Table of ContentsThe Organizational Structure Review CommitteeAssistance to rural women in non-agricultural developmentAssistance in marketing of non-agricultural products of rural womenWomen's development through a regional programThe NABARD is established as an apex development bank with the mandate to facilitate credit flows for the promotion and development of agriculture, small scale industries, cottage and village industries, handicrafts and other rural occupations . It also has the mandate to support all other allied economic activities in rural areas, promote integrated and sustainable rural development and ensure prosperity in rural areas. It takes institution-building measures to improve the absorptive capacity of the credit delivery system, including monitoring, formulation of rehabilitation programs, restructuring of credit institutions, staff training, etc. Say no to plagiarism. Get a tailor-made essay on “Why violent video games should not be banned”? Get the original essay It coordinates the rural financing activities of all institutions engaged in development work on the ground and maintains liaison with the government Indian, state governments, Reserve Bank of India and other national institutions concerned with policy formulation. It prepares rural credit plans every year for all districts of the country; These plans form the basis of the annual credit plans of all rural financial institutions. It monitors and evaluates the projects it refinances. It promotes research in the fields of rural banking, agriculture and rural development. The Committee to Review Institutional Credit Arrangements for Agriculture and Rural Development (CRAFICARD) established by the RBI under the Chairmanship of Shri B Sivaraman in its report submitted to the Governor of the Reserve Bank of India recommended the creation of NABARD on November 28, 1979. The Parliament, through Law 61 of 81, approved its creation. NABARD was established under the preamble of the Act, “to provide credit for the promotion of agriculture, small scale industries, cottage and village industries, handicrafts and other rural activities.” handicrafts and other related economic activities in rural areas with a view to promoting IRDP and ensuring prosperity of rural areas and for matters connected therewith and incidental thereto. “The main objectives of NABARD as stated in the statement of objectives while introducing the Bill in the Lok Sabha have been categorized as follows: The National Bank will be an apex organization in respect of all matters relating to the policy, planning of operational aspects in the field of credit for the promotion of agriculture, small scale industries, cottage and village industries, handicrafts and other rural activities. related economic activities in rural areas The Bank will serve as a refinancing institution for institutional credits such as long-term and short-term credits for the promotion of activities in rural areas. The Bank will also provide direct loans to any institution. as may be approved by the Central Government The Bank will have organic links with the Reserve Bank and maintain a close connection therein. Organizational Structure Promote sustainable and equitable agriculture and rural development through effective credit support, related services, institution strengthening and other innovative initiatives. PursuingThis mission, NABARD focuses its activities on: Credit functions, involving annual preparation of potential linked credit plans for all districts of the country for identification of credit potential, monitoring of rural credit flow at district level. field, publication of policy and operational guidelines for rural finance institutions and provision of credit facilities to eligible institutions under various programs; Development functions, relating to strengthening credit functions and making credit more productive; Supervisory functions, ensuring the proper functioning of cooperative banks and regional rural banks; provides recommendations to the RBI on opening of new branches by state cooperative banks and RRBs. It coordinates the rural finance activities of all institutions engaged in development work on the ground and maintains liaison with the Government of India, State Governments, the Reserve Bank of India and other national institutions concerned with policy formulation. Women's development received the attention of the Indian government in the first plan (1951-56), along with the welfare of disadvantaged groups like the deprived, the disabled, the elderly, etc. The Sixth Plan (1980-85) adopted a multidisciplinary development approach with particular emphasis on the three key sectors of health, education and women's employment. In the Seventh Plan (1985-90), development programs continued with the main objective of elevating their economic and social status and integrating them into the mainstream of national development. The Eighth Plan (1992-97) played a very important role in the development of women. He promised to ensure that development benefits from different sectors do not neglect women, implement special programs to complement general development programs and monitor the flow of women's benefits from other sectors development and enable women to function as equals in the development process. “Women’s Empowerment” became one of the nine main objectives of the Ninth Plan (1997-2002). To this end, the plan's approach was to create an enabling environment in which women could freely exercise their rights both inside and outside the home, as equal partners alongside men. . The approach of the Tenth Plan (2002-07) for women's empowerment was different from that of the previous plans, as it was now based on a solid platform of action with clear objectives, targets and a timetable. Accordingly, a three-pronged sectoral strategy for women's empowerment, based on the prescriptions of the National Policy for Women's Empowerment, included: Social Empowerment: Creating an enabling environment through various positive development policies and programs women in addition to providing them with easy and equal access to all basic minimum services to enable them to fully exploit their potential. Economic empowerment: ensuring the provision of training, employment and income-generating activities with both “backward and backward” linkages, with the ultimate aim of making all potential women economically independent and self-reliant; and Gender Justice: - Eliminate all forms of discrimination based on sex and thus allow women to enjoy not only de jure rights but also de facto fundamental rights and freedoms on the same basis as men in all areas, namely political, economic, social and civil. , cultural, etc. Women andmicrocredit: - The tenth plan recognized the need for a global credit policy to increase women's access to credit, either through the creation of new microcredit mechanisms or microfinancial institutions, or by strengthening those which already exist. In this context, expansion of activities of Rashtriya Mahila Kosh was given special attention with adequate financial support under the Tenth Plan. Efforts are being made to learn from the success stories of various voluntary organizations which have already established their credentials in the field of microcredit for women and encouraged them to expand their activities, both within and outside their States. Efforts are being made to equip all States and Union Territories with Women Enterprise Development to provide 'backward' and 'forward' linkages of credit and marketing facilities to women entrepreneurs, in addition to be an active catalyst for women's economic empowerment. -Agricultural DevelopmentThis program aims to encourage lending to rural women, preferably organized in groups and supported by Voluntary Associations (VAs)/Non-Governmental Organizations (NGOs), Women Development Societies, Khadi Village and Commission Industries (KVIC)/Khadi and Village Industries Board (KVIB), Cooperative Societies, Trusts, etc. The program has both credit and grant elements. It is envisaged that women's groups organized or sponsored by an appropriate agency may avail of bank credit normally not exceeding Rs.50,000/- per woman member for individual activity or group activity with refinancing support at 100 % of NABARD. NABARD considers need-based to grant assistance subject to availability of promotional funds to meet the expenses of the sponsoring organization for group organization, awareness raising, training and other related expenses. In case the sponsoring agency provides services such as supply of raw materials, quality control, marketing etc., these services are carried out by it and are also eligible for financial assistance under the Credit linked promotional programs of NABARD i.e. Mother Units/Common Service Centers. Marketing assistance of non-agricultural products of rural womenIn this scheme, the objective is to extend credit and credit linked promotional assistance to agencies dealing with the marketing of non-agricultural products of rural women with a view to giving a boost to their efforts to create a “niche” or “women-friendly” market. The credit is provided by way of refinancing i.e. 100% refinancing up to a promotional grant of Rs.10 lakh. The ceiling on the amount of promotional assistance is 25% of the project expenditure of Rs.10lakh, which is Rs.2.5 lakh or 25% of the minimum turnover, whichever is lower. Loan assistance through banks is Rs.10 lakh through refinancing and 100% through refinancing support. The grant/refinancing ratio is 1:3. Assistance in the form of soft loans is provided to agencies to obtain margin money (interest-free loan). The bank will, however, charge a 3% service fee. Further, it is expected that voluntary associations/non-governmental organizations and other project promoters should be willing to contribute at least 10-15% of the project expenditure through their share.Women Development through Area ProgramWomen Development Women through Area Program (DEWA) is an approach to promote women-specific activities and clusters with the aim of.