The NABARD was established by an Act of Parliament on 12 July 1982, as a Development
Bank with a mandate for providing and regulating credit and other facilities
for promotion and development of agriculture, small-scale industries, cottage
and village industries, handicrafts and other rural crafts and other allied
economic activities in rural areas with a view to promoting integrated rural
development. NABARD has taken various
measures relating to promotion of credit in the field of agriculture which
includes extending refinance to rural financial institutions, cooperatives and
Regional Rural Banks(RRBs) for short term crop loan as
well as refinance for investment credit or agricultural term loans. The details
of refinance extended by
NABARD during the
last three years are given below:-
Rs. in crore
|
|
2009-10
|
2010-11
|
2011-12
|
|
Refinance for short term crop loans
|
24, 715
|
34, 196
|
48, 981
|
|
Refinance for Investment credit
|
12009
|
13485
|
15421
|
The
details of funds allocated, sanctioned and disbursed under Rural Infrastructure Development Fund (RIDF) during
the last three years and current year
(up to 31 December 2012) are as under:-
|
Year
|
Allocation
|
Sanctioned
|
Disbursed
|
|
2009-10
|
20500*
*(including Rs. 6500 Cr. sanctioned
for National Rural Road Agency)
|
22129.82*
|
18887.54*
|
|
2010-11
|
16000
|
18314.88
|
12060.04
|
|
2011-12
|
18000
(including Rs.2000 Cr. for Warehousing)
|
20701.12
|
14168.19
(Excluding Rs. 759 Cr Refinanced to banks under Warehousing )
|
|
2012-13
(upto Dec.,2012
|
20000
(including Rs. 5000 cr for
warehousing)
|
14997.35
|
6917.43
|
This was stated by the Minister of
State for Finance, Shri Namo Narian Meena
in a written reply to a question in the Lok Sabha today.
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DSM/RS/ka