme was
brought out by Head Office and ROs were asked to circulate the
brochure to State govt. departments, Commercial Banks, Cooperative
Banks, RRBs and other concerned agencies/officers so as to generate
wider awareness about the Scheme.
 Floor limit of Rs.5000/- for issue of KC Cards stands withdrawn.
 Studies on KCC Scheme have been entrusted to BIRD and NABARD
Staff College to facilitate feed back on the ground level
issues/problems so that changes, where necessary, could be
considered.
 Studies on the implementation of the Scheme undertaken by NABARD
periodically.
 On the lines of instructions of RBI to Commercial Banks, Cooperative
Banks and RRBs have been advised that they may, at their discretion,
pay interest at a rate based on their perception and other relevant
factors on the minimum credit balances in the cash credit accounts
under the Kisan Credit Cards of farmers during the period from 10th to
the last day of each calendar month.
 NABARD has prepared a Model Scheme for providing financial
assistance for publicity campaign activities of Cooperative Banks under
KCC Scheme under CDF with a view to speed up the pace of
implementation of KCC Scheme.

8. Progress in implementation of the Scheme

 Since launching in August 1998, around 2.38 crore Kisan Credit Cards
issued upto 31 March 2002 by Cooperative Banks, Regional Rural
Banks and Commercial Banks put together.
 Scheme implemented in all States and Union Territories (except
Chandigarh, Daman & Diu and Dadra & Nagar Haveli) with all
Cooperative Banks, RRBs and Commercial Banks participating.
 Agency-wise/State-wise progress in issue of cards by all banks during
2001-02 and since inception of Scheme.

c. Supervisory
Supervisory Role of NABARD

NABARD has been entrusted with the statutory responsibility of conducting

inspections of State Cooperative Banks (SCBs), District Central Cooperative
Banks (DCCBs) and Regional Rural Banks (RRBs) under the provision of the
Banking Regulation Act, 1949. In addition, NABARD has also been conducting
periodic inspections of state level cooperative institutions such as State
Cooperative Agriculture and Rural Development Banks (SCARDBs), Apex
Weavers Societies, Marketing Federations, etc. on a voluntary basis. Although
the prime objective of the statutory inspections is to ensure general safety of
public deposits, NABARD, through these statutory inspections, has been
simultaneously endeavoring for further developing and strengthening the above
institutions to enable them to play a far more effective and efficient role in
meeting the rural credit requirements.

The general banking environment emerging out of the financial sector reforms
introduced by GOI/ RBI has also since been extended to cover cooperative banks
and RRBs. While the capital adequacy norm has not yet been made applicable to
these banks, the other prudential norms viz., income recognition, asset
classification and provisioning, which were made applicable by Reserve Bank of
India to the commercial banking sector have been extended to cover SCBs and
DCCBs since 1996-97 and to SCARDBs in 1997-98. These norms had already
been extended to RRBs since 1995-96. The exposure of these institutions to the
prudential norms also called for a suitable strategy to be adopted by the
NABARD to help these banks to adjust to the new financial discipline.

The changes mentioned above necessitated a review and revision of the strategy
adopted by the NABARD for the inspection and supervision of the cooperative
banks and RRBs. Under the revised strategy, a sharper focus of the NABARD's
inspection was given on the core areas of the functioning of banks pertaining to
Capital Adequacy, Asset Quality, Management, Earnings, Liquidity and Systems
Compliance(CAMELSC). Thus NABARD's focus in its statutory `on-site'
inspections is on core assessments leaving the collateral appraisals to
supplementary inspections. The micro level aspects are to be taken care of by
the banks themselves by way of internal inspections or by other agencies such as
auditors. In this direction, through a series of workshops and meetings held with
the Chief Executives and the Chief Auditors of cooperative banks, NABARD
attempted to ensure that the other areas, particularly relating to the internal
checks and controls, revenue and income realisation by way of interest on loans
and deposits and other routine features of carrying out general banking
transactions were suitably taken care of by the respective banks and their
concurrent/ statutory audit systems.

Board of Supervision (for SCBs, DCCBs and RRBs) has been constituted
by NABARD under Section 13(3) of NABARD Act, 1981 as an Internal Committee
to the Board of Directors of NABARD. The broad powers and functions of the
Board of Supervision are : giving directions and guidance in respect of policies
and on matters relating to supervision and inspection, reviewing the inspection
findings, suggesting appropriate measures, reviewing the follow-up action taken
by Department of Supervision (DoS) on matters of frauds and internal checks
and control, identifying the emerging supervisory issues in the functioning of
cooperative banks/RRBs such as NPAs recovery, investment portfolio, credit
monitoring system, management practices, frauds, etc., and suggesting
necessary follow-up measures. It can also recommend appropriate training for
Inspecting Officers of NABARD for imparting necessary skills and knowledge,
suggest measures for strengthening of DoS, recommend issue of directions by
RBI, oversee the quality of inspections carried out and the reports issued, review
the information generated through off-site surveillance and other supplementary
vehicles, action taken thereon, and undertake any other functions entrusted from
time to time by the Board of Directors of NABARD.

The Board of Supervision, since its formation on 20 November 1999, has held 22
meetings till 30 June 2004 and reviewed the financial position of Cooperative
Banks and RRBs. Based on the observations of BoS, authorities concerned have
been apprised of the weaknesses.
 Critical evaluation of NABARD

• Income tax exemption:- NABARD was exempted for IT all these years, but
has lost that status from the year 2001 onwards and paid Rs.390 Cr by
way of IT for the year 2001-02 & Rs.400 Cr for the year 2002-03
• Non-Performing Assets: - NABARD has the lowest non-performing assets
which is around 0.96%
• Stagnant Labour: - The number of employees working for NABARD is
almost stagnant from the last 10 years. The total numbers of employee’s
are 5400
• KCC: - Till 31st March 2006 just 582.50 lakh Kisan Credit Card where
issued

Two very important programs undertaken by NABARD are Watershed

Development & Wadi

1. Water-shed Development has been undertaken in Ahmednagar district of

Maharashtra and is replicated in other districts.
2. The other project is Wadi which is in Gujarat, around 10000 families in 200
villages are working like a family to develop 1 acre of Wadi in which they
would be growing Trees
 Conclusion

After studying the role and various refinancing activities of NABARD one can say
that there is a lot of scope for improvement, as the actual scenario is completely
different. All the functions of NABARD are adequate, but it is the execution of
these functions which is not happening correctly. Hope NABARD will improve its
execution plans and improve its performance in refinancing RURAL INDIA