Nabard to assist 10 lakh small farmers using self-help group model
8:54 PM 10 comments Agri info Media
The National Bank for Agriculture and Rural Development (Nabard), in a bid to step up its focus on the farm sector, plans to bring together about 10 lakh small and marginal farmers across the country in 2010-11 along the lines of the self-help group (SHG) model.
This will help farmers harness their collective bargaining power to access credit at competitive rates, improve productivity using quality inputs, and realise better price for their produce in the market, said Mr Umesh Chandra Sarangi, Chairman of Nabard.
The development bank, whose primary objective is to facilitate flow of credit for agriculture, rural infrastructure and rural development, and supervision of rural financial intermediaries, will organise joint liability groups (JLGs) comprising 7-10 farmers in the small and marginal category, he said.
"We have set a target of forming one lakh joint liability groups in the current financial year. About 10 lakh farmers will benefit by becoming members of the groups," said Mr Sarangi.
In the last couple of years, Nabard had organised around 30,000 JLGs across the country.
Pointing out that most of the farmers in India owned less than 2 acres of land, the Nabard chief said that by becoming a member of the JLG, small and marginal farmers who generally depend on informal sources of financing at usurious interest rates, can get credit from banks on competitive terms.
Ever since the SHG-Bank linkage programme was conceptualised and launched by Nabard in 1992, about 47 lakh self-help groups (as of March-end 2009), predominantly comprising poor women, have been able to access the formal banking sector in a sustainable and cost-effective manner.
By handling savings and internal lending, the SHGs have matured, acquired creditworthiness for themselves and earned the confidence of banks. As of March-end 2009, banks had an outstanding exposure of Rs 22680 crore to 42 lakh odd members of SHGs.
Nabard is not averse to setting up a bank provided this does not interfere with its primary mandate of facilitating flow of credit for agriculture, rural infrastructure and rural development, said Mr Sarangi.
In his reply to a question on whether Nabard would leverage its long-standing experience in rural lending to get a banking license from RBI, the Nabard chief said, "Without compromising our primary mandate, which is refinancing and supporting the needs of the agriculture sector in the country, we will not be averse to any new ideas."
Recently, Nabard appointed global management consultancy firm Boston Consulting Group (BCG) to prepare a report to restructure and diversify its operations to leverage its expertise in refinancing. The development bank is also seeking to implement a core banking solution.
Thanks: The Hindu Business Line

குறிச்சொற்கள்:
பகிர்தல் மிக எளிமையானது,அழகானதுஇதனைச் சார்ந்த பதிவுகள்
10 comments -இந்த பதிவிற்கு..
உங்கள் கருத்துக்களைச் சொல்லுங்கள்
Leave Your Comments
white timberland boots
michael kors
tods sale
michael kors outlet
nike air jordan pas cher
pandora uk
louis vuitton outlet
cheap oakleys
abercrombie and fitch
ray ban wayfarer
fake oakleys
tod's outlet
abercrombie store new york
christian louboutin sale
kevin durant shoes 2015
polo ralph lauren outlet
nike air max
concord 11s
lebron james shoes 2015
louis vuitton outlet
christian louboutin sale
hollister
louboutin femme pas cher
gucci outlet online
abercrombie outlet
fitflop
michael kors handbags
abercrombie store
ray ban glasses
lv bags
jordan 13s
louis vuitton outlet
tory burch outlet online
coach outlet
kids lebron james shoes
20150702xiong
nike blazer, ralph lauren pas cher, vanessa bruno, ralph lauren uk, ray ban uk, abercrombie and fitch, hogan, vans pas cher, hollister pas cher, north face, michael kors, michael kors, lululemon, converse pas cher, tn pas cher, nike air max, hermes, nike air max, air max, hollister, michael kors, nike free run uk, air jordan pas cher, timberland, longchamp pas cher, mulberry, true religion jeans, louboutin pas cher, oakley pas cher, true religion outlet, nike air max, new balance pas cher, nike free, true religion jeans, sac guess, sac longchamp, burberry, air force, north face, ray ban pas cher, nike roshe run, lacoste pas cher
converse, louis vuitton, asics, polo ralph lauren, air max, burberry, converse, ralph lauren outlet, reebok, mcm handbags, tory burch outlet, the north face, tommy hilfiger, ralph lauren, hilfiger outlet, nike, longchamp handbags, horloges, ralph lauren outlet, coach outlet online, burberry outlet, new balance, burberry handbags, burberry outlet, michael kors, tiffany, michael kors outlet online, coach factory outlet, louis vuitton, kate spade, juicy couture, ray ban, bcbg dresses, jordan retro, coach outlet online, baseball bats, nike roche, swarovski, uggs, true religion outlet, mac makeup,
2015-11-2leilei
ugg outlet
coach outlet online
mont blanc pens
moncler jackets
nike sb dunks
michael kors handbags
cheap jordan shoes
jordan pas cher
true religion
ralph lauren
north face outlet
michael kors bags
louis vuitton
cheap uggs
toms outlet store
cheap toms
louis vuitton uk
canada goose uk
michael kors handbags
nike store uk
hollister outlet
jordan 3 retro
mulberry uk
toms outlet
oakley sunglasses
michael kors outlet
coach factory outlet online
longchamp soldes
cheap jordans
kate spade handbags
nike tn pas cher
louis vuitton outlet
moncler jackets
michael kors handbags
michael kors handbags
jianbin0903
ugg outlet online
michael kors outlet clearance
ray ban sunglasses
ralph lauren outlet
longchamp handbag
reebok trainers
louis vuitton neverfull
rolex watches
beats by dre
cartier uk
ugg outlet
yeezy boost 350
chrome hearts
air jordan 4
ray ban sunglasses sale
ray ban sunglasses
michael kors outlet online store
versace sunglasses
prada outlet
beats by dre
ysl outlet
mcm backpack
ugg boots sale
louis vuitton bags
ugg clearance
20160907 junda
michael kors outlet
ugg boots
rolex uk
hollister sale
jordan shoes
coach outlet store
cartier watches
ralph lauren uk
swarovski outlet
tory burch shoes
true religion jeans outlet
ugg sale
michael kors outlet
michael kors handbags
ugg outlet online
tory burch outlet online
kobe shoes
coach outlet
hollister clothing
vans shoes
ugg boots clearance
coach outlet
cheap nhl jerseys
ugg uk outlet
canada goose sale
nike roshe run shoes
rolex watches,rolex replica watches,replica rolex watches,replica watches
longchamp pas cher
swarovski crystal
ugg boots
ugg boots
snapbacks wholesale
canada goose uk
ugg slippers
ralph lauren pas cher
canada goose jackets
ferragamo outlet
coach outlet online
nike outlet online
cartier outlet store
Nike Roshe Run
, Nike Air Max 2015 Shoes
, Nike Air Max 90
, cheap nfl jerseys
, wholesale nfl jerseys
, Nike Free Run
, nfl jerseys store
, NFL Jerseys
20161006 junda
ugg outlet
ugg outlet
canada goose outlet
ferragamo outlet
ralph lauren polo
rolex watches
coach outlet
christian louboutin online
links of london
true religion outlet
coach outlet clearance
cheap ray bans
true religion sale
kobe shoes
replica watches
nobis jackets
cheap ray ban sunglasses
michael kors outlet clearance
michael kors handbags
los angeles lakers
chanyuan2017.01.18
curry 7
supreme clothing
golden goose
cheap jordans
kobe byrant shoes
hermes belt
kyrie 7 shoes
lebron 17 shoes
bape
moncler