नाबार्ड एंड देयर फंक्शन
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Answer:
NABARD is responsible for the development of the small industries, cottage industries, and any other such village or rural projects. Established on 12th July 1982, it had an initial capital of 100 crores. The bank is under the supervision of a Board of Directors which the Government of India will appoint.
Functions of NABARD
1) To undertake monitoring and evaluation of projects refinanced by it.
2) NABARD gives high priority to projects formed under Integrated Rural Development Programme (IRDP).
3) It also supports “Vikas Vahini” volunteer programs which offer credit and development activities to poor farmers.
4) It also supports “Vikas Vahini” volunteer programs which offer credit and development activities to poor farmers.
5) It also runs programs for agriculture and rural development in the whole country.
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