IndexThe Review CommitteeOrganizational StructureAssistance to Rural Women in Non-Agricultural DevelopmentAssistance in Marketing of Non-Agricultural Produce of Rural WomenWomen Development Program across the AreaNABARD is established as a Bank of apex development with the mandate to facilitate flow of credit for promotion and development of agriculture, small scale industries, cottage and village industries, handicrafts and other rural crafts. It also has the mandate to support all other related economic activities in rural areas, promote integrated and sustainable rural development and ensure the prosperity of rural areas. Adopts institutional strengthening measures to improve the absorptive capacity of the credit delivery system, including monitoring, formulation of rehabilitation programs, restructuring of credit institutions, staff training, etc. Say no to plagiarism. Get a tailor-made essay on "Why Violent Video Games Shouldn't Be Banned"? Get Original Essay Coordinates rural financing activities of all institutions engaged in development work at field level and maintains liaison with Government of India, State Governments, Reserve Bank of India and other national level institutions concerned with policy formulation . Prepares, on an annual basis, rural credit plans for all districts of the country; these plans form the basis for the annual credit plans of all rural financial institutions. It undertakes to monitor and evaluate the projects it refinanced. It promotes research in the areas of rural banking, agriculture and rural development. The Committee for Review of Institutional Credit Arrangements for Agriculture and Rural Development (CRAFICARD) constituted by the RBI under the chairmanship of Shri B Sivaraman in its report submitted to the Governor, Reserve Bank of India on 28 November 1979 recommended the creation of NABARD. Parliament, through law 61 of 1981, approved its institution. NABARD was established, in terms of the preamble of the Act, "to provide credit for the promotion of agriculture, small scale industries, cottage and village industries, handicrafts and other rural activities crafts and other allied economic activities in rural areas for the purpose of promoting IRDP and ensuring prosperity of rural areas and for matters connected therewith and incidental thereto. The main objectives of NABARD, as set out in the statement of objectives, by presenting the bill in the Lok Sabha Parliament has been classified. as follows: The National Bank shall be an apex organization in all matters relating to policy, planning of operational aspects in the field of credit for promotion of agriculture, small scale industries, cottage and village industries, crafts and other rural activities. crafts and other related economic activities in rural areas. Bank will act as a refinancing institution for long-term and short-term institutional credit for the promotion of activities in rural areas. The Bank will also provide direct lending to any institution as it may approve by the Central Government. The Bank will have organic links with the Reserve Bank and will maintain a close relationship within it. Organizational Structure Promote sustainable and equitable agriculture and rural development through effective credit support, related services, institutional development and other innovative initiatives. Pursuing this mission, NABARD focuses its activities on: Credit functions, which involve the annual preparation of potential-linked credit plans for alldistricts of the country for identifying credit potential, monitoring rural credit flow at grassroots level, issuing policy and operational guidelines for rural financing institutions and providing credit facilities to eligible institutions under various programs; development functions, dealing with strengthening credit functions and improving credit productivity; supervisory functions, ensuring the correct functioning of cooperative banks and regional rural banks; provides recommendations to the RBI on opening of new branches by state cooperative banks and RRBs. Coordinates rural financing activities of all institutions engaged in development work at field level and maintains liaison with Government of India, State Governments, Reserve Bank of India and other national level institutions concerned with policy formulation. Women's development received the attention of the Government of India in the First Plan (1951-56), with the welfare of disadvantaged groups such as destitute, disabled, elderly, etc. The Sixth Plan (1980-85) adopted a multidisciplinary development approach with emphasis on the three key sectors: health, education and women's employment. In the Seventh Plan (1985-90), development programs continued with the main objective of raising their economic and social status and bringing them into the mainstream of national development. The Eighth Plan (`1992-97) has played a very important role in the development of women. He promised to ensure that development benefits from different sectors do not ignore women, to implement special programs to complement overall development programs, and to monitor the flow of benefits to women from other development sectors and to enable women to function as equals in the development process. “Women's Empowerment” became one of the nine primary objectives of the Ninth Plan (1997-2002). To this end, the plan's approach was to create an enabling environment where women could freely exercise their rights both inside and outside the home, as equal partners with man. The Tenth Plan's (2002-2007) approach to women's empowerment was different from that of previous plans, as it is now based on a solid platform for action with defined objectives, targets and time frame. Accordingly, a three-pronged sectoral strategy for women's empowerment, based on the prescription of the National Policy for Women's Empowerment, included: Social Empowerment: Creating an enabling environment through various affirmative development policies and programs for women's development beyond to provide them easy and equal access to all minimum basic services so as to enable them to increase their full potential. Economic empowerment: ensuring the provision of training, employment and income generating activities with both “forward and backward” linkages with the ultimate goal of making all potential women economically independent and self-sufficient; and Gender Justice: - Eliminate all forms of gender discrimination and, therefore, enable women to enjoy not only de jure but also de facto rights and fundamental freedoms on par with men in all spheres, i.e. politics , economic, social, civil. , cultural, etc. Women and microcredit: - The Tenth Plan recognizes the need for a comprehensive credit policy to increase women's access to credit both through the creation of new microcredit mechanisms or microfinance institutions and by strengthening existing ones. In this context, expansion of Rashtriya Mahila Kosh activities has received special attention with adequate financial support in the Tenth Plan. Yesseeks to draw lessons from the success stories of various voluntary organizations that have already consolidated their credentials in the field of microcredit for women and encouraged them to expand their activities, both within and outside their states. Efforts are being made to equip all States/Union Territories with Women Development Corporations capable of providing both 'forward' and 'backward' linkages of credit and marketing services to women entrepreneurs, besides being an active catalyst for the economic empowerment of women. Assistance to Rural Women in Non-Rural Countries - Agricultural DevelopmentThis scheme aims to encourage lending to rural women, preferably organized in groups and supported by Voluntary Associations (VAs)/Non-Governmental Organizations (NGOs), Community Development Corporations women, Village Khadi and Industries Board (KVIC)/Khadi and Village Industries Board (KVIB), cooperative societies, trusts, etc. The program has both credit and grant components. It is envisaged that women's groups organized or sponsored by an appropriate agency can avail bank credit normally not exceeding Rs.50,000/- per woman member for an individual business or a group business with refinance support at 100% by NABARD. NABARD considers it need-based to grant the grant subject to the availability of promotional funds to meet the expenses of the sponsoring body for organizing groups, awareness raising, training and other related expenses. In case the sponsoring agency provides services such as supply of raw materials, quality control, marketing, etc., such services are carried out by it, they are also eligible for financial assistance under credit credit-related promotional programs NABARD i.e., Mother Unit/Common Service Centres. Assistance for marketing of rural women's non-agricultural products In this program, the objective is to extend credit and credit-linked promotional assistance to agencies involved in marketing of rural women's non-agricultural products, with the aim to give a boost to their efforts to create a “niche” or “women-friendly” market. The credit is extended through refinancing i.e. 100% refinancing up to a promotional subsidy of Rs.10 lakh. The cap on promotional assistance amount is 25% of the project outlay of Rs.10lakh i.e. Rs.2.5 lakh or 25% of the minimum sales turnover, whichever is less. Loan assistance through banks is up to Rs.10 lakh by way of refinance and 100% through refinance support. The ratio between the grant and the refinancing is 1:3. Soft loan assistance is provided to agencies for margin money (interest free loan). However, the bank will apply a 3% service fee. Furthermore, voluntary associations/non-governmental organizations and other project proponents are expected to be willing to contribute at least 10-15% of the project expenditure through their quota.Women Development Program through the areaWomen Development through the area The Program (DEWA) is an approach to promote women-specific activities and clusters with the aim of generating employment through entrepreneurship and assisting in the creation of sustainable businesses. The program aims to address the diverse needs of women, identified by women themselves, through capacity building, networking and convergence of services for targeted implementation and visible impact. NABARD's microfinance initiatives through its SHG-bank linkage program have gone through various phases, viz..