UNIVERSITY OF MUMBAI

PROJECT ON
PROGRESS OF NABARD
BACHELOR OF COMMERCE
BANKING & INSURANCE
SEMESTER V
(2016-2017)

SUBMITTED
IN PARTIAL FULFILLMENT OF THE REQUIREMENT
FOR THE
AWARD OF DEGREE OF BACHELOR OF COMMERCE –
BANKING AND INSURANCE.

SUBMITTED BY,
VANITA PRAKASH PATIL.
ROLL NO. - 44

UNDER GUIDANCE,
PROF. SWAPNIL SONAWANE.

MAHARSHI
DAYANAND COLLEGE OF ARTS, SCIENCE & COMMERCE PAREL,
MUMBAI – 400 012.
 MAHARSHI DAYANAND COLLEGE
OF ARTS, SCIENCE & COMMERCE
PAREL, MUMBAI – 400 012.

CERTIFICATE

This is to certify that MISS. VANITA PRAKASH PATILof B.Com

(Banking & Insurance) Semester V (2016-2017) has successfully
completed the project on PROGRESS OF NABARD under the
guidance of PROF. SWAPNIL SONAWANE .

Course Coordinator Principal

Project Guide/Internal Examiner External Examiner

 DECLARATION

I am MISS. VANITA PRAKASH PATIL. The student of B. com

(Banking & Insurance) Semester V (2016-2017) hereby declares that I
have completed the Project on PROGRESS OF NABARD. The
information submitted is true and original to the best of my knowledge.

Signature of student

Name of Student

MISS. VANITA PRAKASH PATIL

Roll No. 44
 ACKNOWLEDGEMENT

The college, the faculty, the classmates & the atmosphere, in the college
were all the favorable contributory factors right from the point when the
topic was to be selected till the final copy was prepared. It was a very
enriching experience throughout the contribution from the following
individuals in the form in which it appears today. We feel privileged to
take this opportunity to put on record my gratitude towards them.
PROF. KUNAL SONI made sure that the resource was made available
in time & also for immediate advice & guidance throughout making this
project.The principal of our college DR. T.P.GHULE and our Vice-
Principal Mrs. SANJEEVANI PHATAK has always been inspiring &
driving force.We are thankful to Mr. SANTOSH SHINDE associated
with administration part of Financial Markets & Banking & Insurance
section has been very helpful in making the infrastructure available for
data entry.
 EXCUTIVE SUMMARY OF NABARD’S

Twenty four years ago, to be precise on July12,1982, by an Act of the parliament

,NABARD came into being with the avowed objective of providing focused and
undivided attention to the development of rural India which was, and even now is,
crucial to the country’s economic progress. Naiad’s mandate touches practically
every aspect of rural life. As its mission statement underscores, NABARD is to
promote sustainable and equitable agriculture and rural prosperity through
effective credit support, related services, institution development and other
innovative initiatives.

It refinances commercial, co-operative and regional rural banks for lending

to on farm and non-farm activities like minor irrigation, animal husbandry, farm
mechanization ,forestry, fisheries, land development, horticulture, plantation and
medicinal corps and non-farm like rural industries, artisans, handicrafts,
handlooms, rural housing, rural tourism and so on. Refinance is provided by
NABARD for both long term investment credit as well as short term production
credit for crop rearing and working capital for non-farm activities.

NABARD has effectively brought in a number of innovations in the rural credit

domain. To quote a few:

 SELF HELP GROUPS,

 FARMER CLUBS,
 RURAL INFRASTRUCTURE DEVELOPMENT FUND,
 WATERSHED DEVELOPMENT,
 KISSAN CREDIT CARD,
 INDEX

Sr. No Topic Pg.NO

1. CONCEPT OF NABARD 1

cc2. WHAT ISNABARD ? 7

3. FUNCTIONS OF NABARD 11

4. PROMOTIONAL ROLE OF NABARD 18

5. DEVELOPMENT ROLES OF NABARD 20

6. LATES SHCEMES OF NABARD 25

7. GENDER DEVELOPMENT 31

8. SUPERVISORY ROLE OF NABARD 33

9. NABARD ANDMICRO FINANCE IN INDIA AN 37

OVERVIEW

10. NATURAL RESOURCE MANAGEMENT 39

11. INTERNATIONAL ASSOCIATIONS OF 42

NABARD

12. SET BACKS OF NABARD FARMERS 43

COMMITTING SUICIDE

13. CONCLUSION 46

14. BIBLIOGRAPHY / WIBLOGRAPHY 47