Agricultural marketing
NABARD in Agricultural Marketing Finance
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II-Year-II-Sem Agri-Marketing ANGRAU 20.04.2020
NABARD in Agricultural Marketing Finance: The National Bank for Agriculture and Rural Development (NABARD) was set up as an apex organization in the sphere of rural finance. It provides refinancing support to financial institutions for financing wide range of activities pertaining to agriculture and rural development. NABARD in addition to providing refinance facilities for agricultural production, also provides refinance facilities to financial institutions for development of infrastructure, co-operative marketing, construction of warehouses and cold storages, creation of transportation facilities, construction of market yards and processing of farm products. The refinance facilities available from NABARD in the sphere of agricultural marketing are: (i) Marketing of Produce – NABARD provides refinance support to the state co- operative banks by way of short-term credit limits for assisting the co- operative marketing societies to help the members in marketing of their produce at remunerative prices and also to enabling them to repay their dues to primary co-operative credit societies. (ii) Construction of Godowns and Storage Facilities – NABARD provides refinance support for financing of godowns and cold storages. (iii) Construction of Market Yards – NABARD provides refinance support for construction of market yards to co-operative and other banks. This also includes construction of various amenities in the market yards like construction of shops, platform, rest houses, canteen, bank and post-office premises. (iv) For Means of Transportation – NABARD makes available the refinance facilities for financing bullock carts, hand carts and other means for transportation of marketable surplus and inputs from fields to the markets. (v) Establishing of processing Units – NABARD makes available the refinance facilities for financing agro-based processing units such as rice mills, flour mills, oil crushing, canning of fruits and vegetable s and gur and khandsari units. Download 402.85 Kb. Do'stlaringiz bilan baham: |
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