All About NABARD, Objectives and Schemes for Exam

About the NABARD National Bank for Agriculture and Rural Development (NABARD) is a development finance institution in India, headquartered in Mumbai. It was established on 12 July 1982 by a special act of the Indian parliament, with an initial capital of 100 crore rupees. NABARD’s primary mandate is to promote sustainable and equitable agriculture and […]

Interest Subvention Scheme

The Honourable Finance Minister in his budget speech (para 49) for Kharif- 2006-07 announced that the Government had decided to ensure that farmers receive short-term credit at 7% with an upper limit of Rs. 3.00 lakh on the principal amount. The policy came into force with effect from Kharif 2006-07. The interest subvention will be […]