www.reportjunction.

com

www.sansco.net

ANNUAL REPORT 2010-2011

NATIONAL BANK FOR AGRICULTURE AND RURAL DEVELOPMENT
ISIEmergingMarketsPDF in-spjainmr from 115.115.176.107 on 2013-09-02 17:18:09 EDT. DownloadPDF. Downloaded by in-spjainmr from 115.115.176.107 at 2013-09-02 17:18:09 EDT. ISI Emerging Markets. Unauthorized Distribution Prohibited.

www.reportjunction.com

www.sansco.net

ISIEmergingMarketsPDF in-spjainmr from 115.115.176.107 on 2013-09-02 17:18:09 EDT. DownloadPDF. Downloaded by in-spjainmr from 115.115.176.107 at 2013-09-02 17:18:09 EDT. ISI Emerging Markets. Unauthorized Distribution Prohibited.

www.reportjunction.com

www.sansco.net

Letter of Transmittal

NATIONAL BANK FOR AGRICULTURE AND RURAL DEVELOPMENT Plot: C-24/‘G’, Bandra-Kurla Complex Post Box: 8121, Bandra (East) Mumbai - 400 051 CHAIRMAN Ref.No.NB.Secy./ 697 / AR-1/2011-12 11 July 2011 20 Ashadha 1933 (Saka) The Secretary Government of India Ministry of Finance Department of Financial Services New Delhi- 110 001 The Governor Reserve Bank of India Central Office Mumbai- 400 001 Dear Sir In pursuance of Section 48(5) of the National Bank for Agriculture and Rural Development Act, 1981, I transmit herewith the following documents : i. A copy of the audited Annual Accounts for the year ended 31 March 2011 alongwith a copy of the Auditors’ Report and Two copies of the Annual Report of the Board of Directors on the working of st National Bank during the year ended 31 March 2011.
st

ii.

Yours faithfully

Prakash Bakshi

ISIEmergingMarketsPDF in-spjainmr from 115.115.176.107 on 2013-09-02 17:18:09 EDT. DownloadPDF. Downloaded by in-spjainmr from 115.115.176.107 at 2013-09-02 17:18:09 EDT. ISI Emerging Markets. Unauthorized Distribution Prohibited.

Downloaded by in-spjainmr from 115. Unauthorized Distribution Prohibited.com www. DownloadPDF.net ISIEmergingMarketsPDF in-spjainmr from 115.reportjunction. .115.176. ISI Emerging Markets.107 at 2013-09-02 17:18:09 EDT.sansco.www.107 on 2013-09-02 17:18:09 EDT.176.115.

Khandey Dr. Karmakar Managing Director ISIEmergingMarketsPDF in-spjainmr from 115. Sinha K.176.107 at 2013-09-02 17:18:09 EDT. C.reportjunction. Sinha Alok Nigam Directors appointed under Section 6(1)(e) of the NABARD Act. Basu B.www. K. Downloaded by in-spjainmr from 115. .sansco. K. 1981 Dr. 1981 P. DownloadPDF.176.com www. K.107 on 2013-09-02 17:18:09 EDT.115. K.115. Jayakumar M. ISI Emerging Markets. Unauthorized Distribution Prohibited. K.net Board of Directors Rakesh Singh Chairman Directors appointed under Section 6(1)(c) of the NABARD Act. Chakrabarty Lakshmi Chand Shashi Rekha Rajagopalan Directors appointed under Section 6(1)(d) of the NABARD Act. 1981 R. I. K. G. Meena A.

Downloaded by in-spjainmr from 115. ISI Emerging Markets.sansco.com www. .107 at 2013-09-02 17:18:09 EDT.reportjunction.176.107 on 2013-09-02 17:18:09 EDT.115.net ISIEmergingMarketsPDF in-spjainmr from 115. Unauthorized Distribution Prohibited.176.www.115. DownloadPDF.

.......................... 125 Abbreviations .............................1 Evaluation Studies on RIDF Projects : Feedback on Benefits Realised .............................................................................................. 80 • Administration and Other Matters .....................................................................1 Repositioning of NABARD ..4 UPNRM Projects ............................................ 17 • Farm Sector ................................................................................................... 1 • Indian Economy ..................... Business Operations ......................................................................................... 17 • Rural Non-Farm Sector .......................1 Mid-Course Evaluation of Watershed Projects supported under WDF ............ 94 Schedules to Balance Sheet ..net Contents Page No..............................................118 E-mail Addresses of NABARD Head Office Departments at Mumbai .................................. 39 • Investment Credit ........... 124 Regional Offices/Cell/Training Establishments ............................................................ Economic Environment ......................................... Development and Promotional Initiatives .................................................................................3 Exotic Vegetables in Low Cost Poly-houses ........................... 61 3........ 36 3............ who had taken loans from private moneylenders......... Downloaded by in-spjainmr from 115................................176........................sansco............................................. 34 • Research and Development Activities .....2 NABARD Infrastructure Development Assistance ............................................................................................................. 28 • Micro-Finance ..........................107 on 2013-09-02 17:18:09 EDT.................................................................................... NABARD at a Glance Key Data References Principal Officers Highlights ............................................... 62 4............................................................................ 26 2...............................................7 Findings of the Study on Organised Agri-food Retailing and Supply Chain Management .................... 43 • Rural Infrastructure Development Fund ....6 Dalbandhus of Tripura ..........................................................................2 Working Groups for Twelfth Five Year Plan (2012-2017) ...................................................................... Corporate Governance and Management ........................................................... 82 VI...............reportjunction............................................................................................................... 91 Auditors’ Report ....................................................................................................................................................... 1 • Global Economy ..................... 8 2........ Financial Performance & Management of Resources ..................Pilot interventions ...................115................................................................................................................................................................ 19 2..................................................................................................................................................................................................................................................................... 76 V...........................................................................................................com www.........................................5 Salient features of Natueco Farming (10 Gunta Model) .................................................................................................................... ISI Emerging Markets.......................................................................................... 79 • Human Resources Management ...............................107 at 2013-09-02 17:18:09 EDT............................................... 30 • NABARD Consultancy Services ....2 Outcome of Village Development Programmes Phase I .............................................................................................................. i I............... 127 Boxes 1.......................................................... 18 2..............................................................................................................................................................................................1 Impact of GoI Revival Package for STCCS ............................................................................................................................................... 117 Consolidated Financial Statements 2010-11 ............................................................................................................................................................................................................................................................................................................................... 89 • Income and Expenditure ............................................................................................................................... 2 II.......................................... 93 Profit and Loss Account ............................................ 14 2.... 72 5........................................................www....................... 32 2................................................................................................................................................................................................... 87 • Uses of Funds ..............................................................A Success Story ........ 39 • Production Credit .................................................................................................................................................. 25 2.............................................................................................................................................................................. 8 1..................115................................................................................... 54 IV............................................................................................... 80 1........ 63 • Supervision of Banks .................... Organisation.................... 35 III.................................. Capacity Building of Client Institutions ... 26 • Financial Inclusion .............................................3 Task Force "to look into the issue of a large number of farmers....... .................. 79 • Management ................176.................................................................................... Unauthorized Distribution Prohibited............................................................................................................................................................................................. 20 ISIEmergingMarketsPDF in-spjainmr from 115.................................................................................... 92 Balance Sheet ..................................................................................................................................................................................... 87 • Sources of Funds ........................ 17 • Credit Planning ........................................... 63 • Institutional Development ................................................................................................................................. not being covered under the loan waiver scheme" : Recommendations ................................... 90 Annual Accounts 2010-11 ...................... DownloadPDF.................................................................................................. 95 Cash Flow Statement .........1 Union Budget 2011-12: Highlights on Agriculture and Rural Development ........................

4 : Sectoral Growth Rates of GDP ....................9 : Sub-sector-wise Ground Level Credit Flow for Agriculture & Allied Activities ............ 24 Table 2.... 74 Table 4.1 Chart 3.....2 : Production of Cereals........2 : Total Staff Strength . DownloadPDF...... 66 Table 4.......10 : Production of Major Crops ......4 Chart 3............15 : State-wise Benefits Estimated Under RIDF I to XVI ............................ Vegetables & Milk in the World ..... 37 Table 3.........3 : Economic Indicators ........ 12 Table 1...3 : Growth of Long-Term Co-operative Banks .......... 10 Table 1............107 at 2013-09-02 17:18:09 EDT...............6 : Region-wise Disbursements ..............net Tables Table 1............17 : Region-wise Working Results of RRB .....15 : Minimum Support Prices for Major Crops ........................10 : Sector-wise Projects and Amounts Sanctioned .3 Chart 3....4 : Rates of Interest on Refinance ..115. 56 Table 3. 5 Table 1............... 1 Table 1... 15 Table 2..........6 : Trends in Rainfall and Water Storage ..... 87 Table 6.............176..........................2 : Sanction of ST(SAO) Credit Limits to SCB .....1 : Sources of Funds ....14 : Frequency Distribution of States/UT according to Levels of Loan Recovery of SCARDB and PCARDB ........9 : Units Financed and Completed under Refinance Support .................................................................. 6 Table 1......15 : Elected Boards under Supersession ............7 : Region-wise Working Results of DCCB ...1 : Overview of Global Economy ......... 5 Table 1... 55 Charts Chart 1...4 : Progress of the Micro-Finance Programme . 2 Table 1........... ...................2 : Financial Support by NABARD . 39 : Agency-wise Share in Refinance Disbursements ......5 : Agency-wise Disbursements ................................................................................. 67 Table 4.......... 7 Table 1........12 : Utilisation Percentage under RIDF (I TO XVI) ......... 69 Table 4. 89 Table 2.......16 : Indicators of Performance of RRB .......RRB ............................................................. 39 Table 3.......... 12 Table 1....... 30 Table 2.................. 13 Table 1............. 60 Table 4. 56 ISIEmergingMarketsPDF in-spjainmr from 115.......5 : Trends in Exports and Imports .......11 : Percentage of Recovery of loans to Demand ........ 45 : Tranche-wise Sanction-RIDF I to XVI ...............11 : Production........1 : Short-Term Refinance (Production Credit) for the Last Five Years .......19 : Status of Financial Inclusion ....... 65 Table 4.............5 : Region-wise Share in Refinance Disbursements .. 64 Table 4.........12 : Frequency Distribution of Co-operative Banks according to Range of Loan Recovery Percentage .......... Downloaded by in-spjainmr from 115....................................................... 39 Table 3..........13 : Frequency Distribution of States/UT according to Level of Loan Recovery of SCB and DCCB ...... 44 Chart 3... 69 Table 4..........FIF and FITF .............. 68 Table 4.... 68 Table 4.................8 : Projects Sanctioned under Cold Storages and Rural Godowns .1 : Promotions Effected During the Year ................... 44 Table 3.................18 : Frequency Distribution of States According to Levels of Recovery of RRB ....6 : Training of RFI Personnel ...4 : Working Results of Co-operative Banks ...2 : Externally Aided on-going Projects .. 64 Table 4....................... 63 Table 4..... 58 Table 3................. 66 Table 4................................................... 3 Table 1................................... 59 Table 3..176........2 : Growth of Short-Term Co-operative Banks .... 70 Table 4....... 74 Table 4..... 73 Table 4. 9 Table 1........1 : Artificial Groundwater Recharge through dugwells 23 Table 3......14 : Cumulative Economic and Social Benefits of RIDF Projects .....................10 : Composition of NPA of Co-operative Banks ..... 41 Table 3......1 : Growth of PACS ............. 55 : Sector..... 29 Table 2. Year-wise Kisan Credit Cards Issued .... 4 Chart 1....... 57 Table 3.......... 42 Table 3.1-(b) : Monthly Inflation Rate for Major Sub-groups of WPI . 76 Table 5...3 : Funds Utilisation .............. 4 Chart 3........7 : Sector-wise Disbursements ...5 : Grant Assistance Extended to various Partners in SHG-Bank Linkage Programme ................... 45 Table 3......13 : Gross Capital Formation in Agriculture ......... 3 Table 1.. 11 Table 1........ 65 Table 4.......2 : Uses of Funds .................. Consumption and Exports of Major Plantation Crops .......13 : Year/Tranche-wise Disbursements and Deposits received under RIDF ... 64 Table 4....................8 : Region-wise Working Results of SCARDB ....7 : Area Sown under Major Crops .........12 : Area and Production of Major Horticulture Crops ...reportjunction........11 : Tranche-wise Sanctions and Disbursements On-going – RIDF XI to XVI ...........................www.3 : Sanction of ST(SAO) Credit Limits to RRB ......sansco...9 : Region-wise Working Results of PCARDB ..........107 on 2013-09-02 17:18:09 EDT.................... 31 Table 2. 63 Table 4.......wise Share in Amounts Sanctioned under RIDF ........8 : Agency-wise Ground Level Credit Flow ......... 81 Table 5..115...5 : Accumulated Losses ... Unauthorized Distribution Prohibited..6 : Region-wise Working Results of SCB .6 Chart 3............. 55 : Year-wise Disbursements under RIDF I to XVI ......................................... 47 Table 3....... ISI Emerging Markets.....14 : Agency-wise..com www...... 81 Table 6.......................................1-(a) : Annual Average Inflation Rate for Major Sub-groups of WPI ............. 53 Table 3....... 46 Table 3................

461 33.292 (-)1.004 6.878 59.118 225 1 2.36.000 2.171 1.reportjunction.58.546 4.680 3.872 7. g) Nabcons Borrowings from GoI 124 147 (-)23 h) Mutual Fund i) Biotech Venture Fund Borrowings from Commercial Banks 0 500 (-)500 j) Treasury Bills k) Commercial Paper Foreign Currency Loan 503 494 9 l) Non Convertible Bonds m) Equity Shares of other Institutions n) Debentures in Nature of Advance Certificate of Deposits 137 379 (-)242 Loans and Advances Commercial Paper 6.307 (-)1 (-)32 51 5.862 225 1 0 744 0 0 0 1.net NABARD AT A GLANCE (` crore) Sources of Fund 2011 2010 Net Accretion Capital 2.078 88 0 20 35.863 683 230 2.188 228 0 228 Borrowings against STD 360 0 360 13.000 h) RIDF Loans i) Co-finance (Net of Provision) Fixed Assets Other Funds Total 6.742 1 199 131 60.com www.140 (-)5 380 22.577 1.869 8.009 f) LT Non-Project Loans g) Other Loans STCRC Fund 14.622 5.812 Collateralised Borrowing and Lending Obligation 0 215 (-)215 193 0 25.520 235 2.768 a) Production & Marketing Credit b) Conversion of Production Credit into MT Loans c) Liquidity Support Term Money Borrowings 110 763 (-)653 d) MT & LT Project Loans e) Interim Finance RIDF Deposits 67.590 Reserves & Surplus 11.176.000 0 Cash and Bank Balances Collateralised Borrowing and Lending Obligation Investments in NRC(LTO) Fund 14.36.107 on 2013-09-02 17:18:09 EDT.417 51 a) GOI Securities NRC (Stabilisation) Fund 1.218 9.784 f) NCDEX Ltd.548 19 1 48 60 18 5 390 10 1.58. Downloaded by in-spjainmr from 115.580 Others Assets Total 0 1.885 24.422 22.107 at 2013-09-02 17:18:09 EDT.255 84 193 (-)20 (-)10.872 1.448 2.991 15 1 48 60 15 5 900 5 557 4 0 0 0 3 0 (-)510 5 11. & MCX Ltd.823 4 Other Liabilities 5.176.788 20.115. Bonds and Debentures 26.073 9.863 10.292 ISIEmergingMarketsPDF in-spjainmr from 115.435 0 167 182 66. Unauthorized Distribution Prohibited.461 0 13.675 1. ISI Emerging Markets.www.468 14.580 1.115.622 9.593 1.566 11 b) ADFC Equity c) AFC Equity Deposits 277 505 (-)228 d) SIDBI Equity e) AICI Ltd.sansco. DownloadPDF. .628 Uses of Funds 2011 2010 Net Utilisation 1.

314.867. Unauthorized Distribution Prohibited. forestry and fishing @ : Data pertains to financial years 2008-09 & 2009-10 1 : At Factor Cost at 2004-2005 prices ‘++: Of 170 kgs each ^ : Voluntary inspections * : Data pertain to 2008-09&2009-10 AE : Advanced Estamate ‘@@ : Statutory Inspections ISIEmergingMarketsPDF in-spjainmr from 115.36.Sanction No.SCB No.84.015 – 2010-11 8.01 59 79 17 151 16.92 3rd AE 7.com www.promotional programmes No.6 (-)23 8 27. PCARDB in profit @ No. FIPF.176.08 4. Weavers’ .115.NPA Position SCARDB .88 292.872 RE : Revised Estimate + : Includes agriculture.515 – – – – 463 1.603 404 220 5.545 97 154 4.10 14.7 10.19 235.86 62 10 – 21 4 80 – – – 3 41.4 QE 14.948 4.446 2.69 600 13.09 83 9 – 20 5 74 – – – – 8 39.RRB No. of projects Business Operations Financial Support by NABARD – Refinance .747 1.26 66 126 45 512 21.54 3rd AE 33.9 – 7 17. ISI Emerging Markets.107 at 2013-09-02 17:18:09 EDT.09 60.13 1.627 0. LT Co-operatives @ SCARDB in profit No.4 RE 2 21 16.47 44.627.36 218.01 57. of clubs NABARD-KfW Projects No.Investment Credit Farm Sector – NFS – SHG – Co-financing projects No.02 30 42 79 3. Co-operative banks@@ No.196 23.5 RE 6.30 24.982 196 236 1. Tribal development projects No.56 4.590 8 155 2.115.75 11 12.453 24. RRB@@ No. of projects Farmers’ Club No.779 – Amount (` crore) 2009-10 – – – – – 3. Downloaded by in-spjainmr from 115.779 – – – – 43.NPA@ % to loan O/S PCARDB .sansco.174 12 15.292 34. DCCB in profit @ No.545 14 18.107 on 2013-09-02 17:18:09 EDT.46.370 220. Particulars Unit Numerical Value 2009-10 Economic Indicators Overall GDP1 % Growth Agri GDP1+ % Growth Share of Agri GDP in total GDP % South-west Monsoon % deviation from normal North-east Monsoon GLC % increase Foodgrains production million tonnes Oilseeds production million tonnes Sugarcane production million tonnes Cotton production million bales++ KCC Issued million Development and Promotional initiatives Watersheds No.reportjunction.928 4. of projects REDP No.009.50 302 260 42 395 1. Financial Performance & Management of Resources Market Borrowings – Total Financial Resources – 8. of projects R&D Fund . of projects SHG Loan Disbursed* lakh Consultancy Assignments .029 3.58.176.Contracted No.08 13.483 34.068 24.469.759 215.75 9.832 542 12.NPA @ % to loan O/S LT Co-operatives . of projects .63 47 16.715 18.888 2010-11 – – – – – 4.00 33 43 79 3. RRB .97 – 135.Disbursement – Capacity Building of Client Institutions ST Co-operatives SCB in profit @ No.470 – – – – 87 87 – – – – 25.630 18. .466 3.48 240 40.015.RRB – Refinance .97 12.88 3rd AE 30.26 120. SCC Issued lakh FITF & FIF No.764 17.485.72 343 282 61 28 323 11 307 9.327 1.20 205 15. FTTF No.799.SCB No.060.57 373.NPA @ % to loan O/S RRB RRB in profit No.22 9.45 5.109 177 6.0 QE 0. .ST Credit ST (SAO) .6 RE 14.91 18.88 12.16 16.55 4.NPA @ % to loan O/S DCCB .projects No.Sanction No. RIDF Loans .253 17.www.net KEY DATA REFERENCES Page No.514 – – – – 34.87 5.11 24.254 1.25 3rd AE 340. RIF.NPA Position SCB .11 1.742 2.04 1 2 2 4 5 7 9 10 10 10 13 18 20 20 21 21 24 26 27 27 29 30 34 35 39 40 40 41 41 42 46 46 46 46 55 55 64 64 64 64 65 65 66 66 73 73 76 76 76 26 321 12 343 11. DownloadPDF.04 3.NPA Position % to loan O/S ^@@ Inspection of banks No. ST (OSAO) . ST Co-operatives .903 8 122 3.34 514.055 3.97 5.

Downloaded by in-spjainmr from 115. C. K. Kaushik (Punjab ) P . Ramakrishna Rao C. Mitra Amaresh Kumar Dr. Menon V. G. D. Mishra J. Patnaik (Odisha) B. . L. Rao (West Bengal) ISIEmergingMarketsPDF in-spjainmr from 115. L.107 at 2013-09-02 17:18:09 EDT. T. Gupta S.176. Balan H.net PRINCIPAL OFFICERS (31 March 2011) EXECUTIVE DIRECTORS S.115. Ratnoo (Himachal Pradesh) M. DownloadPDF. Panigrahi S. V. P . Ashok (Jharkhand) G. K. K. Mishra D. Sukhdeve (Jammu & Kashmir) K. C. Akbar (Madhya Pradesh) A.sansco. Mishra (Uttar Pradesh) M. G.115. Mohan Doss (Bihar) S. Talreja (Haryana) M. Shekhawat R. Raghuraman Suraj Bhan J. S. Siddesh (Gujarat) K . Muralidhara Rao (Rajasthan) Dr.107 on 2013-09-02 17:18:09 EDT. Prakash Bakshi CHIEF GENERAL MANAGERS (Rural Development Banking Service) V.com www. Gopalakrishna P . B. Kumbhare P . C. K. S. K . Bandyopadhyay Dr. A. K. Narayan (Tamil Nadu) C. ISI Emerging Markets. Satish (Maharashtra) K C Shashidhar (Kerala) Pankaj Pandit (Uttarakhand) Dr. C . R. Mohanaiah (Andhra Pradesh) S. Srivastava (Assam) B.www. Patro (NABCONS) N. Nayak S. V. Venkatesh Tagat (Karnataka) S . S.176. K .reportjunction. Singh Niraj Kumar Gupta A. Unauthorized Distribution Prohibited. P .

Padmanabhan R. Sahoo (Chhattisgarh) CHIEF GENERAL MANAGERS (Legal/Technical Service) U.www. Negi (Srinagar Cell) ISIEmergingMarketsPDF in-spjainmr from 115. Saha (Nagaland) R. R. G.com www. Jodha (Meghalaya) R. Sandilya (Goa) B. M. N. Dey (Sikkim) M. L. Ghole (Mizoram) Dr. Amalorpavanathan NBSC. Rajwani P . C. M. V. Lucknow Dr. Mukhopadhyay (Arunachal Pradesh) G. DownloadPDF. Unauthorized Distribution Prohibited.176. .176. Baheti (RTC.sansco.107 at 2013-09-02 17:18:09 EDT. S. Downloaded by in-spjainmr from 115. Sundar (Tripura) S. Dave (New Delhi) A. S. P . H. U. P . Mangalore) Dr.net K. V. N.115.115.reportjunction. P .107 on 2013-09-02 17:18:09 EDT. Prasad A. ISI Emerging Markets. Chintala (Andaman & Nicobar Islands) B. Nemlekar (Manipur) P. Renganathan (Technical) OFFICERS-IN-CHARGE OF REGIONAL OFFICES/CELL TRAINING INSTITUTIONS H. R. N. S. Srivastava (Legal) Neeraj Kumar (Technical) Dr. K.

779 crore. The livestock sector contributed 3.176.6 per cent during the fiscal 2009-10.88 million hectares more than the area covered during the corresponding period of kharif 2009.176.750 crore estimated at 1. 16 per cent and 10 per cent respectively.14 per cent of the target.0 per cent more than the Long Period Average (LPA) during the South-West monsoon (June-September) 2010. The contribution of agriculture sector to the GDP was 14.2 per cent during 2010-11.4 per cent during 2010-11 as compared to 3. 2.0 in 2008-09.26 million Kisan Credit Cards were issued by banks with sanctioned credit limit of ` 43.706 crore. Agricultural exports increased from ` 81. The country as a whole received 912. Co-operative Banks and Regional Rural Banks (RRB) disbursed ` 3. 8.115. DownloadPDF. a marginal decline of 0. 40.4 per cent in 2011.5 per cent in 2010-11 compared to a growth of 8. a decline of 0.32. Commercial Banks.75.93 million credit cards issued. The percentage share of agriculture and allied products in the total exports was 9. 4. followed by Banks.2 million hectares by March 2010.968 crore. 45.6 percentage points relative to 2010.70 million cards by co-operative banks and 15.03 million cards were issued by commercial banks. The crop acreage under various crops during kharif 2010 was 103. Food inflation was high due mainly to rise in prices of rice.net Highlights Economic Environment 1.sansco. 7.1 per cent in 2008-09 to 3.8 mm of ` 4.4 per cent during 2009-10 to 6.1 and 18. The share of food and allied products in the total imports of the country increased from 2.com www. as compared to 2009-10.46. The overall inflation rate as measured by changes in the Wholesale Price Index on a monthly basis was 9. i ISIEmergingMarketsPDF in-spjainmr from 115.reportjunction. Rainfall during the North-East monson was also 21 per cent more than the LPA.52 million hectares. The irrigation potential created under all types of irrigation structures has increased from 81. .269 crore during 2009-10. 3.10 million hectares in 1991-92 to 108. registering a growth of 4. vegetables.107 on 2013-09-02 17:18:09 EDT. The Gross Domestic Product (GDP) of the country has registered a growth of 8. The World Economic Outlook (WEO) of the 6. Downloaded by in-spjainmr from 115. while certified/quality seed distribution was 321. Area sown under rabi crops in 2010-11 was more by 2. meat and fish. with growth in area under rabi foodgrains at 3. 9. of the total credit flow during 2010-11.36 lakh quintals during 2010-11. Of the cumulative 100. as on 31 March 2011.30 per cent. As against the target of ` 3.000 crore of credit flow to agriculture for 2010-11.5 per cent to the GDP and 28.20 million cards by Regional Rural rainfall. milk. contributing 74 per cent. which was 2. achieving 119.9 during 2009-10 as compared to 9.3 million hectares). respectively. During 2010-11.4 per cent to GDP from agriculture. as at the end of March 2011.40 million hectares over the previous year. 7.41 per cent.2 per cent. fruits. ` 70.0 per cent in 2009-10.5 lakh quintals. Unauthorized Distribution Prohibited. The major increase in area was under rice (2. Utilisation was to the extent of 85 per cent.90 million hectares.115.105 crore and ` 43. ISI Emerging Markets. eggs. 5. The high growth trajectory of GDP has been during 2010-11 indicated an increase of 9. Total crop acreage under both kharif and rabi International Monetary Fund has projected the growth in global output at 4.370 crore. the banking system disbursed during 2008-09 to ` 85. The production of breeder and foundation seed is facilitated due to a rebound in agriculture from 0. as compared to 23 per cent less than the LPA in the corresponding period last year.107 at 2013-09-02 17:18:09 EDT. which was 6.www.6 per cent during 2010-11.7 per cent in 2009-10.

www.reportjunction.com

www.sansco.net

10.

Out of ` 29,240 crore received under the

12. According to the 3rd Advance Estimates, the foodgrain production during 2010-11 has been estimated at 235.88 million tonnes, as compared to 218.11 million tonnes (final estimate) during 2009-10, registering an increase of over 8 per cent compared to the previous year. Area and production under horticulture crops increased from 20.7 million hectares and 214.7 tonnes, respectively, during 2008-09, to 20.9 million hectares and 223.1 million tonnes, respectively, during 2009-10. India’s global share in world production, on a two year average basis, as per Food and Agriculture Organisation (FAO) estimates, was 10.29 per cent for cereals, 9.23 per cent for vegetables and 15.81 percent for milk.

Agriculture Debt Waiver and Debt Relief Scheme 2008, the cumulative disbursements by NABARD was ` 29,071 crore against claims of ` 29,102 crore. The share of SCB, SCARDB and RRB stood at ` 18,289 crore, ` 3,810 crore and ` 6,972 crore, respectively. 11. The GCF in agriculture and allied sectors from ` 86,611 crore in 2005-06 to

increased

` 1,33,377 crore (at 2004-05 prices) in 2009-10. The GCF in agriculture and allied activities, as a proportion to GDP in the sector, increased from 14.57 per cent in 2005-06 to 20.30 per cent in 2009-10.

Development and Promotional Initiatives
Credit Planning
13. During the year, Potential Linked Credit Plans (PLP) were prepared for 624 districts in the country, to guide the banks in the credit planning excercise and for infrastructure development in 2011-12. State Focus Papers, presenting a comprehensive picture of the potential available in various sectors of the rural economy and critical infrastructure gaps to be bridged, were discussed with all State Governments and banks. these components were ` 350.03 crore and ` 33.18 crore, respectively. Under the Special Plan for Bihar component of the Rashtriya Sam Vikas Yojana (RSVY), a total of 79 projects covering an area of 84,444 ha., had been sanctioned, of which six are at Capacity Building Phase and 73 at Full Implementation Phase. A sum of ` 20.18 crore was disbursed during the year under the programme and the cumulative disbursement, as on 31 March 2011, stood at ` 34.17 crore. 16. The Climate Change Adaptation Project in implemented Trust is the by first of the its Watershed kind being

Farm Sector
14. During the year, 66 watershed projects were sanctioned, taking the cumulative number of such projects to 579, covering an area of 4.86 lakh ha., in 14 states, with a total commitment (loan and grant component) of ` 220.57 crore. Under the Prime Minister's Relief package for 31 distressed districts in four States, 71,127 ha., were taken up for implementation during the year, taking the cumulative area and financial commitment to 9.42 lakh ha., and ` 1,023 crore, respectively. 15. An amount of ` 152.26 crore and ` 3.18 crore were

Akole & Sangamner Talukas of Ahmednagar District, Maharashtra Organistion

considered under WDF. Swiss Agency for

It involves a total financial and Cooperation

outlay of ` 34.15 crore, with grant assistance from Development (` 10.80 crore) & NABARD (` 20.62 crore) and contributions from villagers (` 2.73 crore). The project is expected to develop a replicable model for Climate Change Adaptation in semi-arid and rainfed regions of the country.

disbursed under watershed projects as grants and loans during the year; the cumulative disbursements under

17.

The Village Development Programme is now

being implemented in 801 villages spread across 25

ii
ISIEmergingMarketsPDF in-spjainmr from 115.115.176.107 on 2013-09-02 17:18:09 EDT. DownloadPDF. Downloaded by in-spjainmr from 115.115.176.107 at 2013-09-02 17:18:09 EDT. ISI Emerging Markets. Unauthorized Distribution Prohibited.

www.reportjunction.com

www.sansco.net

States. The programme was completed in 115 villages and is under different stages of implementation in 686 villages.

respectively, were released for Sultanpur and Rae Bareli districts of Uttar Pradesh, during the year, taking the cumulative disbursements to ` 7.72 crore. ` 8.98 crore and An amount of ` 27.48 crore was

18.

During the year, financial assistance of ` 373.97

sanctioned for 2,816 units under Dairy Venture Capital Fund (DVCF), ` 28.57 crore for 342 units under Poultry Venture Capital Fund (PVCF) and ` 9.69 crore for 1,978 units under Dairy Entrepreneurship Development Scheme (DEDS). The cumulative sanctions as on 31 March 2011 stood at ` 174.39

crore under Tribal Development Fund was sanctioned for 126 projects benefiting 94,163 tribal families in various states. Cumulatively, ` 917.60 crore was sanctioned to 317 projects covering 2.50 lakh families. 19. During 2010-11, under Farm Innovation and

crore for 18,184 units under DVCF, ` 48.18 crore for 633 units under PVCF, and ` 9.69 crore for 1,978 units under DEDS. Under the programme of Artificial Groundwater Recharge through Dugwells, net subsidy of ` 280.637 crore was released by NABARD, for construction of 7.13 lakh Artificial Recharge Structures.

Promotion Fund (FIPF), 45 projects were sanctioned in 15 states, with grant assistance of ` 5.47 crore. Cumulatively, 123 projects were sanctioned with a financial support of ` 11.65 crore. Under the Farmers’ Technology Transfer Fund (FTTF), 512 diverse and innovative projects in 27 states were sanctioned during the year 2010-11 with grant assistance of ` 44.97 crore. 20. During the year, 21,903 Farmers' Clubs (FC) were launched, taking the total number of clubs to 76,708, as on 31 March 2011. Agency-wise, NGO promoted maximum number of clubs (13,599), followed by cooperative banks (2,922), commercial banks (2,733), RRB (2,215), State Agricultural Universites (SAU)/Krishi Vigyan Kendras (KVK) [255] and other agencies (179). During 2010-11, three Farmers' Training and Rural Development Centres (FTRDC) were provided a total grant assistance of ` 1.02 crore under FTTF. During the year, 282 exposure visits for 7,548 farmers were arranged in collaboration with select research institutes, KVK and SAU. 21. During the year, 44 projects covering 220

23.

NABARD received ` 132.27 crore during 2010-11

and disbursed ` 135.76 crore as grant assistance during the year under the Kreditanstalt für Wiederaufbau (KfW) supported externally aided projects, which are at various stages of implementation.

Rural Non-Farm Sector
24. During the year, 122 innovative projects were

sanctioned under the NABARD-SDC Rural Innovation Fund, taking the cumulative number to 375. An amount of ` 10.42 crore was sanctioned for these projects, taking the cumulative sanctions to disbursement ` 49.28 crore. The during the year, including for projects

sanctioned earlier, was ` 14.42 crore.

25.

Under the 'Scheme for Strengthening of Rural

villages were launched with a financial commitment of ` 15.41 crore under ‘Pilot Project on augmenting productivity of lead crops/activities through adoption of sustainable agricultural practices’. 22. Under the Special Project on Livelihood Based ` 0.41 crore and ` 0.33 crore

Haats', grant support of ` 5.74 crore was sanctioned to 118 rural haats during 2010-11. Cumulative grant assistance was ` 13.19 crore for 307 rural haats across 23 States. A total of 113 clusters across 84 districts in 22 States had been approved during the year, while 3,327 Rural Entrepreneurship Development Programme (REDP) / Skill Development Programme

Development,

iii
ISIEmergingMarketsPDF in-spjainmr from 115.115.176.107 on 2013-09-02 17:18:09 EDT. DownloadPDF. Downloaded by in-spjainmr from 115.115.176.107 at 2013-09-02 17:18:09 EDT. ISI Emerging Markets. Unauthorized Distribution Prohibited.

www.reportjunction.com

www.sansco.net

(SDP) were supported with financial assistance of ` 12.34 crore. As many as 20 clusters are supported in the NER. Cumulatively, 17,859 REDP/SDP have been supported with grant of ` 83.35 crore.

29.

Under

the

Microfinance

Development

and

Equity Fund,

` 47.38 crore was released during 2010-

11, of which ` 29.95 crore was grant support for promotional activities and ` 17.43 crore for Capital Support / Revolving Fund Assistance to Micro Finance Institutions, as against ` 20.49 crore and ` 60.42 crore, respectively, in the previous year. During the year, grant assistance of ` 37.86 crore was sanctioned to various agencies for promoting and credit linking 81,890 groups, taking the cumulative assistance sanctioned to ` 146.22 crore for 5.81 lakh groups. Grant assistance of ` 51.06 crore was released during the year for the formation of 4.01 lakh SHG. Nearly 2.60 lakh SHG were credit linked.

26.

During the year, 1.20 lakh Swarojgar Credit

Cards (SCC) with credit limit of ` 514.26 crore were issued for facilitating hassle-free availability of credit for investment and working capital requirements of small / micro-entrepreneurs. The cumulative total of SCC was 12.12 lakh involving credit limit of ` 4,949.51 crore.

Financial Inclusion
27. RBI contributed ` 3.46 crore [` 3.05 crore towards Financial Inclusion Fund (FIF) and ` 0.41 crore towards Financial Inclusion Technology Fund (FITF)], during the year 2010-11, while the GoI contributed ` 30 crore each to the two Funds. NABARD contributed ` 30 crore (FIF) and ` 40 crore (FITF). An amount of ` 19 crore under FIF and ` 101.10 crore under FITF were sanctioned during the year. As on 31 March 2011, ` 38.66 crore for 150 projects under FIF and ` 122.41 crore under FITF for 55 projects had been utilised during have been sanctioned. 2010-11 for activities Under NABARD-UNDP collaboration, ` 173.22 lakh conducted by NABARD in seven focus states : Bihar, Chhattisgarh, Jharkhand, Madhya Pradesh, Odisha, Rajasthan and Uttar Pradesh.

30.

Under

the

Rajiv

Gandhi

Mahila

Vikas

Pariyojana, 25,571 SHG were promoted, of which 14,979 were credit linked by end March 2011. In addition, 951 Cluster Level Federations and 26 Block Level Federations have been formed.

31.

An amount of ` 24.74 crore was sanctioned as

grant for promoting 1.25 lakh Joint Liability Groups across the country till March 2011. During the year, 1,606 Micro Enterprise Development Programmes were conducted for 37,138 members on various location-specific farm, non-farm and service sector activities. Cumulatively, 4,449 MEDP were conducted for 1.09 lakh participants.

Micro-Finance
28. There were more than 69.53 lakh savings-linked SHG and more than 48.51 lakh credit-linked SHG covering 9.7 crore poor households, as on 31 March 2010, under the microfinance programme. The share of outstanding bank loans to SHG as a percentage of bank loans to weaker sections by scheduled commercial banks (31 March 2010) was 16.3 per cent, compared to 15.8 per cent in the previous year.

32. for

NABARD continued to support the project implementing 'Micro-Finance Vision 2011'.

sanctioned to the Government of Arunachal Pradesh The project involves promoting and credit linking of 1,650 SHG at a cost of ` 39.15 lakh. An amount of ` 9.49 lakh has been released so far.

33.

NABARD Financial Services Ltd. disbursed an

amount of ` 50.64 crore to 2,019 groups through 31

iv
ISIEmergingMarketsPDF in-spjainmr from 115.115.176.107 on 2013-09-02 17:18:09 EDT. DownloadPDF. Downloaded by in-spjainmr from 115.115.176.107 at 2013-09-02 17:18:09 EDT. ISI Emerging Markets. Unauthorized Distribution Prohibited.

taking the cumulative assistance to ` 347.65 crore worth assignments during 2010-11. Grant assistance of ` 15. achieved ` 24.18 lakh was released during the year to Centre for Microfinance Research (CMR) established by NABARD in Bankers Institute of Rural Development (BIRD).115.14 crore) and other activities (` 0.50 crore were made to MFI and Federations.reportjunction.107 on 2013-09-02 17:18:09 EDT. BIRD conducted a special on-location programme on Credit Planning and Development Finance for IAS probationers undergoing Phase I course. NABARD Chair Professor Scheme (` 0.68 crore was utilised from Mussorie and an in-house programme on financial system and development finance for probationers of the Indian Economic Service.net Business Correspondents (BC) during 2010-11. three Professors affiliated to IARI. Mangalore the Research and Development Fund for supporting activities like research projects/studies (` 0. at the Lal Bahadur Shastri National Academy of Administration. Unauthorized Distribution Prohibited.58 crore was utilised (NABCONS). During the year. disbursement stood at ` 136. monitoring of various programmes conducted Establishments of the Bank for 14. grant assistance of ` 1. training/summer placement (` 15. The cumulative organised an International Exposure Programme on Micro Finance for a batch of 14 officers from SANASA Development Bank. RTC. the bank provided technical and financial support to seven Junior Level Training Centres. During the current year. symposia and workshops covering subjects/ areas related to agriculture and rural development including agricultural marketing. In 36.13 crore of contracts and executed `16. research institutes and other agencies for organising 131 seminars. by 576 the training Training viz.www. Under the NABARD Chair Professor Scheme. occasional papers (` 0.14 crore. ` 17. DownloadPDF.176. Bhubaneswar were appointed by the Bank.667 participants. 39. subsidiary NABARD. infrastructure projects in different states adjoining the international borders of the country.176. disbursements to the extent of ` 1. Sri Lanka during the year. ISI Emerging Markets. During the year 2010-11. Micro-finance for micro-enterprises and lakh.77 crore). five Occasional Papers titled Kisan Credit Card. under Border Area Development Programme (BADP).sansco. conferences.107 at 2013-09-02 17:18:09 EDT. v ISIEmergingMarketsPDF in-spjainmr from 115. Further. Research and Development Activities 35.80 crore. taking the aggregate disbursements during the year to ` 52. Alagappa University and Xavier Institute of Management. NABARD the Consultancy wholly Services owned Pvt Ltd of Promoting Rural non-farm sector were published. NABCONS its business by entering into significantlly diversified new areas of business. 12 Agricultural Co-operative Staff Training Institutions and three Integrated Training Institutes to enable them to improve their training system.09 crore were sanctioned. During the year. ten research projects involving a grant assistance of ` 1. Downloaded by in-spjainmr from 115.02 crore).19 crore. During were the year. During the year.80 crore).80 crore).27 crore was addition. the profit after tax was ` 5. Economics of sugarcane production and processing. During 2010-11. 37. development of web based MIS for various State Government Programmes. 6 have been completed and the remaining are ongoing.. from the Fund during the year on training of staff of client banks.com www. Of the prioritised 27 themes for research. six projects/studies sanctioned earlier were completed during the year. 38.15 crore). Grant assistance of ` 153. .115. seminars (` 0.36 sanctioned to various universities. NABARD Consultancy Services 34. Infrastructure for Agriculture and Rural Development.

` 249 crore was released to 212 sugar mills operating in 11 states. Out of ` 170.176. credit limits were sanctioned scheme was announced in the Union Budget 2010-11. Karnataka. .249. ISI Emerging Markets.30 per cent over that of the previous year. registering a growth of 5.31 crore for Oilseeds Production Programme. 42. NABARD continued to act as nodal agency for GoI package for restructuring of Term Loans of Co-operative sugar mills.www.696. During the year. limits of ` 9. Pondicherry and Tamil Nadu). Unauthorized Distribution Prohibited. was ` 34. at endDuring 2010-11. announced in the year 2009-10 to those farmers who repaid crop loans promptly within one year of disbursement was enhanced to 2 per cent during 2010-11. `210.483 crore.94 crore was disbursed to 77 co-operative sugar mills in Maharashtra and Odisha. as against ` 177.13 crore sanctioned to 74 RRB in 2009-10. 1. The growth in refinance disbursed during the year was 12. 45. The continuance of the interest subvention NABARD during 2010-11 stood at `60.14 crore received from GoI towards interest subvention.87 crore. the total investment credit (including co-finance) disbursed was ` 13. During the year.97 crore for National Pulses Development Programme and `752.989 HWG have been credit linked.39 crore) and Rajasthan ( ` 60. during the last three years.5 per cent interest rate for lending to the ultimate borrowers at 7 per cent. Production Credit 41. co-operative banks and RRB for deploying their own funds for crop loan upto ` 3 lakh per farmer. The aggregate limit for STOSAO sanctioned to RRB during 2010-11 was ` 600 crore.98 per cent over 2009-10. 44. 4.115. Refinance of ` 140.607 Handloom Weavers’ Groups were formed by banks in various States.76 crore for credit requirements of tribals under the Development of Tribal Population.000 crore.72 crore. The maximum outstanding was `23.5 per cent per annum was available to public sector banks. 43.196 crore.com www.107 on 2013-09-02 17:18:09 EDT.107 at 2013-09-02 17:18:09 EDT. The credit limits included ` 2. to 21 State March 2011. The scheme of extending ST refinance to State Agriculture and Rural Development ` 2.69 crore were Investment Credit 47.reportjunction.0 per cent interest rate per annum. Out of ` 383. Interest subvention of 1.net Business Operations 40.759 crore.176. Further. as against the target of ` 12.59 crore received from GoI towards interest subvention. DownloadPDF. 46. ` 169.115.90 crore for the Oilseeds Production Programme.sansco.62 crore) SCARDB at 4.799.832.485.109 crore sanctioned to 20 SCB during 2009-10. During 2010-11. Short-Term weavers credit limits aggregating ` 215. The limits included ` 820. an amount of ` 1.23 crore for Development of Tribal vi ISIEmergingMarketsPDF in-spjainmr from 115. as against ` 542 crore in the previous year. Additional subvention of one per cent.75 crore were sanctioned to four SCB (Andhra Pradesh. as against `18. Of these.980 crore. ` 201. provided the ultimate borrower got such loans at 7. The total financial support extended by Population and ` 16.01 crore was extended to Kerala ( ` 79.261. Co-operative Banks for SAO was continued during the year. The total production credit disbursed.32 crore during 2009-10. The sanctioned to 80 RRB under ST-SAO as against ` 6.20 crore for National Pulses Development Programme. NABARD also acted as nodal agency for channelising the interest subvention to Co-operative Banks and RRB under the "Scheme for Extending Financial Assistance to Sugar Undertakings -2007". Downloaded by in-spjainmr from 115. The maximum utilisation was ` 598 crore. been Interest at subvention estimated Short-term Seasonal Agricultural Operation (SAO) Co-operative Banks (SCB) aggregating `23. During 2010-11.90 per cent. The achievement against target was 103.40 crore was disbursed as for subvention 2010-11 for has 2009-10.

34.15 per cent for ADFC/NABFINS and 10.. Specific NABARD also conducted 16 (ISS) executed Studies (SS) covering farm and rural non-farm sectors. RRB.500 crore. 43. Standardisation. rural godowns.49 crore was disbursed for 110 projects.8%).000 crore during 2010-11 taking the cumulative allocation to ` 1. followed by was accounted for by NFS SHG (18.64 crore. The total allocation for RIDF. During the year. involving a TFO of ` 7.107 at 2013-09-02 17:18:09 EDT. was released for 8. Unauthorized Distribution Prohibited. In all. an An amount of ` 1.176. as on 31 March 2011. projects with TFO of ` 978.45 crore were considered for sanction. 49. Refinance distribution across regions varied component. 52. amount of ` 3.sansco. the major share of sector-wise refinance (25.16. with allocation of ` 18. 48. extended to Sikkim and Lakshadweep Chhattisgarh Under the scheme Grading for and Agricultural Marketing 654 Infrastructure. NABARD is the nodal agency for channelising (TFO) of ` 840. necessitated the revision of interest rates on refinance five times during the year. followed by north (21%).75 per cent for Commercial Banks. 390 projects were sanctioned under the scheme involving TFO of ` 28. Changing market conditions. taking the cumulative number of sanctioned projects to 51.1%). till 2009-10.176. .115. Minor Irrigation (6. Subsidy of ` 1. vii ISIEmergingMarketsPDF in-spjainmr from 115.15 per cent for co-operative banks/ PUCB/ NEDFi.80 per cent was for thrust areas. ISI Emerging Markets.net policy of preferential treatment to states in NorthEastern.8%) and Dairy Development (6. with effect from 07 February 2011 stood at 9.912 crore were granted subsidy of ` 274. 4. The annual allocation under the Rural Infrastructure Development Fund (RIDF) was ` 16. a total of 667 units (vermi-hatchery units-627. 8.500 crore. central (14%) and other regions (22%).15 crore was released to the banks during the year.15 per cent.6%). Interest rates.03 crore. Eastern.64 Rural Infrastructure Development Fund 54. agricultural market infrastructure.00 crore.75 crore under the Scheme for Agri Clinics and Agri Business Centres (ACABC). During the year. agri-clinics Investment and agri-business Studies centres and and 8 solar Special homelighting system. 51. Cumulative sanction and disbursement were ` 240. MoU were executed with 27 banks. During the year. 9. thus. for NER. impacting cost of funds for NABARD. bio-fertilizers units-36 and fruit & vegetable waste compost units-13) had been sanctioned with net subsidy release of ` 12. a separate window was introduced in 2006-07 for funding rural roads component of Bharat Nirman Programme.38 crore. the rate of interest for all agencies was pegged at 9. stood at ` 1.62 crore and release of subsidy of ` 5.45 crore till 31 March 2011.987 units under the Jawaharlal Nehru National Solar Mission. with a total financial outlay to the extent of crore.www.492 units involving TFO of ` 2. Downloaded by in-spjainmr from 115. was Hilly also Regions. Additionally. subsidy. monitoring and coordinating with others under the Capital Investment Subsidy Scheme of GoI.35 crore and ` 153. a commercial bank. Cumulatively.9%). 50.reportjunction. Cumulatively.5 per cent for NBFC. SCB and SCARDB continued to be classified under A/B/C/D categories based on the level of Net NPA reckoned as a percentage to net loans and advances outstanding/ recovery performance and profitability. viz. Under National Project on Organic Farming (NPOF).000 crore.107 on 2013-09-02 17:18:09 EDT. respectively. NABARD conducted widely with the south accounting for the highest share (43%). MoU for co-financing were with 5 RRB in Andhra Pradesh and seven evaluation studies covering four investments.com www. Under the Schemes on Animal Husbandry. including Sikkim.115. The disbursement during 2010-11 was ` 14. During the year 2010-11. Of the total refinance disbursed.25 per cent for RRB. 9. 53. However. three new projects were sanctioned. Farm Mechanisation (13.69 crore was released as subsidy for poultry processing and sheep/goat rearing units. DownloadPDF. Subsidy of ` 83.61 crore towards the subsidy during 2010-11.

162 and cumulative amount sanctioned to ` 1. while their loans outstanding increased by 4 per cent and 1 per cent. marginal increase of 5. The borrowings of State Co-operative Agriculture and Rural Development Banks (SCARDB) as on 31 March 2010. the borrowings of SCB and DCCB increased by 12 per cent and 3 per cent. of which borrowing members were 5. aggregated ` 6.18 crore.21.060. Jammu & Kashmir (86%). followed by Uttarakhand and Goa (100%). DownloadPDF. The cumulative amount of loan sanctioned and disbursed to States in the North-Eastern region.02 per cent during 2009-10 as compared to the net margin of 0. Unauthorized Distribution Prohibited. constituting 47. earned net margin of 1. taking the cumulative number of projects to 4.293. out of 19 Central Co-operative Bank (DCCB). The total membership of Primary Agricultural 60. . The bank is in the process of networking with the private sector and encouraging partnerships to bring about private sector competence and funds into the realm of rural infrastructure.www. respectively.88 crore was sanctioned under RIDF XVI. SCB as a group earned a positive net margin of 1.43 crore was sanctioned and ` 6. over the previous year. Downloaded by in-spjainmr from 115. ISI Emerging Markets.com www.176.115. Punjab and Gujarat (87%). Tamil Nadu (89%).779 projects Haryana and Maharashtra (88%). Loans outstanding of SCB and DCCB increased by 2 per cent and 24 per cent.44. disbursements were made to the tune of ` 12.5 per cent over the previous year while that of Primary Cooperative Agriculture increased Rural Development Banks (PCARDB) Credit Societies (PACS) during 2009-10 stood at 12. registered only a by 2 per cent. involving loan amount of ` 18. respectively.net 55.31 per cent of total membership. decreased by 0. During 2010-11.115.sansco.64 crore.77 per cent over the previous year. Loans issued by SCB 62. as at the end of March 2011. Meghalaya (90%).57 per cent during 2008-09. Capacity Building of Client Institutions Institutional Development 58. During 2010-11. Loans issued by SCARDB and PCARDB increased by 19 per cent and 13 per cent respectively. 57.04 crore. respectively. indicate that while their deposits increased by 15 per cent each. PCARDB in only 4 States had positive net margin.314. The borrowings of PACS. respectively. financial assistance of `6.888.24 crore and ` 3. including Sikkim. under Co-operative SCARDB. The cumulative disbursements under RIDF (I to XVI) and Bharat Nirman aggregated to ` 98. during the corresponding period.107 on 2013-09-02 17:18:09 EDT.107 at 2013-09-02 17:18:09 EDT. respectively. however. and UP . The statewise analysis of ratio of disbursements to the approved phasing of sanctions revealed that Mizoram topped with 120 per cent.reportjunction.45 per cent and 27. The financial position of the SCB and District as a group. as on 31 March 2010.05 crore disbursed.98 crore.80 per cent during 2009-10. viii ISIEmergingMarketsPDF in-spjainmr from 115.328. over the previous year. 59.47 per cent. Both deposits and loans issued of PACS (as on 31 March 2010) showed increase of 34. The DCCB.78 crore. over the previous year. 61. 13 had positive net margins and the remaining 6 had negative net margins.176.999. decreased by 17 per cent and that of DCCB increased by 26 per cent. During the year 2008-09. During the year. a total of 41. 56. Development Fund (CDF). NABARD is exploring possibilities of funding implementation of specific projects under the Public Private Partnership model.40 crore.

03 per cent. During the year 2010-11. while loans & advances (outstanding) increased by 22 per cent. Act. Post amalgamation.107 on 2013-09-02 17:18:09 EDT.net As on 31 March 2011. stood at 82. performance of RRB was estimated at 80. The impact studies conducted by different agencies on the implementation of GoI revival package for Short Term Co-operative Credit Structure in 10 States.176. While all RRB in the Eastern. Regional Rural Bank have emerged as a strong intermediary for Financial Inclusion in rural areas by opening a large number of “No Frills” accounts and financing under General Credit Cards (GCC). increasing the number of licensed banks to 246 (24 SCB and 222 DCCB) as on 31 March 2011.115. ISI Emerging Markets. Downloaded by in-spjainmr from 115. Western and Northern regions were in profit. Total number of business accounts with RRB stood at 11. Registrar of Co-operative Societies. the number of RRB of cooperative banks) and Sponsor Banks (in respect of RRB) for corrective action. 69. Act. increase in volume of busines and credit flow of DCCB. 67.88 crore as on 31 March 2010.. which were communicated to the banks concerned. Thus. Unauthorized Distribution Prohibited.R. deposits and investments increased by 20 per cent each. RBI issued licences.09 per cent as on 30 June 2009. minimum capital requirement. 1949(AACS). to 2 SCB and 49 DCCB during the year. cumulative sanctions and disbursements were ` 98.R. the aggregate reserves of RRB. the number of scheduled SCB remained unchanged at 16. 66. 1949(AACS). i. State Governments (in respect 64. GoI also notified the RRB Appointment & Promotion Rules 2010. 1934.176. 70. thus. respectively. 68 banks (5 SCB 65. no SCB was included in the Second Schedule to the RBI Act. based on revised norms. in July 2010. twenty DCCB improved their financial position and recomplied with the provisions of Section 11(1) of B. During the year.115. Financial results of RRB for the year 2010-11 and 63 DCCB) were not complying with the provisions of Section 11(1) of the B. as on 31 March 2011.reportjunction. as compared to 80. The recovery of exemption in respect of 50 banks (1 SCB and 49 DCCB) were under the consideration of RBI/GoI. 63. 229 DCCB and 42 RRB) and voluntary inspections of 18 SCARDB and 3 Apex Societies. During 2010-11. The balance in the Fund as on 31 March 2011 stood at ` 125 crore. as on 30 June 2010.sansco. operating in the country. Based on the recommendations of Amaresh Kumar Committee. .17 crore and ` 87. Pursuant to the recommendations of Committee on Financial Sector Assessment. Applications for grant indicated that 79 out of 82 RRB had earned pre-tax profit to the extent of ` 3. reduction in NPA of PACS and DCCB. one RRB each in the Central.107 at 2013-09-02 17:18:09 EDT.com www. The inspections brought out supervisory concerns relating to these institutions. Supervision of Banks 68. were conducted.938 branches. the GoI issued the RRB Service Regulations 2010.e. revealed positive features like improved share capital position of PACS and DCCB. increased coverage of Small and Marginal Farmers and improved recovery rates of SCB and DCCB.470 crore. North-Eastern and Southern region incurred losses.57 crore.www. with a network of 15. During the year. As on 31 March 2011. ix ISIEmergingMarketsPDF in-spjainmr from 115. DownloadPDF. statutory inspection of 302 banks (31 SCB.

RBI in the Second Schedule to the RBI Act. Organisation. 737 applications were provided requisite Ninety-four 76. issued to SCB and DCCB on (i) issuing engagement letters to Statutory Auditors. The Audit Committee of the Board (ACB) as well as the Risk Management Committee of the Board (RMCB) met thrice during the year. Inclusion of five more RRB in the Second Schedule to the RBI Act.131 officers were imparted training through 103 programmes conducted during the year x ISIEmergingMarketsPDF in-spjainmr from 115.176. the number of Scheduled RRB stood at 75 as on 31 March 2011. instructions / circulars were clarifications were issued to RRB on Disclosure in Financial Statement in Half Yearly Review. 73. DownloadPDF. diagnostic and design phases under ‘Project Reposition’ were completed. 1934. (iii) fraud prevention measures and constituting Fraud Risk Management Group. 1934. (iv) a Model Know Your Customer (KYC)/Anti-Money 74. During the year. ISI Emerging Markets.176. The project seeks to address the present day challenges without conflict with the long-term role mandated to NABARD by GoI and 78.107 on 2013-09-02 17:18:09 EDT. met thrice and seven times. A total of 2. branches of SCB/ DCCB and affiliated societies and (vi) clarification on Federation of State Co-operative Banks in revising the operational manuals for Co-operative Banks. was recommended to RBI in 2010-11. (ii) a Model KYC / AML Policy was circulated to all RRB for adoption with suitable modifications and (iii) 72.115. with approval of the Board.reportjunction. with a view to networking resources. Unauthorized Distribution Prohibited. Thirty-nine amalgamated RRB were included by calculation of Demand and Time Liabilities (DTL) for maintenance of CRR / SLR. Downloaded by in-spjainmr from 115. NABARD continued to forge partnerships with other agencies under the GIZ-RFIP programme and with ICAI for preparation of Audit Manual for Co-operatives and RRB. Corporate Governance and Management 75. For a holistic and more effective approach towards supervision.sansco.com www. 13 th Reserve Bank of India conducted the Financial Inspection of NABARD (with reference to its financial position. With this.net 71. Under RTI Act. During the year. March 2010. especially in strengthening the internal checks and control systems in the supervised banks. NABARD also actively supported National Laundering (AML) Policy for adoption. after they were found complying with Section 42(6)(a)(ii) of the Act. NABARD started the ‘Project Reposition’ in information within the stipulated time. year. During the year. (ii) a questionnaire / check list for the use of concurrent auditors to ensure that all aspects are covered by the auditors while reviewing the Investment Portfolio of banks. specifying the areas to be covered. . 77. The Board of Directors met six times during the RBI. development in India. building capabilities and partnering institutions for bringing about effective integrated rural appeals were responded to and 15 hearings on the appeals made to Central Information Commission were attended by officials of the Bank.115. while the Executive Committee and the Board’s Projects Sanctioning Committee for Loans under RIDF.www. as on 31 March 2010) from 01 November 2010 to 13 December 2010. (i) RRB were permitted to induct Nominee Director of NABARD on the Audit Committee of the Banks. respectively.107 at 2013-09-02 17:18:09 EDT. (v) detailed guidelines for inspection of DCCB.

Two pre- Language. Unauthorized Distribution Prohibited. 145 officers from NABARD.115. The paid up capital. providing compassionate appointment to dependents of ten deceased employees. Karnataka and 80. 79. constituted 21. The amount of reserves and surplus increased by ` 1. was 4.176.872 crore. Implementation Office. Two batches of 10 senior officers each were deputed to a programme on Risk Management and Performance organised by World Savings Bank Institute and to RIPA. was ` 2.115. The total staff strength of the Bank. Based on the report of KPMG by and the BCG subsequent study undertaken (the repositioning consultant).87 per cent of the total resources of the bank.sansco. Lucknow. xi ISIEmergingMarketsPDF in-spjainmr from 115. 18 per cent belonged to Scheduled Castes and 9 per cent to Scheduled Tribes. i. over the previous year. as on 31 March 2011. During the year 2010-11. The strength of ex-servicemen and physically handicapped employees stood at 80 and 94. 2011. .107 at 2013-09-02 17:18:09 EDT. 126 officers were appointed in Grade ‘A’ in the Rural Development Banking Service of the Bank. (c) Business Processes (Phase III).107 on 2013-09-02 17:18:09 EDT. 22 Regional Offices and two Training Establishments. as on 31 March 2011..000 crore against the authorised capital of ` 5. respectively. (b) Centralised Loan Management & Accounts (Phase II). 81.reportjunction. RTC Mangalore and NBSC Lucknow. During the year.net by the National Bank Staff College. 109 Potential-linked Credit Plans and 69 Inspection Reports were prepared/ issued in Hindi. with the share of GoI being 99 per cent and that of the RBI at one per cent. 18 on-location programmes were conducted for 425 officers on various topics.e. During the year.57 per cent. viz. 82. as on 31 March 2011. Total market borrowings of ` 34.176. as on 31 March 2011. Chhattisgarh were notified under Section 10(4) of Official Languages Act by the GoI. Further.. Mangalore. the Inspection Department of the Bank carried out inspection of 16 HO Departments. Maharashtra RO and RTC. as on March 31.747 crore. three from client institutions and 18 NGO participants were deputed for various Overseas programmes. Inspection Reports were issued and compliance ensured. GoI awarded prizes to Andhra Pradesh RO.www.607. Two RO.000 crore. 83. registering an increase of 16. promotional training programmes for 120 SC/ST staff were conducted at training centres. The total financial resources of NABARD 85. the Bank finalised its future IT architecture and IT road map to be implemented in phases. (d) Enterprise Data Warehouse (Phase IV). London. During the year. Industrial relations in the Bank continued to be Three meetings each of visited harmonious during the year.com www. Ministry of Home Affairs. Of these. five Parliamentary Committees NABARD. increased to ` 1. A total of 396 staff was promoted during the year. ISI Emerging Markets. Other benefits extended to SC/ST employees included granting scholarship to 12 wards of the employees and Financial Performance & Management of Resources 84. Downloaded by in-spjainmr from 115. During the year.58.188 crore. Department The Regional of Official the Grievances Redressal Committee and the Appellate Committee were held during the year. These consist of the following: (a) Human Resources Management (Phase I). DownloadPDF.

The profit before tax and profit after xii ISIEmergingMarketsPDF in-spjainmr from 115. DownloadPDF.558 crore respectively.824 crore and ` 1.76 per cent as on 31 March 2011. The capital to risk- long-term (LT) loans granted to State Governments for contributing to the share capital of co-operative credit institutions.107 on 2013-09-02 17:18:09 EDT. There was a decrease of ` 32 crore as compared to the position as on 31 March 2010.net 86. The average cost of borrowings (interest expenditure as a per cent of average borrowings) decreased from 6. ISI Emerging Markets.64 per cent per annum during 2010-11.202 crore as against ` 7.115. 87. in the previous year.176.sansco.279 crore respectively as on 31 March 2011.272 crore and ` 1.115.reportjunction. The total income of NABARD during the year weighted assests ratio (CRAR) was 21. Downloaded by in-spjainmr from 115. amounted to ` 167 crore as on 31 March 2011.965 crore for the year 2009-10.com www. Unauthorized Distribution Prohibited. as compared to 24. amounted to ` 9.176. . as compared to ` 2.83 per cent per annum during 2009-10 to 6. The amount outstanding under the non-project tax were at ` 1.www.95 per cent as on 31 March 2010.107 at 2013-09-02 17:18:09 EDT.

reportjunction.6 per cent and 8. the world production of cereals decreased by 1. vegetables (75. in 2011 (Table 1. Japan iv. the growth rate improved in 2010 as compared to 2009 and is expected to remain buoyant at 6. respectively. Malaysia.4 2. 7.46%).23 per cent and 15.7 3.4 per cent during 2010-11. Table 1. Non-Fuel Prices * : ** : Projections increased by 27.6 percentage points relative to 2010. ISI Emerging Markets. Unauthorized Distribution Prohibited.1 Includes Indonesia.6 8. which is the highest in the post-crisis period.8 2.1 (-)6.115. In the emerging and developing economies.5 per cent in 2011.3 (-)0.4 per cent in 2011. 1. in 2009 as compared to 2008. Economic growth in advanced economies was a modest 3 per cent in 2010 and is projected at 2.2 8.9 per cent and 26. The Indian economy is also expected to regain the precrisis growth levels with the growth rate estimated at 8.9 6.3 per cent.5 27.6 6.44 per cent and 0.2 5.net I Economic Environment The global economy witnessed a growth of 5.0 per cent in 2010. World output b.8 1. Inflation.5** B. iii.6 per cent in 2010 and is projected at 2.2 5.2 per cent.8 1. Economic growth of China (10.3 10. Developing Asia ii. Other Emerging and Developing Economies C.2).2 The World Economic Outlook of the International Monetary Fund has projected growth in global output at 4. India iv.9 26.55%) and milk (35.917 during 2010-11.4 9.2 4. due to strong global demand and supply shocks. vegetables and milk increased by 2. Thailand and Vietnam Source: World Economic Outlook. .6 per cent during 2009-10.6 1. World Trade Volume (goods & services) a.9 1. Advanced Economies United States Euro Area (-)0.83%).3 9.6 per cent in agriculture.2 per cent in 2010 was attributed mainly to higher food prices and is expected to rise to 6.9 per cent in 2011.29 (-)8.115.4 per cent in 2011. 9.8 13. ASEAN . The consumer price inflation in the emerging and developing economies at 6.3 per cent in services. IMF.5 10.7 7.0 3.4 per cent) rebounded in 2010 and it is estimated that the growth in China and India would be 9. largely driven by primary food articles as against 3.9 8. DownloadPDF.3 Commodity prices (both oil and non-oil) per cent for cereals.sansco.87 per cent.4 (-)2. at 9. Imports by Emerging and Developing Economies b. respectively in 2010. Newly Industrialised Asian Economies c.2 9.8 35. i.0 per cent in 2009-10. has emerged as a major cause of concern.5 14. India’s share on a two-year average basis was 10.3 10.3 (-)7. respectively (Table 1.8 per cent in industry and 9. Oil Prices b.4 2.com www.5 (-)3.www. GDP (Real) a.176. The impressive growth performance has enabled the per capita income (at 2004-05 prices) to increase from ` 33.5 8. This broad based growth is due to the growth of 6.2 6.107 at 2013-09-02 17:18:09 EDT. Downloaded by in-spjainmr from 115. Exports by Emerging and Developing Economies D. The commodity prices are projected to remain high in 2011 due to continued robust demand and slow supply response to the market conditions.6 (-)4.176.5 per cent in 2010-11 as compared to 8.4 7. Philippines.4 As per the Food and Agriculture Organisation data.2 per cent in 2011.3 (-)15. Other Emerging and Developing Economies i.1).9 2009 2010 2011* i.2 per cent.4 4. Advanced Economies b. Commodity Prices a.6 25. Consumer Prices a. Comparatively.1: Overview of Global Economy (Annual per cent change) Growth A.81 per cent for vegetables and milk. China iii. Asia is a major producer of cereals (47.0 2.4 2.5 (-)36.4 6.107 on 2013-09-02 17:18:09 EDT. April 2011 1 ISIEmergingMarketsPDF in-spjainmr from 115. a decline of 0. Global Economy 1.7 0. 1.2 6.1 5. inflation in the advanced economies was 1. respectively.8 1.3 per cent) and India (10.731 during 2009-10 to ` 35.

during 2010-11 as compared to 8. The high growth trajectory of the GDP has been facilitated due to a rebound in agriculture growth from 0.5 per cent in 2010-11 as compared to 8.net Table 1. 21 June 2011 Indian Economy A.11 Milk % share in 2009 World@ 112.00 37. during 2010-11 (Table 1.56 47.56 152.20 25. DownloadPDF.51 696.46 648.0 per cent in 2009-10 and 6. respectively. industry and services to the GDP were 14.8 per cent in 2008-09 (Table 1.4 per cent during 2009-10 to 6.94 170.11 247. 2008 and 2009 (Million Tonnes) Country/Group 2008 India Africa Americas Asia Europe Oceania World * Incudes Melons Cereals 2009 248. Consumption.83 36.69 215.39 36.0 per cent and 10.56 744.43 35. Gross Domestic Product As per Revised Estimates.20 per cent respectively.11 38. Downloaded by in-spjainmr from 115.28 1182. Product (GDP) of the country has registered a growth of 8. Savings and Investments The relative share of Private Final Consumption (PFCE) and Government Final 1.67 634.55 0.9 and 57.7 per cent.77 63.81 3.46 19.29 6.74 3.44 1011.61 % share in World@ 10.115.45 253.4).8 and 9.107 at 2013-09-02 17:18:09 EDT.107 on 2013-09-02 17:18:09 EDT.07 3. The contributions of agriculture.0 per cent for the period 2007-08 to 2010-11.6 Sectoral analysis of growth rates revealed an increase in agricultural growth by 6.80 and 0.43 987. during 2009-10.24 213. respectively.4.65 171.18 1198. 1. respectively.2 per cent.29 504.55 97.176. Industry and services registered a growth of 7.17 75.44 100 2008 91. The agriculture sector b.46 % share in World@ 9. 2 ISIEmergingMarketsPDF in-spjainmr from 115. Unauthorized Distribution Prohibited.115.9 per cent during 2007-08 to 2010-11 as against the Plan target of 4.3). 27.48 24.23 6.7 Expenditure Consumption Expenditure (GFCE) (at 2004-05 prices).55 9.2: Production of Cereals.1 2493.39 8.6 per cent during 2010-11.83 30.73 64. decrease in services and industrial growth by 0.34 100 2008 109.10 81.37 Vegetables* 2009 92.5 is estimated to grow at 2.81 158.www. the average growth was 8.81 465.81 5.4 2523.84 @ Share based on the average of 2008 & 2009 Source : FAOSTAT @ FAO Statistics Division.reportjunction.1 per cent.34 1.68 81.0 per cent.53 100 267.0 per cent envisaged in the Eleventh Five Year Plan.86 24.176.94 24.3 per cent. .com www.14 15. Against an average growth rate of 9.48 93. the Gross Domestic 1. Economic Scenario a.sansco.71 765. during 2010-11 as compared to the previous year.86 702. ISI Emerging Markets. Vegetables & Milk in the World.

7 per cent during 2009-10 to 35.7 (-)6.2(54.0) 2008-09 (-)0.0) Figures in parentheses indicate percentage shares in GDP RE: Revised Estimates #: Includes mining & quarrying. 2010.8(100. Unauthorized Distribution Prohibited.4(14.115.1) 10.4 35. manufacturing.9 per cent.5 6.2 34.60 and 4. Central Statistical Organisation. Ministry of Finance.7(16. as a proportion of GDP.5 per cent during 2008-09 to 2.7) 4.1 10. electricity.1(56. While private sector savings has remained virtually stagnant at 31 per cent. respectively during 2009-10.8) 10. .3 (-)5.com www. Monthly Economic Report (April 2011).7(28.5(54.06 - as estimated by Central Statistical Organisation.4(28.4 (QE) (-)7. public sector savings increased from 0.0 32.0 4.7(100. has been gradually declining since 2004-05 from 40.sansco.115. gas and water supply and construction Source: 1.5 20.5(100.5 2009-10 8.176.8 21.0 per cent to 32.5 per cent in 2008-09 to 13.net Table 1. is estimated at 36.7 36.6 per cent in 2009-10 while that of miscellaneous goods and services has been increasing.1(57.6 (-)9.5 3.9 18.5 per cent with the contribution of public and private sectors at 9.1 per cent to 11.1 1. as per the Economic Survey.7) 10. Government of India increased by 8.8) 9.3) 8. 1.2) 12.0 (-) 3.8(27.2 and 24.5 6.4) 9.1 per cent during 2009-10. as a proportion of GDP is estimated to have increased from 33.9) 9. May 2011.2 8.0(100.0 3.3: Economic Indicators (Annual percent change) Particulars Gross Domestic Product GDP from Agriculture & Allied Activities Foodgrains Production Industrial Production Inflation as measured by WPI Gross Domestic Savings (as % of GDP) Gross Domestic Investment (as % of GDP) Fiscal Deficit (as % of GDP) Imports Exports Trade Balance (as % of GDP*) External Debt (as % of GDP*) QE: Quick Estimates *At current market prices Source: Economic Survey 2010-11.6) 8.0 (28.6 38.5 (-)7.0 (QE) 0.2 per cent in 2009-10 while that of the household sector declined from 13.8 (-)0.www.2) 6.8 7.reportjunction.7 13.76 per cent respectively in 2010-11 over 2009-10. GoI 2.0) 2009-10 0.8 37.176.6(14.8 9.6 per cent during Table 1.107 at 2013-09-02 17:18:09 EDT.2) 9. ISI Emerging Markets.2(100.6 33. the investment rate for the corporate sector increased from 11.7 per cent. Within the private sector. The private expenditure on food items as a proportion to total private consumption.107 on 2013-09-02 17:18:09 EDT.1(15.0) 2010-11(RE) 6. GoI RE: Revised Estimates 2008-09 6.0 20. Downloaded by in-spjainmr from 115.0) 2007-08 4. DownloadPDF.8 The Gross Domestic Savings (GDS).7(17.1 2010-11 8.4: Sectoral Growth Rates of GDP (2004-05 prices) Sector Agriculture & Allied Industry# Services Total GDP at factor cost 2006-07 3.7) 8. CMIE.1) 10.3(57.6 (RE) 6. The Gross Capital Formation (GCF).4) 7. Economic Survey 2010-11 3 ISIEmergingMarketsPDF in-spjainmr from 115.5(28.5 (RE) 6. 2010-11.

61 per cent.43 per cent and 12.10 In order to give a clear picture of price behaviour of goods and services consumed by rural/ urban population. The WPI also includes an addition of 241 items in the commodity basket and increase in the number of price quotations from 1.176.9 Inflation A revised Wholesale Price Index (WPI) series fuel & power has also risen by 5.com www.6 per cent during the fiscal year 2009-10. d. registering a growth of 4. milk. Agricultural exports increased from ` 81.211 crore during 2009-10. respectively.918 to 5.sansco. vegetables. B. WPI in the other major groups-manufactured goods and 3. Unauthorized Distribution Prohibited. castor oil and tea.4 per cent during 2010-11 as compared to 3. 1.5).5 and 13. with changes in weights and commodities. Agriculture & Rural Economy a. condiments.24 per cent. The percentage share of agriculture and allied products in the total exports was 10.96 per cent each in April 2010 to 8. Downloaded by in-spjainmr from 115.0 per cent more than the Long Period Average (LPA) during the South-West monsoon (June-September) 2010 as compared to 23 per cent 4 ISIEmergingMarketsPDF in-spjainmr from 115. DownloadPDF.7 in 2008-09.net c.482. which was recorded at 17. .176.107 on 2013-09-02 17:18:09 EDT.115. unmanufactured tobacco. eggs. meat and meat preparations. The rise has been due to high prices in primary articles.13 The country as a whole received 912. and with the base year as 2004-05 has been released.14 per cent. Food inflation has been mainly due to increase in prices of rice.7 per cent in 2009-10 (Table 1. Trade 1. which was 2. spices and tea.96 and 9. The share of food & allied product imports in the total imports of the country also increased from 2.710 crore 1.1 (a) & (b)). compared to 9. Rainfall Situation 1.1 per cent in 2008-09 to 1.12 Exports and imports are projected to grow by 22. respectively. Inflation in Consumer Price Index for Rural Labour (CPI-RL) and Consumer Price Index for Agricultural Labour (CPI-AL) has declined from 14.115. in March 2011. ISI Emerging Markets.www.8 mm of rainfall.reportjunction.2 per cent. meat and fish.11 The overall inflation rate as measured by changes in the WPI on a monthly basis was 9. Increase in agricultural exports has been mainly due to higher exports of basmati rice. a new initiative of compiling during 2008-09 to ` 85.28 per cent. during 2010-11.1 during 2009-10 as Consumer Price Index (CPI) for rural and urban India has been undertaken.107 at 2013-09-02 17:18:09 EDT. fruits. respectively (Chart 1.

8 Agriculture & Allied Products 46.Divisions with Normal/Excess Rainfall Deficient/Scanty/No Rainfall C.com www. April 2011 5 ISIEmergingMarketsPDF in-spjainmr from 115. rainfall received in all other divisions: Central.4 2009 8 23 13 52. Rayalseema and south interior Karnataka) receiving North-East Table 1. 5 recorded deficient rainfall during the South-West monsoon in 2010.8 655.1) – Total Imports 660.net Table 1.8 (2. Figures in parantheses indicate percentage share to total Source: Economic Survey.www.19 billion cubic metres. Reservoir status (% of FRL$@) (-)2 32 4 73. 1.5) 24.9 (10.3) 28. the cumulative rainfall received for the country as a whole was 153.9 840.5 (2.7 (10.sansco. The core regions (Tamil Nadu.3) 65. Full Reservoir Level in 81 major reservoirs accounting for 67% of total reservoir capacity in the country as at the end of the season **: Cumulative position between 1 October and 31 December @: As on 30 September in the case of SW Monsoon and 31 December in the case of NE Monsoon Source: Indian Meteorological Department. Deficient: -20 to -59%. 1. B.3 1374.15 Total live water storage. DownloadPDF.2 (9. GoI less than the LPA in the corresponding period in 2009. Scanty: -60% or less.2) 58. coastal Andhra Pradesh.6). December).2 mm.3 (2.4 571. in 81 major reservoirs across the country. at 104. Unauthorized Distribution Prohibited.2 (10. CMIE. No Rain: -100% *: $: Cumulative position between 1 June and 30 September.2 2009 (-)23 13 23 58.7) – 2005-06 2006-07 2007-08 2008-09 2009-10 2010-11* * Provisional.2 (2. Cumulative rainfall (% variation from normal) Number of Sub.5: Trends in Exports and Imports (`'000 crore) Year Total Exports 456.7 1596.68 billion cubic meters was 69 per cent of the Full Reservoir Level of 151. Various Isssues.5 1012.9) 23.1) 50.4 North-East Monsoon** 2008 (-)31 6 30 56.4 (3. Downloaded by in-spjainmr from 115. Excess: +20% or more. Ministry of Commerce & Industry. ISI Emerging Markets. .7 (9. Apart from North-East India.8 845.115. North-West and Southern Peninsula was more than the LPA.77 billion cubic metres by the end of December 2010 which was 32.6 2010 2 31 5 75.1 2010 21 25 11 69 Normal: +/-19%.4 1363. where the rainfall was 18 per cent less than the LPA.4 840.reportjunction.8 Food & Allied Products 16.107 on 2013-09-02 17:18:09 EDT. Kerala.7) 85.115.176.9) 81. In terms of spatial distribution.6: Trends in Rainfall and Water Storage Particulars South-West Monsoon* 2008 A. which was 21 per cent above the LPA as compared to 8 per cent more during the previous year. 25 sub-divisions recorded excess/normal rainfall and the remaining 11 sub-divisions recorded deficient rainfall during the North-East monsoon period (Table 1.14 During the North-East monsoon (October- monsoon had excess rainfall to the extent of 55 per cent above the LPA.18 per cent higher than the previous year's level of 79. Out of the 36 sub-divisions.176.5 1118.107 at 2013-09-02 17:18:09 EDT.

94 lakh quintals and 11.88 Mha more than the area covered during the corresponding period of kharif 2009. nigerseed.44 10.36 27.1 lakh quintals and 18.96 and 18.0 Mha as compared to kharif 2009.2 kg to 135.72 10.09 4.com www. Increase in area sown under cotton. To meet the current level of fertiliser consumption.www.92 28.29 2010-11 40.00 63.84 5.27 Mha in the corresponding period of 2009-10 (Table 1.07 10. groundnut. Di-Ammonium Phosphate (DAP) and complex fertilisers increased by 5.98. Fertiliser consumption in nutrient terms increased by 6. was 3.69 @: Includes rapeseed & mustard. 41.30 53. The per hectare consumption of fertilisers also increased from 127. 0.87 per cent over the previous year.63 0.61 10.00 0.115. .00 21. Unauthorized Distribution Prohibited.7). the scheme for Table 1. oilseeds and sugarcane increased marginally by 0. sunflower.53 64. Downloaded by in-spjainmr from 115.53 0. Breeder seed production and foundation seed production reached 0. ii.18 The Indian Seed Programme involving Central/ State Governments. Government of India 6 ISIEmergingMarketsPDF in-spjainmr from 115.54 10. respectively during 2009-10.net b.61 10. in kharif 2010 as compared to the period of kharif 2009.79 Mha during 2010-11 as compared to 63.58 14.39 28.75.18 15.40 27. Crop Acreage 1.20 97.32 125.72 55.46 lakh quintals. DownloadPDF.00 65.31 lakh seed villages and 183.83 118.86 Mha.06 169.39 29. Ministry of Agriculture. Area sown under foodgrains during kharif 2010 was higher by 5. Chemical Fertilizers 1. The major increase in area sown was under rice (2.8 per cent higher than the previous year.3 kg during the same period. safflower. soyabean. sesamum and linseed Source: Department of Agriculture & Cooperation.07 0.20 160.33 per cent from 249.84 5. The scheme has covered 1.25 29.86 and 17. The crop acreage under various crops during kharif 2010 was 103.27 per cent growth over the previous year.68 17. Besides.107 on 2013-09-02 17:18:09 EDT.3 Mha). DAP and Muriate of c. Co-operatives and private sector has been addressing the issue of low seed replacement rate.90 Mha which was 6.68 17. Area sown under all rabi crops was 65.5 lakh quintals.107 at 2013-09-02 17:18:09 EDT.86 0.60 69.09 lakh tonnes during 2008-09 to 264.86 lakh tonnes during 2009-10.19 24. ISI Emerging Markets.90 2009-10 4.36 6.09 4. registering 26.176. Indian Council of Agricultural Research.10 and 0.21 12. Inputs Use in Agriculture Seeds 1.38 per cent.17 The growth in rabi foodgrains during 2010-11 'Development and Strengthening of Infrastructure Facilities for Production and Distribution of Quality Seeds' is being implemented since 2005-06 to ensure timely availability of quality seeds at affordable prices to farmers. i.79 Total (a+b) 2009-10 37. respectively. Certified/quality seed distribution during 2010-11 at 321. urea.10 lakh quintals of certified/ quality seeds have been produced upto 2009-10.27 Rabi (b) 2010-11 4.19 Production of urea.36 lakh quintals was 14.sansco. respectively during 2009-10 as compared to the previous year.64 9. 1. During 2010-11.00 0.32 27.40 million hectares (Mha) over the previous year.39 28.40 27.7: Area Sown under Major Crops (Million hectares) Crop Kharif (a) 2009-10 Rice Wheat Coarse Cereals Pulses Total Foodgrains Oilseeds@ Cotton Sugarcane All crops 33. respectively.reportjunction. State Agricultural Universities.176.00 20.40 6.16 Total crop acreage under both kharif and rabi during 2010-11 indicated an increase of 9. castorseed.115.02 2010-11 35.06 103. the production of breeder and foundation seeds is estimated at 1.

1.89 and 52. ` 70.1 and 1. leaving a gap of 15 per cent.968 332.com www.56 per cent. Further. 400 48.36 2010-11* 10.000 crore of credit flow to agriculture for 2010-11.37 (CAGR) of 19. during 2009-10. 2010. ISI Emerging Markets. With a view to enhance the water use efficiency. Additional subsidy on micro-nutrients like boron and zinc has also been introduced.85 16.966 26.779 crore as on 31 March 2011. The growth rate for crop loans and term loans was 26.57 per cent.176.176.sansco.908** 63. As on 31 March 2010. The price of urea has been increased by 10 per cent while the price of other subsidized fertilisers is being maintained at current level. Irrigation 1. respectively.1088 254.800 384.765 228.312 18.258 25.40 20.480 20. Co-operative banks and Regional Rural Banks iii.reportjunction.115.66 20.105 crore and ` 43.8: Agency-wise Ground Level Credit Flow (` crore) Agency 2006-07 2007-08 2008-09 2009-10 2010-11 2006-10# Co-operative Banks Regional Rural Banks Commercial Banks Total 42.10 million hectares in 1991-92 to 108. DownloadPDF.14 31.83 27. the Government of India initiated the Accelerated Irrigation Benefit Programme (AIBP) during the year 1996-97. sharing 74 per cent.14 per cent of the target.22 For extending assistance for incomplete disbursed ` 3.2 million hectares by March 2010. Import of fertilizers.21 Total irrigation potential created under all types of irrigation structures has increased from 81. 1.58 24.115.2).968 crore.www.41 16.net Potash (MOP) were imported to the extent of 52.217 285. *: Percentage change over previous year.75. respectively.46.706 crore.951 301. crore has been released under the scheme as on March 31.24 During the period 2005-10.41 24. the National Mission on Micro Irrigation (NMMI) was launched in June 2010 in addition to the Micro Irrigation Scheme to encourage the adoption of drip and sprinkler irrigation systems. achieving 119.107 at 2013-09-02 17:18:09 EDT. iv. Unauthorized Distribution Prohibited. the cumulative Central Loan Assistance/grant of an amount of ` 41.19 #: Compound Annual Growth Rate. the Ground Level Credit (GLC) flow for agriculture and allied activities registered a Compound Annual Growth Rate irrigation schemes.60 per cent of total fertilizer consumption in 2000-01.49 per cent and 7.514 70.435 166.105 43. which accounted for 10. The scheme has covered 2.86 lakh tonnes.497 35. 58.32.8.01 18. An analysis of the term loans during 2009-10 for the broad sub sectors indicated that Minor Table 1.97 Growth Rate (%) 2009-10* 38. Source: NABARD ** Includes ` 226 crore by other Agencies. the banking system disbursed ` 4. also see Box 1.09.485 229.20 A nutrient based subsidy for phosphatic and potassic fertilisers to promote balanced use of fertlisers has been under implementation since April 1.107 on 2013-09-02 17:18:09 EDT. Commercial banks. 7 ISIEmergingMarketsPDF in-spjainmr from 115.23 As against the target of ` 3. 281 projects have been covered and 120 completed under the AIBP scheme.706 446. increased to 34. respectively for the five year period (200506 to 2009-10). Credit 1.53 per cent during 2009-10. 2010. 16 per cent and 10 per cent of the total credit flow during 2010-11 (Table 1.658 45.729.779 15. 1. Utilisation was to the extent of 85 per cent.27 lakh hectares under micro irrigation. . Downloaded by in-spjainmr from 115.

RBI was constituted to estimate the savings in line with the broad macro economic parameters set for the Twelfth Five Year Plan. 8 ISIEmergingMarketsPDF in-spjainmr from 115.2 Working Groups for Twelfth Five Year Plan (2012-2017) The excercise for the XIIth Five Year Plan (2012-17) has commenced with the setting up of several working groups on various sectors of the economy. The ‘Sub-group on Flow of Private Investment for SME and Agriculture’ has been constituted under Shri.000 to be completed by 2011-12. bringing 60. Downloaded by in-spjainmr from 115. S. NABARD’s capital base to be increased from ` 2. 'India Microfinance Equity Fund' with a corpus of ` 100 crore to be created with SIDBI for providing equity to smaller MFIs. Chairman. Bihar. To address the issue of storage of vegetables and fruits. The Working Group on Outreach of Institutional Finance. 15 more Mega parks to be set up during 2011-12. their contribution in credit outreach and recommend future course of actions. Executive Director.000 hectares under oil palm plantation and covering 25. 2012. Farm credit target has been raised from ` 3. oil palm and millets. strategies and programmes being implemented for agriculture and allied sectors and recommend the course to be followed for risk management during XIIth plan as well as measures required to increase uptake and service levels of micro insurance products.000 crore. Prakash Bakshi. . Financial Inclusion/ Micro Finance • • • • B. ` 300 crore each has been earmarked to promote 60. 'Women's SHG's Development Fund' to be created with a corpus of ` 500 crore to promote SHG. including infrastructure. (ii) To review the contribution and performance of credit cooperatives towards outreach of credit to agriculture and allied activities and recommend measures for their increased proactive participation. Subir Gokarn. New storage capacity of 150 lakh MT through private entrepreneurs and warehousing corporations has been augmented. To increase the productivity of pulses.000 crore in 2011-12.000 crore to be provided to NABARD to provide support to handloom weaver co-operative societies which have become financially unviable due to nonrepayment of debt by weavers facing economic stress. oral lessees and landless labourers and assess the short-term and long-term credit requirements of agricultural credit during XIIth plan.000 villages under millets respectively.1 Union Budget 2011-12: Highlights on Agriculture and Rural Development A.K. NABARD is providing the Secretariat for both the Groups. The specific Terms of Reference (ToR) are : (i) To review the flow of credit to agriculture and allied sectors during the XIth Plan. ISI Emerging Markets. Mitra.115. ` 500 crore to be provided to RRBs during 2011-12 to enable them maintain a CRAR of at least 9 per cent as on March 31. Cooperatives and Risk Management for Twelfth Five Year Plan has been constituted under the Chairmanship of Dr.000 crore in a phased manner. The broad TOR of the Sub-Group is to estimate resources available for private investment. is the Member Secretary for the Working Group. Deputy Govenor.000 crore to ` 18.sansco. B. women farmers.000 habitations having a population of more than 2. NABARD for the formulation of the Twelfth Five Year Plan. • • • • • Box 1. and the likely flows for SME and agriculture. DownloadPDF.000 crore to be contributed to NABARD's shortterm Rural Credit Fund from the shortfall in priority sector lending by Scheduled Commercial Banks during 2011-12 for enabling NABARD to refinance short-term crop loans to co-operative credit institutions and RRBs at concessional rates. NABARD. giving sub-sectoral analysis and recommend measures to increase the flow of credit at reasonable rates of interest throughout the country with special consideration of disadvantaged sections such as small and marginal farmers. tenant farmers. Dr.000 crore to ` 5. Provision under Rural Housing Fund enhanced to ` 3.176.000 pulse villages in rainfed areas.75. (iii) To study the performance. former Chairman. Interest subvention for timely repayment of loans enhanced from 2 per cent during 2010-11 to 3 per cent during 2011-12 making the effective rate of interest at 4 per cent. Unauthorized Distribution Prohibited. • • The Corpus of RIDF XVII raised from ` 16. S.com www.176. Direct lending for agriculture and credit to be enhanced for small and marginal farmers.115. The Working Group on Savings under the Chairmanship of Dr. ` 10. Y. Other Initiatives • ` 3. C. efficiency and adequacy of risk management policies. Orissa and Eastern Uttar Pradesh) has been proposed. P. A.000 crore in 2010-11 to ` 4.107 at 2013-09-02 17:18:09 EDT. Thorat. Agricultural Credit • D.net Box 1. (iv) To study the issues concerning micro-financing institutions such as their costs and rates of lending. Chhattisgarh. Banking facilities to all the identified 73. Jharkhand.000 crore. Agricultural Production and Productivity • Allocation of ` 400 crore for realising Green Revolution in the Eastern Region (Assam.www. The Working Group constituted six sub-groups to deal with various sectors of the economy. NABARD as Convenor.107 on 2013-09-02 17:18:09 EDT.reportjunction.75.

498 33.350 75.88 million tonnes as compared to 218. bio-gas and credit flow through private sector commercial banks.45 17.28 Despite not having regions geographically best suited to growing natural rubber.net Irrigation witnessed the highest annual growth of 63.63%) and wheat (4.9: Sub-sector-wise Ground Level Credit Flow for Agriculture & Allied Activities (` crore) Sl No.56 (-)18.99 (-)1.4 19.910 9.9 9. Further.180 2.019 9. bullock and bullock carts.9).13 lakh tonnes in 2009-10.656 107. I.463 3.99 lakh hectares confined mainly to Southern India.451 1.99 lakh tonnes of Arabica and 2 lakh tonnes of Robusta. Animal Husbandry vi.27 Coffee is cultivated in an area of around 3.25 According to the 3 rd Advance Estimates. by oilseeds (21.38.43 per cent. Land Development (27.052 2.045 10.658 2.57 2009-10* 31.695 4.945 8.84..115.424 21.41 27.72 (-)0. Source: NABARD 9 ISIEmergingMarketsPDF in-spjainmr from 115. d.89 8.325 10.36 $ : Others include storage/market yards.94%).455 90.265 2. Land Development iii.73 per cent).54. ISI Emerging Markets. lakh 2010-February.91 63.33 44.76.285 10. i.867 kg/ha.248 33.113 5. Farm Mechanisation iv.01.854 50. the export of tea from India during 2010-11 was 1.447 3.04 per cent followed (19.211 6.7 11.85%).91 lakh tonnes achieved in 2009-10.341 1. Foodgrains & Non-foodgrains 1.176.197 3. India continued to record the highest productivity in the world with an average yield of 1.09 per cent) and Farm Mechanisation (22.045 1.49 7.08 lakh tonnes during against 2010-11 9.481 7.398 1.260 1. Production of Jute & mesta was expected to be lower by 11.034 1. Agricultural Production i. Others$ Total (I + II) 1. the maximum increase being for cotton at 40.99 lakh tonnes.52 5.78 lakh tonnes as against 2.407 10.461 91.29%).66 lakh tonnes as against 9.749 9.52 per cent) in GLC flow over 2008-09 (Table 1.23 18.628 3.14 per cent over the previous year. the country's foodgrain production during 2010-11 was estimated at 235. Downloaded by in-spjainmr from 115.11 million tonnes (final estimate) during 2009-10.334 6.115.43 27.136 8. RIDF. Table 1.53 48. (Table 1.107 at 2013-09-02 17:18:09 EDT. The estimated coffee production for the year 2010-11 is 2. ^: Compound Annual Growth Rate. rice 1. Crop Loan (ST-Production Credit) Term Loan (MT & LT Investment Credit) i. *: Percentage change over the previous year.107 on 2013-09-02 17:18:09 EDT.sansco. Plantation Crops 1.reportjunction. DownloadPDF.303 5. Hi-tech agriculture viii.797 19. forestry/waste land development. tonnes during 2011) as 2009-10.www.669 10.26 Tea production in the country during 2010-11 has been estimated at 9.281 41.26 per cent during 2010-11 as compared to the previous year (Table 1.486 1.176. ii.29. The production of Rubber (natural & synthetic) was 9. followed by Fisheries (44.514 Sector/Sub-Sector 2005-06 2006-07 2007-08 2008-09 2009-10 Growth rate (%) 2005-10^ 26. 0.393 73.73 21. Unauthorized Distribution Prohibited. Minor Irrigation ii.908 2.737 32.50%).09 22.81.553 8.58%).266 8.05. II. registering an increase of 8. Plantation & Horticulture v. .11).10). (5. coarse cereals pulses (17.68 (-)15. Fisheries vii.840 2.748 2. sugarcane (16.11).22 lakh tonnes during 2010-11 was 65 per cent higher than that exported during 2009-10 (Table 1.400 1.694 17.566 2.10.83 10.com www.887 8. During the year.858 5. production of all crops except jute & mesta was estimated to be higher. 1.e. Export of Coffee at 3.38 (April.80.663 1.

30 11.71 24.sansco. Unauthorized Distribution Prohibited. fruits and vegetables form the single largest sub-sector constituting about 92. and fishing at 0. ISI Emerging Markets.21 2008-09 99.43 crore had been incurred upto 2009-10.52 11.88 24.21 17.16 24.1 million tonnes.176.9 million hectares and 223.reportjunction.115.22 292.78 120.88 118. e.7 million hectares and 214.76 230.27 285.29 Development of horticulture is recognised as an avenue for diversification in agriculture to address nutritional security.57 234.66 218.18 80. Area and production under horticulture crops increased from 20. ## Million bales of 180 kgs each.6 per cent of GDP in 2009-10 with agriculture accounting for 12.92 14.47 118.80 33.95 109. enhance employment opportunities and provide export earnings.30 The National Horticulture Mission (NHM).36 2009-10 89..81 33.11).3 per cent.25 33.3 per cent of the total horticultural production in the country.11 84.5 per cent of GDP and 28.4 per cent of GDP from agriculture and allied activities. Under the mission.95 114.125.03 14. has been brought under horticulture crops and an expenditure of ` 4.32 Floriculture in Poly House During 2009-10.55 14.29 235. DownloadPDF. Downloaded by in-spjainmr from 115.57 106.33 27. The estimated export of natural rubber during the corresponding period was 29 .35 75. 1. Horticulture Crops 1. in operation in 372 districts of the country.www.83 29.68 40. Government of India.28 22.31 Agriculture and Allied Sector Agriculture and allied activities contributed to 14. Source: Agricultural Statistical Division.com www.48 *3 Advance Estimates.5 per cent. Ministry of Agriculture.107 on 2013-09-02 17:18:09 EDT. # Million bales of 170 kgs each.39 117.14 116. an area of 16.57 lakh ha.88 348.75 25.27 40.27 2007-08 96.71 22. . Economic Survey 2010-11.76 14.02 10. Livestock and Poultry 1.115. during 2009-10 (Table 1.54 10. 1.57 40.282 tonnes (Table 1.71.107 at 2013-09-02 17:18:09 EDT.11 103.18 11.net Table 1.851 tonnes against an import of 1.20 217. respectively.28 110.7 million tonnes. respectively during 2008-09 to 20. As per the 10 ISIEmergingMarketsPDF in-spjainmr from 115. strategies. i. the livestock sector contributed to 3.48 30. followed by forestry and logging at 1.8 per cent.81 2010-11* 94.92 340. aims to promote holistic development of the horticulture sector through area based and regionally differentiated iii. Among the various horticulture crops.12).69 78.09 80.176.63 355.10: Production of Major Crops (Million tonnes) Year/Crop Rice Wheat Coarse Cereals Pulses Foodgrains Kharif Rabi Oilseeds Cotton# Sugarcane Jute & Mesta## rd 2006-07 93.

08 Exports 2.31 9. Agro and Food Processing Sector 1. Coffee Board. During 2009-10.115. Fisheries 1.47 0.70 NA *: Estimated Coffee Exports 2.85 million tonnes and egg production at 59.88 2. Downloaded by in-spjainmr from 115.February 2011 Source: Ministry of Commerce and Industry.78 Prodn.34 Agro and Food Processing sector is regarded as a promising sector of the Indian economy in view of its large potential for growth and its socio economic impact.8 million.115.64 12. .33 Fishing.66 $: April 2010.107 on 2013-09-02 17:18:09 EDT. f.86 8.7 million and 648.73 9.87 million tonnes during 2006-07.87 9.90 2.02 lakh tonnes with a value of ` 8.99 Cons. Export of marine products was 6.98 million tonnes of marine fish and 4.176.25 0.95 3.64 lakh tonnes valued at ` 9. Fish production is projected to reach 10 million tonnes by the end of 11th Five Year Plan from the base level of 6. DownloadPDF.60 0.43 $ Exports 0.13 1.94 1.02 1.57 0. Tea Board and Rubber Board 18th Livestock Census 2007.61 9. the livestock and poultry population in the country were 529.87 million tonnes of inland fish).176 crore during 2008-09 to ` 3.11: Production. The production of milk was 112.38 9.www.reportjunction.8 billion during 2008-09.29 9. 0.73 9. 2006-07 2007-08 2008-09 2009-10 2010-11* NA: Not Available Tea Cons.49 2.71 7. specifically on employment and income generation. respectively. reported to have provided livelihood to over 14 million persons in 2008-09.85 1. 7.com www.22 Prodn.85 0.62 2. Consumption and Exports of Major Plantation Crops (lakh tonnes) Year Prodn.4 per cent of GDP from agriculture and allied activities.58 11. 9.91 9.sansco. Unauthorized Distribution Prohibited. 10. Agro-processing helps in better utilization and value addition of agricultural produce. aquaculture and allied activities are foods including processed fruits and juices increased from ` 3.107 at 2013-09-02 17:18:09 EDT. the total fish production in the country increased by 10.255 crore during 2009-10.78 12.08 $ Rubber Cons. GoI. The export of processed ii. The production of poultry meat was estimated to be 1.62 2.19 1.90 2. Paddy cum fish Cultivation 11 ISIEmergingMarketsPDF in-spjainmr from 115.5 per cent and reached 7.18 1.90 0. ISI Emerging Markets. The Vision Document 2015 by the Ministry of Food Processing Industries has set a challenging target of trebling the size of processed food sector by 2015 through appropriate enabling policies. During the period between 2007-08 and 2009-10.176. The per capita availability of eggs has been around 51 per annum. 2.97 1.5 million tonnes and the per capita availability of milk increased from 258 grams per day to 263 grams per day due to increase in milk production in the country during 2009-10 over 2008-09. the fisheries sector contributed to 0.91 11.85 million tonnes (2.52 9.608 crore in the previous year.8 per cent of GDP and 6.net Table 1.02 7.921 crore during 2009-10 as compared to 6.

37 Gross Capital Formation (GCF) in agriculture and allied sectors increased from ` 86.25 crore and ` 241.865.69 3.6 5.13: Gross Capital Formation in Agriculture (at 2004-05 prices) (` crore) Year GCF in Agriculture & Allied Activities 2005-06 2006-07 2007-08 86. The value of total trade in commodity futures market increased from ` 77. Unauthorized Distribution Prohibited.9 128.8 191.57 per cent in 2005-06 to 20.9 1.107 at 2013-09-02 17:18:09 EDT.08 crore.2 0.38 Kisan Credit Card (KCC) scheme introduced in 1998-99 has eased the flow of credit to farmers (Box 1.377 crore (at 2004-05 prices) in 2009-10.05.754 crore in 2009-10 to ` 119.614.115. Agricultural Marketing States/Union Territories have ` 1. Of the cumulative 100. . i.4 20. The GCF in agriculture and allied activities as a proportion to GDP in the sector increased from 14.3). Initiatives have been undertaken by GoI for setting up terminal market complexes for fruits.107 on 2013-09-02 17:18:09 EDT.03 19.62%) were issued Table 1.710 1.2 55.57 14.2 0. respectively during 2009-10 as compared to ` 7.9 7.18 per cent in 2010-11.9 0.4 71.13). 1. during 2008-09.66 2.377 7.659 1.9 Fruits Production Vegetables Flowers Total Horticulture 182. But the GCF in agriculture and allied activities as a proportion of total GDP varied between 2.01 milion cards and credit limits of ` 34.942 crore in 2010-11 recording a growth of 53.97 Total GDP h.6 65.8 6.65 16.58 crore and ` 306. Commodity Futures 1.7 0.8 0.sansco.3 6.1 133.0 Source: National Horticulture Board g.35 Seventeen amended their APMC Acts for agricultural market reforms.2 214.611 90.36 Agriculture commodity futures market includes 21 commodity exchanges in the country. j.7 19.2 7. ISI Emerging Markets.28.176.26 million KCC were issued by banks with sanctioned credit limit of ` 43.net Table 1.3 7.982 crore during 2009-10. Agricultural Marketing Information Network (AGMARKNET) provides internet connectivity to agricultural markets for establishing information network of prices and other market related information.33.6 68.30 per cent in 2009-10.5 8. During 2010-11.com www. The value of agricultural commodities as a proportion to total trade in commodity futures market decreased from 15.370 crore as against 9. resepectively. under Agricultural for commodities trade valued and at ` 8.6 6. Kisan Credit Card Scheme 1.33.12: Area and Production of Major Horticulture Crops (Area in million hectares and Production in million tonnes) Year Fruits Vegetables Area Flowers Total Horticulture 18.7 20.176.8 0.67 20.30 2.611 crore in 2005-06 to 2008-09 2009-10(QE) QE: Quick Estimates Source: Economic Survey 2010-11 12 ISIEmergingMarketsPDF in-spjainmr from 115.09 per cent during the same period (Table 1.5 111.66 to 3.115.3 5. vegetables and other perishables in States that have amended their APMC Acts.1 0.65 crore were certified ‘Agmark’ domestic exports. Capital Formation 1.3 7.64.1 6.1 2005-06 2006-07 2007-08 2008-09 2009-10 5. Downloaded by in-spjainmr from 115. 7.93 million credit cards issued.4 59.4 129.6 0.54 2.3 114.09 2. 45.68 per cent in 2009-10 to 12.1 0.48.5 7.03 million cards (44. as at endMarch 2011.2 20.034 1.8 211.reportjunction.7 223.89 per cent during the period.www.8 7. DownloadPDF.7 Ratio of GCF in Agriculture to (%) Total GCF GDP in Agriculture & Allied Activities 14.

Kerala.41 1.83 5.61 5.115.115.213 crore paid as permium by farmers. 27. Agricultural Insurance 1.70 Regional Commercial Rural Banks Banks 1. Agricultural Debt Waiver and Debt Relief Scheme. is open to all farmers irrespective of their size of holding and is being implemented by 25 States and 2 Union 45. August 1998 Source: NABARD by commercial banks.78 15. except cotton.5 per cent).reportjunction. 81 lakh farmers have 1.59 lakh farmer borrowers of co-operative banks and RRBs are estimated to have benefited under the Scheme.176. revealed that Uttar Pradesh accounted for 17. About 192.102 crore.95 1.. was increased 13 ISIEmergingMarketsPDF in-spjainmr from 115.sansco. Territories.5 per cent were the major beneficiaries. Out of ` 29.. 2008 for farmers was announced in the Union Budget 2008-09 to address the been covered under the pilot scheme and ` 639.39 State-wise analysis of KCC issued as at endMarch 2011.net Table 1. Downloaded by in-spjainmr from 115.14: Agency-wise. Minimum Support Prices. Unauthorized Distribution Prohibited.107 on 2013-09-02 17:18:09 EDT. Maharashtra (9 per cent). i.9 per cent). l. As on 30 July 2010.176.29 2. ` 3. DownloadPDF. Year-wise Kisan Credit Cards Issued (As on 31 March 2011) (million) Year 2006-07 2007-08 2008-09 2009-10 2010-11 Cumulative# Co-operative Banks 2. of which small and marginal farmers. indebtedness of farmers and difficulties of the farming community. the National Agricultural Insurance Scheme (NAIS) has been in operation since rabi 19992000.41 With a view to providing indemnity to farmers in the event of crop failure due to natural calamities. Maharashtra. the total claims was to the extent of ` 20. based on 'Area Approach'. ISI Emerging Markets.071 m.74 2.26 crore against the claims of ` 29.19 crore has been released as premium for farmers.43 Minimum Support Price (MSP) for the major kharif and rabi crops.9 percent of the total cards issued.01 7.www.81 40. i. The Coconut Palm Insurance Scheme (CPIS) was launched on a pilot basis in selected areas of eight States. 2008 2007 to provide insurance to farmers against adverse weather conditions affecting crop production.03 100. the cumulative disbursements by NABARD was ` 29.33%) by co-operative banks and 15.93 * Data for commercial banks available up to 30 June 2010 # Since inception of the Scheme.70 million cards (40.810 crore and ` 6. Odisha.437 crore as against an amount of ` 6.59 9.972 crore.77 1. A Modified National Agricultural Insurance Scheme (MNAIS) has been notified in 34 districts covering 22 States during rabi 2010-11.67* Total 8. Andhra Pradesh. 1. especially small and marginal farmers. Goa. This scheme. constituting 83. Tamil Nadu and West Bengal during 2009-10. followed by Andhra Pradesh (16.31 2. Karnataka. Procurement and Stock of Foodgrains 1. Karnataka and Madhya Pradesh (6 per cent each). Between kharif 2007 and kharif 2010.289 crore.20 4.107 at 2013-09-02 17:18:09 EDT. followed by 40. The share of SCB.81 4.023 farmers were covered under the scheme.34 1. NABARD implemented the Scheme as the nodal agency for co-operative banks and RRBs.240 crore received under the Agriculture Debt Waiver and Debt Relief Scheme 2008.05%) by Regional Rural Banks (Table 1. . SCARDB and RRB stood at ` 18.com www. During the period from rabi 1999-2000 to kharif 2010.09 1.51 8.42 The pilot Weather Based Crop Insurance Scheme (WBCIS) is under implementation since kharif k. Tamil Nadu (6.41 1.47 8. 1. pests and diseases.20 million cards (15.e. respectively.14).40 The Agricultural Debt Waiver and Debt Relief (ADWDR) Scheme.e.

Initiation of action on the grievance of an aggrieved person and the constitution of a grievance redressal committee at the district or Loan recovery mechanisms. to be covered by the money lending law.107 at 2013-09-02 17:18:09 EDT.or for stages of cultivation. • • • • • • User owned and not-for profit MFIs may be provided access to finance from banks.3 Task Force "to look into the issue of a large number of farmers. with limits linked to the value of their unpaid labour on their own farms or on farms of relatives. including the conversion to a smart card with withdrawals and remittances enabled at ATMs.www.sansco. not being covered under the loan waiver scheme”: Recommendations The Government of India had constituted a Task Force (TF) headed by Shri Umesh Chandra Sarangi. with the panchayat as the unit for arriving at crop loss. and that the limit be operated by the borrower as and when needed. Each withdrawal under KCC liquidated in twelve months. with no sub limits for kharif and rabi. Any other closely held entity whose lending rates are not subject to other laws. A portion of the anticipated interest subvention amount be parked with banks at the beginning of the year (as in the case of subsidy oriented development schemes of GoI) and adjusted at the end of the year to incentivise banks to reach out to more farmers with crop loans. Kisan Credit Card (KCC): • KCC be technology enabled. DownloadPDF. based on the bankers assessment of total credit needs of the farmer for a full year. who had defaulted on loans taken prior to 1 April 1997. Banks need to have core banking solutions in place at the earliest. Relief measures for farmers not covered by Agricultural Debt Waiver and Debt Relief (ADWDR) Scheme. Farm Credit Rating Institution on lines of CIBIL to be set-up. Unauthorized Distribution Prohibited. points of sale. and that for women members of SHG as well as of thrift and credit cooperatives with a good savings history be provided with specially designed credit cards by banks. The TF submitted its report to the Ministry of Agriculture. Budgetary support for developing weather insurance products to be provided. oral lessees. • • • • • 14 ISIEmergingMarketsPDF in-spjainmr from 115. All India Debt and Investment Survey (AIDIS) and Situation Assessment Survey (SAS) be interspersed and undertaken every 5 years. not covered under the loan waiver scheme'.reportjunction. Policy measures for addressing the issues of farmer indebtedness to moneylenders and on measures to provide relief to such farmers • • • State Governments to continue to make available funds for interest rebate/refund for timely repayment. . sharecroppers and amend related laws appropriately. who had taken loans from private moneylenders.115. Stamp duty on agricultural loan agreements to be exempted. Insurance schemes be redesigned. B. • • Creation of redressal. a quasi-judicial authority for quick • Widening of definition of 'moneylender' to include all forms of for-profit closely held financial organisations lending money. especially for the supply of inputs. Confidentiality of transactions for registered moneylenders.176. and through hand held machines. Legislation regulating loans from private moneylenders • Severe deterrent/punishment for non-registration and for other violations of the law.176.com www. be allowed to be Automatic renewal of and annual increase on credit limit to be linked to inflation rate . using satellite imagery and ground truths. State governments to recognise the existence of tenant farmers. The policy recommendations of the Task Force are delineated below: A. 2008 • Banks and co-operative credit institutions may encourage farmers. storage. • • • • • D. to access fresh farm loans. who had taken loans from private moneylenders. ISI Emerging Markets. processing and marketing and banks be encouraged to lend to these and other agro processing cooperatives. to enable technology to benefit the farmers. Financial literacy and counselling campaigns to be undertaken to increase awareness among farmers on KCC. • The KCC limit be fixed for five years. Government of India in June 2010. Interest subvention be made available when loans are rescheduled.115. Cards issued to women farmers be reported separately. C.107 on 2013-09-02 17:18:09 EDT. Downloaded by in-spjainmr from 115. NBFC to be more closely monitored and their loans not to be automatically considered as 'priority sector' loans. the then Chairman of NABARD 'to look into the issue of a large number of farmers. Other cooperatives of marginalised farmers. JLG to be formed on a 'mission mode' so as to enable the farmers to access collateral free loans from the banking system.net BOX 1.

subject to a premium of ` 1.176.www.1 million tonnes against the buffer norms including the strategic reserve of 25.176. bajra and maize were raised by ` 40 per quintal.0 million tonnes.32%). Fair & Remunerative Price (FRP) since 2009-10 ** At 9. sugarcane (7.7 million tonnes and 22.1 per cent increase in the recovery above 9.3-5. DownloadPDF.52%). The stock of foodgrains (rice and wheat) held by the Food Corporation of India (FCI) and State Agencies as on January 1.5-25.30 per cent as compared to the corresponding date last year. GoI during 2010-11 over the previous year (Table 1.1 @ Statutory Minimum Price (SMP) upto 2008-09.25 645 ^^ 600 600 620 1550 $$ 1700 $$ 1550 910 1800 81.115.reportjunction.26%). was for arhar (30. 1.com www. Downloaded by in-spjainmr from 115. Maximum increase in the MSP during 2010-11.5 per cent recovery. . The off-take of foodgrains (rice and (9. MSP for jowar. ISI Emerging Markets. represents a decline of (-) 1.net Table 1.84 1000 880 880 880 3000 * 3170 * 2300 1400 2500 # 139.12 ** 2006-07 2007-08 2008-09 2009-10 2010-11 ^ An additional incentive bonus of ` 40 per quintal was payable on procurement between 1 March 2006 to 31 March 2007 ^^An additional incentive bonus of ` 100 per quintal was payable over MSP $ An additional incentive bonus of ` 50 per quintal was payable over MSP $$ A bonus of ` 40 per quintal was payable over MSP * Additional incentive of ` 5 per kg for arhar and moong sold to procurement agencies was payable during the harvest/arrival period of 2 months # Staple length (mm) of 24.5 & micronaire value of 4.107 on 2013-09-02 17:18:09 EDT.43%) followed by lentil (20.44 The procurement of rice and wheat as on March 1. 2011 (kharif marketing season for rice and rabi 15 ISIEmergingMarketsPDF in-spjainmr from 115.115. Unauthorized Distribution Prohibited. groundnut in shell marketing season for wheat) at 22.31%).85%).3 per cent and (-) 11.46 for every 0. 2011 was 47.107 at 2013-09-02 17:18:09 EDT.15). gram (19.5 per cent Source: Directorate of Economics & Statistics.18 950 $ 840 840 840 2300 2760 2100 1350 2500 # 129. respectively. moong (14.sansco.18 850 $ 840 840 840 2000 2520 2100 1350 2500 # 81.14%) and common paddy (5.15: Minimum Support Prices for Major Crops (` per quintal) Crop Kharif Paddy (Common) Jowar (Hybrid) Bajra Maize Arhar Moong Groundnut in shell Soyabean (black) Cotton Sugarcane@ Rabi Wheat Gram Lentil Rapeseed/Mustard 750 ^^ 1445 1545 1715 1000 1600 1700 1800 1080 1730 1870 1830 1100 1760 1870 1830 1120 2100 2250 1850 580 ^ 540 540 540 1410 1520 1520 900 1770 80.51 million tonnes.

DownloadPDF. promotion of exports and achieving economies of scale and providing competitive edge to these units under the National Manufacturing Competitiveness Programme (NMCP). The sector n. The sector manufactures more than 6. accounts for about 45 per cent of the manufacturing output and 40 per cent of the total exports of the country.69 per cent higher than that at 23. Small and Medium Enterprises (MSME) contribute significantly to the economic growth by being inclusive.2 million tonnes during April-September 2010-11 was 7.45 Micro.107 on 2013-09-02 17:18:09 EDT.sansco. ranging from traditional to high-tech items.9 million persons during 2008-09.com www. The major advantage of the sector is its employment potential at low capital cost.115.80.176. Small & Medium Enterprises contributes 8 per cent to the country's GDP.176.115. Micro.40 million tonnes during AprilSeptember 2009-10. dereservation of certain items for providing opportunities to MSME for technological upgradation. As per the 4 th Census of the MSME Sector.reportjunction.www. ISI Emerging Markets. reservation of 21 items for exclusive manufacture in micro and small enterprise sector. 16 ISIEmergingMarketsPDF in-spjainmr from 115.000 products. Initiatives taken for the development of MSME sector include the 1. . 2006. employment friendly and promoting equitable development.net wheat) under Targeted Public Distribution System (TPDS) and other schemes at 25.107 at 2013-09-02 17:18:09 EDT. there were 28. Downloaded by in-spjainmr from 115.805 crore and providing employment to 65. It is estimated that in terms of value. Unauthorized Distribution Prohibited.5 million enterprises producing output valued at ` 8. MSME sector implementation of MSMED Act.

and Integrated (IWDP) in Commission. Farm Sector A.107 at 2013-09-02 17:18:09 EDT.reportjunction.www. Maharashtra. Development Programme under Watershed Development Fund (WDF) in 15 17 ISIEmergingMarketsPDF in-spjainmr from 115.176.115. States. Andhra Pradesh. The Fund had a balance of ` 1. based on PLP. (DDM) offices of NABARD across the country. development agriculture and rural development. State Focus Paper 2. Development by Programme the Planning supported Pradesh. The Fund is replenished every year and was augmented during the year with ` 947. NABARD anchors four types of watershed development programmes in the country covering over 1.3 In order to provide meaningful link between and credit planning for supporting 2.12 crore. Jharkhand.6 The objective of developing watersheds is to significantly mitigate the drought induced distress of farmers in the area. Unauthorized Distribution Prohibited. 106 districts are tagged to specific DDM districts to focus on credit planning.5 State Focus Papers. 2. implemented in association with the banks for the development of agriculture and rural sectors are also discussed. .com www.107 on 2013-09-02 17:18:09 EDT. presenting a comprehensive picture of potential available in various sectors of the rural economy. development and promotional activities in these districts. These programmes are: Indo-German (IGWDP) Watershed Watershed in Development Andhra Programme Participatory Maharashtra. viz.. Watershed Development 2. ISI Emerging Markets. State Credit Seminars were organised for discussing with the officials from State Government departments and financial institutions to bridge the infrastructure gaps for facilitating potential credit flow. Gujarat and Rajasthan (See Section L). Tripura and Uttar Pradesh. Integrated District Plans 2. Programmes of the Government of India and the State Governments.897. Various initiatives and programmes of the Bank during the year are detailed in this Chapter. as on 31 March 2011. Watershed Bihar.70 million hectare.69 crore. In addition. Downloaded by in-spjainmr from 115. A.2 There are 395 District Development Managers' B. During the year. Prime Minister’s package in four States. NABARD prepares Potential Linked Credit Plans (PLP). The sectorwise credit flow projections captured in the PLP were utilised for arriving at the credit flow target to agriculture sector and priority sector. PLP were prepared for 624 districts in the country to guide the banks in their credit planning exercise and infrastructure development for 2011-12.7 The Watershed Development Fund was established in NABARD in 1999-2000 with an initial corpus of ` 200 crore.sansco. were prepared by the Regional Offices at the State Level. critical infrastructure gaps to be filled in and linkage support to be provided by various Government departments.net II Development and Promotional Initiatives NABARD continued to support various innovative initiatives in addition to the Bank's ongoing activities. Credit Planning 2. Potential Linked Credit Plans C. DownloadPDF.4 NABARD was involved as a Technical Support Institution in the preparation of Integrated Development Plans under Backward Regions Grants Fund in 17 districts covering five states.176.115.

Kerala and Maharashtra (for developing 15. Downloaded by in-spjainmr from 115. Kosuvaripalli Watersheds in Andhra Pradesh . • • agricultural production and productivity.com www. taking the cumulative area and financial commitment to 9. respectively. bengal gram (45%) & groundnut (18%) during rabi. Ground water levels during monsoon rose by 12-18 feet from pre-development work. area under horticulture increased from 2. Agricultural income increased two fold. During the Box 2.176. distressed districts in the four States. a total of 79 projects in an area of 84.18 crore were disbursed under watershed projects as grants and loans.9 Under the Prime Minister's Relief package for 31 programme being implemented by NABARD under the Special Plan for Bihar component of Rashtriya Sam Vikas Yojana (RSVY).Study by Action for Food Production (AFPRO) • Area under sweet orange increased from 20 acres to 58 acres. in 14 states. Under the programme. Milch animal population increased from zero to 294. 66 watershed projects were to 579. A sum of ` 20. of watershed annually over two years in each of these districts).26 crore and ` 3. of which six are at Capacity Building Phase (CBP) stage and 73 at FIP stage.18 crore. had been sanctioned. respectively.11 The participatory watershed development Major findings of the mid-course evaluation of a few WDF supported projects are given sanctioned. to Full year.115. followed by paddy (43%).000 ha. ISI Emerging Markets. aims to develop 80. Gramajyoti Watersheds in AP . with a total commitment (loan grant the component) year.50 ha to 16 ha. taking the cumulative number of such projects and During 4. Karnataka.Bandhoni.1. GB Thanda. 24 projects graduated to FIP stage. and ` 1. 2. viz.www.107 on 2013-09-02 17:18:09 EDT. respectively. it was 21 to 57. During the year.Study by Central Research Institute for Dryland Agriculture (CRIDA ) Seventy acres of fallow/cultivable wastelands brought under cultivation during Kharif. Bhabua. Banka.1 Mid-Course Evaluation of Watershed Projects supported under WDF (a) Chipni-Bandhoni and Lodhwara Watershed • Reduction in distress migration due to improved Projects in Chitrakoot District of Uttar Pradesh Study by Dhan Foundation • • Gross cropped area increased as fallow land/waste land was brought under cultivation.023 crore.444 ha.18 crore was disbursed during the year and the cumulative disbursement.42 lakh ha.176. (c) Chaitanya. covering of ` an area of crore. Andhra Pradesh. taking the number of such projects to 255. 18 ISIEmergingMarketsPDF in-spjainmr from 115.sansco. in Box 2.10 The watershed projects are entirely grant based in distressed districts while the assistance is grant-cum-loan in non-distressed districts.net 2. the cumulative disbursements under these components were ` 350.17 crore.86 lakh ha. 2.reportjunction.115. 71.8 During the year. (b) Teliki. Gaya. ` 152. were taken up for implementation during the year. Nethigutlapalli. Productivity increased in green gram (36%) & red gram (42%). Unauthorized Distribution Prohibited. of wasteland in Aurangabad. . Kothapalli. Munger..57 projects graduated Implementation Phase (FIP). • • Population of cross bred dairy animals increased from 12 to 37 in Chipni . DownloadPDF. Rabi cropped area increased from 136 ha to 404 ha.127 ha.03 crore and ` 33. Jamui. 45 220. Mabbugutta.107 at 2013-09-02 17:18:09 EDT. as on 31 March 2011. 2. stood at ` 34. Nawada and Rohtas districts of Bihar with an allocation of ` 60 crore. in Lodhwara.000 ha. • Significant gains in crop yields were observed in bajra/ jowar/pulses (50%).

115. The project is expected to develop a replicable model for Climate Change Adaptation in semi-arid and rainfed regions of the country. The project.115. seeks to enable vulnerable rural communities in the Akole and Sangamner taluks of the district. one village in each DDM district and five villages in each of the Pilot Project for Integrated Development of Backward Blocks (PPID) blocks are to be developed in an integrated and holistic manner. DownloadPDF. involves a total financial outlay of ` 34. Downloaded by in-spjainmr from 115. 19 ISIEmergingMarketsPDF in-spjainmr from 115. • Adoption of solar home/street lighting in several villages under the programme. being the first of its kind to be considered by NABARD under WDF. etc. including Non Governmental Organisations (NGO).176. NABARD (` 20.com www. Under the programme.921 infrastructure development projects involving a financial outlay of `193. processing and marketing linkages. Village Development Programme 2. with focus on crop productivity.55 lakh rural people through training and capacity building. institution building through promotion of Farmers’ Club (FC) and Self-Help Groups (SHG). Kisan Credit Card (KCC) scheme and investment in agriculture sector.Phase I • Ten Essential Areas had been identified to facilitate development of agriculture and allied sectors. The outcome of implementing of VDP-I are highlighted in Box 2.12 lies in the direct rain-shadow of Western Ghats and is vulnerable to frequent droughts. . awareness on environment and publications in vernacular for the benefit of the village community.107 on 2013-09-02 17:18:09 EDT.13 The Village Development Programme (VDP) introduced in 2007-08. Farmers' Clubs (FC) and Krishi Vigyan Kendras (KVK). 6. envisaging coverage of 1500 villages. to cope with the inpact of climate change. is meant to fulfil NABARD's mandate High Density Mango plantation in Watershed of Barakar of bringing about integrated rural development through credit and promotional efforts. through 482 Project Implementing Agencies (PIA). 2.net Cooperation (SDC) (` 10.107 at 2013-09-02 17:18:09 EDT.61 crore.80 crore). Climate Change Adaptation Project in Akole & Sangamner Taluka of Ahmednagar District.176.634 training and • Credit related interventions facilitated access to institutional credit with focus on financial inclusion. • Critical infrastructure needs identified during Participatory Rural Appraisal have been addressed by ensuring synergy and convergence through 1. • Promotional interventions covered 1. organising rural entrepreneurship development programmes. with grant assistance from the Swiss Agency for Development and Box 2.73 crore). therefore. Unauthorized Distribution Prohibited. B.62 crore) and contributions from villagers (` 2.reportjunction. C.2 Outcome of Village Development Programmes . especially in allied and non-farm sector activities. Financial inclusion varied from 50% to 100% in the VDP villages.2. awareness programmes had been organised for the benefit of 1.www.sansco. The Watershed Organisation Trust (WOTR) is the implementing agency for the project. the largest district of Maharashtra. The project. The programme is now being implemented in 801 villages spread across 25 States.80 lakh farmers. Towards this end. Maharashtra Ahmednagar. The programme was completed in 115 villages and is under different stages of implementation in 686 villages. storage. ISI Emerging Markets. The Programme has been upscaled with the launch of Phase II of the programme (from April 2010).15 crore.

off-season enhanced production.107 on 2013-09-02 17:18:09 EDT. of which 51 projects with financial assistance of ` 2.65 crore. and (ix) protected vegetable cultivation in Uttarakhand. 123 projects were sanctioned with a financial support of ` 11. distribution and processing of organic milk. The major interventions under the project included construction of poly-houses. Farm Innovation and Promotion Fund 2.60 crore. training on adoption of organic farming. financial assistance of 373.14 The integrated (a small Tribal tribal Development development as the Fund projects core (TDF) with was wadi created in 2004 with a corpus of ` 50 crore to support orchard) component. During the year. (ii) production. The projects cover process activities for like (i) innovative participatory guarantee system as a low cost alternative for certification small and organic farmers. (iv) mass propagation of selected species of bamboo through and innovative stage techniques based for rural resource for development. The project is now being replicated in the states of Karnataka and Uttarakhand. which was a demonstrative model.107 at 2013-09-02 17:18:09 EDT. has trained 30 entrepreneurs (small and marginal farmers). DownloadPDF.net D. Cumulatively. (viii) demonstration of Organic Farming using the Phosphate Rich Organic Manure technology in Rajasthan.15 The corpus under Farm Innovation and Promotion Fund (FIPF) has been enhanced to ` 50 crore.www.55 crore have been completed. products marginal Box 2. 45 projects were sanctioned in 15 states.163 tribal families in various states. multiplication and area expansion of Navara rice. reduced labour. Downloaded by in-spjainmr from 115. (vi) identifying and developing sustainable strategies for combating twisting malady in onion. (ix) demonstration and field adaptation of Phytotron Sugarcane Ripener technology innovation for quantitative and qualitative improvement in sugarcane production. The impact of the project was visible with increased water use efficiency through drip. covering 2. Some of the major completed projects include (i) promoting commodity based marketing of agricultural produce on cluster basis in Uttarakhand. broccoli. (viii) seed purification. Unauthorized Distribution Prohibited.47 crore.3). ISI Emerging Markets. increase in yields of capsicum and lettuce by 100% vis-a-vis crops in open condition. from 1 April 2009.41 crore as loan) was sanctioned for 126 projects benefiting 94. (vii) skill upgradation for small and marginal farmers through training and empowerment for production of exotic vegetables in low cost poly-houses in Tamil Nadu (Box 2. as on 31 March 2011. capacity building of farmers on low cost poly-houses. Yojana These projects provide sustainable livelihood for tribal families through orchard based farming along with social ` welfare measures (` to improve crore as their grant living and standards. Uttar Pradesh.02 lakh. implementation Moradabad. hand holding support for the farmers on construction of poly-houses and market and bank linkages. improved methods of vegetable cultivation. During 2010-11.3 Exotic Vegetables in Low Cost Poly-houses A project on "Skill Upgradation for Small and Marginal Farmers for Production of Exotic Vegetables in Low-Cost Poly.97 crore 355. lettuce.com www. The project was implemented in Shoolagiri block in Krishnagiri district with NABARD assistance of ` 6. The cumulative sanction was `917.50.493 families in 317 projects across 24 States/Union Territories (UT).56 ` 18. 20 ISIEmergingMarketsPDF in-spjainmr from 115. E. (x) commercialisation of Anthurium and Heliconia.115. Tribal Development 2. (iii) development of Bharath Chakra (animal drawn mechanical plough) in Tamil Nadu. (vii) sustainable initiative for improving production & productivity of sugarcane. cultivation of exotic vegetables like coloured capsicum. with grant assistance of ` 5.176. installation of drip irrigation system.harvest value addition of medicinal dehydration (v) and in aromatic solar of crops dryers Kisan produced in Bandhu through in Uttarakhand. (ii) system of wheat intensification in Himachal Pradesh. Chennai. zucchini. (vi) study of commercial viability of whole seed corn production of elephant foot yam in West Bengal. and (xi) promotion of Natueco farming across various states. The project.reportjunction. reduction in pest attack by 2530%. (iv) post. (v) standardisation of planting geometry growth fertigation patterns commercial cultivation of selected vegetables using drip irrigation system. chinese cabbage.houses" was sanctioned under FIPF to TVS Educational Society.115.sansco. improved quality of the produce fetching premium prices (5-10 % increase) and capturing niche markets.176. (iii) sustainable upscaling of weather insurance. .

DownloadPDF. drip irrigation in medicinal plants. 282 exposure visits for 7. and Maharashtra. Downloaded by in-spjainmr from 115.. (ix) preparation of web based interactive packages for selected medicinal crops. (v) intensive cultivation of vegetables through drip irrigation system. off-season hybrid vegetable cultivation. Agency-wise. Farmers' Technology Transfer Fund Western (13. commercial banks (2. and the Northern (11. Arunachal Pradesh. by (ii) food sustainable livelihood livelihood upscaling farming.903 of Technology (CAT)' aims at capacity building of farmers for adopting new/innovative methods of farming. During 2010-11.02 crore under FTTF. NGO promoted maximum number of clubs (13. initiatives of been sanctioned in 12 states. vegetable production in poly-house. West Karnataka. An analysis of the region-wise distribution of clubs indicated that the Central region had the highest share (30. poultry farming. (x) developing organic farming technology and package of practices for organic production of Navara rice.922). etc. The areas covered were vermi-compost. into a Entering Memorandum 2. tissue culture. followed by the Southern (21. NABARD launched a pilot project aimed at development of a cadre of farmers from amongst the members of Farmers' Clubs. trained in the areas of Technology Transfer.115. During the year.39%). During the year. as on 31 March 2011. extension services.25 per cent.176. organic farming. market prices. nursery management. (vii) transfer of technology to farmers and livelihood improvement through formation of technology users' groups and formation of Joint Liability Groups (JLG). scientific cultivation of lac.87%)..176.115. (viii) scientific sericulture. Farmers' Club Programme 2. 21. Other Kerala. RRB (2.838 mobiles served till 31 March 2011). milk processing & manufacture of milk products.215).39%) regions. Understanding (MoU) for convergence of Farmers' Club Programme with the developmental schemes of Government of Uttar Pradesh and (ii) engaging 432 FC as Business Facilitators (in 13 states) and four FC as Business Correspondents by banks. FC are being provided with information on weather.95%).net F.www.708 as on 31 March 2011. State Agricultural Universities (SAU)/Krishi Vigyan Kendras (KVK) [255] and other agencies (179). processing of horticulture produce.sansco. 21 ISIEmergingMarketsPDF in-spjainmr from 115. During the year. Eastern (19.97 crore in 27 states. crop advisory.55 crore. Three Farmers' Training and Rural Development Centres (FTRDC) were provided grant assistance of ` 1.733).15%).107 at 2013-09-02 17:18:09 EDT. Odisha. Credit Counselling and Market Advocacy. Uttar Pradesh. KVK and SAU. Haryana. As on 31 March 2011. (vi) demonstration of brackish water poly-culture technology for rural development.reportjunction. . H. Unauthorized Distribution Prohibited. The cumulative disbursement was ` 33. viz. ISI Emerging Markets. Bihar.com www. while NER accounted for only 3. technology and markets. were sanctioned with grant assistance of ` 44.548 farmers were arranged in collaboration with select research institutes.17 The programme aims to organise farmers to facilitate accessing credit. followed by co-operative banks (2.18 The 'Scheme for Capacity Building for Adoption G.16 Farmers' Technology Transfer Fund (FTTF) has been augmented to ` 100 crore from 1 April 2010. Capacity Building for Adoption of Technology 2. Tamil Nadu. Farmers' Clubs (FC) were launched. System of Rice Intensification (SRI). (iii) creating sustainable through organic (iv) providing Short Messaging Service (SMS) services to the Farmers' Clubs by Reuters Market Light (RML). and (xi) establishing Farmers' Resource Centre (FRC). through training and exposure visits.599). 512 diverse and innovative proposals for transfer of technology. 25 projects had Jharkhand. through SMS on mobile phones (29. Some of the major proposals sanctioned were: (i) setting up of Very Small Aperture Terminal (VSAT) based Village Resource security Centres and involving ISRO-VSAT. taking the total number of clubs to 76.107 on 2013-09-02 17:18:09 EDT. Uttarakhand included (i) Bengal. etc. As an Information and Communication Technology (ICT) initiative.

41 crore and ` 0. Unauthorized Distribution Prohibited. As on 31 March 2011.55 crore bank loan was disbursed to 464 borrowers in 7 states with refinance of ` 18.20 The Scheme for "Financing Purchase of Land for Agriculture Purposes".000 Below Poverty Line (BPL) families under Multiactivity Approach for Poverty Alleviation (MAAPA) and 15.72 crore. had launched the 'Pilot Project on augmenting productivity of lead crops/ activities through adoption of sustainable agricultural practices'. As against a target of 80. The number of pregnancies confirmed (under the Artificial Insemination component) was 3.com www. NABARD is the project holder while BAIF and Dr. During 2010-11. Special Project on Livelihood Based Development 2. The project aims at covering 8.938 and 99.230 families were registered in Uttar Pradesh and Bihar.99 crore.www. Business The School cost of (LABS) the in the is project 2. Downloaded by in-spjainmr from 115.23 The Special was Project on Livelihood under Based J.97 crore for Sultanpur and ` 14. Financing Purchase of Land for Agriculture Purposes Development sanctioned Swarnjayanti Gram Swarozgar Yojana (SGSY) by GoI in 2006-07 for implementation in Sultanpur and Rae Bareli districts of Uttar Pradesh. ` 20.33 crore were released for Sultanpur and Rae Bareli districts.98 crore and ` 7. GoI released ` 23. Pune in 17 districts of Uttar Pradesh and 13 districts of Bihar. share croppers and tenant farmers for purchase of agriculture land and fallow land with a view to increasing agricultural production and taking up diversified activities. 2.90 crore for Rae Bareli. Pilot Project on Augmenting Productivity of Lead Crops outlay of ` 27.51. ISI Emerging Markets. (CDP) were K.22 crore.22 Cattle Development Projects Cattle Development Projects sanctioned in 2004-05 by GoI for implementation by Bharatiya Agro Industries Foundation (BAIF). respectively. During 2010-11. ii.20. taking the cumulative disbursement to ` 8. i.19 NABARD in 2009-10. ` 0. project supervision and monitoring. DownloadPDF.296 and 2. respectively. However.000 families to be covered in each state. While 100 Cattle Development Centres have been established in each state. cost The yield gap of crops would be bridged and value addition. The project is to be implemented initially in 4-6 clusters of five villages per state. ` 14. 44 projects covering 220 villages were launched with a financial commitment of ` 15. proliferating to 600-900 villages at the national level. with the utilisation at ` 23. Reddy Foundation are the implementing agencies for the two components. ensuring its utilisation. reduction improved standards of living for the rural farming community. 16 District Dairy Farmers' Associations have been formed in Uttar Pradesh and 13 in Bihar. Poultry Venture Capital Fund (PVCF) continued in the 22 ISIEmergingMarketsPDF in-spjainmr from 115.294 in Uttar Pradesh and Bihar.41 crore.02 crore.176.67 crore. under implementation since August 2001. respectively.107 at 2013-09-02 17:18:09 EDT. 2. a total of 83. Against a total financial iii.000 financially very needy youth under Demand Driven Skill Development (DDSD) through Livelihood Advancement two districts.24 Dairy Venture Capital Fund (DVCF) scheme was as Dairy Entrepreneurship Development modified Scheme (DEDS) with effect from 1 September 2010 by replacing interest free loan with capital subsidy.107 on 2013-09-02 17:18:09 EDT.net I. Government Projects 2. .21 NABARD continued to implement/coordinate the following area specific projects of the Government of India (GoI).115.sansco. aims to provide credit facility to SF/MF. Dairy and Poultry Venture Capital Funds 2. NABARD is the co-ordinating agency and facilitator for channelising funds.115.176.reportjunction. resulting in through adoption of sustainable agricultural practices.

www.reportjunction.com

www.sansco.net

Interest Free Loan mode. During the year, an amount of ` 12 crore was received from the Ministry of Agriculture (MoA), GoI for DVCF, ` 25.69 crore for PVCF and ` 20.40 crore for DEDS. An amount of ` 27.48 crore was sanctioned for 2816 units under DVCF, ` 28.57 crore for 342 units under PVCF and ` 9.69 crore for 1978 units under DEDS. The cumulative sanctions as on 31 March 2011 stood at ` 174.39 crore for 18184 units under DVCF, ` 48.18 crore for 633 units under PVCF, and ` 9.69 crore for 1978 units under DEDS.

L.
2.26

Externally Aided Projects
NABARD received ` 132.27 crore during 2010-11

and disbursed ` 135.76 crore as grant assistance during the year under the Kreditanstalt für Wiederaufbau (KfW) supported externally aided projects, which are at various stages of implementation (Table 2.2).

a.

Adivasi Development Programme in Gujarat and Maharashtra
KfW-NABARD-V-Adivasi Development

2.27 The

Programme in Gujarat is being implemented in

iv.

Artificial Groundwater Recharge through Dugwells

Valsad and Dangs districts through BAIF since 1994-95, with an outlay of ` 67.25 crore with components of mango and cashew nut wadi (small orchard), soil conservation, water resources development, women/landless family development and health. The programme covered 13,663 families from 162 villages against the target of 10,000 families. A total area of 5,153 ha., was brought under wadi, against the target of 4,047 ha.. KfW also sanctioned a grant assistance of € 7 million (approx. ` 38.15 crore) for Phase II (2006-2014) of the programme, covering 4,700 families in these districts. Under this Phase, 5,922 families had been identified, 2,343 ha., of wadi established and 253 wadi tukadis (group of 8-10 wadi holders) formed, as on 31 March 2011. 2.28 The KfW NABARD Adivasi Development

2.25

The programme covered 1155 Blocks/Talukas in Karnataka, Madhya Pradesh, Maharashtra,

146 districts of seven states, viz., Andhra Pradesh, Gujarat, Rajasthan and Tamil Nadu, phased over three years, i.e., from 2007 to 2010. An estimated 44.54 lakh recharge structures was envisaged for construction adjacent to dugwells, at a total cost of ` 1,871.10 crore. Out of this, the subsidy to be distributed to the farmers/beneficiaries is ` 1,499.25 crore (Table 2.1). Out of the total funds of ` 1,536.75 crore received from the Ministry of Finance, GoI, net subsidy [including for IEC (Information, released by Education, Communication) activities]

NABARD was ` 280.637 crore, for construction of 7.13 lakh Artificial Recharge Structures. Programme in Maharashtra is under implementation in Nashik and Thane Districts, since 2000, with KfW
Table 2.1: Artificial Groundwater Recharge through dugwells Sl. State No. 1 2 3 4 5 6 7 Andhra Pradesh Gujarat Karnataka Madhya Pradesh Maharashtra Rajasthan Tamil Nadu Total Period : 2007-10 No. of Dug Wells (lakh) 7.37 5.59 1.54 3.60 3.28 10.65 12.51 44.54 Amount of subsidy for dug well recharge (` crore) 298.87 189.72 53.62 123.09 100.68 283.07 450.20 1499.25

assistance of € 14.32 million ( ` 82.22 crore). The project covered 13,848 families against the target of 13,000 families and 4,975 ha. of the target of 4,047 ha.. wadi area against

b.

Indo-German Watershed Development Programmes
Indo-German Watershed Development

2.29 The

Programmes (IGWDP) introduced in Maharashtra, is an integrated programme implemented by Village Watershed Committees (VWC) in association with NGO for regeneration of natural resources. Phase I (1990-2000) and Phase II (2001-2007) of the

23
ISIEmergingMarketsPDF in-spjainmr from 115.115.176.107 on 2013-09-02 17:18:09 EDT. DownloadPDF. Downloaded by in-spjainmr from 115.115.176.107 at 2013-09-02 17:18:09 EDT. ISI Emerging Markets. Unauthorized Distribution Prohibited.

www.reportjunction.com

www.sansco.net

Table 2.2: Externally Aided on-going Projects (As on 31 March 2011) ( ` lakh) Sl. Name of the Project No. External assistance (million) Amount received by NABARD During 2010-11 Cumulative Disbursements made by NABARD During 2010-11 Cumulative

1.

KfW-NABARD V-Adivasi Development Programme in Gujarat (Phase I) € 13.29 (+ 1.5 Suppl. Grant) € 7.00 1310.31 8470.94 1108.41 8395.23

i. Adivasi Development Programme in Gujarat (Phase II) ii. iii. iv. v. vi. IX-Adivasi Development Programme in Maharashtra Indo-German Watershed Development Programme in Andhra Pradesh Indo-German Watershed Development Programme in Maharashtra (Phase III) Indo-German Watershed Development Programme in Gujarat Indo-German Watershed Development Programme in Rajasthan vii. KfW-Sewa Bank Project 2. i ii iii

€ 14.32 € 8.69 € 19.94 € 9.20 € 11.00 € 4.09

1685.25 1402.14 2785.06 346.06 230.84 266.73

7595.85 2434.29 8495.56 789.91 642.12 960.74

1632.35 1307.47 3286.12 394.59 418.70 264.06

7576.87 2591.02 8683.86 816.87 872.70 951.13

KfW-Umbrella Programme for Natural Resources Management (UPNRM) Loan Grant Grant for Accompanying Measures FC Loan : € 15.00 FC Grant : € 1.4 Grant for Accompanying Measures : € 3.00 FA of TC from GIZ € 1.50 # Total 4738.86 82.484 286.837 5411.240 97.122 373.410 4765.454 80.804 263.726 6197.94 108.414 357.852

iv

Technical Component (TC) Assistance from GIZ

92.520 13227.091

92.520 35363.702

54.058

54.058

13575.742 36605.944

# Part of € 8.5 million total TC grant support from GIZ Sewa: Self Employed Women’s Association

FC: Financial Co-operation

programme

were

successfully

completed,

covering

c.

95 watersheds on 1.02 lakh ha. Under Phase III (2005-12), 114 projects have been sanctioned since January 2005. Of these, 10 projects were completed, 100 watersheds reached FIP and four projects were terminated.

Umbrella Programme on Natural Resources Management

2.30 The Umbrella Programme on Natural Resources Management (UPNRM) is a loan-cum-grant based Indo-German programme being implemented since 2007-08 by NABARD in collaboration with KfW and

24
ISIEmergingMarketsPDF in-spjainmr from 115.115.176.107 on 2013-09-02 17:18:09 EDT. DownloadPDF. Downloaded by in-spjainmr from 115.115.176.107 at 2013-09-02 17:18:09 EDT. ISI Emerging Markets. Unauthorized Distribution Prohibited.

www.reportjunction.com

www.sansco.net

GIZ

(formerly by

GTZ).

It

aims

at

boosting

rural

cumulative FC Loan, FC grant and AM received from KfW was ` 54.11 crore, ` 0.47 crore and ` 3.73 crore, respectively while ` 0.92 crore was received as TC from GIZ.

livelihoods

supporting

community

managed

sustainable natural resource management projects. The total fund envisaged under the programme is € 30.90 million (€ 19.40 million from KfW, € 8.50 million from GIZ and € 3.00 million from NABARD). During the year, 34 projects were sanctioned, with a financial assistance of ` 76.36 crore (` 71.72 crore as loan and ` 4.64 crore as grant). Cumulatively, 64 projects in 13 states and one UT (A & N Islands) have been sanctioned financial assistance of ` 155.75 crore (` 146.04 crore as loan and ` 9.71 crore as grant), as on 31 March 2011. A success story under UPNRM is given in Box 2.4. An amount of ` 50.32 crore (` 47.65 crore as loan and ` 2.67 crore as grant) was disbursed during the year, taking cumulative disbursements to ` 65.87 crore (` 61.98 crore as loan and ` 3.89 crore as grant) as on 31 March 2011. An amount of ` 47.39 crore as Financial Co-operation (FC) loan, ` 0.82 crore as FC grant, ` 2.87 crore as Accompanying Measures (AM) from KfW and ` 0.93 crore from GIZ under Technical Component (TC) were received during the year. The

M. New Initiatives
(a) System of Rice Intensification
2.31 System of Rice Intensification (SRI) is a

combination of simple agronomic and management practices that improve productivity. A project of 150 Model Units covering 28,800 ha and 84,000 farmers, was launched in June 2010 in 13 identified states for implementation over a period of three years, with total financial outlay of ` 25.68 crore. A total of 158 Model Units with a financial outlay of ` 22.35 crore was sanctioned, against which an amount of ` 5.83 crore was disbursed during the year. The Deptartment of Agriculture & Cooperation, MoA, GoI has agreed for financial convergence of SRI promotion programme with National Food Security in Mission (NFSM) programme districts. implemented identified NFSM-Rice

Box 2.4 UPNRM Projects - A Success Story Efficient Irrigation System in Doddaballapur Taluk of Bengaluru (Rural) District of Karnataka The project is based on a pilot developed by the Bangalore Electric Supply Company (BESCOM) in partnership with the US Agency for International Development (USAID/ India) wherein, the energy service company, Enzen Global Solutions Private Limited (ENZEN) has been engaged to replace the IP sets in 37 villages spread over five Gram Panchayats, viz., Melekote, Thubugere, Konaghatta, Rajaghatta & Hadonahalli in Doddaballapur Taluka of Bangalore (Rural) district of Karnataka. Under UPNRM, NABARD sanctioned a financial assistance of ` 3.28 crore [ ` 3.08 crore as term loan for replacing 647 irrigation pump sets and ` 0.20 crore as grant for Agriculture ENZEN. Demand Side Management (AgDSM)] to The project being implemented in PPP mode envisages a return for ENZEN and BESCOM in the ratio of 75:25, respectively, from the revenue generated out of energy savings. In this model, the farmer does not have to pay anything for getting his inefficient pump replaced with a New High Energy Efficiency Pump Set (NHEP). ENZEN will be paid by BESCOM, through the energy savings achieved. ENZEN will also benefit through the carbon

credits earned under the Clean Development Mechanism (CDM) to ensure return on its investment in NHEP. On an average, the project will generate an assured income of ` 122.44 lakh (75% of the same to accrue to ENZEN) out of energy savings from 647 pumpsets and the income from Certified Emission Reductions (CER) from the third year onwards, will be to the tune of ` 66.79 lakh per year.

25
ISIEmergingMarketsPDF in-spjainmr from 115.115.176.107 on 2013-09-02 17:18:09 EDT. DownloadPDF. Downloaded by in-spjainmr from 115.115.176.107 at 2013-09-02 17:18:09 EDT. ISI Emerging Markets. Unauthorized Distribution Prohibited.

www.reportjunction.com

www.sansco.net

(b) Pilot Project on Natueco Farming
2.32 Keeping in view the opportunities for replicating the Natueco Farming model, especially among small and marginal viz., farmers, Andhra pilot projects involving a financial outlay of ` 2.29 crore were launched in six States, Pradesh, Gujarat, Madhya Pradesh, Maharashtra, Tamil Nadu and West Bengal. Seventeen projects with a financial commitment of ` 0.87 crore were sanctioned. The salient features of Natueco farming are given in Box 2.5.

Box 2.5 Salient features of Natueco Farming (10 Gunta Model) • Adoption of zero tillage with simultaneous cultivation of a combination of seasonal and perennial crops. • High density planting and canopy management through pruning (roots and foliage) for optimising yield • In-situ incorporation of entire crop residue and other biomass including weeds, which shall form the source of nutrients on decomposing. • Watering of the plant to maintain moisture instead of irrigating the field

(c) Sustainable Sugarcane Initiatives
2.33 Sustainable Sugarcane Initiatives (SSI), developed
• Border planting commercial use with herbs and tree species of

under ICRISAT-WWF Project for promoting farm-based methods to improve water productivity, aims at providing practical solutions to farmers in improving the productivity of land, water and labour. In addition, it reduces crop duration and provides factories a much longer crushing season, hence increasing employment. A proposal for promoting SSI technology was sanctioned by Karnataka Regional Office under FIPF, involving an outlay of ` 9.35 lakh during the year. Four workshops were also organised in Karnataka, Tamil Nadu and Maharashtra during the year, to understand the

• Zero pesticide application, relying on pest and disease management by Nature • Preference for local varieties of food and non food crops • Total involvement of the family in production process

operational issues, needs of the farmers and working out effective linkages among the stakeholders. Based on the feedback, necessary guidelines are being framed for upscaling the programme.

Rural Non-Farm Sector
A. NABARD-SDC Fund
2.34 NABARD, in

Rural

Innovation
with the SDC

amount of ` 14.42 crore was disbursed during the year, taking the cumulative disbursement to ` 32.99 crore. Sixty-two projects had been successfully completed and 34 projects were in advanced stages of implementation.

collaboration

constituted the Rural Innovation Fund (RIF) from 1 October 2005, with a corpus of ` 140 crore. The setting up of the Fund is intended to support innovative and risk mitigating experiments in farm, non-farm and micro-finance sectors. During 2010-11, 122 innovative projects were sanctioned, taking the cumulative number to 375, as at end-March 2011. An amount of ` 10.42 crore (including supplementary assistance to projects sanctioned earlier) was sanctioned during the year taking the cumulative sanctions, till 31 March 2011, to ` 49.28 crore, against which an

B. Strengthening of Rural Haats
2.35 Haats' Under the 'Scheme for Strengthening of Rural introduced in 1999, grant grant support of of

` 5.74 crore was sanctioned to 118 rural haats during 2010-11. Cumulative assistance ` 13.19 crore has been sanctioned for 307 rural haats across 23 States.

26
ISIEmergingMarketsPDF in-spjainmr from 115.115.176.107 on 2013-09-02 17:18:09 EDT. DownloadPDF. Downloaded by in-spjainmr from 115.115.176.107 at 2013-09-02 17:18:09 EDT. ISI Emerging Markets. Unauthorized Distribution Prohibited.

Entrepreneurship Development Programmes (REDP) G. which helped the artisans to realise sales of over ` 0.327 REDP/ SDP were supported with financial assistance of ` 12.36 crore was released.36 NABARD has been implementing the Cluster Development 1999-2000. Unauthorized Distribution Prohibited. E. Odisha and Madhya Pradesh. four programmes under and Skill Development Programmes (SDP). ISI Emerging Markets.115.949. 201 Women participatory clusters and two under intensive clusters were approved.115.51 crore. During the year.39 During 2010-11. Swarojgar Credit Card Scheme 2.www. Programme The under the National a Programme on Rural Industrialisation (NPRI) from programme encompasses comprehensive strategy aimed at holistic development of clusters and raising income levels and living standards of artisans through various planned interventions. capacity building programmes were organised for the participants from banks. In order to ensure smooth implementation and monitoring of the initiatives.37 crore was disbursed for the purpose. A sum of ` 0.38 As on 31 March 2011. F. During 2010-11. This included support extended to RUDSETI and other similar institutes for incurring capital and recurring expenditure. Women Empowerment Programme 2. DownloadPDF. 2. Jharkhand.37 NABARD has been supporting Rural exhibitions. taking the total number of such programmes to 29.176. REDP training in in tailoring in NER 27 ISIEmergingMarketsPDF in-spjainmr from 115. 17.75 crore.com www. four on-location cluster workshops were conducted.859 REDP/SDP have been supported with grant of ` 83. Cluster Development 2. grant support of ` 0. Downloaded by in-spjainmr from 115. government departments/ NGO/ VA etc.107 at 2013-09-02 17:18:09 EDT. Cumulatively. 3. 320 marketing events/ Development Cells (WDC) were supported to address gender discrimination in credit and support services.net C.107 on 2013-09-02 17:18:09 EDT.34 crore.sansco. since early nineties. The Bank continued to co-sponsor SARAS Mahalaxmi Fair wherein 130 artisans and 61 agencies from 24 States participated in the 15-day long exhibition. As many as 20 clusters are being supported in the North Eastern Region alone and a large number of clusters are being promoted in less developed states like Chhattisgarh. 1. A total of 113 clusters across 84 districts in 22 States had been approved. as on 31 March 2011.35 crore. . as proven tools for generating selfemployment opportunities in rural areas. Rural Entrepreneurship Development and Skill Development Programmes 2. During the year.26 crore were issued for facilitating hassle-free credit for investment and working capital requirements of small/microentrepreneurs.reportjunction.40 During the year.12 lakh involving credit limit of ` 4. Marketing D.176. were supported with a grant assistance of ` 2. The cumulative total of SCC was 12. Under Assistance to Rural Women in Non-Farm Development (ARWIND) scheme.59 crore.20 lakh Swarojgar Credit Cards (SCC) having credit limit of ` 514.

05 crore towards FIF and ` 0.. Financial Literacy Camp 28 ISIEmergingMarketsPDF in-spjainmr from 115. pilot projects of Farmers' Clubs (FC) as Business Facilitator (BF) and SHG as BC/BF in one district have been extended to all villages having 2000 and more population in the command area of RRB. to each of these Funds. were set up in NABARD during 2007-08. and by NABARD at ` 30 crore (FIF) and ` 40 crore (FITF). PACS cannot function as BC of co-operative banks.176. through Doordarshan.sansco. to be contributed by the GoI. However. as per RBI guidelines. Business Correspondents (BC). GoI again contributed ` 10 crore for 2009-10 and 2010-11 to each of the Funds. in based regional on the is languages being is also with to experience extended ii.www. The Primary Agricultural Credit Societies (PACS) have been permitted to function as BC of Commercial Banks (CB) and RRB.107 at 2013-09-02 17:18:09 EDT. being its share of expenditure incurred upto July 2009. Policy Initiatives 2. are expected to work at the 'last mile'. Unauthorized Distribution Prohibited. would be supported under FIF. (FINO)-Fintech Foundation would be available and the cost would be reimbursed through the bank engaging the BC/CSP. monitoring systems and impact evaluation mechanism. RBI contributed ` 3. DownloadPDF. as recommended by the Committee on Financial Inclusion (Chairman : Dr. Operations Ltd. for formulating a National Alliance on Financial Literacy. Also. the contribution to this corpus by GoI stood at ` 30 crore in each of the Funds. The corpus of each Fund is ` 500 crore. viz. Rajasthan and Uttar Pradesh.000 per BC or Customer Service Provider (CSP) for three-days training at ` 1. Madhya Pradesh.107 on 2013-09-02 17:18:09 EDT. in six Bihar.46 crore (` 3. till necessary guidelines are issued by RBI. iii.115.42 The following policy inititatives were taken during the year: i. Downloaded by in-spjainmr from 115. During the year 201011. being agents of banks.net Financial Inclusion 2. Financial support of ` 3. As such remuneration to BC is to be taken care of by the banks themselves. to be identified by banks. The capacity building component for authorised functionaries of well-run SHG. C. respectively. and Financial Inclusion Technology Fund (FITF) for meeting the cost of technology adoption.176.41 The Financial Inclusion Fund (FIF) for meeting the cost of developmental and promotional interventions of financial inclusion. ISI Emerging Markets. .000 per day through Financial Information Network & iv. Support is being made available from FIF for producing states.reportjunction. Rangarajan). NABARD is working with the Indian School of Microfinance for Women (ISMW) and has identified state level partners on modalities for alliance.41 crore towards FITF).com www. The RBI has decided to contribute to these Funds on a reimbursement basis.115. As on 31 March 2011. GoI and NABARD made initial contributions of ` 10 crore and ` 5 crore. (AFC) for promoting financial literacy among rural adults in West Bengal through SHG and FC. The production and telecast of financial literacy programmes envisaged Doordarshan. The Reserve Bank of India (RBI) and NABARD in the ratio of 40:40:20 in a phased manner over five years. Support Agricultural Finance Corporation Ltd. Chhattisgarh. Jharkhand. A. and telecasting financial literacy programmes in Hindi.

31 D 0.24 1.83 TOTAL S 19. subject to certain conditions.www. 80 and 90 per cent. Jharkhand. submitted by Invest India MicroPension Services (IIMPS).000 and falling in the command area of the RRB. Bokaro.41 1. ISI Emerging Markets.176.00 101.08 6. Assam. vii.sansco.54 16.FIF and FITF (1 April 2010 to 31 March 2011) (` crore) Name of the Fund Target for 2010-11 D FIF FITF TOTAL S: Sanctioned Commercial Banks S 0. For implementing Core Banking Solutions (CBS) in 28 weak RRB in the first phase.00 63. Jammu & Kashmir. DownloadPDF.75 0.3: Funds Utilisation . was ` 38.reportjunction.31 97.75 RRB D 1.86 100. respectively. (Andhra Ten districts. viii. ` 9.115.11 S 2. The project submitted by Pension Fund Regulatory and Development Authority (PFRDA) and Dept.06 D: Disbursed 29 ISIEmergingMarketsPDF in-spjainmr from 115.70 0. RRB and Cooperatives has been enhanced to 60. ix. (Odisha)].43 An amount of ` 19 crore under FIF and ` 101. Latehar. (ii) project for promoting finger print interoperability to IIT.00 28. Hilly Regions and those in the 256 excluded and 10 disturbed districts. As hardship areas need special attention. respectively under FIF and FITF during 2010-11.10 crore under FITF were sanctioned towards Financial Inclusion during the year. Chhattisgarh. of Financial Services on 'Swavalamban Scheme' under New Pension System (NPS) was accorded “in-principle” approval.48 S Others D 6. Sikkim and Uttarakhand.10 120.21 22. East and [Khammam Deogarh. Fifty per cent of the sanctioned amount will be released in advance to meet the start-up expenses and to hasten the pace of implementation.41 crore for 55 projects under FITF. support from FITF will be to the extent of 40 per cent of the total B.107 at 2013-09-02 17:18:09 EDT. West Singhbum (Jharkhand). considered disturbed but do not figure in the list of 256 critically excluded districts are to be given the same priority as the 256 critically excluded districts.72 2. Sambalpur Pradesh).22 0.87 D 0..15 2. Singhbum. it has been decided to extend financial support to all the banks from FIF & FITF at 100 per cent the project outlay for eligible activities in the North Eastern Region. respectively.3).00 16. of the project outlay.32 0. . Fund Utilisation 2. Gajapati. vi. Unauthorized Distribution Prohibited. Support to Lead Banks to establish Financial Literacy and Credit Counselling Centres (FLCC) is extended.net v.com www. was introduced for RRB and Cooperatives. Table 2. This was also extended to CB in the North Eastern Region.66 crore for 150 projects under FIF and ` 122.21 54.79 Cooperative Banks S 0. Himachal Pradesh. Andaman & Nicobar Islands.21 crore and ` 54 crore were disbursed under the funds (Table 2.00 50.115.09 0.27 53.176. The existing quantum of support to CB. Rayagada are viz. replacing the present approach of Viability Gap Funding.24 1.52 52. at rates approved by the Advisory Board. As against the targets of ` 22 crore and ` 28 crore to be disbursed. The following major proposals were sanctioned during the year under FIF and FITF: (i) project on Micro-Pension Model among SHG members and the Rural Poor. which cost. A simplified procedure linking the support (under FITF) to cost of Smart Cards or Point of Sale (POS) devices.107 on 2013-09-02 17:18:09 EDT. Downloaded by in-spjainmr from 115. Kanpur and (iii) installation of 25 ATM by Langpi Dehangi Rural Bank. with the balance to be met by the sponsor banks and the RRB in the ratio of 50:10. RRB will be extended support for Information and Communications Technology (ICT) solutions in all villages having population of above 2. Malkangiri. The cumulative sanction as on 31 March 2011.10 D 9.

com www.107 on 2013-09-02 17:18:09 EDT.453.198. The Annual Work Plan for 2011 (1 January to 31 December 2011) for NABARD is of the order of ` 228.679.581) Amount 12. . No. Micro-Finance 2. Madhya Pradesh.586 (2. training and capacity building of stake holders.394) 69.653) 42. as against ` 20. minorities and the displaced.4. ISI Emerging Markets.45 NABARD is instrumental in facilitating various activities under micro-finance sector at the ground level.4: Progress of the Micro-Finance Programme (As on 31 March) (` crore) Sl. as a percentage to loans Table 2. A.93.338 (9.62 (1.176.115.292.09.253. respectively.67.55 lakh. Bihar.887) 61. bankers. especially the SC and ST. NABARD-UNDP Collaboration for Financial Inclusion 2.038. capital and soft loan assistance to MFI. etc.reportjunction. as several MFI availed loans from more than one bank # : Figures in parentheses indicate the assistance of SIDBI to MFI 30 ISIEmergingMarketsPDF in-spjainmr from 115.403) 48. Rajasthan and Uttar Pradesh.43 crore for CS/ RFA to MFI.545.05.00) 28. involving all partners.015. documentation. ` 173.198. of which ` 29. Odisha.7 crore poor households under the micro-finance bank programme.49 crore and ` 60.33 2010# Number Amount 779 10728. Jharkhand. Unauthorized Distribution Prohibited.251. studies.49 [88] [2665.822 (2.46 As on 31 March 2010. This is done through training and capacity building of partners.39) Self-Help Groups 2010 Number 15. equity/Capital Support (CS) to MFI to supplement their financial resources and 100 per cent refinance against bank loans for micro-finance activities. other formal and informal entities and even government functionaries.356 (12.24.53. 69.51.8 per cent in the previous year. improved marginally to 16. socially spirited individuals.20] – – 2 1915 5009. viz.64.115.45. DownloadPDF.28 (6.51 lakh credit-linked SHG covering 9. ` 47.73) 5.107 at 2013-09-02 17:18:09 EDT.08) 6. 2.910) Amount 14. NGO..74 [146] [3808.22) 22.861. there were more than outstanding to weaker sections by scheduled commercial banks.22 lakh had been utilised during 2010-11 for activities conducted by NABARD in seven focus states. As on 31 March 2010.www.176.21.147 (15. Particulars 2009 Number 1 Loans disbursed during the year Loans Outstanding 16.76.71 (1.62) Micro-Finance Institutions (MFI)* 2009 Number 581 Amount 3732.30 (2.86.51 (2.47 The Micro-finance Development and Equity Fund (MFDEF) is being utilised for promotion of various micro-finance activities such as formation and linkage of SHG through SHPI.38 crore was released.3 per cent from 15.42 crore. Revolving Fund 2. The progress of the microfinance programme is given in Table 2. During 2010-11.44 UNDP-NABARD Financial Inclusion Fund has been established in NABARD to provide better access to financial products and services for reducing risks and enhancing livelihood for the poor. Micro-finance Equity Fund Development and Assistance (RFA) to Microfinance Institutions (MFI).75] 1659 13955. the share of loans outstanding to SHG.563. Downloaded by in-spjainmr from 115.84 (5.250 (16. livelihood propagation.95 crore was grant support for promotional activities and ` 17.09 3 Savings Accounts with Banks – – Figures in parentheses indicate the share of SHG covered under SGSY * : Actual Number of MFI provided with bank loans would be lower. Chhattisgarh.sansco. Under the collaboration. promotional grant assistance to Self Help Promoting Institutions (SHPI).net C.53 lakh savings-linked Self Help Group (SHG) and more than 48. in the previous year.

84 82. E.51 The RFA is provided to MFI.38 73.107 on 2013-09-02 17:18:09 EDT. rating support of ` 17. D.18 crore was sanctioned to 20 agencies. of which 14.08 crore during the year. micro-finance creation sector. 108 120 2847 807 71 3953 Amount 793. in association with participating banks and implementing NGO. entailing an expenditure of ` 10.52 NABARD continued to support the Rajiv Gandhi Mahila Vikas Pariyojana (RGMVP). as against ` 9.81 lakh groups (Table 2.86 crore was sanctioned to various agencies for promoting and credit linking 81.97 5106. trainers.53 crore was sanctioned to nine agencies. Panchayat Raj Institution (PRI) representatives.49 In up-scaling NABARD order to support Building fine to tune the of the Partner strategies for and sanctioned was ` 99. In addition. 6 3 223 47 3 282 Amount 112. Capacity Agencies 2.40 crore for 41 agencies. bankers. DownloadPDF. RFA amounting to ` 15.66 lakh was provided to 14 agencies as against ` 15. for promotion.31 445. grant assistance of ` 37.176.net B.44 12626. During the year.38 14622.03 12.68 80.33 crore for 48 agencies. a special initiative of the Rajiv Gandhi Charitable Trust (RGCT).176.22 193. RRB. an amount of ` 51.890 groups.www. . During the year.sansco.01 lakh SHG.115. New SHPI were identified even while continuing support to existing ones.60 lakh.62 43. During the year. M-CRIL.30 SHG formed 47203 55548 268791 17321 12208 401071 SHG linked 31454 36610 175080 9642 6749 259535 31 ISIEmergingMarketsPDF in-spjainmr from 115. During the year. CARE and Planet Finance).00 3601. ICRA.571 SHG have been promoted. (ii) Capital Support and Revolving Fund Assistance to MFI 2. Rajiv Gandhi Mahila Vikas Pariyojana 2. DCCB. Special Region (i) Initiatives in Backward conducted awareness sensitisation programmes and arranged exposure visits for SHG members. of SHG 66955 49335 414338 7628 42923 581179 Cumulative Progress Amount released 287.5: Grant Assistance Extended to various Partners in SHG-Bank Linkage Programme (As on 31 March 2011) (` lakh) Sanctions during the year Agency DCCB RRB NGO FC IRV Total No. on a selective basis. Support to Partner Agencies 2.05 4471. Downloaded by in-spjainmr from 115.50 NABARD continued to provide grant assistance to CB and RRB for getting the MFI rated by accredited Table 2. ISI Emerging Markets. NGO.06 crore was released resulting in formation of 4.95 16. taking the cumulative support to ` 27. FC and Individual Rural Volunteers (IRV) for promoting and nurturing quality SHG.93 crore in the previous year.5). rating agencies (CRISIL. NABARD officials.40 No. for on-lending to the unreached poor.83 lakh to 13 agencies during the previous year.979 have been credit linked. Government Officials and micro-entrepreneurs. credit linkage and federating of SHG in select districts of UP . The Number of SHG credit linked during the year was 2. throughout the year.43 728. taking the cumulative assistance sanctioned to ` 146.reportjunction. Support to Micro-Finance Institutions (i) Support to banks and MFI for rating 2.115.92 3786.com www. 25. the cumulative RFA C. CS of ` 2.107 at 2013-09-02 17:18:09 EDT. Unauthorized Distribution Prohibited. 951 Cluster Level Federations and 26 Block Level Federations have been formed. As on 31 March 2011. As on 31 March 2011.52 No of SHG 7850 1350 69165 1085 2440 81890 Cumulative Sanctions No.48 NABARD continued to extend grant support to NGO.22 crore for 5.

107 at 2013-09-02 17:18:09 EDT. The project is being implemented by the Government of Tripura through the 'Dalbandhus' also (Box 2.200 SHG.sansco. as a project partner under TSSPS. They are engaged by Block Panchayats in consultation with (TSSPS) and (DRDA) under the Tripura State Support Project on SHG Swarnjayanti (SGSY) to form and nurture SHG. working for the betterment of the standard of District Rural Development Agency Gram Swarozgar Yojana living of the poor.588 SHG have been promoted. respectively.045 JLG. Box 2.com www. State Specific Support in North East Region 2. 1. .138 members by on members of matured SHG. ` 50 for formation of new SHG and ` 50 for first time credit linkage and ` 100 for repayment of first loan by SHG.656 participants. Cumulatively.107 on 2013-09-02 17:18:09 EDT. They are socially motivated community resource persons. As on 31 March 2011.73 million.176.29 crore for 1. Bahraich.145.73 million is jointly funded by the International Fund for Agriculture Development (IFAD) and the GoI to the extent of US $ 30 million and US $ 2.115.08. The eight-year programme.70 crore to 85. F. amount of ` 33.08. NABARD. has undertaken the task of Capacity Building of Dalbandhus. Shravasti and Rae Bareily) of Uttar Pradesh and two districts (Madhubani and Sitamarhi) of Bihar. A dalbandhu is expected to form and nurture maximum 50 SHG in three years.766 JLG taking the cumulative loan disbursed to ` 1. with a project outlay of US $ 32. which includes groups promoted by Dalbandhus. 4.6).300 per month plus ` 500 towards TA/DA. An amount of ` 24. Unauthorized Distribution Prohibited.49 lakh has been released so far. It covers four districts (Sultanpur.452 lakh to the Trust up to 31 March 2011. capability support and marketing linkages among groups. operational inputs. (i) Scaling-up of Micro-Finance Programme: Special Initiatives Financing of Joint Liability Groups 2. Under the TSSPS. An amount of Further.66 lakh was also sanctioned to the Essomi Foundation Trust for setting-up a Resource Centre at Itanagar for providing policy.41.55 NABARD had launched the Micro-Enterprise Development Programme (MEDP) during 2005-06 for skill upgradation and development of sustainable livelihoods/venturing MEDP were into for micro-enterprises 37. an ` 9.176. (ii) Micro-Enterprise Development Programme 2.54 Exposure visits for Joint Liability Groups (JLG) for senior officers of the Bank were arranged during the year. in the districts of Alappuzha (Kerala).56 NABARD continued to support the project sanctioned to the Government of Arunachal Pradesh for implementing 'Micro-Finance Vision 2011'.25 lakh JLG across the country till 31 March 2011.606 conducted various location-specific farm. At present there are 275 dalbandhus covering four districts of Tripura State. Empowerment and Livelihood in Mid-Gangetic Plains' called "Priyadarshini" envisages holistic empowerment of 1. capacity building.reportjunction. dalbandhus are provided incentives of ` 10 per SHG per month for a period of first 24 months for maintenance of books of accounts. Tiruvannamalai (Tamilnadu) and Mysore (Karnataka). banks disbursed a loan of ` 659. non-farm and service sector activities. NABARD has released ` 5. 34. During the year. Vellore.6 Dalbandhus of Tripura Dalbandhus are the backbone of the SHG movement in Tripura. DownloadPDF. The tasks handled by dalbandhus include formation of SHG. NABARD also provided technical support to Tripura State Support Project on SHG.74 crore was sanctioned as grant for promotion of 1.15 lakh. During the year.115.53 The Programme for 'Rural Women G. maintenance of books of accounts. the process of engagement of Resource NGO and Field NGO and establishment of Programme Implementing Units was completed. During the year. The project involves promoting and credit linking of 1650 SHG at a cost of ` 39. ISI Emerging Markets. Downloaded by in-spjainmr from 115.449 MEDP had been conducted for 1. 32 ISIEmergingMarketsPDF in-spjainmr from 115.www. grading of SHG and maintenance of SHG data. They are provided a fixed remuneration of ` 1.000 poor women and adolescent girls through formation of 7.net (ii) Priyadarshini Project 2.

RFA of ` 5 lakh for on-lending to 50 SHG in East Khasi Hills was sanctioned to India Post.64 crore through 31 BC.115. Pilot Projects 2. to further the promotion of Micro-finance Sector. with Remittances and Payments System being an additional component. The German Government had committed • 5 million to this new component. The cumulative number of loanee SHG was 2. Linkage very deliverables for the and important institutional The I.01 crore. disbursements extent ` 1. during 2007.107 on 2013-09-02 17:18:09 EDT. with other shareholders being. with loans amounting to ` 3. Government of Karnataka.59 NABARD in association with GIZ conducted a study on 'Remittance Needs in India'.176. taking the total share capital to ` 16. as at end March 2011. DownloadPDF. 2. Uttar Pradesh-Mumbai Corridor. subject to the positive outcome of a joint appraisal for identifying the concept. The Report of the Joint Appraisal is to be presented to GoI and RBI. NABFINS follows a client friendly and low cost model and the lending rate of SHG has been kept at an annual rate of 12 per cent on reducing balance method. Women members of SHG of Meghalaya engaged in candle making 33 ISIEmergingMarketsPDF in-spjainmr from 115. Further.60 Karnataka Agriculture Development Finance Company Ltd. of which 1. (ii) NABARD Financial Services Ltd.www.. SHG-Post Office Programme results in of SHG-Post Nadu Office 2.219 SHG have been credit linked by Post Offices.57 In order to assess the suitability of various innovative initiatives and also enhance the sustainability of MF activities. All the processes. Downloaded by in-spjainmr from 115.Remittances 2. J. encouraging.50 crore were made to MFI and Federations. The project utilises the vast network of Post Offices in rural areas for disbursement of credit to the rural poor. grading of groups. NABARD has sanctioned an additional ` 200 lakh RFA to India Post for onward lending to SHG. Maharashtra Intra-state Corridor and Rajasthan-Gujarat Corridor.70 crore. During 2010-11. it mobilised share capital to the extent of ` 9. on an agency basis. The team also studied the payment system in West Bengal.sansco. viz. taking the aggregate disbursements during the year to ` 52. acceptance of loan applications. viz. Federal Bank and Dhanalakshmi Bank. disbursements. (KADFC) was restructured into an MFI. A total of 2. NABARD Financial Services Ltd. collection of repayments are done at the doorsteps of the SHG.107 at 2013-09-02 17:18:09 EDT. which confirmed the magnitude and significance of the remittance issue and identified important points for the way forward. NABARD continued to extend support for various pilot projects. (NABFINS). During 2010-11. (i) Other Developments NABARD GIZ Study . Canara Bank. addition. Direct lending to SHG was started in January In 2010.36 crore. Tamil have been appraisal was launched in Odisha-Andhra Pradesh Corridor.58 The Programme arrangements envisaged component. NABARD entered into an agreement on joint technical cooperation within the framework of the ongoing Rural Financial Institutions Programme (RFIP).com www.819 SHG have opened zero interest savings accounts. NABFINS started its lending operations in November 2009.176.115. The major stakeholder is NABARD.044.14 crore. The project is also being implemented in Meghalaya.net H. Unauthorized Distribution Prohibited.. ISI Emerging Markets. to 2019 the groups of disbursed an amount of ` 50. as on 31 March 2011.reportjunction. .

projects in monitoring various A. of which. the wholly owned subsidiary of NABARD. service Ltd. Patna. GoI. The CMR brought out two issues of its half-yearly journal 'The Micro-finance Review' during the year. ` 0. The company has emerged as a major partner of NER States in third party monitoring of infrastructure projects and preparation of Detailed Project Reports (DPR) for various development initiatives of State Governments. The sub-centres of CMR in Guwahati.18 lakh was released by NABARD during the year to CMR.13 crore and ` 16. cooperative institutions. Nabcons also conducted an evaluation study of the scheme "Monitoring of Pesticide Residue at National Level" for MoA. Downloaded by in-spjainmr from 115.115. in contracting and executing assignments of ` 40 crore and ` 30 crore.76 crore as interest on investments.115. It prepared DPR for two clusters under New Land Use Policy (NLUP) in Mizoram.. Chennai and Jaipur undertook (iv) APRACA Centre of Excellence 2.107 on 2013-09-02 17:18:09 EDT. The company also submitted MPLADS reports of 55 districts to the Ministry of Statistics and Programme Implementation (MoSPI). taking the cumulative assistance to ` 347. prepared a training manual on SHG-Bank Linkage Programme (SBLP). Grant assistance of ` 153.65 crore during the previous year and net Profit after Tax was ` 5. B. corporates. The company has targeted to achieve a business of ` 100 crore in the next three years. for use in the training programmes of APRACA membercountries. Unauthorized Distribution Prohibited. Nabcons achieved ` 24. During 2010-11. Nabcons has significantlly diversified its business.com www.65 crore. .65 During the current year. Financial Achievements 2. NGO.www. six research studies were completed and four reports published/uploaded on BIRD's website for the benefit of all stakeholders. ISI Emerging Markets. a proposal for Pilot-testing of SHG-Bank Linkage in Cambodia was prepared and submitted to APRACA. Business Highlights 2. Accordingly.64 As against the target of contracting and executing assignments of ` 25 crore and ` 20 crore. for bringing out policy initiatives that would improve the design and delivery of various micro-finance products.reportjunction. DownloadPDF.176. The Profit before Tax was ` 8. viz. development of web based MIS for various of State Government infrastructure Programmes.74 crore as against ` 6.net (iii) Centre for Micro-finance Research 2.sansco. respectively. GoI. NABARD Consultancy Services 2. CB. 34 ISIEmergingMarketsPDF in-spjainmr from 115.36 lakh. established by NABARD in BIRD in 2008 and four sub-centres in Guwahati.81 crore as professional fees on assignments executed.61 The Centre for Micro-finance Research (CMR) research on 27 prioritised themes. It entered into new areas of business. respectively. professional consultancy agriculture. the company earned ` 14.72 crore as commission from mutual fund distribution and ` 1.33 crore during the previous year. allied activities and rural development to GoI. respectively for the year 2011-12.62 The APRACA Centre of Excellence (ACE) in Linkage Banking set up in CMR as a leading centre of knowledge in Linkage Banking.63 NABARD provides Consultancy Services Pvt. Patna.80 crore as against ` 4. Chennai & Jaipur continued to conduct research on various themes of micro-finance across the country. during 2010-11.176. (Nabcons). the company has fixed a business target of different states adjoining the international borders of the country under the Border Area Development Programme (BADP). international organisations and other clients.107 at 2013-09-02 17:18:09 EDT. During the year. State Governments.

The organised retail is poised to grow faster and reach ` 53.80 crore). training and upgrading skills of personnel of client institutions and disseminating research findings. were found to be more ii.69 The study on "Opportunities and Constraints of Organic Agriculture in North-East Hilly Region of India" brought out that although turmeric. training/ summer placement (` 15.15 crore). through production. which are more susceptible to diseases and insect-pests under inclement weather conditions.A Case Study of Punjab" upholds the rural non-farm sector as the engine of growth and rural poverty amelioration. Utilisation 2. water partnership. 2. The value of catch was much higher for the motorised crafts as compared to the traditional crafts.72 The Study on "Organised Agri-food Retailing and Supply Chain Management" brought out several findings with policy implications.09 crore were sanctioned.14 crore) and other activities (` 0. .91%) out of about 11. ginger. provides grant support to select agencies for promoting applied research through projects/studies. conferences. occasional papers (` 0.7). B. and is likely to have a lower share (12%) by 2020. agri-business and food processing. a need to develop the organic production technology for vegetable crops. important in comparison to push factors. research institutes and other agencies for organising 131 seminars. symposia and workshops covering subjects/ areas related to agriculture and rural development. stood at ` 136. The study has identified some of the major impediments. pineapple. future strategies for sericulture. The corpus of the Fund has been pegged at ` 50 crore since 2004-05. with agricultural development playing a catalytic role in the growth of non-farm activities in the rural areas. other vegetable crops with higher market surplus and lower production and marketing risks could also be covered under organic farming.27 crore was sanctioned to various universities. women empowerment through SHG. etc. reflecting the contribution of technology. NABARD Chair Professor Scheme (` 0. 2.176.67 During the year.115. Further.66 The Research and Development (R&D) Fund. six projects/studies sanctioned earlier were completed during the year.115. Research Projects/Studies 2. Agri-retailing is around 18 per cent of the organised retail as of now. There is a potential for motorisation in Andhra Pradesh.com www. Downloaded by in-spjainmr from 115. veterinary parasitology.sansco.reportjunction. with the expenditure incurred being replenished every year through appropriation of profits. 2.70 The study on "Employment Diversification in an Agriculturally Developed Region of India . measurement of productivity and efficiency. Seminars. Sanctions under the Fund i. grant assistance of ` 1. ` 17.www.A Study of Bank Sponsored Units in Andhra Pradesh" gave insight into the role of technology in ameliorating poverty while evaluating the scheme. 2.19 crore. cashew and oranges have been identified as potential crops to be grown organically. Unauthorized Distribution Prohibited.176.80 crore). however. green technology in dairy and food processing. as hardly 925 (7. The grant support extended to the organisers enabled them to document the 35 ISIEmergingMarketsPDF in-spjainmr from 115.71 The study on "Motorisation of Traditional Crafts and its Economic Impact . Conferences and Workshops 2. plant physiology. ten research projects involving a grant assistance of ` 1. food security. The cumulative disbursement since inception. Pull factors. ISI Emerging Markets. DownloadPDF.107 on 2013-09-02 17:18:09 EDT. seminars (` 0. financial derivatives with thrust on agri-commodity futures.68 During 2010-11. set up in NABARD in 1982-83.02 crore). The motorisation scheme has pulled most of the beneficiary households above poverty line. for the growth of organised retail (Box 2. poverty alleviation. thus. A. including agricultural marketing.68 crore was utilised from the fund for supporting activities like research projects/ studies (` 0.net Research and Development Activities 2. plant diversity. There is.000 billion by 2020.107 at 2013-09-02 17:18:09 EDT. especially structural.700 crafts have been motorised under the motorisation scheme from 2003-04 to 2007-08.73 During the year. market and input linkages.77 crore). physiological and molecular approaches.

Prof. Training: Initiate special schemes to prepare intermediaries in the agri-value chain farmers and • • Farmer Linkage • • Recommendations for the Government Implement reforms in agricultural proposed in the Model Act. New Delhi. commencing from 01 January 2011. The major findings of the study and recommendations are given below: Organised food retailing: Size and growth • In 2008-09. Thus. facilitate its growth through lower transaction costs. a total of 56 OP were published since its inception in 1994-95.107 on 2013-09-02 17:18:09 EDT.176.www.sansco. Facilitate partnerships between clusters. 36 ISIEmergingMarketsPDF in-spjainmr from 115. retailers and consumers.g. Institute Management. Indirect role A.75 The NABARD Chair Unit Scheme was revived during the year with the approval of the Board. Occasional Papers 2. Bhubhaneswar were appointed as NABARD Chair Professors for a period of three years. Support to consolidator: Help develop credit products to finance consolidators. B.reportjunction. . five OP on 'Kisan Credit Card'. long term finance for creation of storage and transport infrastructure and short-term working capital loans to the consolidators B. Organised retail sector has direct employment potential of about 1. facilitating wider dissemination of the recommendations/ action points and initiate suitable policy interventions by concerned agencies. which could result in direct benefit to farmers.000 billion and ` 620 billion (12 % of the former) by 2020. affiliated Karaikkudi to Xavier and Prof.115. Retailing and organised food retailing are expected to grow @11% & touch ` 53. DownloadPDF. Impediments to growth are non-profitability of organised food retailing. to both organised and • Opportunity For NABARD: Direct role Promote farmers’ clusters. A. Bankers perceive moderate-yet-manageable risk. three professors viz. No established template for measuring and evaluating risks in an organised retailer. iv. 'Infrastructure for Agriculture and Rural Development'. Downloaded by in-spjainmr from 115. Hence. 'Economics of Sugarcane Production and Processing'. a study on organised agri-food retail in the country during 2009-10.88 lakh persons. Lending to organised retailers is largely based on promoter’s credentials. Barah affiliated to Indian Agricultural Research Institute (IARI). 50 to 53 per cent of the employment is for people with skill that can be imparted with a short and focussed intervention. Direct procurement from farmers beneficial for all stakeholders – farmers. iii. candidates with proven track record are selected in the present scheme. Indirect employment in the supply chain is additional. Accordingly. e.107 at 2013-09-02 17:18:09 EDT. Unauthorized Distribution Prohibited. Unlike the earlier scheme where institutions were identified first.net Box 2. proceedings and publish background papers. of Amar Nayak. thus. Refinance rural infrastructure and Village level structures.115. low consumer preference for organised retailers. During the year. affiliated to Alagappa University.C. Further. 'Micro-finance for Micro-enterprises' and 'Promoting RNFS under multi-stakeholder environmentDRIP' were published. encouraging direct linkage with producers and providing level playing field.74 NABARD continued its endeavour of publishing Occasional Papers (OP) to generate and disseminate information on policy issues related to agricultural and rural development. Recommend priority lending status to lending to the organised retailers to the extent directly procured from farmers. Very few retailers are engaged with farmers directly due to ‘high involvement and relatively low margins’ and lack of scale • Bankers’ Perception & Practice • • • Quantum of lending unorganised retail is low. Narayanamoorthy.com www. organised retailers and banks. Facilitate training and awareness among producers.176.7 Findings of the Study on Organised Agri-food Retailing and Supply Chain Management NABARD sponsored from its R&D Fund. marketing as Lending to unorganised is only against collateral. ISI Emerging Markets. agri-food retailing ( `150 billion) was 18% of organised retailing ( ` 855 billion) accounting for 5% of total retail. NABARD Chair Professor Scheme 2. Prof.

www. Summer Placement Scheme 2. products and services. During the year.115. Training and Sensitisation Programmes 2. An expenditure of ` 0. the Regional Training Centres at Bolpur and Mangalore and BIRD. Departments involved in rural development. A programme on credit aspects of rural development was conducted for the officials of KVK/ vi. Lucknow. Table 2. implemented selected from reputed agriculture and management institutes. 2. Bengaluru. Downloaded by in-spjainmr from 115. 576 training programmes were conducted by the TE for 14. Lucknow.80 BIRD conducted a special on-location programme on Credit Planning and Development Finance for IAS probationers undergoing Phase I course. in the days to come. during the year.6). This is going to be an essential qualification for a career in rural banking. .com www. During the year.115.78 NABARD continued to provide financial and other support to training institutions like Bankers Institute of Rural Development (BIRD). 70 students were assigned such projects and project reports were received. It also supplements the efforts of other training institutions by providing technical support. Unauthorized Distribution Prohibited. A Post-Graduate Diploma in Rural Banking (PGDRB) course was also started in order to build a competent cadre of professionals in the field of rural banking. DownloadPDF. to be associated with various projects/studies taken up by NABARD in agriculture and rural sectors. the strategy for upscaling the activities of Centre for Professional Excellence in Co-operatives (C-PEC).reportjunction.sansco.. viz. an amount of ` 15. A Certificate course for BC/ BF was launched in collaboration with Bank of Baroda 2.net v.107 on 2013-09-02 17:18:09 EDT. and Indian Institute of Bank Management (IIBM).107 at 2013-09-02 17:18:09 EDT. Manpower Development & Management Institute (MDMI). National Institute of Rural Banking (NIRB). Guwahati. development of reading material in local languages and other relevant issues. Bolpur Total 257 91 86 434 Programmes Conducted 2009-10 261 93 113 467 2010-11 377 106 93 576 2008-09 6616 2065 2268 10949 Personnel Trained 2009-10 6139 2474 2894 11507 2010-11 9645 2649 2373 14667 37 ISIEmergingMarketsPDF in-spjainmr from 115. Training Activities 2. Mangalore RTC. ISI Emerging Markets. Other Developments 2.82 Two studies.176.76 The Summer Placement Scheme is being since 2005-06 to enable students viz. Lucknow to deliberate on the emerging training needs of co-operatives.176. Regional Training Colleges (RTC) at Mangalore and Bolpur. at the Lal Bahadur Shastri National Academy of Administration (LBSNAA) Mussorie and an in-house programme on financial system and development finance for probationers of the Indian Economic Service (IES). E. Lucknow RTC.81 The first All-India Conference of Principals and various R&D activities.58 crore was utilised from the Fund during the year for capacity building of the staff of RFI. which could be introduced for the benefit of its constituents. Training of Personnel of RFI 2. Shillong. The students are assigned tasks/projects of relevance to the Bank for generating new ideas. C..19 crore was incurred under this Scheme.6: Training of RFI Personnel (Number) Institute 2008-09 BIRD.667 participants (Table 2.79 NABARD provides advanced training to the RFI personnel through its three Training Establishments (TE). 'Comparative study of performance of Krishna Bhima Samruddhi Local Area D.77 Apart from extending grant assistance for Govt. Directors of Co-operative Training Institutes (CTI) was held at BIRD.

continued its efforts to make the training system of the Co-operative Credit Structure professional.107 at 2013-09-02 17:18:09 EDT. 2. for the trainers of CTI during the year. Kerala. Downloaded by in-spjainmr from 115. for linking their activities with C-PEC. and Rating of MFI. An Orientation Programme on Official Language for senior officers of NABARD was organised by the College. 2. Unauthorized Distribution Prohibited. During the year 2010-11. Awareness programme on PostWatershed approaches for Bankers. In view of the need for trained officers in co-operatives in the postrevival package era. viz.107 on 2013-09-02 17:18:09 EDT. to these institutions for conducting 451 programmes.reportjunction.176.84 During the year.115.176. besides an exclusive programme for West Bengal Minority Development and Finance Corporation. . The ACSTI. During the year. Orientation programme for senior officers and branch managers of co-operative banks. A Training Need Assessment study in West Bengal State Co-operative Bank was completed. obtained Accreditation from C-PEC. During the year. 12 ACSTI and 3 ITI to enable them to improve their training system. Bengaluru for conducting 21 programmes for 220 participants. The College also conducted an on-location induction training programme for the probationary officers of South Indian Bank. 2. covering 9121 participants during 2010-11. 27 Co-operative (ACSTI). An amount of ` 5. as against ` 3. Visva Bharati University and five training programmes were conducted during the year. Sri Lanka. out of the Co-operative Development Fund (CDF).87 During the year. which of included eight Agriculture Co-operative Staff Training Institutes five Regional Institutes Co-operative Management (RICM) and 14 Institutes of Co-operative Management (ICM) under the ambit of the National Council for Co-operative Training (NCCT)..86 NABARD has been extending funding support under the Scheme of Financial Assistance for Training of Co-operative Banks Personnel (SOFTCOB) to Junior Level Training Centres (JLTC) of SCARDB. in collaboration with Women Study Centre.95 crore was disbursed out of CDF. 2. 29 Co-operative Training Institutes. The College also directed its efforts towards women empowerment. JLTC and ITI are now eligible for additional assistance from NABARD under the revised scheme. after which the first SBPC was launched at APCOB-CTI.www. The scheme was revised during the year and extended up to 31 March 2013. the college prioritised capacity building of senior officers and branch managers of co-operative banks of select states and conducted 38 programmes during the year through a dedicated channel. 38 ISIEmergingMarketsPDF in-spjainmr from 115.85 The C-PEC. In addition.com www.05 crore to NIRB.088 participants during 2009-10. Further. set up at BIRD. ISI Emerging Markets. 5 SCB and 7 DCCB and 8 PACS were enrolled as Institutional Members of C-PEC. Hyderabad. NABARD released grant assistance of ` 0. the college also conducted new programmes. to deliberate upon the operational problems/ issues in implementation of the recommendations of the revival package and the Working Group on Human Resources in Co-operative banks.90 crore for 1019 programmes and 12. RTC Bolpur conducted 15 Orientation Training Programmes for Branch Managers of SCB and DCCB and a new programme on MicroFinance. Lucknow during the year 2008-09 in collaboration with GTZ (now GIZ).sansco. Trainers Training Programme on Financial Inclusion.83 RTC. Training Institutions. the bank provided technical and financial support to 7 JLTC. Andhra Pradesh and Tamil Nadu. Programme on Financial Inclusion. The College also organised a Workshop for CEO and Senior Executives of SCB and DCCB of Karnataka. Mangalore organised an International Exposure Programme on Micro-Finance for a batch of 14 officers from SANASA Development Bank. 2. The Centre also launched the first course of Certified Trainer in Financial Co-operatives (CTFC) during the year for 36 Trainers of CTI.115. DownloadPDF. the College adopted Sambalpur DCCB in Odisha for providing comprehensive solutions to the DCCB staff.net Bank and Andhra Pradesh Grameena Vikas Bank' and 'CBS implementation in Saurashtra Gramin Bank' were undertaken. Exposure Programme for Financing of JLG. BIRD conducted a Training of Trainers programme on Standardised Banking Programme for Co-operatives (SBPC). ACSTI of SCB and Integrated Training Institutes (ITI). Programme on Treasury Opportunities and Investment Management for General Managers and Senior officers of RRB.

Scheduled Primary Urban Co-operative Banks (PUCB) and Agriculture Development Finance Companies (ADFC) to supplement their financial resources for enhancing credit flow to agriculture and rural sectors.176. Support for Seasonal Agricultural Operations NE/Hilly Region/ A & N Islands 3. Hilly Region: Jammu and Kashmir.4 The refinance assistance to co-operative banks for ST-SAO was linked to Net NPA and level of Table 3.107 at 2013-09-02 17:18:09 EDT.483 crore. Sikkim. Short-Term Refinance 3. registered an average annual growth rate of 22. ISI Emerging Markets. commercial banks. Banks (RRB). registering a growth of 5. Himachal Pradesh.115. Odisha. Nagaland and Tripura.27 per cent respectively (Table 3.73 per cent and 28. (b) providing loans to State Governments for their Rural Infrastructure Projects under the Rural Infrastructure Development Fund (RIDF) and (c) co-financing viable projects with commercial banks. Production Credit A.sansco.reportjunction. *: Realistic Lending Programme Figures in the parentheses refer to percentage share 39 ISIEmergingMarketsPDF in-spjainmr from 115.176.31) 34196 (99. West Bengal. This chapter details the business operations and achievements of the Bank during the year. RRB. Assam.47) 50 55 40 45 45 50 40 45 40 45 35 40 Arunachal Pradesh.www.1: Short Term Refinance (Production Credit) for the Last Five Years (` crore) Year 2006-07 2007-08 2008-09 2009-10 2010-11 Credit Limits sanctioned 16089 18291 19627 25661 34375 SAO Average Outstanding 10480 14433 15951 17577 27247 Maximum outstanding 14168 (88. Downloaded by in-spjainmr from 115. State Co-operative Banks i. SCB & Non-Banking Finance Companies (NBFC).107 on 2013-09-02 17:18:09 EDT. Mizoram. for the last five years.net III Business Operations The business operations of NABARD comprise 3. Manipur.70) 24715 (96. Table 3.2 The total financial support extended by (a) providing refinance support to State Co-operative Banks (SCB). . Regional Rural NABARD during 2010-11 stood at ` 60. DownloadPDF.1).3 The Short-Term Seasonal Agricultural Operations (ST-SAO) for refinance in terms of credit limits sanctioned and maximum outstanding. utilisation of the sanctioned credit limit during the previous year by the banks (Table 3. Jharkhand and Chhattisgarh. Meghalaya.40) 17212 (87.98 per cent over 2009-10 (Chart 3. Uttarakhand.1).2). Eastern Region: Bihar.com www.115.2: Sanction of ST(SAO) Credit Limits to SCB for the year 2010-11 Region/ States Net NPA level (%) > 15 ≤ 15 Eastern Region ≤ 10 > 10 Rest of India ≤ 10 > 10 NE: Per cent utilisation in 2009-10 < > < > < > < > < > < > 90 90 90 90 90 90 90 90 90 90 90 90 Normal limit as % of RLP* a. Unauthorized Distribution Prohibited.06) 16352 (89.

Relaxations in NPA norms as extended to the North Eastern regions in the case of ST-SAO were made applicable for weavers also. handloom weaver groups and master weavers was also linked to Net NPA level. Odisha and West Bengal) accounted for 12 per cent.696. Working capital requirements of weaver members of defunct weaver societies. Uttarakhand and Uttar Pradesh) accounted for 22. procurement requirements Corporations 3. ` 210.9 During 2010-11.5 During 2010-11. as against ` 177. The maximum outstanding was ` 23. of the aggregate credit limits sanctioned. Unauthorized Distribution Prohibited. Those SCB with Net NPA not exceeding 10 per cent. Puducherry and Tamil Nadu).115. Meghalaya.90 crore for the Oilseeds Production Programme (OPP). The credit limits included ` 2. were considered eligible for refinance. mutually aided co-operative societies. ST (weavers) credit limits aggregating ` 215. Karnataka. without accumulated losses. as on 31 March 2009..Labour Contract Co-operatives engaged in civil work in rural areas under the ST (others). 4.109 crore sanctioned to 20 SCB during 2009-10. western (Gujarat and Maharashtra) and central regions (Madhya Pradesh. societies outside the co-operative fold and producer group companies were also brought under the umbrella of refinance through RRB and Commercial 3. were considered eligible. The assessment norms hitherto followed. 14 and 16 per cent. 3. Short term credit was also available to SCB and commercial banks for financing working capital of for State Handloom Development and production. Himachal Pradesh.8 Refinance assistance for weavers credit limit (short term) to co-operative banks for working capital requirements of Primary/Apex/Regional Weavers was linked to Net NPA level.759 crore as against ` 18.reportjunction.176.107 on 2013-09-02 17:18:09 EDT.com www. for different purposes continued.607 Handloom Weavers’ Groups (HWG) were formed by banks in various States. Chhattisgarh.176. which was fully utilised. ST-SAO credit limits were norms extended to the North Eastern regions in the case of ST-SAO was made applicable for ST-Others also. DownloadPDF. Consolidated limits were sanctioned to SCB on behalf of the eligible DCCB. Odisha (1.net 3.97 crore for National Pulses Development Programme (NPDP) and ` 752. Punjab and Rajasthan) accounted for 36 per cent. Karnataka.249. Puducherry and Tamil Nadu). during the last three years.00 crore. Scheduled commercial banks having Net NPA of less than 3 per cent. respectively.76 crore for credit requirements of tribals under the Development of Tribal Population (DTP).74 per cent. Nagaland and Sikkim SCB were sanctioned credit limits aggregating ` 7. as on 31 March 2010. Support for Short Term (Others) banks.sansco. Support to Weavers 3. Downloaded by in-spjainmr from 115. The refinance assistance for weavers credit limit (short term) to commercial banks for working capital requirements of co-operative societies for production and marketing of handloom products. sanctioned to 21 SCB aggregating ` 23. SCB in the southern region (Andhra Pradesh. 40 ISIEmergingMarketsPDF in-spjainmr from 115.366).7 Refinance support is extended for Short-Term (ST) agriculture/ allied activities/ marketing of crops/ pisciculture / industrial co-operative societies (other than weavers)/ labour contract and forest labour co-operative societies (including collection of minor forest produce)/ rural artisans (including weaver members of PACS/ LAMPS/ FSS)/procurement and distribution of agricultural inputs and ST.32 crore during 2009-10.107 at 2013-09-02 17:18:09 EDT.6 SCB in the northern region (Haryana. The share of refinance availed by the co-operative banks in the North-Eastern Region (NER) continued to be low despite relaxations. Eastern region (Bihar. Relaxations in NPA marketing of handloom products. iii.115. viz. individual weavers. Kerala. Further. ii.72 crore during 2010-11. . ISI Emerging Markets.75 crore were sanctioned to four SCB (Andhra Pradesh.www. A consolidated ST (Others) limit was sanctioned to SCB on behalf of eligible DCCB. with a utilisation rate of 99.

31 crore for Oilseeds Production Programme (OPP). followed by Andhra (` Pradesh (` 1. The maximum utilisation was ` 598 crore (99%). The maximum outstanding during 2010-11 was ` 198.316 Kerala (` crore).176.107 at 2013-09-02 17:18:09 EDT. Nagaland and Tripura Hilly Region: Jammu and Kashmir. Assam Jharkhand Uttar (500). Manipur. West Bengal (88).www.174. Assam. accounted for the largest share of credit limit sanctioned. Of these. ` 201. ISI Emerging Markets. Mizoram and Nagaland utilised 100 per cent. Himachal Pradesh. NE: Arunachal Pradesh. 3. The aggregate limit for ST-OSAO sanctioned during 2010-11 was ` 600 crore. fisheries.0 per cent were eligible for refinance. West Bengal.832.13 crore sanctioned to 74 RRB in 2009-10. approved purposes like production and marketing activities of artisans (including handloom weavers).59 crore). Karnataka (` 800 crore). Refinance of ` 140. 1. RRB having Net NPA upto 5.72 crore.14 crore. b.20 of Tribal for Population Pulses (DTP) and 3. Downloaded by in-spjainmr from 115. as against ` 180.39 crore) and Rajasthan SCARDB (` 60. financing persons belonging to the weaker sections engaged in trade/business/service activities including distribution of inputs for agriculture and allied activities.773 crore under ST(SAO) for RRB.com www. crore National Development Programme (NPDP).107 on 2013-09-02 17:18:09 EDT.3. Jharkhand and Chhattisgarh *: Realistic Lending Programme Eastern Region were sanctioned credit limit of ` 37. and other States (43).03 crore.3: Sanction of ST(SAO) Credit Limits to RRB for the year 2010-11 Region/ States Net NPA level > 10 ≤ 10 ≤ 5 > 5 Per cent utilisation in 2009-10 NE/Hilly Region/ A & N Islands < 90 > 90 < 90 > 90 < 90 > 90 < 90 > 90 Rest of India ≤ 5 > 5 < 90 > 90 < 90 > 90 30 35 35 40 30 35 25 30 25 30 20 25 Normal limit as % of RLP* (272).12 During 2010-11. State Co-operative Agriculture and Rural Development Banks Eastern Region 3. (272).01 crore was extended to Kerala SCARDB (` 79. . limits of ` 9. Mizoram.sansco.5 per cent interest rate for lending to the ultimate borrowers at 7. Unauthorized Distribution Prohibited. Odisha. Regional Rural Banks 3. Madhya Pradesh (266).799. as against ` 542 crore in the previous year.69 crore were sanctioned to 80 RRB under ST-SAO as against ` 6. Eastern Region: Bihar.220).0 per cent.23 crore for Development ` 16. c. The details are given in Table 3.62 crore) at 4. forming 99 per cent of the limit sanctioned during 2010-11. DownloadPDF. The limit included ` 820. Five RRB in the North 41 ISIEmergingMarketsPDF in-spjainmr from 115.176.78 crore in the previous year. Sikkim.115.13 Consolidated limits were sanctioned to RRB for Short Term-Other than Seasonal Agriculture Operations (ST-OSAO) to the extent of 60 per cent of their Realistic Lending Programme (RLP) for eligible purposes like marketing of crops. Meghalaya. 904 Rajasthan crore) and 1.115.989 HWG have been credit linked. Meghalaya.net Andhra Karnataka Bihar (82) Pradesh (498). The maximum outstanding was ` 9. Uttarakhand.703. village/cottage/ tiny sector industries.10 The scheme of extending ST refinance to State Co-operative Agriculture and Rural Development Banks (SCARDB) for SAO was continued during the year.11 The quantum of refinance to RRB was linked to Net NPA and utilisation of the sanctioned credit limit during the previous year. (1. Uttar Pradesh with a limit of ` 1. Pradesh Table 3. of which RRB in Assam.reportjunction.

14 The continuance of the interest subvention scheme was announced in the Union Budget 2010-11.94 crore was disbursed to 77 co-operative sugar mills in Maharashtra and Odisha. This was to reward prompt payment by farmers. Interest Subvention to Farmers 3.0 per cent interest rate per annum. Other Initiatives a.4.16 The rates of interest on Short Term/ Medium Term (ST/MT) refinance to Co-operative Banks. ISI Emerging Markets.sansco. GoI Package for Sugar Industry 3. co-operative banks and RRB for deploying their own funds for crop loans upto ` 3 lakh per farmer.5 8. Interest subvention for 2010-11 has been estimated at ` 2. ` 169. Additional subvention of one per cent.0 per cent during 2010-11.115.5 per cent interest rates.Financing of Primary Weavers Cooperative Societies ST.107 at 2013-09-02 17:18:09 EDT.176. NABARD also acted as the nodal agency for routing the interest subvention to co-operative banks and RRB under "Scheme for Extending Financial Assistance to Sugar Undertakings .115. which in turn helped lending institutions by declogging their line of credit.reportjunction.0 8.000 crore. with a minimum of 6.0 per cent below the rate fixed for ultimate borrower.5 SAO SAO against pledge of securities ST (Others . Downloaded by in-spjainmr from 115.5 per cent per annum was available to public sector banks.5 8.15 NABARD continued to act as the nodal agency for the GoI package for restructuring of term loans of co-operative sugar mills. Unauthorized Distribution Prohibited.220. an amount of ` 1261. . DownloadPDF.0 6.0 per cent and 4.78 crore was provided by GoI to NABARD.59 crore received from GoI towards interest subvention.176. c.other than weavers) ST (Weavers . Out of ` 383. Aggregate interest subvention of ` 1. Suitable interest subvention was given to NABARD for providing concessional refinance to SCB and RRB at 4. co-operative banks and RRB for the year 2008-09. Interest Rates on Refinance Assistance 3. Purpose 1 2 3 4 5 6 7 8 9 *: Agency SCB/RRB SCB SCB SCB Scheduled Commercial Banks RRB Interest Rate 4/4. b. provided the ultimate borrower got such loans at 7. the interest paid on crop loans by such farmers was effectively 5.0 per cent 42 ISIEmergingMarketsPDF in-spjainmr from 115. respectively. Out of ` 170.5 8. Interest subvention of 1.14 crore received from the GoI towards interest subvention. ` 249 crore was released to 212 sugar mills operating in 11 states.com www. was enhanced to 2.107 on 2013-09-02 17:18:09 EDT.Primary and Apex/ Regional Weavers’ Cooperative Societies) ST .Weavers .0 per cent. No.0 * 8.www.0 8.net B.0 8.40 crore was disbursed for 2009-10. Table 3.4: Rates of Interest on Refinance (per cent) Sl.2007". announced in the year 2009-10 to those farmers who repaid crop loans promptly within one year of disbursement. RRB and Scheduled Commercial Banks and Long-term (LT) loans to State Governments for contribution to the share capital of co-operative credit institutions during 2010-11 are given in Table 3. During the year. Thus.OSAO ST .Working capital requirements of SHDC MT (Conversion) loan LT loans to State Governments SCB & Scheduled Commercial Banks SCB/RRB State Governments 3.

www.reportjunction.com

www.sansco.net

Investment Credit
A. Refinance Policy and Eligibility Criteria
3.17 The policy of preferential treatment to NorthEastern, Eastern, was Hilly also Regions, extended to Sikkim and Lakshadweep Chhattisgarh client institutions operating in the NER and Sikkim, (ii) relax the Net NPA norms by 5.0 and 3.0 per cent, respectively, for the SCB and RRB in NER including Sikkim, Hill States (Jammu & Kashmir, Uttarakhand, Himachal Pradesh), Eastern region (Odisha, West Bengal, Andaman & Nicobar Islands, Bihar & Jharkhand) and Lakshadweep and refinance at 100 per cent of the eligible bank loan for all agencies and for all purposes in these regions. As a special initiative, these facilities were extended to Chhattisgarh state during 2010-11.

during 2010-11. Concessions included 100 per cent refinance and relaxation in eligibility criteria. RRB, SCB and SCARDB continued to be classified under A/B/C/D categories based on the level of Net NPA as a percentage to net loans and advances outstanding, recovery performance and profitability for availing the quantum of refinance. However, (i) SCB with Net NPA of more than 20 per cent (ii) SCARDB with recovery of less than 30 per cent, (iii) RRB with Net NPA above 15 per cent or deposit erosion of more than 20 per cent were considered ineligible for availing refinance during the year. Similarly, Commercial Banks / PUCB and North Eastern Development Finance Corporation Ltd. (NEDFi) with Net NPA of more than 3 per cent were considered ineligible for availing refinance during the year. SCARDB, SCB, RRB and ADFC are not required to pay prepayment charges. Commercial Banks and PUCB are required to pay prepayment charges even if the recoveries are actual. Activities like water harvesting and water conservation devices, seed production, tissue culture based production, nonconventional energy sources, small farm implements, financing in watershed and tribal development

C. Security Norms
3.19 The release of refinance to SCARDB as also to SCB/ DCCB for farm and non-farm sector activities is against government guarantee. However, the requirement of Government guarantee was waived for well performing SCB and DCCB on compliance of certain conditions. Refinance to Section 11(1) of BR Act, 1949, (AACS), non-compliant SCB/DCCB and to non-scheduled SCB was against government guarantee only. In the event of government guarantee not forthcoming, alternatives like pledge of government securities or fixed deposit receipts issued by scheduled banks/ well performing SCB/ DCCB were considered.

D. Interest Rates on Refinance
3.20 Changing market conditions impacting the cost of funds for NABARD necessitated the revision of interest rates five times during the year. The interest rates, with effect from 07 February 2011, was revised to 9.75 per cent for Commercial Banks, 9.25 per cent for RRB, 9.15 per cent for co-operative banks/ PUCB/ NEDFi, 8.15 per cent for ADFC/NABFINS and 10.5 per cent for NBFC. However, for NER, including Sikkim, the rate of interest for all agencies (except NBFC) was fixed at 9.15 per cent.

programmes areas were also included in ‘Thrust Area’. Refinance was provided at 100 per cent of the eligible bank loan for thrust areas in all regions.

B. Special Package for North Eastern and Other Regions
3.18 With a view to enhancing the credit flow to the NER and other specified regions, NABARD continued to (i) apply uniform interest rate on refinance to all

43
ISIEmergingMarketsPDF in-spjainmr from 115.115.176.107 on 2013-09-02 17:18:09 EDT. DownloadPDF. Downloaded by in-spjainmr from 115.115.176.107 at 2013-09-02 17:18:09 EDT. ISI Emerging Markets. Unauthorized Distribution Prohibited.

www.reportjunction.com

www.sansco.net

Table 3.5: Agency-wise Disbursements (` Crore) Agency Target SCARDB * SCB CB RRB PUCB ADFC Total 1987.00 801.00 5867.00 1879.00 1.00 – 10535.00 2008-09 Disb 1986.54 801.51 5867.19 1879.04 1.01 – 10535.29 % Share 18.86 7.61 55.69 17.83 0.01 – 100.00 Target 2290.00 1040.50 6085.50 1879.00 – 5.00 2009-10 Disb 2221.30 1251.95 6057.19 2457.46 16.14 5.05 % Share 18.50 10.43 50.44 20.46 0.13 0.04 100.00 Target 2160.00 1340.00 7052.00 2288.00 85.00 55.00 12980.00 2010-11 Disb 2351.85 1356.62 7348.49 2287.84 84.87 56.20 13485.87 % Share 17.44 10.06 54.49 16.96 0.63 0.42 100.00

11300.00 12009.08

*: Includes ST-SAO refinance released to SCARDB

E. Refinance Support
3.21 During 2010-11, the refinance disbursed

for 54.49 per cent of the total disbursement, as compared to 50.44 per cent of the total disbursement during the previous year (Table 3.5 / Chart 3.2).

(including ` 140.01 crore disbursed under ST-SAO to SCARDB) was ` 13,485.87 crore as against the target of ` 12,980.00 crore. The achievement against target was 103.90 per cent. The growth in refinance disbursed during the year was 12.30 per cent over the previous year.

b) Spatial Distribution of Refinance
3.23 Refinance disbursement across regions during the year varied widely with the highest share being in the south (43%), followed by north (21%), central (14%) and other regions (22%) (Table 3.6 / Chart 3.3). Agency-wise and state-wise disbursements indicated that around 90 per cent of the refinance disbursed to the SCB was in Andhra Pradesh, Gujarat, Punjab,

a)

Agency-wise Disbursements of Refinance

3.22 During 2010-11, commercial banks availed of refinance to the extent of ` 7,348.49 crore, accounting

Karnataka, Himachal Pradesh, Odisha and Rajasthan.

44
ISIEmergingMarketsPDF in-spjainmr from 115.115.176.107 on 2013-09-02 17:18:09 EDT. DownloadPDF. Downloaded by in-spjainmr from 115.115.176.107 at 2013-09-02 17:18:09 EDT. ISI Emerging Markets. Unauthorized Distribution Prohibited.

www.reportjunction.com

www.sansco.net

Table 3.6: Region-wise Disbursements (` crore) Region Target Northern North Eastern Southern Eastern Central Western Total 2636.00 174.00 1103.00 1526.00 797.00 4299.00 10535.00 2008-09 Disb. 2636.45 174.18 4298.91 1102.99 1526.02 796.74 10535.29* %Share 25.00 1.70 40.80 10.50 14.50 7.60 100.00 Target 2790.00 210.00 1185.00 1680.00 935.00 4500.00 2009-10 Disb. 2419.87 139.85 5967.89 891.07 1478.60 1111.79 %Share 20.20 1.20 49.70 7.40 12.30 9.30 100.00 Target 2835.00 266.00 1392.00 1718.00 965.00 5804.00 2010-11 Disb. 2810.70 265.82 5821.73 1405.35 1928.63 1253.64 %Share 20.80 2.00 43.20 10.40 14.30 9.30 100.00

11300.00 12009.08*

12980.00 13485.87*

*: Includes ST-SAO refinance released to SCARDB Northern : Chandigarh, Delhi, Haryana, Himachal Pradesh, Jammu & Kashmir, Punjab and Rajasthan North Eastern : Assam, Arunachal Pradesh, Manipur, Meghalaya, Mizoram, Nagaland, Tripura and Sikkim Southern: Andhra Pradesh, Karnataka, Kerala, Puducherry, Tamil Nadu and Lakshwadeep Islands Eastern : A&N Islands, Bihar, Jharkhand, Odisha and West Bengal Central : Madhya Pradesh, Chhattisgarh, Uttar Pradesh and Uttarakhand Western : Dadra & Nagar Haveli, Daman & Diu, Goa, Gujarat and Maharashtra

Ninety six per cent of the refinance disbursed to SCARDB was absorbed in the states of Uttar Pradesh, Kerala, Haryana, Punjab, Rajasthan, West Bengal, and Karnataka. The trends reflected the credit absorptive capacity of different category of banks in different states.

(18.9%), Farm Mechanization (13.1%), Minor Irrigation (6.8%) and Dairy Development (6.8%). Of the total refinance disbursed, 43.80 per cent was for thrust areas. The proportion of refinance to Minor Irrigation, Plantation and Horticulture and Dairy Development showed an increase, while there was decline in refinance (Table 3.7). for Farm Mechanization and SHG

c) Sector-wise Disbursements
3.24 During the year, the major share of refinance was accounted for by NFS (25.6%), followed by SHG

45
ISIEmergingMarketsPDF in-spjainmr from 115.115.176.107 on 2013-09-02 17:18:09 EDT. DownloadPDF. Downloaded by in-spjainmr from 115.115.176.107 at 2013-09-02 17:18:09 EDT. ISI Emerging Markets. Unauthorized Distribution Prohibited.

64 crore.00 274. b.00 1066.00 230.7 0. Unauthorized Distribution Prohibited.5 14.9 25.45 918.22 151.84 3446.00 795.176.9 0. grading and standardization.79 28.00 649. Male buffalo calf rearing.4 Target 660.8 0.64 crore.2 9.00 170.85 949.8 2. e. respectively. for routing subsidy.00 3115. During the year. three new projects were sanctioned.00 63.1 18. The number of ongoing projects are 37.00 149. In all.00 10535. Scheme for Poultry Estates and Mother Units for Rural Backyard Poultry.00 141.6 2.00 52.1 13.00 976. Construction of rural godowns. Cumulative sanctions and disbursements were ` 240.00 13485.69 1762.00 176.9 5.99 2.00 2857.29* 100.00 2194.00 25.00 125.0 10535.35 6.00 1173.00 2466. monitoring progress and co-ordinating with bankers & the GoI in respect of the following: 46 ISIEmergingMarketsPDF in-spjainmr from 115.12 2706.9 15.1 997.67 1714.00 3135.79 54.68 1.00 1168. Integrated Development of Small Ruminants and Rabbits.2 3. The disbursement during 2010-11 was ` 14.82 12009. Capital Investment Subsidy Schemes 3.00 2852.107 at 2013-09-02 17:18:09 EDT.01 201.6 0.00 698.7 25.03 581.0 14.1 2.57 5.00 803.3 24.00 38.7 4.3 1.66 Share % 4. NABARD is the nodal agency for various Capital Investment Subsidy Schemes (CISS) of the GoI.50 3465. Downloaded by in-spjainmr from 115.00 132.11 9.3 28.7: Sector-wise Disbursements (` crore) Purpose Target Minor Irrigation Land Development Farm Mechanisation Plantation & Horticulture PF/ SGP/ AH-Others Fisheries Dairy Development Forestry Storage Godown & Market Yard SGSY Non-Farm Sector SC/ ST.00 301.03 Share % 5.115.00 288.00 2008-09 Disb 545.4 8.61 295. MoU were executed with 27 banks.41 6.46 3.00 187.73 303.00 266. (iii) Development/strengthening of agriculture marketing infrastructure.40 12.6 0.00 1975.0 331.8 0.3 Target 909. and Scheme on Pig Development G.1 362.0 0.30 3173.3 100.reportjunction.00 2010-11 Disb 920.00 91.00 12980.79 228.00 130.0 11300.00 570. f.54 298. taking the cumulative number of sanctioned projects to 51. Establishment/modernization of Rural Slaughter Houses.94 2620. (v) Bihar Ground Water Irrigation Scheme. DownloadPDF.Action Plan SHG Others Total 63.22 1.56 999.0 0.26 Since 1999-2000.98 Share % 6.70 77. Utilization of fallen animals.107 on 2013-09-02 17:18:09 EDT. d.94 1514.sansco.08* 1.www.0 172.63 2545.00 crore. (vi) Schemes on Animal Husbandry a.00 374.25 During the year.0 100.00 1817.00 322.115.1 579.5 143.00 377. (iv) Establishment of Agri-clinic and Agri-business Centres (ACABC). MoU for co-financing was executed with 5 RRB in Andhra Pradesh and a commercial bank.00 326.9 0 26. .56 3.36 2026.6 1.15 489.com www.37 47.39 402. c. with a total financial outlay of (i) (ii) Construction of cold storages and onion godowns.1 2. Co-financing 3.176.net Table 3.4 6.40 349.00 2009-10 Disb 496.5 6. and ` 840.62 725.3 1.35 crore and ` 153. ISI Emerging Markets.87* *: Includes ST-SAO refinance released to SCARDB F.

922. Grading and Standardization 3. operationalised since October crore was released. NE and Hill States) and dispensing with the interest subsidy.17 2915.02 244 *Capacity: Lakh Metric Tonnes TFO: Total Financial Outlay 47 ISIEmergingMarketsPDF in-spjainmr from 115.8.net (vii) Scheme for installation of Solar Off Grid and Decentralised Applications under Jawahar Lal Nehru National Solar Mission (JNNSM) (viii) National Project on Organic Farming allow private participation. 4.02 crore. (i) Cold Storages and Onion Godowns 3.30 The Scheme was started in 2006-07 to provide fee based extension services to farmers and at the same time provide gainful employment to unemployed agriculture graduates in new emerging areas in (ii) Rural Godowns 3.107 at 2013-09-02 17:18:09 EDT.84 Subsidy 56. 1 2 Cold Storage Rural Godowns Facility No. NABARD continued to associate with the Scheme in administering the subsidy. Downloaded by in-spjainmr from 115. The guidelines of the scheme were revised during the year for widening the list of eligible candidates. aims at establishing/strengthening infrastructure for marketing.38 (iii) Agricultural Marketing Infrastructure.115. 390 projects were sanctioned under the scheme involving TFO of ` 28. were considered and subsidy of ` 274. Cumulatively.94 4349. 654 projects with Total Financial Outlay (TFO) of ` 978.28 70.sansco.28 The Scheme was launched by the GoI in April 2001. NABARD ceased to be associated with the implementation of the scheme from 1 May 2010 onwards. 2004. grading. No. As advised by the GoI. a subsidy of ` 1.45 crore and bank loan of ` 639.29 The Scheme. (iv) Agri-Clinics and Agri-Business Centres 3.49 crore was disbursed for 110 projects.51 411.75 crore and bank loan of ` 6.176.www. of Projects 1944 19715 Cumulative TFO 3100.84 crore were considered and subsidy of ` 83. Cumulatively.83 Cumulative Capacity* 83. of Projects 93 2159 2010-11 TFO 200. enhancing the capital subsidy to 36 per cent of the TFO for general category agri-preneurs (44% for SC/ST. Scheme. Being linked to the amendment of the Agricultural Produce Market Committee (APMC) Act to (v) Bihar Ground Water Irrigation Scheme 3.37 Bank Loan 1758.91 Subsidy 499. standardization and quality certification of produce for agriculture and allied sectors.86 649. Onion Godowns and Rural Godowns are detailed in Table 3.912 crore and ` 1. the scheme is implemented in those States that have carried out market reforms.35 550.8: Details of Projects Sanctioned under Cold Storages and Rural Godowns (` crore) Sl.reportjunction.492 units involving TFO and bank loan of ` 2.97 crore.com www.107 on 2013-09-02 17:18:09 EDT. ISI Emerging Markets. bank loan of ` 22 crore and subsidy of ` 5. DownloadPDF.15 crore was released to 14 states. During the year.79 Bank Loan 123. During 2010-11.115. . The number of projects sanctioned under Cold Storages.31 The Commission. respectively.03 crore was released. Unauthorized Distribution Prohibited.27 The scheme was launched in 1999-2000 to promote creation of cold storage and scientific storage facilities for horticultural produce. agriculture sector.86 No.176. to create scientific storage facility for farmers to avoid wastage. involving a TFO of ` 7.62 crore. promoted commenced by from the Planning to 2009-10 Table 3. GoI. product deterioration and distress sales.

viz. of Bihar is the nodal implementing department with the active support of NABARD.. b. The Minor Water Resources Department. 25 per cent viz. 48 ISIEmergingMarketsPDF in-spjainmr from 115. subsidy amount of ` 1. Scheme for Rural Slaughter Houses 3.67 crore. Unauthorized Distribution Prohibited. of (a) Establishment/Modernization of Rural Slaughter Houses. Scheme for Integrated Development of Small Ruminants and Rabbits 3. Integrated Development Ruminants and Rabbits and (c) Scheme for Poultry Estates and Mother Units for Rural Backyard Poultry launched by GoI during 2009-10 were implemented by NABARD during 2010-11. All these schemes will be implemented during the remaining period of XI Five Year Plan (2010-11 & 2011-12). besides providing refinance support to the eligible financing institutions for the term loan.33 The Scheme is being implemented on a pilot basis in three states. The back ended subsidy at 45 per cent of the project cost is to be released by NABARD through the financing banks. banks and other participating agencies. Two pilot projects are proposed under the Scheme and preference is given to States that provide land and infrastructure for this purpose. MoA.. agricultural land in Bihar by installing 4.35 The Scheme aims at establishing poultry estates having upto 100 broiler/layer units on the lines of industrial estates.com www. (vi) Schemes on Animal Husbandry 3. The Department of Animal Husbandry. Non-Governmental Organisations. Under this scheme.107 at 2013-09-02 17:18:09 EDT. an amount of ` 48.10 crore was released for establishment of one poultry processing unit under the scheme. As on 31 March 2011.64 lakh private shallow tubewells / dugwells with pumpsets over a period of three years. . Andhra Pradesh and Meghalaya for establishing/ modernizing slaughter houses in rural areas. Credit linked back ended subsidy upto a maximum of ` 2. an advance subsidy amount of ` 0. subsidy NABARD will be administering the interest and capital subsidy and monitoring the c.reportjunction.30 crore was released to banks implementing the scheme. As on 31 March 2011.34 The Scheme aims to improve the quality of the existing breeds and to promote rearing and breeding on commercial basis.176.115. viz. The scheme was to be implemented in all the districts of Bihar through CB and RRB. (b) Scheme for Pig Development and (c) Utilization of fallen animals were launched by GoI during JulyAugust 2010. In addition. Small of the outlay (33. (a) Male buffalo calf rearing. Dairying and Fisheries (DAHDF). As on 31 March 2011. coordinating with local Animal Husbandry Department and banks and arranging for inputs and marketing of the animals.32 Three (b) animal husbandry schemes.33% in NE States including Sikkim and Hill States) as back ended capital subsidy will be provided by NABARD for rearing/ breeding of sheep and goat and rearing of rabbit. is the nodal department for operating these schemes. Govt.115.www.net provide irrigation facility to 9. three animal husbandry schemes. with emphasis on hygiene. identified by the SLSMC act as facilitators for organizing and training the beneficiaries.00 crore would be available under the scheme. Scheme Estates for and Establishment Mother Units of for Poultry Rural Backyard Poultry 3.. inputs supply and marketing arrangements are provided. utilizing the balance amount of ` 231. DownloadPDF.59 crore was released for establishment of 304 Sheep/ Goat rearing units under the scheme. The units will be eligible for interest free loans upto progress of the scheme. A State Level Sanctioning and Monitoring Committee (SLSMC) was constituted by the State Animal Husbandry Department in association with NABARD in each State for sanctioning of the subsidy / interest subsidy/ interest free loans under these schemes.sansco. ISI Emerging Markets. GoI. under Million Shallow Tubewell Programme (MSTP) that was closed on 31 March 2007. pollution control and value addition.176. where all common infrastructure facilities.107 on 2013-09-02 17:18:09 EDT. of a. Downloaded by in-spjainmr from 115. Uttar Pradesh.28 lakh ha.

It also aims at reducing/checking environmental pollution and bird hazard to aircrafts. subsidy of ` 1. 3. GoI has sanctioned 622 MU in Kerala. respectively.38 With a view to encouraging commercial pig rearing by farmers to improve performance of native breed through during cross the breeding. the Scheme GoI to assist farmers. As on 31 March 2011.36 Under the rural backyard poultry component of the scheme.107 on 2013-09-02 17:18:09 EDT. 90 per cent and 50 per cent respectively. Downloaded by in-spjainmr from 115. NABARD will be administering the capital subsidy in respect of establishing bone crushing units. facilitate Implementation scheme compliance to the Infectious & Contagious Diseases in Animal Act. NGO.www. Under the Scheme.33 per cent in NE States. aims at improving the quality of hides and skins from fallen animals and to convert other by-products into value added items. including Sikkim and hilly areas) and 50 per cent of the outlay as back ended capital subsidy will be provided for pig breeding/ rearing/ fattening units and retail outlets/ facilities for live stock markets. Unauthorized Distribution Prohibited. West Bengal and Nagaland. The Department of Animal Husbandry.49 crore was released for establishing 239 pig rearing units under the scheme. During the year. Solar System in case bank loan component is involved. 25 per cent (33.sansco.com www. As on 31 d. GoI. Under the Scheme for the establishment of Carcass Utilization Centre (CUC) and Bone Crushing Unit.33% in NER. This component of the scheme intends to promote rearing of low input breeds that will survive in rural areas and is intended for Below Poverty Line (BPL) beneficiaries.115. is the nodal department for operating the scheme.400 per calf would be provided by banks as short term loan for rearing the calf up to its marketable age (12 months). corporate bodies to rear male buffalo calves for meat production and recovery of hides.107 at 2013-09-02 17:18:09 EDT. including Sikkim and hilly areas) is made available for establishment of commercial and industrial units. two poultry estates have been sanctioned in Odisha and Sikkim. . 49 ISIEmergingMarketsPDF in-spjainmr from 115.176. launched during 2010-11.39 The Scheme. 2009 wherein. Scheme for Utilization of Fallen Animals 3.net 50 per cent of TFO. proper disposal of carcasses of animals is mandatory. will be provided as back of the ended capital will subsidy. Back-ended capital subsidy at 25 per cent of the outlay (33. year a scheme Under was the launched 2010-11.37 During 2010-11. scheme. e. 100 per cent interest subsidy on short term loan will be provided for rearing of male buffalo calves (1 to 9 calves). Bihar. to be routed through NABARD. An indicative unit cost of ` 6. Dairying and Fisheries (DAHDF). interest free loan upto 50 per cent of TFO of the project is available for Mother Units (MU) where day old chicks of low input birds are reared for 4 weeks for distribution to the beneficiaries. Andhra Pradesh. DownloadPDF.115. MoA. ISI Emerging Markets. 3. Madhya Pradesh. was launched by professionals and f. Scheme for Salvaging and Rearing of Male Buffalo Calves March 2011.reportjunction. Scheme for Pig Development 3.176.

The report suggests that while scrutinising the proposals under the subsidy scheme. Downloaded by in-spjainmr from 115.115. a subsidy amount of ` 3. The objective of the scheme is to promote off-grid applications of solar energy [both Photo-voltaics and Solar Thermal] to encourage replacement of non-renewable energy sources like fossil fuels. godowns was conducted in Bellary and Gulbarga districts. especially those near the Gulbarga city. ISI Emerging Markets. against receipt of ` 12. bio-fertilizers units-36 and fruit & vegetable waste 50 ISIEmergingMarketsPDF in-spjainmr from 115.987 units. Utilisation of godown capacity was hundred per cent in both Bellary and Gulbarga districts. Large godowns. The scheme covers projects.107 on 2013-09-02 17:18:09 EDT.115. seven evaluation rural studies covering agricultural investments. and provides for routing capital subsidy and subsidised interest on bank loans through NABARD.40 The Ministry of New and Renewable Energy (MNRE).www.61 crore was released for establishing 8. Regular repayment of loan was reported in 29 out of 56 sample cases. on an automatic basis.41 The Ministry of Agriculture.com www.176. However. agri-clinics agri-business centres and solar home lighting system. kerosene and diesel with solar energy to meet energy requirements. The Project is being implemented by NABARD and National Centre of Organic Farming (NCOF). Pulses dominated in storage accounting for 65 per cent of the storage space The project has been extended by the GoI for the year 2010-11. Rural Godowns 3.45 crore (as on 31 March 2011). preference may be given to those farmers who have smaller sized godowns. Govt. Unauthorized Distribution Prohibited.43 In Andhra Pradesh. to promote commercial marketing of solar energy systems and devices by extending financial incentives in the form of capital subsidy (30% of the project cost) and subsidised interest (5%) on bank loans. of India had launched a subsidy based National Project on Organic Farming (NPOF) in 2005 for commercial production of organic hatchery. H. Evaluation Studies 3.176. were conducted.44 In Karnataka. viz. and market infrastructure. inputs like bio-fertilisers.107 at 2013-09-02 17:18:09 EDT.. specifically approved by MNRE. (viii) National Project on Organic Farming 3. a.sansco. vermiculture fruit and vegetable waste compost units. As on 31 March 2011. The findings of the study revealed that small and medium sized godowns constructed in the paddy growing tracts of Bellary and Gulbarga districts were exclusively utilised by the owner farmers for storing their own produce.42 During four the year. GoI launched a subsidy linked credit scheme on 1 November 2010. Banks are eligible to avail of hundred per cent of the loan outstanding as refinance from NABARD. while the units sanctioned to State Warehousing Corporation (SWC) had become NPA as SWC had not paid installments of loan regularly under the scheme. the evaluation study on rural 3. the vermi-hatchery component of the scheme was discontinued with effect from 11 August 2010. DownloadPDF. the evaluation study report observed that farmers using rural godowns to store agriculture produce benefited by way of 10 to 14 per cent incremental income due to reduction in losses and realisation of better price.51 crore from GoI.reportjunction. at an interest rate of 2 per cent per annum. Workshops were organised to popularise the scheme.net (vii) Scheme for Installation of Solar Offgrid & Decentralised Applications under Jawahar Lal Nehru National Solar Mission 3. compost units-13) have been sanctioned with net subsidy release of ` 12. godowns. A total of 676 units (vermi-hatchery units627. were either rented out to Karnataka SWC or to other farmers. .

The agri-preneur units were able to attract farmers by providing good quality inputs. with an average profit margin of around 10 per cent. The study reported positive Net Present Worth (NPW) and Internal Rate of Return (IRR) of more than 50 per cent for combine harvesters but negative NPW and IRR of 7 per cent for seed units. The report specially recommends 3. seed units and APMC regulated markets. Their annual turnover ranged from ` 12 lakh to ` 1 crore. The monthly rent charged by farmers was ` 8 to ` 10 per quintal.48 An evaluation study on Agri-Clinic and Agri3. ISI Emerging Markets.115. In general. while it was ` 0. Combine harvesters played an important role in reducing the cost of harvesting. followed by paddy in Gulbarga district.43 crore. Combine harvesters have become essential for harvesting crops in Punjab due to scarcity of labour and short time available between two crop seasons for harvesting.5 per cent.176. . particularly wheat and paddy. increasing the holding capacity of the farmers and getting higher prices through storage. The units were sanctioned bank loan ranging between ` 5 lakh and ` 10 lakh.45 An evaluation study of the Agricultural Marketing Infrastructure (AMI) scheme was conducted in Andhra Pradesh. study of AMI scheme in Agri-Clinic and Agri-Business Centers 3. The study suggested the need to modernise old cotton ginning and processing units in the State. who were either large farmers or established entrepreneurs . b.net created. floriculture. c. The waxing units had improved price realisation for 3. At farm level. DownloadPDF. fisheries. respectively. poultry. The rate of interest charged by banks ranged from 9. All the sample agri-preneurs received 2 months training from Indian Society of Agri-business Professionals (ISAP) under the scheme. There is a huge storage gap. Himachal Pradesh.5 per cent to 13.107 at 2013-09-02 17:18:09 EDT. Agricultural Marketing Infrastructure depend on commission agents and midddlemen. and consultancy services.46 The evaluation Business Centers (ACABC) was conducted in had Maharashtra covered investments such as combine harvesters.. Unauthorized Distribution Prohibited. etc.176. kinnows and enhanced shelf life of fruits.com www. The study report recommends that infrastructure for marketing of produce from allied activities like dairy. providing quality advice to the farmers regarding proper use of inputs. needs to be developed to augment the area under integrated farming. especially fertilisers and pesticides.47 The evaluation study of AMI scheme in Punjab covered investments like units for cleaning and waxing of ‘kinnows’. mainly on account of savings in labour cost. Rice sortex plants had enhanced the export of basmati and long grain non-basmati rice from Punjab.064 and ` 886 per tonne. Gross income per unit from cotton ginning units was ` 0. for paddy processing units. Small and marginal farmers remained out of the domain of such infrastructure and had to continuation of the scheme. rice sortex plants and combine that harvesters. The study findings indicated infrastructure developed under the scheme benefitted owners. The cash accruals were ` 726. maize processing units and maize drying units.107 on 2013-09-02 17:18:09 EDT. ` 1.115. with a potential to construct storage godowns.sansco.400 per acre.reportjunction. covering major activities such as combine harvesters. This has attracted more number of farmers for cultivation of kinnows. Downloaded by in-spjainmr from 115.23 crore for processing units.www. the net gain to a farmer due to use of hired combine harvester was estimated at ` 2. The agribusiness centres have been successful in imparting 51 ISIEmergingMarketsPDF in-spjainmr from 115. the infrastructure created under the AMI scheme has helped the farmers in selling their produce in bigger market areas. seed processing and cotton ginning and pressing units.

107 on 2013-09-02 17:18:09 EDT. Under minor irrigation.950 person days per year was estimated for inputs supply units. Conduct of Special 52 ISIEmergingMarketsPDF in-spjainmr from 115. .net knowledge to the farmers on the new and scientific methods of farming.52 The Government of India announced relief measures to the poultry units affected by Avian Flu in I.49 The evaluation study of solar home lighting system (SHLS) in Barabanki district of Uttar Pradesh reported that the system could replace four kerosene lamps per household. many chores cooking. etc. 16 ISS and eight SS covering farm and rural non-farm sectors were conducted in association with financing banks and nodal Departments of State Governments. an amount of ` 1.000 units financed during the year. Specific Studies (ISS) to identify the problems at the field level in the implementation of schemes. utensils. Tractor financing continued to be a major item of investment under farm mechanisation with 49.a on the outstanding non-overdue term loan 3. Investment Specific and Special Studies West Bengal by way of interest subvention @ 4 per cent p.115. use of mobile rechargers using solar power. The agri-preneurs may be given preference over other general candidates for issuance of dealership licence for fertilizers.. an area of 38.107 at 2013-09-02 17:18:09 EDT. its importance in the state/districts.000 pumpsets on existing wells were financed pesticides.80 crore birds being financed during 2010-11.115. to estimate the benefits accruing from the investment. During 2010-11. etc. could be carried out even during night.reportjunction. During 2010-11. The only concern about the SHLS was the nonavailablity of after-sales-service. 3. etc.www.532 units in the state as relief measures. 20. and is based on the potential for the activity. insecticides. thus leading to an increase in the production per hectare and farm incomes. Relief Measures for Poultry Units in West Bengal 3. seed preparation.000 ha.12 lakh animals. dairy farming and sheep/goat rearing showed an increase of 5. banks may engage them as Business Correspondents and use (BC) their and Business Studies (SS) was introduced from 2010-11.sansco. Downloaded by in-spjainmr from 115. The study suggests that in order to ensure long-term viability and sustainability of agri-preneurs. etc. Due to installation of SHLS. During 2010-11. The poultry sector showed good growth with 2. the quality of life had improved like for the sample washing during the year. K.51 The refinance disbursement supporting varied economic activities under various types of investments during the year are presented in Table 3. the emerging areas and the need for such studies.com www. Solar Home Lighting System 3. repayment performance. under land developement.50 NABARD has been conducting Investment and working capital loans as on 01 January 2008 for the period from 01 January 2008 to 31 March 2009.176.176.46 crore was released to 12 PCARDB. fodder cutting. Under the animal husbandry sector. Facilitators (BF) technical/advisory J. ISI Emerging Markets. Highest employment generation of 10. DownloadPDF.000 tubewells with pumpsets and 22. covering 17.9. beneficiaries. d. Unauthorized Distribution Prohibited. was developed.. There were other benefits like children being able to study during the night. 7 DCCB and one RRB. Physical Achievement services for identification of prospective borrowers and for appraisal of loan applications.

pump house. AEZ. . shallow tubewells/ million shallow tubewell programme. Unauthorized Distribution Prohibited. Investments No.176. 53 ISIEmergingMarketsPDF in-spjainmr from 115.526 16. saline/ alkaline soil. 22097 73866 5389 416 8558 15578 iii. 1.224 ETP : Entire Trans-Planting. storage/water harvesting tank.805 5.882 3. lift irrigation. ISI Emerging Markets. ha.476 168 766 2. Tubewells with pumpsets @ Dugwells with pumpsets * ‘000 ‘000 ‘000 ‘000 ‘000 ha.469 1.711 3. ‘000 animals ‘000 animals 000 animals lakh birds 1.800 18. drip. compost/ manure plants.094 73. Other farm equipments 4. camel carts.21.700 18.882 22780 75086 5389 421 8721 16255 22. P: Provisional Note: While estimating the completed units. Land Development*** Farm Mechanisation i.368 15.net Table 3.107 at 2013-09-02 17:18:09 EDT. channels/ lining/ under ground pipeline.21. Plantation & Horticulture Forestry Storage Market Yards Dairy Development Sheep/ Goat Rearing Piggery Poultry Fishery i. sprinkler.559 16.031 38.997 1489 165 787 2338 2.919 3.66.9: Units Financed and Completed under Refinance Support Sr. vermiculture. deepening/ renovation of wells. other activities under AH. 9.318 413 8. 6.029 1525 170 795 2388 3.274 2. DownloadPDF. ‘000 ETPs ‘000 tonnes No. Fresh Water Aquaculture 13. Units Cumulative Units Financed (upto 31 March) 2010 1.387 1660 2109 2522 1973 3425 1.025 5.758 1.115. $ : Includes bullock pairs. Downloaded by in-spjainmr from 115.440 163 758 2.381 418 8. Brackish Water Aquaculture iv. Non-Farm Sector Miscellaneous$ @ : Includes borewells with pumpsets. 5.keeping. ii. bee.324 3.549 15. 14.712 2. ‘000 ‘000 22.115.65. sericulture. SRTO.984 18899 3665 16500 39031 1728 2309 1. 12.www. ** : Includes dugwells/ dugwells-cum-borewells. etc.176. It is possible that some of the units have turned out to be infructuous or remained incomplete beyond their normal gestation period.299 1.reportjunction. gobar gas plants. Kisan bikes.261 38. ACABC. SC/ ST Action Plan.096 2. contract farming. *** : Includes soil conservation. deep tubewells with pumpsets. Pumpsets on existing wells iv. SHG. Tractors Power tillers ‘000 ‘000 ‘000 ‘000 ha.com www. 7.777 75. ‘000 ha. No.500 1. 3. 11. but not likely to have been completed. ii.083 2.898 3. Mechanised Boats Other Boats No.084 18712 3932 16270 38572 1719 2278 iii. etc. wasteland and farm development.sansco.640 2. Others ** 2.703 1. pipeline. 8. dugwells with conventional lift.621 2. 10. Minor Irrigation i. camels. appropriate adjustments have been made for units financed upto March 2011. soil/water testing. * : Includes dug-cum-borewells with pumpsets. ii.107 on 2013-09-02 17:18:09 EDT. bullock carts.319 1641 2095 2491 1936 3356 2011 Cumulative Units Completed (upto 31 March) 2010 2011 iii.

reclamation of water logged areas. existing schools. stood at ` 1. as on 31 March 2011.176.58 Rural Connectivity includes rural roads and rural bridges and loans for these sectors are provided at 90 per cent of project cost for NER and Hill States and at 80 per cent for all other states. flood protection. infrastructure for rural education. and setting up of KVIC industrial estates/centres. . seed.sansco. DownloadPDF. Started with ` 2.000 crore.000 crore during 2010-11 (RIDF XVI). B.115. the annual allocation to the Fund has now reached ` 16.500 crore. agriculture and horticulture farms. especially for girls and "Pay & Use" toilets in rural areas.54 Domestic commercial banks contribute to the RIDF to the extent of their shortfall under priority sector lending to agriculture. animal husbandry. watershed. plantation and horticulture. Broad Sectors/ Activities 3. Unauthorized Distribution Prohibited.107 on 2013-09-02 17:18:09 EDT. (ii) Social Sector 3.www. grading/certifying Rural Road under RIDF 54 ISIEmergingMarketsPDF in-spjainmr from 115. till 2009-10. infrastructure for Information Technology in rural areas. Downloaded by in-spjainmr from 115.000 crore during 1995-96 (RIDF I). Rural Infrastructure Development Fund (RIDF) was instituted in NABARD during 1995-96. forest development. mechanisms. market yards. village knowledge centres. testing laboratories. (iii) Rural Connectivity 3. and construction of ‘anganwadi’ centres. godowns. The main objective of the Fund is to provide loans to the State Governments and Stateowned Corporations to enable them to complete ongoing rural infrastructure projects. The loans for the above sectors are provided at 90 per cent of project cost for NE and Hill States and at 85 per cent for all other states. Funding 3. as stipulated by the RBI. with allocation of ` 18. cold storages. The total allocation for RIDF. hydel projects (upto 10 MW).reportjunction.56 Agriculture and Allied Sectors These include irrigation projects.500 crore.176.34.53 Development of rural infrastructure is imperative for agriculture and overall economic growth as also improving the quality of life. ISI Emerging Markets. fishing harbour/jetties. The loans are provided at 95 per cent of project cost for all states. desalination plants in coastal areas. Additionally. construction of toilet blocks in A. a separate window was introduced in 2006-07 for the funding rural roads component of the Bharat Nirman Programme. soil conservation. thus.com www.55 The broad categories of projects covered under the RIDF are: (i) 3.57 Social sector includes drinking water. public health institutions.115. marketing infrastructure.net Rural Infrastructure Development Fund 3.16. riverine fisheries. taking the cumulative allocation to ` 1.107 at 2013-09-02 17:18:09 EDT.

0 Amount Share in total amount (%) 20.85 2. ISI Emerging Markets.7 0.59 2.6 32. under various tranche (RIDF I to XVI).876.137.2 100.1 14.156 41.0 17.8 3.1%). as at end-March 2011.40 crore.38 100. taking the cumulative number of projects. as on 31 March 2011.www.705 80.060.34. Sector-wise cumulative sanctions are depicted in Chart 3.77 11.138.784 1.138. Of the total amount sanctioned during the year 2010-11.7 14.reportjunction. rural bridges (14.34 3.600.99 17.10).59 During 2010-11.5.888.5 29.21.40 crore.com www. Cumulative sanction.675.3 18.0 No projects RIDF I to XVI (Cumulative) Share in total projects (%) 52.107 at 2013-09-02 17:18:09 EDT. of projects RIDF XVI (2010-11) Share in total projects (%) 45.sansco.5 per cent.44.152 12. followed by Irrigation (30.722 4.21.427 14. a total of 41.net C. As per the phasing of projects under various tranche (RIDF I to Table 3. RIDF Operations.6 100.387 761 28.44.32 6. Tranche wise position of sanctions are given in Chart 3.2%) and others (12.3%).21.0 1. social sector projects (19.176.5 19.604.88 crore were sanctioned under RIDF XVI.7 100.0 19. .58 2. followed by irrigation projects (20.0 Irrigation Rural Bridge Rural Roads Social Sector Power Agriculture related Total 18.314.10 29.8 9.02 39.160 85.656. was highest for Rural roads (32.2 33. During the year.914.115.162 36.27 14. to 4.76 2.0 5.60 The State governments had a total pool of projects of ` 1.369 7.888.314.6%) (Table 3.304 11 2.1 1.176.04 crore.5 0. Unauthorized Distribution Prohibited.5 Amount Share in total amount (%) 30.9 11.088.10: Sector-wise Projects and Amounts Sanctioned (As on 31 March 2011) (` crore) Sector No.107 on 2013-09-02 17:18:09 EDT.213. rural road projects accounted for 33.162 and cumulative amount sanctioned to ` 1.115.7%).22 158.Sanctions and Disbursements 3.40 55 ISIEmergingMarketsPDF in-spjainmr from 115. as at end March 2011.779 projects involving loan amount of ` 18. disbursements were made to the tune of ` 12.80 18. Downloaded by in-spjainmr from 115. DownloadPDF.3 11. as on 31 March 2011.4. 3.7%).779 3.2 0.2 6.888.

35 15623.000 29763 41774 36810 85428 38946 41779 2.784. aggregated ` 6.09 9252. was ` 66.115.047. as on 31 March 2011. D.84 Phased 41921.19 8000. During the year. The total RIDF loan outstanding.11/Chart 3. DownloadPDF. including Sikkim.36 80.142.24 3731. Tamil Nadu (89%).293.22 crore was received as deposits from commercial banks.00. The slow pace of utilization of loans under RIDF was due mainly to delay in administrative and technical approval by the State Governments. Downloaded by in-spjainmr from 115. An amount of ` 5.56 1. lack of co-ordination among implementing departments. delay in obtaining statutory clearances and tendering process.16. an amount of ` 13.064.44 43.36 crore.40 8310.107 at 2013-09-02 17:18:09 EDT. Punjab and Gujarat (87%).888. inadequate budgetary support at State level.13.15 12614. Deposits/Repayments 3. Uttar Pradesh.On-going tranches – RIDF XI to XVI (As on 31 March 2011) (` crore) Amount Tranche i.85 79. the total amount sanctioned (phased) was ` 1.42 Percent* 88 *: Disbursed as per cent to phased XVI).46 14726.15 12614.21.84 Disbursed 36906.reportjunction.www.499.74.52 9420.50 10377.96 crore.6). Unauthorized Distribution Prohibited. .00.077.78 84 77 71 70 70 91 75 80 Corpus 42000 No.499. etc.500 4. Ongoing Tranches XI XII XIII XIV XV XVI Total Grand Total 8000 10000 12000 14000 14000 16000 74. UP and Jammu & Kashmir (86%) (Table 3.44.966. as on 31 March 2011. as on 31 March 2011. The details of year-wise and tranche-wise disbursements against deposits received are given in Table 3.78 crore (Table 3. Gujarat.000 1.67 6629. Haryana and Maharashtra (88%).11 58.176.22 18314.50 10377. The state-wise analysis of ratio of disbursements to the approved phasing of sanctions revealed that Mizoram topped with 120 per cent.064. respectively. against which disbursements aggregated ` 80.11: Tranche-wise Sanctions and Disbursements .056. followed by Uttarakhand. Meghalaya (90%).36 7010.23 crore was received from state governments towards repayment of RIDF loans during 2010-11.52 1.12).73 8969.24 crore and ` 3. Madhya Pradesh and Rajasthan) together accounted for nearly 50 per cent of total disbursements and 47 per cent of total sanctions. Six States (Andhra Pradesh. Cumulative amount of loan sanctioned and disbursed to States in the North Eastern region.46 13310. Tamil Nadu.com www.162 8310.sansco. land acquisition problems.18 crore.328.63 crore. of Projects 169662 Sanctioned 41921.78 4109.593.107 on 2013-09-02 17:18:09 EDT. Closed Tranches (I to X) ii.61 The cumulative deposits received under RIDF stood at ` 95. ISI Emerging Markets.176.115.net Table 3. 56 ISIEmergingMarketsPDF in-spjainmr from 115. Goa (above 99%).

18 166.95 3331.87 7419.28 361. 1 2 3 4 5 State Andhra Pradesh Karnataka Kerala Tamil Nadu Puducherry South Zone 6 7 8 Goa Gujarat Maharashtra West Zone 9 10 11 12 13 14 15 Haryana Himachal Pradesh Jammu & Kashmir Punjab Rajasthan Uttar Pradesh Uttarakhand North Zone 16 17 Madhya Pradesh Chhattisgarh Central Zone 18 19 20 21 Bihar Jharkhand Odisha West Bengal East Zone 22 23 24 25 26 27 28 29 Arunachal Pradesh Assam Manipur Meghalaya Mizoram Nagaland Tripura Sikkim North-East & Sikkim RIDF Total Bharat Nirman GRAND TOTAL Sanctions 13004.00 98999.89 81.26 21905. NABARD also undertakes monitoring of RIDF projects by exception.44 194.62 87.58 385.46 9050.99 99.42 72.08 6328.86 6416.77 764.61 28323.85 26742.45 2014.19 1264.75 6368.176.26 54.24 5445.03 81.96 16.107 on 2013-09-02 17:18:09 EDT.53 200.83 3103.33 79.92 4578.79 293.85 736.80 509.19 100064.94 298.58 24188.58 1925.78 85.62 297.24 121888.00 83. Unauthorized Distribution Prohibited. Monitoring of RIDF Projects a.21 5674.48 1392.76 1002.17 2424.37 7046.64 21200.40 75.98 2366.48 2403.115.48 3616.78 17517.28 3850.98 11943.66 65.www. as various constraints are identified.40 48.12 9386.35 4446. .00 140388.20 4906.76 10316.27 85.46 16273.reportjunction.52 1740.00 118564.59 1648.59 7166.56 67.88 8228.02 120.60 3293.53 86.56 87.41 6298.11 14668.94 3041.51 5770.59 69.70 90.04 371.107 at 2013-09-02 17:18:09 EDT.91 99.71 6090.82 3114.98 4527.42 5103.18 1389.87 1509.52 8916.94 1347.97 5336.26 85.45 100.53 239.36 18500.27 88.23 2129. reviewed and sorted out at 3.51 58.36 Drawn 8985.84 2954.37 73.71 326.176.81 2287.41 83.04 8731.98 329.16 7574.61 5005.78 18500.23 3498.com www. Downloaded by in-spjainmr from 115.68 70.No.62 The primary responsibility of monitoring of RIDF projects is of State Governments for ensuring 57 ISIEmergingMarketsPDF in-spjainmr from 115.79 2440.98 474.73 357.36 67.02 7541.38 58.44 4241. DownloadPDF.04 7746. This two-pronged monitoring approach results in better implementation of projects.18 35074.88 87.52 77.98 8279. ISI Emerging Markets.40 18500.net Table 3.75 89.98 287.45 2302.77 78.07 78.79 67.58 321.48 5197.08 674.15 6555.62 501.04 72.12 2816.sansco. In-house Monitoring timely completion and quality of assets being created.14 3362.36 134.41 7667.28 85.90 4058.78 Utilisation (%) 79.40 Phasing 11300.82 2019.25 12800.55 705.95 2537.16 10379.12: Utilisation Percentage under RIDF (I TO XVI) (As on 31 March 2011) (` crore) Sl.115.50 E.18 80499.38 588.08 31387.80 80.

13: Year/Tranche-wise Disbursements and Deposits received under RIDF (As on 31 March 2011) (` crore) Year 1995-96 1996-97 1997-98 1998-99 1999-00 2000-01 2001-02 2002-03 2003-04 2004-05 2005-06 2006-07 BNP 2007-08 BNP 2008-09 BNP 2009-10 BNP 2010-11 Total Deposits 350.00 95.784.50 4.482.060.09 4.00 8.18 5.056.087.71 4.236.37 6.59 5. Major observations/issues were taken up with the implementing departments and the Finance improving execution. Standardization of cropping practices and awareness creation among farmers on upkeep of poly-houses were recommended.922.00 5.47 6.32 6. improper opening of the ventilators.590. The HPC.966.37 4.000.00 3.46 4.43 0.98 8.64 6.018.054.00 7.337.308.677.913.87 2.42 3.63 Disbursements 387.48 6.96 4.44 98.107 at 2013-09-02 17:18:09 EDT.com www.69 4.215.500.544. Downloaded by in-spjainmr from 115.176. The High Power Committee (HPC) chaired by the Chief/Finance Secretary of the State.851.277.491.72 6. Monitoring of social sector projects in Karnataka indicated that there were problems of poor maintenance.051.387.00 9. 5.500.438.43 12.12 2.080.52 7. 3.857.53 3.007. Department the pace of and State Governments of the for quality project damages.107 on 2013-09-02 17:18:09 EDT.00 1.00 8.115.00 8.95 2.42 12.65 3.08 1.04 1.042. meets quarterly to review the pace of project implementation.222.916.092.000.00 2.353.00 9.56 2.34 1.397.03 1.reportjunction.87 3.63 During the year.27 4.033.176.458.760.009.64 4.653.306.78 6.54 6.64 3.www.070.225.72 3.647.78 XVI Total XV XIV XIII Tranche I II III IV V VI VII VIII IX X XI XII Deposits 1.553 projects were monitored through field visits.000. Unauthorized Distribution Prohibited.500.Feedback 3. time overrun.052.02 1.999.731.69 6.500.63 2.313.00 12.22 0.837. Provision b.06 4.148. DownloadPDF.129.790.442.09 2.06 6.500.445.466.78 BNP: Bharat Nirman Programme regular intervals.638.85 4.00 3.176.58 0.01 3.999.50 2.85 3.718.369.64 7.115.157.00 6.412.95 13.88 4.22 95.77 5.453.95 2.49 3.54 4.15 7.953.63 Disbursements 1.158.103.817.30 1.04 98.00 12. has proven to be an effective mechanism for monitoring and ensuring speedy and timely completion of projects.85 5.784.net Table 3.586. .64 The monitoring visit to poly-house projects in Himachal Pradesh revealed that factors like.500. heavy rains and lack of awareness among farmers caused Poly Houses under RIDF 58 ISIEmergingMarketsPDF in-spjainmr from 115.568. ISI Emerging Markets.00 10.300.316.00 4.073.sansco. Monitoring Studies .

road projects mining. were land not toilet and water in supply due was to of missing in primary school projects.40. monitoring and evaluation.478.107 on 2013-09-02 17:18:09 EDT.66 Completed projects under RIDF realise the economic and social benefits in terms of: (i) creation of additional additional irrigation potential. especially for those states that have comparatively lower off-take of RIDF because of their weak implementing apparatus. completed time non-availability of stone.www. forest clearance. project identification. five Regional Business Meets were organized in five major regions to address various constraints in implementing RIDF. Downloaded by in-spjainmr from 115.reportjunction. for (ii) the generation rural of employment people.net for electrification. Health Centres (lakh) B.65 During 2010-11. Irrigation (lakh persondays) B.00 6.78 3.of jobs) Non Recurring Employment: A. non-availability adequate labour. which Hanging Bridge under RIDF involves several processes like. etc.No. agencies and user groups Table 3.00 23. Economic/Social Benefits of RIDF Projects 3. 1 2 3 4 5 6 Particulars Irrigation potential (lakh ha.00 26.811.176.115.45 18. Unauthorized Distribution Prohibited. F.78 36.00 85. In addition.14: Cumulative Economic and Social Benefits of RIDF Projects S. Capacity Building Support 3.83 1167.94 200.396. Primary & Secondary Schools (lakh) C.16 7 8 59 ISIEmergingMarketsPDF in-spjainmr from 115. Rural Drinking Water Supply (lakh) MW: Mega Watt T & D: Transmission and Distribution Additional benefits created 164. In Haryana. project design.768.43 94. ISI Emerging Markets.67. Hydel Power Generation (MW) B.176.476. DownloadPDF. area survey. Others (lakh persondays) Power Sector A.. Rural Roads and Rural Bridges (lakh persondays) C. health and drinking water supply.com www. preparing Detailed Project Reports (DPR) mid-term appraisal (both technical and economic).) Rural Roads (km) Rural Bridges (m) Gross Domestic Product ( ` crore) Recurring Employment (No. officials Finance G.107 at 2013-09-02 17:18:09 EDT.115. (iv) all weather connectivity/ improved connectivity to villages and marketing centers and (v) improvements in quality of life through better facilities in education. through training and capacity building of officials/ staff involved in implementing RIDF. implementing Departments. . System Improvement to minimise T & D losses (lakh units/ year) Social Sector (People /Students benefited) A. (iii) contribution to the economic wealth of the country (GDP).306.sansco.11 22315 581. etc.30. quality testing. because of a ban on acquisition. 45 regional awareness workshops have been conducted by Regional of Offices for and State other Government agencies.855.

reportjunction.176. .sansco.107 at 2013-09-02 17:18:09 EDT.net Table 3.15: Statewise Benefits Estimated Under RIDF I to XVI (As on 31 March 2011) State Irrigation (ha) Andhra Pradesh Arunachal Pradesh Assam Bihar Goa Gujarat Haryana Himachal Pradesh Jammu & Kashmir Karnataka Kerala Madhya Pradesh Maharashtra Manipur Meghalaya Mizoram Nagaland Orissa Punjab Rajasthan Tamilnadu Tripura Uttar Pradesh West Bengal Sikkim Jharkhand Chhattisgarh Uttarakhand UT of Puducherry Total 1786202 0 317317 556578 54080 1210934 868590 104992 129849 455365 231338 1313447 655034 19550 7992 2990 7471 836501 496782 421644 270322 94893 4225908 1847915 40516 73571 341065 105368 1836 16478050 Potential Bridges (m) 47286 2473 52323 21598 1410 4346 2969 18261 15000 38955 29028 37881 54143 0 4250 283 759 73632 8543 2905 43971 32101 41373 25813 3258 57500 31603 15315 327 667306 Roads (km) 31017 1010 795 4371 258 19873 2512 7771 11082 35074 3915 13454 24506 0 1326 693 1622 5679 6993 51070 31301 4389 36371 12944 2533 7049 4303 8772 172 330855 Value Prodn. (` crore) 2662 0 348 701 45 1209 1835 398 190 1121 501 3610 1435 29 10 3 8 1777 755 738 275 50 3263 1960 29 210 475 174 1 23812 Recurring Employment (Numbers) 1952853 0 102400 231693 5284 1321078 167256 414939 97738 123605 79860 1063265 270236 8808 3621 1976 3727 441160 179077 98671 270786 11175 561833 914068 26462 90742 69618 27439 1108 8540478 Non-recurring Employment Irrigation Road+Bridges (lakh Persondays) 5058 0 84 311 81 1492 706 511 214 1673 330 3123 3127 20 61 12 22 1880 654 1268 534 72 1900 1485 98 303 828 224 327 26398 5450 233 816 1166 158 954 413 610 1359 2700 706 1454 2354 0 268 65 179 2566 828 2759 3274 1085 1538 2668 410 1006 448 975 37 36479 Others 3242 62 204 537 8 1076 165 316 161 874 339 344 191 147 64 22 267 260 783 2560 1246 472 706 3670 484 464 10 49 46 18769 60 ISIEmergingMarketsPDF in-spjainmr from 115. Downloaded by in-spjainmr from 115.115.com www.www. Unauthorized Distribution Prohibited.115. ISI Emerging Markets.176.107 on 2013-09-02 17:18:09 EDT. DownloadPDF.

net The benefits generated.115. Thus. The Vehicle Operating Cost (VOC) came down due to reduction in distance and improvement in the quality of roads and bridges. connectivity. is in the process of encouraging partnerships and network relations to bring about private sector competence and funds into the realm of rural infrastructure.“Infrastructure for Agriculture Development” Occasional Paper-53 61 ISIEmergingMarketsPDF in-spjainmr from 115.67 Despite funding lakhs of projects in irrigation. NABARD is exploring the possibilities of allowing implementation of specific projects under the public-private partnership (PPP) H. Major impact of Irrigation Projects was on increase in cropping intensity (10-42%) and yield (10-50%). social sectors) on agricultural production and productivity was carried out for Chhattisgarh and Uttar Pradesh.15 and Box 3. especially perishables was also reduced due to reduction in distance and time in transportation.www. In order to leverage private resources and its model (Box 3.. rural connectivity. Other benefits accrued from the sample irrigation projects were recharge of ground water.000 persondays and recurring employment the range of 40 to 2.87 hours per family) and adequate availability of safe drinking water in schools. Wastage in marketing of agricultural produce.659 persondays per year for the sample projects.reportjunction. Other non-tangible benefits like improvement in hygiene and environment were also reported. implementing capacity. RIDF: Looking Ahead 3.1 Evaluation Studies on RIDF Projects : Feedback on Benefits Realised An econometric analysis for estimating the effect of infrastructure index (irrigation. Source : NABARD (2010).14. as at end March 2011. etc. An average of ` 6.370 persondays). Downloaded by in-spjainmr from 115. Accordingly. allied Economic benefits from Rural Water Supply Projects were in terms of time saved (1. Economic impact of Rural Roads & Bridges projects was observed in terms of increase in land prices. and other vital sectors under RIDF. banks.000 persondays per year and the recurring employment was in the range of 653 to 41. increase in land value.107 at 2013-09-02 17:18:09 EDT. availability of drinking water.1.sansco. schools and administration. Linkage by roads resulted in convenient access to hospitals. Water availability for animals and savings of time had boosted dairy activity in the sample district.50.2).107 on 2013-09-02 17:18:09 EDT. employment generation. Non-recurring employment generation was in the range of 823 to 52.115. Infrastructure index as an independent variable explained 54-78 per cent variation in agricultural productivity in the two states. increase in employment generation per year (non-recurring employment in the range of 30 to 6. Table 3. As many as 35.96 lakh was estimated to be the incremental income from enhanced dairy activity. DownloadPDF.176. shift in acreage towards cash crops. activities.38. a quick study was conducted by NABARD as well as State Governments during 2008-09. increase in crop yield for paddy (4-10%). Box 3. Unauthorized Distribution Prohibited. ISI Emerging Markets. Based on the study results/feedback received and in consultation with GoI and RBI.176. . wheat (3-8%) and sugarcane (10-20%). price of agriculture produce and cropping intensity. are presented in Table 3.com www. it is felt that the gigantic gap in rural infrastructure cannot be bridged by the state governments due to their limited budgetary resources and organisational structure. the results substantiated that infrastructure projects supported under RIDF have positive impact on agricultural production and productivity.000 persondays of non-recurring employment and 930 persondays of recurring employment per year were generated by the sample projects. increase in allied activities like dairy. NABARD as part of its repositioning exercise.

NABARD will also build-in appropriate “Finance+” services like monitoring.12 crore.115.06 lakh MT of storage space in 9 districts of the State.www.115. DownloadPDF. etc.107 on 2013-09-02 17:18:09 EDT. Assistance will be provided based upon viability of the borrowing entity and its financial condition. NIDA loan will typically be of long tenure (7-15 years) and carry rates of interest which appropriately reflect the borrower’s risk profile while ensuring business viability. ISI Emerging Markets.00 crore.107 at 2013-09-02 17:18:09 EDT. capacity building. . 62 ISIEmergingMarketsPDF in-spjainmr from 115.net Box 3. Downloaded by in-spjainmr from 115. for construction of 1. quality assurance. including track record for execution of works and delivery of services related to the specific investment being financed. A dedicated fund “Rural Infrastructure Promotion Fund” has been created during the year with an initial contribution of ` 25.176.reportjunction.com www. Depending upon need. involving loan support of ` 42..sansco.176.2 NABARD Infrastructure Development Assistance (NIDA) The first NABARD Infrastructure Development Assistance (NIDA) loan has been sanctioned to the Karnataka State Warehousing Corporation. Unauthorized Distribution Prohibited. programme management. Special Purpose Vehicles (SPV) set up under the PPP model and private entrepreneurs will also be considered on a case-to-case basis. The loans will be guaranteed against appropriate security and collateral. to increase the sustainability of the investments in the long run.

434 27.176.984 25.950 1. Rural Co-operative Credit Institutions . of which borrowing members were 598 lakh.reportjunction. as compared to the previous year.5 per cent over the previous year while that of Primary Co-operative Agriculture Rural Development Banks 4.4 In the Long Term Co-operative Credit Structure (LTCCS).971 64. and (iii) 2006-07 for Bihar 2008 94.77 per cent over the previous year (Table 4.net IV Capacity Building of Client Institutions The Co-operative Banks and Regional Rural Banks (RRB).588 90. increased by about 15 per cent each.764 74.2: Growth of Short-Term Co-operative Banks (As on 31 March) (` crore) Particulars 2009 Number Share Capital Reserves Deposits Borrowings Loans Issued Loans Outstanding P : Data provisional * : Data for the year 2010 is repeated from: (i) 2008-09 for the states of Puducherry and Sikkim.462 31 1.779 48. Unauthorized Distribution Prohibited.430 53.264 lakh.452 22.107 at 2013-09-02 17:18:09 EDT.2) indicated that their deposits as on 31 March 2010.221 63 ISIEmergingMarketsPDF in-spjainmr from 115.719 1. as on 31 March 2010.256 71.109 28.938 SCB 2010 P* 31 1.com www. Downloaded by in-spjainmr from 115.006 99.47 per cent.635 10.176. over the previous year. Both deposits mobilised and loans issued by PACS (as on 31 March 2010) registered an increase of 34. 1.570 10. marginally decreased by 0. are vulnerable to disruptions created by economic shocks.45 per cent and 27.848 57.382 DCCB 2010 P* 370 7. (ii) 2007-08 for Jharkhand.115.479 35.938 58. Performance 4.589 49.10 1.3 An analysis of the financial position of the SCB (PCARDB) marginally increased by 2 per cent during the corresponding period.199 2009 370 6.449 47. capacity NABARD of these endeavours institutions to strengthen through the various developmental and supervisory initiatives to enable them withstand such shocks effectively. . Loans outstanding of SCB increased marginally by 2 per cent while that of DCCB increased by 24 per cent in 2009-10 as compared to the previous year.272 20.28. while the and DCCB (Table 4. The borrowings of PACS also registered only an increase of 5.23. respectively.115.286 51. constituting 47. borrowings of State Co-operative Agriculture and Rural Development Banks (SCARDB). Loans issued by SCB decreased by 17 per cent and that of DCCB increased by 26 per cent during the year 2009-10. which play a very crucial role in financial intermediation in agriculture and rural development. Institutional Development A. respectively.598 1. Kerala (DCCB) and West Bengal.334 1.315 794 10.806 26. ISI Emerging Markets.323 765 11.226 22.264 598 12.107 on 2013-09-02 17:18:09 EDT.787 2010 94.1: Growth of PACS (As on 31 March) (` crore) Particulars Number Membership (lakh) Borrowing Members (lakh) Owned Funds Deposits Borrowings Loans issued Source : NAFSCOB Table 4.2 Credit The total membership of Primary Agricultural Societies (PACS) during 2009-10 stood at and that of DCCB increased by 3 per cent over the previous year.245 48.136. Loans issued by SCARDB and PCARDB during the year 2009-10 increased by 19 per cent and 13 per cent.sansco. 4.633 1.31 per cent of total membership.www.647 1.47.1). The membership as well as borrowing members declined during the year 2009-10.Overview a.403 82. the borrowings of SCB increased by 12 per cent Table 4.642 2009 95.311 23. DownloadPDF.

Jharkhand and Kerala(DCCB). # Data for 2009-10 repeated in respect of SCB and DCCB from 2008-09 in Odisha.4: Working Results of Co-operative Banks (` crore) Agency Year Total (No. Tamil Nadu and Tripura @ : Manipur SCARDB is defunct P : Data provisional loans outstanding increased by 4 per cent and one per cent. aggregate profit of ` 154 crore. . resulting in a loss of ` 364 crore (Table 4.7 An analysis at the regional level showed that during 2009-10. resulting in a overall profit of ` 1. Gujarat SCB in aggregating ` 463 crore while the remaining 3 SCB were in loss (` 210 crore). from 2007-08 in Bihar. Puducherry.www.com www.545 crore. the overall profits of SCB decreased by 22 per cent over the previous year (Table 4. **: Data for year 2009-10 repeated from previous year for SCARDB and PCARDB in the states of Bihar. Tamil Nadu and Tripura. as compared to 2008-09 (Table 4. Puducherry. Kerala.5).net Table 4. Puducherry. 47 DCCB incurred losses to the extent of ` 524 crore.. Odisha.4). resulting in aggregate profit of ` 253 crore. Tamil Nadu. respectively.176.) In Profit (No. Maharashtra (SCARDB). 4. DownloadPDF. P : Data provisional 64 ISIEmergingMarketsPDF in-spjainmr from 115. (ii) 2007-08 in Bihar. for the states of Bihar. while 390 incurred an aggregate loss of ` 518 crore during the year.reportjunction. # : Data for 1 PCARDB and 4 PCARDB in West Bengal not available for 2008-09 and 2009-10. respectively $ : Manipur SCARDB is defunct. i. 307 earned an Table 4. While 323 out of 370 DCCB earned profit of ` 1.) Loss Amount SCB 2008-09 31 26 395 5 71 2009-10*P 31 28 463 3 210 2008-09 370 321 1603 49 261 DCCB 2009-10*P 370 323 1545 47 524 SCARDB $ 2008-09$ 20 12 404 7 88 2009-10$**P 20 11 97 8 155 PCARDB 2008-09# 2009-10#**P 697 343 220 353 342 697 307 154 390 518 * : Data for SCB and DCCB repeated from : (i) 2008-09 in Odisha.176.3).3: Growth of Long-Term Co-operative Banks (As on 31 March) (` crore) Particulars Number Share Capital Reserves Deposits Borrowings Loans Issued Loans Outstanding SCARDB*@ 2009 20 814 3272 707 14773 2586 16279 2010P 20 817 3369 756 14701 3076 16879 PCARDB* 2009 697 1515 3236 467 12403 2054 11231 2010P 697 1513 3269 447 12592 2324 11377 Year 2008 2009 2010# Table 4. b. Downloaded by in-spjainmr from 115. Jharkhand and Kerala (DCCB) * Data for 2009-10 repeated from previous year in respect of SCARDB and PCARDB in Bihar.021 crore. Puducherry and Tripura * : Data for 2009-10 repeated from 2008-09. Odisha.6). Puducherry. 4. resulting in a loss of ` 58 crore.107 on 2013-09-02 17:18:09 EDT. Profits of SCB in Eastern Region marginally improved but in the North Eastern Region.107 at 2013-09-02 17:18:09 EDT. it increased four fold compared to the previous year.) Profit Amount In Loss (No. Maharashtra (SCARDB).115. ISI Emerging Markets.6 The aggregate accumulated losses of all the tiers of co-operatives in the short-term and long-term structures showed an increase as on 31 March 2010. Out of 697 PCARDB. Unauthorized Distribution Prohibited. 28 out of 31 SCB were in profit 4. Sikkim. Sikkim. Kerala. Kerala.sansco. Eleven SCARDB earned an aggregate profit of ` 97 crore.5 Working Results Profitability During 2009-10.5: Accumulated Losses (As on 31 March) (` crore) SCB# 428 404 574 DCCB # 6195 5204 5270 SCARDB * PCARDB $ 1263 1054 1188 3403 3631 4087 Data for 2009-10 Provisional. Odisha. West Bengal. Tamil Nadu and West Bengal. Maharashtra (SCARDB). over the previous year (Table 4.115. while eight incurred an aggregate loss of ` 155 crore. Tamil Nadu.

87 crore in 2009-10.30 59.00 77.98 66.39 498. DCCB Profit Loss Amt. Profit No.21 4334.58 11.176.26 91.99 505. In the case of DCCB.107 at 2013-09-02 17:18:09 EDT.39 14.36 9. Uttarakhand.05 5.63 5125. Amt. Downloaded by in-spjainmr from 115. Punjab.107 on 2013-09-02 17:18:09 EDT. Manipur and Tamil Nadu) showed declining trend in profits over the previous year.65 Gross NPA 2008-09 347.06 253.6: Region-wise Working Results of SCB # (As on 31 March) (` crore) Region Profit/Loss (+)/ (-) 2008-09 Northern North-Eastern Southern Eastern Central Western All-India 105.44 3357.7: Region-wise Working Results of DCCB (As on 31 March) (` crore) 2008-09 2009-10*# Gross NPA NPA % to Loans Outstanding 2010 Recovery % (As on 30 June) 2009 2010 Region DCCB No.53 523.59 91.65 321.22 # data for 2009-10 in respect of SCB in Bihar.80 72.08 Recovery (%) (As on 30 June) 2008-09 2009-10* 97.97 83.net Table 4.66 68.44 67.55 17.16 36.82 4469.29 49.01 447.12 43.12 37.10 6501. Haryana SCB in Northern region incurred loss during the year.34 10. which had incurred losses in the previous year turned around. 148. Amt.115.43 261. Mizoram and Odisha) improved their profit as on 31 March 2010 over the previous year. Uttar Pradesh.115. Rajasthan.com www.87 2009 2010 2009 No.56 15. While 10 SCB (Andaman & Nicobar.94 321 1602. Loss Amt.13 2009-10* 71.56 64.72 17.89 12.97 1812. Jammu and Kashmir. Delhi.87 17927.01 45.80 71.39 11. the non- performing assets (NPA) in absolute terms as well as a percentage to the loans outstanding.54 573.29 69. No.77 370 323 1544. ISI Emerging Markets.50 2009-10* 365.reportjunction.77 43. . At the aggregate level.23 95.28 593.06 24. Andhra Pradesh. 113. Amt. Amt. earning profits in 2009-10.14 crore in 2008-09 to ` 523. Unauthorized Distribution Prohibited. in respect of DCCB from Bihar.42 9. 4.67 5763. The number of loss making DCCB decreased from 49 to 47 with the losses doubling from ` 261.8 At the aggregate level.68 13.38 8 9 14 9 7 47 No. Jharkhand.47 510.58 1136. Puducherrry and Sikkim and West Bengal repeated from 2008-09 * Data for 2009-10 provisonal Western region and Assam.99 324.44 3134.33 8. as on 31 March 2010 registered decrease.www. Kerala and Odisha 65 ISIEmergingMarketsPDF in-spjainmr from 115.42 81.01 20.67 67.30 1928.47 93.29 4 9 14 14 8 49 27. 35.89 79.98 5597. Goa. Chandigarh. Chhattisgarh.36 294. No.32 10. Nagaland and Tripura SCB in North Eastern Region. Karnataka.70 67. Maharashtra.90 86. Odisha. the number of profit earning DCCB increased but were marked by a decline in their profits during 2009-10.44 453. probably due to an improvement in the recovery performance.29 753.94 62.48 (-)30.03 86.17 (-)33.84 78.57 79. No.18 7.16 NPA as % to loans outstanding 2008-09 3.64 607.45 18. Himachal Pradesh.42 67.36 314.24 6.41 63.76 44. No.03 5. Amt. 10 SCB (Madhya Pradesh.11 76.70 27.48 55.01 1599.sansco. No. Meghalaya.83 92.53 1136.73 22.78 97.81 61.16 2268.93 45.02 435.17 74. the overall profits of DCCB increased in Central and Western Regions but decreased in Northern and Table 4.91 2009-10* 3.12 37.92 469.68 16015.176. DownloadPDF.50 76.50 125.29 18.82 92. Amt. Northern Southern Eastern Central Western All-India 73 80 64 104 49 370 69 71 50 90 41 No. # Data for 2009-10 repeated from 2008-09.14 73 80 64 104 49 65 71 50 95 42 1806.02 * Data for 2009-10 provisional.

97 20.sansco. While profits of SCARDB in Chhattisgarh.56 NPA % 2009 13.91 crore (Table 4.11 5627.33 745. SCARDB incurred loss of decreased.06 (-)49. Punjab and West Bengal Haryana.com www.26 39.06 4742. DownloadPDF.78 33.115.45 2010 50.73 2010 58.37 35. The number of profit making PCARDB decreased to 303 in 2009-10 from 343 in 2008-09. Karnataka and Maharashtra.01 390 518. Kerala.31 20.176.71 33. Odisha.81 184.48 40.88 353 342. The extent of profits of DCCB increased in Chhattisgarh.04 @: Data for 2009-10 provisional. In the NE Region.12 368. While the loss making PCARDB in Table 4. of Branches 2010 85 35 56 138 349 181 844 Profit/Loss(-) 2009 69. Amt.65 2010 898.95 (-)1.77 16.00 Loss No. recorded a decrease in the level of their profits over the previous year.27 71. increased. Downloaded by in-spjainmr from 115.176.91 Gross NPA 2009 759.56 20.99 18.81 4947. Tamil Nadu.29 623. 40 259 28 34 29 203. PCARDB in all regions ` 57.47 37.00 54. Odisha.03 (-)57.03 207.8) and PCARDB incurred loss of ` 518.22 2010 34. Amt.21 174.37 66.47 480.48 19.06 6.06 crore (Table 4. Uttar Pradesh.64 15.80 249.45 56.39 2010 15.88 Northern North Eastern# Southern Eastern Central Western All India Total * Data for 2009-10 is provisional $ Data repeated for 2009-10 from 2008-09 in respect of SCARDB in Bihar. # : Data for 2009-10 repeated from 2008-09 in respect of PCARDB in Maharashtra.9) during the year 2009-10.34 Recovery % to demand 2009 64.00 (-)2.60 24.8: Region-wise Working Results of SCARDB *$ (As on 31 March) (` crore) Regions No.73 35.9 At the aggregate level.87 1251.14 41.61 25 131. Amt.9: Region-wise Working Results of PCARDB@ (As on 31 March) (` crore) 2008-09 Region No.54 40.19 316.61 2.www.69 1381.51 (-)61.14 23.73 36.57 37.45 Gross NPA NPA % to Loans Recovery % Outstanding As on 30 June 2009 35.69 98.34 696.85 42. 46 236 19 27 2009 2010 Northern 145 Southern 403 Eastern Central Western 70 50 29 145 403 70 50 29 697 1881.107 at 2013-09-02 17:18:09 EDT.29 46.27 37.92 53. .61 4. ISI Emerging Markets. The percentage of NPA to loans outstanding in all regions improved.82 (-)0.41 51.11 During 2009-10.99 2265.64 37.02 No.97 40. Tripura and West Bengal # Manipur SCARDB is defunct Southern Regions during the year 2009-10.115.76 1424. except in the Northern Region (Table 4.19 50.32 36.57 30. 4.13 4867. 4.15 48. the losses of SCARDB increased. 2009-10# Profit No.02 (-)3.11 313.81 60.48 7.08 Loss Amt.65 34. SCARDB in Southern and Western Regions slipped into loss making entities. Gujarat.107 on 2013-09-02 17:18:09 EDT.04 78.06 40.79 1300.75 614. 99 167 50 23 4 72.85 36. Jammu and Kashmir.98 69.78 2009 2010 39. 105 144 38 16 0 51.7).25 0.39 16.net Table 4.93 1724.22 303 154.76 19.65 7.11 56.60 No.reportjunction. 75.05 2287. Puducherry.20 95.95 709.04 80. Profit No. profits of SCARDB in Pradesh and Uttar Pradesh Himachal 4. Puducherry and Tamil Nadu 66 ISIEmergingMarketsPDF in-spjainmr from 115. profits of the SCARDB increased in Eastern Region. Unauthorized Distribution Prohibited.83 39.21 46.39 49.10 During 2009-10.30 All-India 697 343 220.65 63.21 77.89 22.15 31. Madhya Pradesh.91 42.18 56.86 51.60 51.

60 1113.09 per cent (excluding miscellaneous income of 0. showing an increase of 14 and 3 per cent.82 per cent). Goa and Maharashtra continued to have high levels of NPA. DownloadPDF. yielding a financial margin of 2.06%). SCB as a group earned a positive net margin of 1. respectively during 2009-10. as a percentage to working funds were 1. Unauthorized Distribution Prohibited.47 ^ Data for 2009-10 Provisional * data for the year 2009-10 in respect of SCB and DCCB repeated from (i) 2008-09 in Odisha. over the previous year. Jharkhand and Kerala (DCCB) # Data for the states of Bihar. improved to 9.09 5627. Maharashtra (SCARDB).015.00%). resulting in a financial margin of 2. (Table 4.08 and 13. registering a decline of 22 and 11 per cent. Provisions required 2861.6 and 4.176. Kerala.25 7084.31 2613.08 per cent during 2009-10. as a group.54 20.16 The non-performing assets in SCB was the lowest ii 4.34 per cent and 0.22 per cent for PCARDB.05 per cent. Non-Performing Assets (Gross) and Recovery Performance 4. respectively.52 per cent while the cost of funds was 5. PCARDB in only 4 States had positive net margin.107 on 2013-09-02 17:18:09 EDT. In the Eastern (9.13.reportjunction.45 10871.14 During the year 2008-09.00 per cent. In the case of DCCB. respectively. from 11. and these regions had a lower percentage of NPA as compared to the all-India average of 9.107 at 2013-09-02 17:18:09 EDT.84 28. as compared to the all India average (13. The DCCB. gross NPA was higher than the all-India average.17 4867. the overall return on in the Northern Region (3. Assam. The average transaction cost and risk cost of SCB during the year worked out to 1. and marginally increased to 42. The asset classification of NPA of SCB.45 crore for DCCB.39 per cent in the previous year.36%) and Central (7. during the corresponding period. 13 had positive net margin and the remaining 6 had negative net margin. Downloaded by in-spjainmr from 115. as on 31 March 2010. SCB in Arunachal Pradesh.55 per cent.04 1040.56 2757.57 per cent). Meghalaya. respectively. Odisha.115.34 per cent from 30.89 per cent and 1.10: Composition of NPA of Co-operative Banks (As on 31 March 2010^) (` crore) Asset SCB* DCCB* SCARDB#$ PCARDB# Classification Sub-Standard Doubtful Loss Assets Total NPA Provisions made 1412.78 per cent from 42.sansco.22 16015. the percentage of gross NPA to total loans and advances outstanding in respect of both SCB and DCCB. Jammu and Kashmir.02 per cent during 2009-10 compared to net margin of 0. NPA in Eastern (5.www.02 per cent as on 31 March 2009. Western (18.30 per cent.47 per cent (excluding miscellaneous income of 2. Kerala. as on 31 March 2010.82 798.16%).25 12300. Northern (8.28 1445. Uttar Pradesh.12 Costs and Margins During 2009-10. The percentage of gross NPA to total loans and advances outstanding in the case of SCARDB.57 per cent during 2008-09. SCARDB and PCARDB are given in Table 4.com www. Himachal Pradesh. Andaman and Nicobar.03 2081.42%) and and North-Eastern (36.99 4469.net Central Region reported reduced lossess. gross NPA was estimated at ` 4. Tamil Nadu and Tripura repeated from previous year $ Manipur SCARDB is defunct 67 ISIEmergingMarketsPDF in-spjainmr from 115.56 1188. PCARDB in other regions reported increased losses during 2009-10 over the previous year (Table 4.176.16 crore for SCB and ` 16.115.469.80 per cent during 2009-10. 4.7) In absolute terms. Tamil Nadu and West Bengal.03%) regions were lower during working funds was 7. ISI Emerging Markets. Sikkim. respectively. SCB as a group earned an overall return of 7. out of 19 SCARDB.10.18%). Mizoram.13 iii. 4.35 2257. .16 4438. Manipur. earned net margin of 1. Puducherry.56 crore and `4867. Table 4. 4. Tripura.93 2146. The gross NPA of SCARDB and PCARDB were estimated at `5627.39 per cent while the cost of funds worked out to 5.91 and 18. increased to 33.9). (ii) 2007-08 in Bihar. Bihar.35 per cent. followed by Southern (5. Nagaland.05%) regions. The average transaction cost and risk cost.92 6317.99 3460. DCCB. Chandigarh. Chhattisgarh.29%) Regions.89%) and Southern (12. as on 31 March 2010. In the case of DCCB.04 crore.15 At the aggregate level.

90 2009 91. Himachal Pradesh and Punjab had low levels of NPA. # Data for 2009-10 in respect of SCBs and DCCBs repeated from 2008-09 in Kerala (DCCB). However. and 2007-08 in Jharkhand $ Manipur SCARDB is defunct decreased to 91 per cent as on 30 June 2010.) $ 2009 * 9 2 6 2 19 2010^* 10 4 4 1 19 PCARDB (No. Jammu & Kashmir. Manipur. Punjab and Rajasthan. Haryana. the recovery of loans during 2009-10 improved to 41 per cent compared to 39 per Pradesh. Tamil Nadu and West Bengal. Unauthorized Distribution Prohibited. Table 4. Odisha. Maharashtra.11).) 2009 382 173 98 43 696 2010** 337 205 113 42 697 * : Data provisional for the year 2009 # : Data for the year 2009-10 in respect of SCB and DCCB repeated from (i) 2008-09 in Odisha. The PCARDB in the Southern (48. Kerala. as on 30 June 2010.) 2010# 4 2 8 17 31 2009 102 82 101 85 370 DCCB (No. In the case of PCARDB also.176. DownloadPDF. from 92 per cent as on 30 June 2009. Tamilnadu and SCARDB in Maharashtra repeated from previous year.18%) and Eastern (46. from 2006-07 in Bihar. Madhya Pradesh.88% in 2009-10. The loan recovery of SCARDB in Assam and Uttar Pradesh increased considerably to 36 per cent and 43 per cent.61 50. Puducherry. Haryana. Uttar Pradesh. Sikkim.107 at 2013-09-02 17:18:09 EDT.107 on 2013-09-02 17:18:09 EDT.Jharkhand and Kerala (DCCB).94 40.88 40.115. Himachal Pradesh. as on 30 June 2010.115.176. Sikkim. The loan recovery in respect of PCARDB in Chhattisgarh. SCB in Uttarakhand.27%) regions registered higher levels of recovery. from 73 per cent as on 30 June 2009 (Table 4.12: Frequency Distribution of Co-operative Banks According to Range of Loan Recovery Percentage (As on 30 June) (Number) Recovery (%) 2009 <40 >40 to <60 >60 to < 80 >80 Total 4 2 9 16 31 SCB (No. $ : Manipur SCARDB is defunct. Downloaded by in-spjainmr from 115. Gujarat. Haryana. Madhya Pradesh. The loan recovery of Chhattisgarh SCB increased considerably to 80 per cent from 59 per cent.60 4. Puducherry. from 31 per cent and 38 per cent as on 30 June 2009.48 2010* 91. while they were very high for DCCB in Jharkhand. Rajasthan and West Bengal.73% in 2008-09 to 40. Kerala. Meghalaya and Nagaland showed during 2009-10. Low recovery performance and its declining trend were recorded by SCARDB in Chhattisgarh.18 The average loan recovery of SCARDB marginally improved from 40. Rajasthan. Table 4. . Assam.) 2010#@ 47 77 121 124 369 SCARDB (No.40 40.78 72.www.17 The average loan recovery of SCB marginally * Data Provisional for the year 2009-10. Delhi. Maharashtra. The loan recovery in respect of PCARDB had declined in Karnataka. Arunachal Pradesh and Tripura had improved their loan recovery performance. (ii) 2007-08 in Bihar. Tamil Nadu and West Bengal.11: Percentage of Recovery of loans to Demand (As on 30 June) Agency SCB DCCB # SCARDB* $ PCARDB* 2008 84. Haryana.sansco. Tamil Nadu and West Bengal. SCB in Uttar Pradesh. Madhya Pradesh.reportjunction. decline in recovery of loans cent during 2008-09. WB. ISI Emerging Markets. over the previous year.com www. Himachal 4.59 55.net 2009-10. @: data for one DCCB in MP not available ^: Data for SCARDB and PCARDB in Bihar. Chandigarh.22 74. Chhattisgarh. Andhra Pradesh. Maharashtra and Punjab showed improvement. Jammu and Kashmir. as on 30 June 2010. 68 ISIEmergingMarketsPDF in-spjainmr from 115. Andaman & Nicobar. while that of DCCB increased to 75 per cent as on 30 June 2010.17 40.73 39. as on 31 March 2010.

20 NABARD. Odisha.12 to 4. Bihar (10). and Maharashtra repeated from previous year 69 ISIEmergingMarketsPDF in-spjainmr from 115. Rajasthan (15). Maharashtra. Karnataka (7) Punjab. Odisha (5). Supersession of Elected Boards 4. Uttarakhand. Jharkhand and Kerala. Jharkhand (1).14. Rajasthan (16). as a matter of policy. Odisha (4). Jammu & Kashmir. Puducherry (2) Total 19* * Data in respect of Manipur SCARDB and Maharastra SCARDB not available . Manipur and Meghalaya (4) DCCB @ Bihar (5). Gujarat (5). Sikkim. Mizoram. continues to emphasise the need for co-operative banks to be Table 4. Tripura. Karnataka (1). Jammu and Kashmir (1). Tamil Nadu (2). Bihar (6). Uttarakhand (6).14: Frequency Distribution of States/UT according to Levels of Loan Recovery of SCARDB and PCARDB (As on 30 June 2010) Recovery < 40 % SCARDB Assam. Gujarat. Himachal Pradesh (1). c. Himachal Pradesh. Puducherry. West Bengal (5) (77) Assam. Madhya Pradesh (7). Kerala. Madhya Pradesh (7). Rajasthan (1). Rajasthan (4). Madhya Pradesh (2). Gujarat (3). Tamil Nadu (8). Delhi. Puducherry. Karnataka (37). ISI Emerging Markets. Tamil Nadu (3). West Bengal.com www. Haryana(4). Jammu & Kashmir (1). Karnataka (77). Uttar Pradesh. Data in respect of SCARDB and PCARDB for the states in Bihar. Jammu and Kashmir (1). West Bengal (17) 31 Andhra Pradesh (12). Rajasthan (10).www. Haryana. Chhattisgarh. Karnataka (5).176. Maharashtra (2). (ii) 2007-08 in Bihar. Tamil Nadu (8) Haryana. Haryana (14). Jharkhand (7). Madhya Pradesh (14). Tamil Nadu (14). Punjab (8). Rajasthan (4). Bihar. Gujarat (9). Downloaded by in-spjainmr from 115. Goa. Unauthorized Distribution Prohibited. Tamil Nadu (170).115. Odisha (4). Kerala (15). Gujarat. Haryana (5). Tamil Nadu (5). Tamil Nadu. Kerala. West Bengal. Tamil Nadu and West Bengal. Tripura (2) PCARDB Chhattisgarh (2). West Bengal (7) (121) >60 and <80% >80% Andhra Pradesh. Kerala (3). and Kashmir (2) Maharashtra (10). West Bengal (2) (47) 697 > 60% and < 80% > 80% Kerala. Uttarakhand (1). Odisha (4). Punjab(1).net Table 4. Karnataka. Maharashtra (8). Karnataka (59). West Bengal (3) (47) >40 and <60% Andaman & Nicobar and Jammu Andhra Pradesh (2). Kerala (2). Madhya Pradesh. Rajasthan (15). Kerala (3). Punjab. . Himachal Pradesh (1). Karnataka (4).sansco. Kerala (20). Maharashtra. Himachal Pradesh. Madhya Pradesh (8). Madhya Pradesh (8). DownloadPDF.19 The frequency distribution of loan recovery of banks in the co-operative structure are presented in Tables 4. Chhattisgarh (4). Punjab (29). West Bengal (9) (177) Chhattisgarh (3). West Bengal (2) (105) Karnataka (4). Uttar Pradesh (15). Chhattisgarh (1). Uttarakhand (2). Rajasthan. Uttar Pradesh (16). Sikkim. Gujarat (1). (8) Andhra Pradesh (8). Bihar (1). Kerala (8). Odisha. Tamil Nadu (1). Punjab (19). Himachal Pradesh (1). Bihar. Madhya Pradesh (29). Chhattisgarh (1). Kerala (9). Chhattisgarh. Odisha (26). Uttar Pradesh (7). West Bengal (2) (124) Total 369 Data for the year 2009-10 in respect of SCBs and DCCBs repeated from (i) 2008-09 in Odisha. Maharashtra (11). Odisha (5).176. Madhya Pradesh.107 on 2013-09-02 17:18:09 EDT. Nagaland. Karnataka (11). Odisha (11). Odisha (4).13: Frequency Distribution of States/UT according to Level of Loan Recovery of SCB and DCCB (As on 30 June 2010) Recovery (%) <40 SCB Arunachal Pradesh. Uttar Pradesh (12). Punjab (24). Uttarakhand (1). Chandigarh. Punjab. Uttar Pradesh. @: data for one DCCB in MP not available 4. Punjab (28). Maharashtra (29).107 at 2013-09-02 17:18:09 EDT.115. West Bengal (11) (368) > 40 % and < 60% Chhattisgarh (7).reportjunction. Rajasthan. Gujarat. Haryana (15).

During 2010-11. which in turn contribute to their functional efficiency. with an initial contribution of ` 10 crore. building up quality MIS. The revised fourth phase of DAP/MoU (for both ST and LT structure).176.sansco. constituted in 1993 under Section 45 of NABARD Table 4. respectively. During 2010-11.www.24 NABARD has decided to offer support to cooperative banks in Core Banking Solution (CBS). Assistance from the CDF is available to co-operatives in the form of soft loans/ grants for resource mobilisation. financial assistance of ` 6. Cooperative Banks SCB* 31 9 29 DCCB* SCARDB* PCARDB* 370 86 23 20 6 30 697 265 38 have been advised to express willingness to opt for the Application Service Provider (ASP) model of CBS. i.15). is replenished every year through contributions from NABARD's surplus. is more institution specific and participative with close involvement of the Board of Directors and repositions NABARD. 21 SCB and 10 SCARDB and state governments concerned had executed DAP/MoU for 2007-12 (Phase IV) with NABARD. Despite this. The DAP are regularly monitored and reviewed in the State Level Task Force (SLTF)/District Level Monitoring and Review Committee (DLMRC) meetings. stood at ` 125 crore.17 crore and ` 87.23 Organisation Development Initiatives (ODI) being conducted by NABARD since 1994-95.reportjunction. 4. ISI Emerging Markets. Under the project. capacity building and streamlining of operations. As on 31 March 2011. RBI and the Registrar of Co-operative Societies (RCS) as external facilitators.107 at 2013-09-02 17:18:09 EDT. is a re-engineering process. iii. 4. spanning from April 2007 to March 2012.43 crore was sanctioned and ` 6. as on 31 March 2011. As on 31 December 2010.115. Organisation Development Initiatives 4. ODI have been conducted in 18 Co-operative Banks (SCB and DCCB) and 2 RRB.22 Co-operative Development Fund The Co-operative Development Fund (CDF).107 on 2013-09-02 17:18:09 EDT.15: Elected Boards under Supersession (As on 31 March 2010) Particulars Total Institutions (No. Development Initiatives of NABARD Development Action Plans / Memorandum of Understanding disbursements were ` 98. human resource development. the practice of superseding elected Boards continued in some States.57 crore.05 crore disbursed (including disbursements against sanctions of previous years). duly elected Boards were superseded in 9 SCB and 86 DCCB in the ST Structure. DownloadPDF. One of the covenants of the Memorandum of Understanding (MoU) executed by State Governments under the GoI revival package for STCCS stipulates that co-operative banks should be managed by duly elected Boards of Directors . Other Developments Core Banking Solution Project for Cooperative Banks ii. under its repositioning initiatives.21 The process of preparing institution specific Development Action Plans (DAP) and execution of MoU began in 1994-95. As on 31 March 2010. and in 6 SCARDB and in 265 PCARDB in the LT Structure (Table 4. Act 1981.net managed by duly elected Boards of Management. Three phases have been completed with PACS included during the third phase (2004-05 to 2006-07). The balance in the Fund. .115.) Boards under Supersession (%) *: Data provisional 4.) Boards under Supersession (No. cumulative sanctions and d.com www. Downloaded by in-spjainmr from 115. e.. NABARD would play the role of an advisor and facilitator and ensure that the interests of the banks are protected throughout the implementation process.176. Unauthorized Distribution Prohibited. which facilitates RRB and Co-operative Banks in achieving sustainable viability and financial inclusion. i. 70 ISIEmergingMarketsPDF in-spjainmr from 115. etc.

115.www. while in the remaining States where the MoU has been signed. Common Management Accounting Information System System. So far. ` 364. Special audits of SCB have been completed in 10 States. In order to have a better understanding of the risk perceptions of PACS.639 PACS across 25 States to arrive at the precise amount of losses after factoring in prudential provisioning norms and the sharing pattern. The special audit of DCCB has been completed in ten states and approval pending from SLIC in respect of three States. During the year. Once operationalisation of CAS/ MIS is complete and development of capacities to manually maintain the new system is achieved. were completed in 80. The Core Software has been finalised by NABARD and sent to all 18 States that have opted for it. the of The under STCCS legal/ Computerisation in PACS 4.176. a questionnaire was circulated and requisite information obtained from 467 PACS of 49 DCCB in 9 States. While an amount of ` 8.314 ineligible PACS in Gujarat and Maharashtra. have executed the MoU with GoI and NABARD. Standard Audit Manual for PACS 4. The revised guidelines for rolling out of software. 71 ISIEmergingMarketsPDF in-spjainmr from 115.com www. Haryana and Tamil Nadu through software developed on their own. f. The objectives were: (i) Revising audit framework for PACS in consultation with the stakeholders. Revival Package for Short-Term Rural Co-operative Credit Structure iii.115.107 at 2013-09-02 17:18:09 EDT. twenty one States have amended their CSA.45 crore has been released by NABARD as GoI share for recapitalisation of 53. The draft amendments proposed by the remaining four States have been vetted by NABARD. i. the units liberal GoI in 2006. ISI Emerging Markets. the draft audit manual for PACS is being prepared. and and 4.28 The participating States are required to amend their Co-operative Societies Acts (CSA) for securing the democratic character and autonomy of co-operatives and for their regulatory control by RBI. Downloaded by in-spjainmr from 115. Training on CAS/ MIS has also been initiated.77 crore as their share. as computerisation of CAS/MIS would start. on 31 March 2004.25 NABARD-GIZ Rural Finance Institutions the State Governments have released ` 816. for implementing the revival package integrated envisages through announced package provision Special by for of Audits. (ii) Developing a Model/Standard Audit Manual for PACS based on the revised audit framework. Gujarat. even as previous amendments in two of these States are awaiting Presidential assent.661. financial assistance introduction institutional reforms and initiating measures to improve the quality of management. the RCS concerned have been advised to adopt CAS on the lines suggested by NABARD. the rules and bye-laws of the societies are being revised by the States.380 PACS in sixteen states till 31 March 2011.107 on 2013-09-02 17:18:09 EDT.176. 4.77 crore was released to DCCB as GoI share in respect of 1. Unauthorized Distribution Prohibited. Computerisation of PACS is in progress in Andhra Pradesh.sansco. Jammu & Kashmir and Uttarakhand are yet to decide on computerisation. Based on the amendments. DownloadPDF. Punjab.26 Twenty-five States (covering 96 per cent of the STCCS in the country). (iii) Developing audit rating tool for PACS. Legal Reforms 4.29 The Accounting process System of adoption and of Common (CAS) Management Information System (MIS) formulated for PACS is underway in 16 States. Based on this information.27 Special Audit and Release of Funds Special audits of the units under STCCS. . Programme (RFIP) undertook the task of preparation of Standard Audit Manual for PACS through study visits to Gujarat and Orissa in May 2010. training of PACS staff and hardware procurement were sent to all the implementing states and the process of dry run is being initiated in these States. ii. and (iv) Developing a training programme for PACS auditors on the revised audit system.reportjunction.net ii.

• A 43% growth over March 2005 position farmers. World Bank Assessment • • CAS introduced and training imparted. As on 31 March 2011. capacity building of Board Members and functionaries of STCCS. As on 31 March 2011.com www. respectively) and of PACS (AAGR of 5% in MP. Recovery rates of the DCCB/SCB have improved. Unauthorized Distribution Prohibited.000 in World Bank funded states) • Staff/Boards of DCCB trained in governance. Lucknow.354 elected Board Members of PACS from 14 States. share holding reduced to less than 25% of the total share capital in majority of the banks. 37-106% in AP and 23% in Bihar).115. DownloadPDF.net iv. vi.173 bank supervisors/ departmental auditors. MP & Bihar). CCS staff and Board Members imparted training under eight modules.reportjunction. training on CAS/ MIS has been provided to 70. 368 CEO of DCCB from 16 States. a draft Institutional Protection and Deposit Safety Scheme (IPDSS) for PACS was finalised and submitted to the Govt of India for approval. CAS introduced and training imparted.595 District Level Trainers (DLT). which is awaited.www.899 PACS functionaries and 4. Elections conducted in all PACS and professionals being co-opted on their Boards.000 (over 60.176. • • B.31 With a view to securing the deposits of PACS.047 Directors of DCCB/ SCB from 14 States. has been registered in the coverage of small and marginal 72 ISIEmergingMarketsPDF in-spjainmr from 115. 36. Far reaching amendments to Co-operative Societies Act.176.037 Secretaries of PACS from 18 States. Further. • • Elections to all three tiers of the CCS Introduction of Fit & Proper criteria to the Boards and CEO of DCCB & SCB. 4. training has been imparted to have been trained.30 HRD Initiatives The package lays emphasis on training and Till date. Bangalore and ISEC. CEO of SCB in six NER States and 2. Impact Studies • • • Recap assistance has helped cleansing of Balance Sheet and improved share capital of both PACS and DCCB. Bengaluru were entrusted with the task of conducting Box 4.40. which would provide them a better standing among members / clients and better access to finance. Reduction in NPAs of PACS and DCCB (AP. Ground level credit in the four states has increased by 120% in aggregate terms over March 2005. Training imparted country wide covering 2. During the year. who in turn have trained 2. Govt. In addition. 4.582 Branch Managers/Senior Officers of DCCB/ SCB v.107 at 2013-09-02 17:18:09 EDT.107 on 2013-09-02 17:18:09 EDT.sansco.125 PACS staff in eight States have been trained under this module. These master trainers have trained 556 DLT from six implementing states. 330 master trainers from 23 States. • • Conduct of Statutory Audit by CA in DCCB & SCB. Increase in volume of business and credit flow of DCCB (Average Annual Growth Rate (AAGR) of 4% and 8% in AP and Bihar. Downloaded by in-spjainmr from 115. (ii) a new programme on Business Development and Profitability for PACS Secretaries in which 76 master trainers from 14 implementing States were trained at Bankers Institute for Rural Development (BIRD). • • • • • • • accounting and business planning. Increase in coverage of SF/MF by PACS. 1. PACS making conscious efforts to improve/diversify business and earn profits.32 Impact of the Revival Package Reputed institutes like IIM. 1.12. ISI Emerging Markets.1 Impact of GoI Revival Package for STCCS A. .115. the following new modules were rolled out: (i) a fiveday in-campus orientation programme for Branch Managers/ Senior Officers of DCCB/ SCB for business development/ diversification. training has been imparted to 81. CEO of DCCB being appointed as per "Fit & Proper Criteria". Deposit Safety System for PACS 4.

18 1775. The performance of RRB varied widely across the regions in 2009-10. reserves and net worth of all the RRB increased to 73 ISIEmergingMarketsPDF in-spjainmr from 115.06 27 72903.00 3984.13 80 1823.35 Financial results of RRB for the year 2010-11 indicated that 79 out of 82 RRB had earned pre-tax profit to the extent of ` 3470 crore.59 95245. is expected to improve as compared to the previous year.115. Andhra Pradesh. B.30 6753. While all RRB in the Eastern.65 65909. compared to ` 2515 crore in 2009-10.80 26 25 February 2010.30 43367. respectively. the number of RRB Net Profit (A -B) $ Accumulated Losses RRB with accumulated losses (No.16) spread over 618 districts in twenty-six States and one UT (Puducherry). World Bank also conducted monitoring studies in four states.72 80.1). the aggregate reserves. as on 31 March 2011. The accumulated losses of RRB decreased by 23 per cent over the previous year. in 4.net impact studies in six states. C. DownloadPDF. During the year under review. with a network of 15. Chaturvedi. Bihar. Announcement of the Package by the GoI is awaited.) Branch Network (No. submitted Loans & Advances (Outstanding) Loans Issued RRB Earning Profit (No.16 27216.06 79379.31 80. North-Eastern and Southern region incurred losses (Table 4.24 79 2514. Maharashtra. UP and Odisha.com www.. The viability of RRB. Haryana.92 67802. Rajasthan and Tamil Nadu of the implementation of the revival package during the last 3 years. 77.10 12566.reportjunction. Downloaded by in-spjainmr from 115. to review the need for a separate package for Revival of Long Term Co-operative its report Credit to the Structure GoI on (LTCCS).00 3959. Revival of Long-Term Rural Co-operative Credit Structure Deposits Borrowings Investments 145034.17).16: Indicators of Performance of RRB (As on 31 March) (` crore) Particulars No. viz.14 8610. Regional Rural Banks a. constituted by the GoI under the Chairmanship of Shri G.www.50 10472.567 crore.10 101039. viz.99 120189.90 9678.176.115.) Amount of Profit (A) $ RRB incurring Losses (No.90 8065.) Recovery (%) NPAs to loans outstanding (%) Net worth operating in the country was 82. Northern and Western regions were in profit. The estimated aggregate 2010-11.95 174041.00 3984. Madhya Pradesh.33 The Task Force.82 1366. The impact studies by the IIM and ISEC and the World Bank assessment have brought out a number of positive features (Box 4.16).26 2011 P 82 15938 197.10 2010 82* 15480 197.85 4. Gujarat. one RRB each in Central.107 at 2013-09-02 17:18:09 EDT.107 on 2013-09-02 17:18:09 EDT.98 31 56079.65 3464.01 79 3470.09 3.47 3 5.03 3.64 2299.34 Post amalgamation. .678 crore and ` 12.65 2509. * : Number reduced due to amalgamation $ : Before Tax P : Provisional ` 9. Table 4.) Share Capital Share Capital Deposit Reserves 2009 86* 15181 197.176. Similarly.99 4.31 g. of RRBs (No.94 18770.938 branches (Table 4.52 deposits and investments of RRB increased by 20 per cent each while loans and advances (outstanding) increased by 22 per cent (Table 4.sansco. Unauthorized Distribution Prohibited..91 1787.83 3 5.) Amount of Loss (B) 82819.90 12734. ISI Emerging Markets.55 6 35. Financial Performance 4.

55 3. Odisha (3).06 13255.58 75.176. Arunachal Pradesh (1).com www.82 81.36 The estimated at 80.17).77 1775. .93 180.98 852.83 Amount 361. compared to 80.03 b.net Table 4. Uttar Pradesh (3). Karnataka (1) Andhra Pradesh (3). Odisha (1). Unauthorized Distribution Prohibited.76 28472.27 13310.17: Region-wise Working Results of RRB (As on 31 March 2010) (` crore) Region RRB No. viz. Kerala (2). Two regions. – 1 1 – 1 – 3 Amt. Jammu & Kashmir (1).40 73. while 37 RRB had recovery levels ranging above 60 c.56 93.sansco. Bihar (1).70 905. Assam (1). Meghalaya (1). Madhya Pradesh (5). Tamil Nadu (2).82 15 8 16 14 23 6 82 15 7 15 14 22 6 79 2.65 Net Profit Accumu lated Losses Loans & Advances O/S Gross NPA Recovery (%) (As on 30 June) % 2009 2010P 85.45 76.47 82.35 707.45 – 5. Puducherry (1).176.72 2514. Northern North-Eastern Southern Eastern Central Western All India P : Provisional Loss Incurring No. as on 30 June 2010. Gujarat (2). Odisha (1). as on 30 June 2009 (Table 4. Chhattisgarh (2).18). ISI Emerging Markets.107 on 2013-09-02 17:18:09 EDT.00 163.04 3084. Karnataka (2).50 86.107 at 2013-09-02 17:18:09 EDT.35 3961.98 854.02 6.21 196. West Bengal (3) >80 39 Andhra Pradesh (2).11 7. Gujarat (1). Nagaland (1).22 – 2.77 600.03 per cent.98 0. as on 31 March 2010.09 per cent.www.83 74.64 88.36 4. Madhya Pradesh (1).17 82819. Rajasthan (6). RRB as a group in the Northern and Southern region registered a recovery performance above the national average. Assam (1). Six RRB had recovery more than 40 per cent but below 60 per cent (Table 4. Chhattisgarh (1). Maharashtra (1).90 20790. Tripura (1).18: Frequency Distribution of States According to Levels of Recovery of RRB (As on 30 June 2010) Recovery (%) < 40 > 40 and < 60 > 60 and < 80 0 6 37 Nil Bihar (1).72 80.10 75. Downloaded by in-spjainmr from 115.70 74. Non-Performing Assets 4. Karnataka (3).115.01 77. Haryana (2). Punjab (3). Jharkhand (1).36 Amt. 361.reportjunction.27 407.09 80. Bihar (2). Recovery Performance recovery performance of RRB was per cent but less than 80 per cent. Uttar Pradesh (7).69 72. Mizoram (1). Maharashtra (2).50 2.01 4.18 208. – 2. DownloadPDF.17 933.95 86.37 The aggregate gross NPA of all RRB declined from 4. Himachal Pradesh (2).14 per cent as on 31 March 2009 to 3. A recovery of above 80 per cent was achieved by 39 RRB in the country.72 per cent. Manipur (1).65 3028.115. Madhya Pradesh (2). Jharkhand (1).29 1235..52 0. Uttarakhand (2) States 74 ISIEmergingMarketsPDF in-spjainmr from 115. Northern and Southern regions had NPA as Table 4.37 707.72 2509. Profit Earning No.56 96. 4. Jammu & Kashmir (1).92 80.56 86.10 268.05 407.

training. under the Chairmanship of Hon'ble Union Finance Minister. CBS has been fully implemented in 32 RRB and is in progress in other RRB. Branch Expansion Programme/Core Banking Solution e. as on branches by March 2011.176. etc. Against this.19). of India 4. Performance Review by Govt. 2008. Capital to Risk-Weighted Assets Ratio g. Unauthorized Distribution Prohibited. The gross NPA level is expected to be at 3. As on 31 March 2010. Capitalisation of RRB 4. in July 2010.115. It is now compulsory for all new branches to be equipped with CBS. (iv) bring all their branches under including financial assistance.71 crore to four RRB as on 31 March 2011.38 Consequent 4. Total number of business accounts (deposit plus loan accounts) with RRB stood at 1188. the GoI had made a provision of ` 350 crore for 201011 in the Union Budget. (v) prepare time-bound plan for wiping out their accumulated losses and (vi) make concerted efforts for improving CRAR.39 After approving the major recommendations of the Committee on Capitalisation of RRB for 4. ISI Emerging Markets. introduced in 2007-08. h. as on 31 March 2011.41 Based recapitalisation assistance to RRB and (ii) funds under ADWDR Scheme. Development Initiatives i.sansco.com www. the Hon'ble Union Finance Minister also advised RRB to make earnest efforts to (i) achieve the goal of opening 2000 new branches by 31 March 2011.176.43 The RRB have emerged as a strong intermediary for Financial Inclusion in rural areas by opening large numbers of "No Frills' accounts and financing under General Credit Card (GCC).reportjunction. priority sector and agricultural lending. As on date. etc. 75 ISIEmergingMarketsPDF in-spjainmr from 115. 2010. reduction in NPA.107 at 2013-09-02 17:18:09 EDT. Chakrabarty).115.net percentage to loans outstanding below the all-India average. the Capital to Risk-Weighted Assets Ratio (CRAR) of RRB has improved. RRB were directed by GoI to implement CBS in all their branches by September 2011. in 26 states and one UT. while 6 RRB had CRAR between 7 and 9 per cent. While appreciating the performance of RRB in the areas of deposit growth.40 In continuation of the mechanism for reviewing the performance of RRB by GoI.. DownloadPDF. a Review Meeting was held in July 2010. the GoI had released its share of ` 61. The sponsor banks are required to extend all necessary help in this regard. RRB had opened 463 new branches taking the cumulative number of branches of all RRB to 15938 spread over 618 districts. (iii) draw Action Plan for achieving 100 per cent Financial Inclusion. for recapitalisation of RRB.42 RRB were given a target of opening 2000 new In the current year. the GoI issued the RRB Service Regulations. 31 March 2011. ii. d. C. f. GoI also notified the RRB Appointment & Promotion Rules 2010.50 per cent.www. upon the release of (i) Human Resource Development on the recommendations of the 4. . K. 53 out of 82 RRB had a CRAR of 9 per cent and above. Financial Inclusion 4.107 on 2013-09-02 17:18:09 EDT. as on 31 March 2010 (Table 4. Amaresh Kumar Committee. maintaining CRAR (Chairman : Dr.83 lakh. back office support. CBS by September 2011. Downloaded by in-spjainmr from 115. (ii) attain Gross NPA level of less than 5 per cent.

artisans.44 NABARD inspects SCB and DCCB in terms of the powers vested under Section 35(6) of the Banking Regulation Act. in lakh) Of total Loan Accounts. guiding and facilitating functions.67 GCC 2.64 21. 1949 (As Applicable to Cooperative Societies) and RRB under Section 35(6) of the Banking Regulation Act.reportjunction. Board of Supervision 4.81 200.84 67. DCCB and RRB not complying with minimum capital requirements as stipulated under the B. A. Act.03 0. portfolio studies. of Loan Accounts 171. Besides. of Deposit Accounts 2007-08 2008-09 2009-10 758. met four 76 ISIEmergingMarketsPDF in-spjainmr from 115.83 SSI.RRB (As on 31 March 2010) (No.107 at 2013-09-02 17:18:09 EDT. Apex level Co-operative borrowings Societies outstanding and from Federations it.87 83. The statutory inspections of those DCCB and RRB with positive net worth and voluntary inspections of Apex Co-operative Societies/ Federations are conducted biennially.22 4. after 45 days of issue of Inspection Reports. ISI Emerging Markets. State Governments (in respect of co-operative banks) and Sponsor Banks (in respect of RRB) for corrective action.97 KCC 69.02 935. Inspection of Banks Considering unique nature of all these institutions. encompassing inspections (on-site and off-site).72 Tenants 1.54 1002. .com www. major areas of Financial Inclusion Year No. having the 3 Apex Societies had been conducted. to secure satisfactory compliance on core inspection findings.115. Downloaded by in-spjainmr from 115. 1949. is very comprehensive and holistic. Unauthorized Distribution Prohibited. apart from ensuring conformity with banking regulations and prudential norms.35 3.115.17 153.20 170. ‘No-Frills’ Accounts 81. 229 DCCB and 42 RRB) and voluntary inspections of 18 SCARDB and conducts voluntary inspections of SCARDB. which were communicated to the banks concerned. meetings were also held with the CEO of the banks concerned. SCC & retail trade 20.45 During 2010-11. Operational Matters a. NABARD also 4. all the targeted statutory inspections of 302 banks (31 SCB. Supervisory ratings were also conveyed confidentially to the Top Management of the banks. 1949 (AACS)/ RBI Act 1934 and voluntary inspections of all SCARDB continue to be annual. RCS.19: Status of Financial Inclusion .www. The inspections brought out supervisory concerns relating to these institutions. b. the supervisory role of NABARD.107 on 2013-09-02 17:18:09 EDT. The periodicity of statutory inspections of all SCB.09 No.net Table 4.16 Of which.sansco. NABARD also held discussions with the Board of Directors of SCB/DCCB/ RRB apprising them of the deficiencies found in the inspection and urging them to initiate immediate remedial action.46 The Board of Supervision (BoS) constituted by the Board of Directors of NABARD in 1999.12 SHG 7.95 0.78 19.R.66 186.20 8. DownloadPDF.28 Supervision of Banks 4.176.176. monitoring.04 8.

c.. DCCB and SCARDB as brought out in the inspections. Grant of Licence/Scheduling of Banks to the recommendations of the 4. the number of licenced SCB and DCCB stood at 22 and 173.reportjunction.48 Pursuant interests of their depositors. was recommended to RBI during 2010-11. 1934 as regards minimum capital requirement of ` 5 lakh. However. all RRB were included in the Second Schedule to the RBI Act 1934. as on 31 March 2011.115. (v) the functioning of weak DCCB in Uttar Pradesh. i. 1934. twenty DCCB iii. Unauthorized Distribution Prohibited. Similarly. Committee on Financial Sector Assessment (CFSA) [Chairman : Dr. During the year. With this. ibid. as the affairs of these banks were conducted in a manner detrimental to the ii.e. as the affairs of these banks were conducted detrimental to the interests of their in a manner depositors. 1949 (AACS). (vi) the status of submission (including delay) of Banks' compliance to inspection reports and delay in scrutiny of compliance by NABARD RO. i.51 Keeping in view the relaxation in the licencing norms for co-operative banks. 1949 (AACS). (iii) the working of RRB sponsored by SBI. in the Second Schedule to the RBI Act. ibid. Union Bank of India and Punjab National Bank. It reviewed (i) the functioning of SCB.50 As on 31 March 2011.176. (ii) the functioning of co-operative credit institutions in Andhra Pradesh. RBI issued licences to 2 SCB and 49 DCCB. Eight SCB and 186 DCCB did not comply with Section 22(3)(b) of the Act. Downloaded by in-spjainmr from 115.sansco. Thus.176. two were not complying with Section 42(6)(a)(i) of the RBI Act. increasing the number of licensed banks to 246 (24 SCB and 222 DCCB). and (ix) major observations from the investment portfolio studies taken up in some of the banks. 1949 (AACS). 75 complied with Section 42(6)(a)(i) of the RBI Act. 68 banks (5 SCB and 63 DCCB) were not complying with the provisions of Section 11(1) of the B. the RBI had revised the licensing norms for co-operative banks during October 2009.R.. Co-operative Banks 4. the number of Scheduled RRB stood at 75 as on 31 March 2011. after they were found complying with Section 42(6)(a)(ii) of the Act. Health of Supervised Banks Compliance with Minimum Share Capital Requirements the year 2010-11. ibid. Applications for grant of exemption in respect of 50 banks (1 SCB and 49 DCCB) were under the consideration of the RBI/GoI. the number of scheduled SCB remained unchanged at 16. Rakesh Mohan].R. improved their financial position and recomplied with the provisions of Section 11(1) of B. respectively.R. being new entities could become Scheduled Banks only with the approval of the RBI. on the basis of recommendations given by NABARD after conducting statutory inspection. as regards their capacity to pay their depositors in full. out of 82 RRB. and four were not complying with Section 42(6)(a)(ii) of the Act.. (vii) the Scheduling of amalgamated RRB. 1934. Gujarat and Bihar. minimum capital requirements. During the year. no SCB was included B. the norms for 77 ISIEmergingMarketsPDF in-spjainmr from 115.49 From its very inception. 1934. Policy Decisions/Guidelines a. five SCB and 63 DCCB 4. ibid. ISI Emerging Markets.com www. Compliance Provisions with various Statutory 4. As on 31 March 2011.Act.47 During did not comply with Section 22(3)(a) of the B. Act.115. Act. Punjab and Jharkhand.107 on 2013-09-02 17:18:09 EDT. (iv) reports of frauds in the supervised banks. thus. amalgamated RRB. (viii) the Exposure of SCB and DCCB to Marketing Societies. . Inclusion of five more RRB in the Second Schedule to RBI Act. As on 31 March 2010. out of the 16 Scheduled SCB. DownloadPDF. 1934 while 56 complied with Section 42(6)(a)(ii) of the Act.www. Thirtynine amalgamated RRB were included by the RBI in the Second Schedule to the RBI Act.net times in 2010-11.107 at 2013-09-02 17:18:09 EDT. 4. As on 31 March 2011.

Downloaded by in-spjainmr from 115.54 The Bank's Inspecting Officers were advised to critically examine the management aspect of banks (especially weak banks). (i) RRB were permitted to induct Nominee Director of NABARD in the Audit Committee.55 For a holistic and more effective approach towards supervision.115. etc. With a view to addressing the problem of reconciliation of inter-branch and inter-bank accounts. during the course of inspection.107 on 2013-09-02 17:18:09 EDT. A National Seminar on Audit was also conducted in Bengaluru in May 2010. systemic risks. Regional Rural Banks 4. KYC/ AML standards.176. ISI Emerging Markets. with the approval of the Board. and to encourage issuing IR in Hindi. Two training programmes were conducted in IDRBT. Hyderabad. and (vii) guidelines to RCS of all States and UT on opening of branches by DCCB. monitoring of frauds. especially in strengthening the internal checks and control systems in the supervised banks. the National of Audit Federation in Manual also of revising for State the Co-operatives supported Co-operative NABARD actively C.net compliance with Section 22(3)(b) of B R Act. Advisory to Regional Offices 4. (ii) a Model KYC/ AML Policy was circulated to all RRB for adoption with suitable modifications. (NAFSCOB) operational manuals for Co-operative Banks. Asset Liability Management (ALM).www. During the year. and (iii) clarifications were issued to RRB on Disclosure in Financial Statement in Half-Yearly Reviews. (vi) clarification on calculation of Demand and Time Liabilities (DTL) for maintenance of CRR/SLR.. for Co-operative banks and RRB. (ii) a questionnaire/check list for the use of concurrent auditors to ensure that all aspects are covered by the auditors while reviewing the Investment Portfolio of banks. DownloadPDF. incremental NPA. for a better understanding of the deficiencies pointed out in the Inspection Reports (IR). Unauthorized Distribution Prohibited. consequent to the amendment of Co-operative Societies Act as per GoI revival package for STCCS.sansco. (iii) circular on fraud prevention measures and constituting Fraud Risk Management Group. E. Other Developments 4. specifying the areas to be covered. AML/ KYC. Regional Offices were advised to convene a meeting of all SCB and DCCB under their jurisdiction. Four Regional Supervision Seminars were conducted for the Bank's inspecting officers for discussing various issues involved in inspection of banks. 78 ISIEmergingMarketsPDF in-spjainmr from 115.52 During the year.107 at 2013-09-02 17:18:09 EDT. DCCB and RRB. Supervisory Interventions 4.com www. (v) detailed guidelines for inspection of DCCB.reportjunction. to acquaint the Bank's inspecting officers with conducting of inspections in a Computerised Environment. (iv) a Model Know Your Customer (KYC) / Anti-Money Laundering (AML) Policy for adoption. . prudential norms and CMA were conducted for the auditors and other personnel of SCB. A seminar was conducted for Inspecting Officers of DoS. Training / sensitisation programmes and workshops on Investment Management. 1949 (AACS) were also relaxed. by the supervised banks.176. b. the following important instructions/circulars were issued to SCB and CCB: (i) instructions advising the cooperative banks to issue engagement letters to Statutory Auditors. Regional Offices were also advised to monitor the receipt of compliance reports and pursue with the supervised banks for their timely submission. to ensure submitting proper compliance. branches of SCB/ DCCB and affiliated societies. and prepare time bound action plan.115. to sensitise the auditors on issues relating to audit of co-operative banks.53 Six Regional Supervision Seminars on internal inspection and internal audit were conducted during the year. and highlight them in the inspection reports so as to draw the focussed attention of the management. D. NABARD continued to forge partnerships with other agencies under the GIZ-RFIP programme and with Institute of the Chartered Acccountants of India (ICAI) for preparation and Banks RRB.

2 year.176. of Department Agriculture. L.com www. Commissioner. ISI Emerging Markets. Bandyopadhyay was promoted as (a) Shri. Shri P. Department of Agriculture. Behera.115. Human Resources are an integral part in the change process of an organisation. Downloaded by in-spjainmr from 115. Committee and The the Audit Secretary. Repositioning of NABARD 5. Goyal with effect from 03 September 2010. Board of Directors 5. C. Ministry of Finance. Agriculture of Production Bihar was Sanctioning Committee for Loans under RIDF met respectively. Mohanty.6 Reserve Bank of India conducted the 13 th Financial Inspection of NABARD (with reference to its 79 ISIEmergingMarketsPDF in-spjainmr from 115. Lakshmi Chand and Smt.3 The following changes took place in the 5. vice Shri. Additional Secretary (FS). (e) Shri. Executive Director retired on 31 January 2011 and Dr. The pilot and implementation phases have commenced (Box 5. Recognising this. K. thrice The Board of Directors met six times during the while and the seven Executive times. A. vice Shri Roshan Lal. Mohanty. Additional Chief Secretary (Home & Vigilance) and Agriculture Production Commissioner. NABARD has initiated several steps to reposition itself and face the challenges for becoming an effective and sustainable development institution. Department of Financial Services.107 on 2013-09-02 17:18:09 EDT. Government of Rajasthan was appointed as Director with effect from 20 January 2011 vice Shri. Dr. A.5 NABARD started the Project ‘Reposition’ in March 2010. (c) Shri. (d) Shri. composition of the Board of Directors during the year: C. Principal D. Sinha. J. Executive Director retired on 31 March 2011. Subsequently. Management A. with a view to networking resources. Senior Management 5. A. Jayakumar. C. K. K. diagnostic and design phases were completed. Government appointed as Director with effect from 27 July 2010. Government Rajasthan was appointed as Director with effect from 27 July 2010.4 Four Executive Directors manage the operations of the Bank. Letkhogin Haokip. Rakesh Singh.www. Government of Kerala was appointed as Director vice Shri L. building capabilities and partnering institutions for bringing about effective integrated rural development in India.1). Shri R. J. Unauthorized Distribution Prohibited. Government of India was appointed as Chairman with effect from 03 December 2010 vice Shri. who demitted office on 02 December 2010 after completion of his term. During the year. U. Executive Director during the year. Corporate Governance and Management In order to align itself with the changing financial and credit markets. K. K. Meena.net V Organisation. The project seeks to address the present day challenges without conflicting with the long-term role mandated to NABARD by GoI and RBI.115. Committee of the Board (ACB) as well as the Risk Management Committee of the Board (RMCB) met thrice during the year. DownloadPDF. B. Inspection of NABARD 5. Bandyopadhyay.176. Shashi Rekha Rajagopalan were reappointed on the Board. .107 at 2013-09-02 17:18:09 EDT. C. Sarangi.sansco.reportjunction. (b) Shri. the Bank continues its emphasis on capacity building of the staff by upgrading their skills and developing their expertise. of Principal Secretary. C.

officers (2.net Box 5. the banks would be responsible for setting up infrastructure facilities within the branch and HO.www. In this model.176. In order to give a special focus. Human Resources Management A. etc.7 The Bank has been complying with the statutory requirements of the Right to Information (RTI) Act 2005. 424 officers were deputed for 126 off-the-shelf programmes. Futures Trading.sansco. Bihar. the ‘Producer Organisations Development Fund’ was set up during the year with an initial corpus of ` 50 crore. The CBS vendor will be responsible for developing and customising CBS and other application software. Management. This is being implemented on a pilot basis. 135 Banks (SCB and DCCB) across 11 states and one UT have joined this initiative. The vendor will also provide user training and data migration support. adopting a flexible approach to suit the needs of the producers.115. • Internal process redesign to enhance Human Resource (HR) optimisation and improve turnaround time: Simplification of the existing administrative processes. Funds & Risk Management. Treasury & Risk training on various topics through 103 programmes conducted by the National Bank Staff College (NBSC). Besides.107 at 2013-09-02 17:18:09 EDT. negotiate with vendors on behalf of the banks and extend project management and advisory support during roll out of the product. As on 31 March 2011. Two projects were taken up on a pilot basis and an amount of ` 1. It will aggregate the demand across banks and would assist them to identify a suitable product. Disaster Management. The process of signing Memorandum of Agreement (MoA) with the banks interested in joining CBS initiative has started. Further. one proposal involving credit limit of ` 100 crore was sanctioned. was imparted to 78 officers. seminars and conferences organised by reputed institutions. Andhra Pradesh.8 During 2010-11. Customised training on Co-financing. doing away delegation of powers complete migration to intervention to improve process in the Bank. Training and Skill Upgradation a.176. Right to Information 5.com www. • Direct Lending to District Central Cooperative Banks (DCCB): A Short-term multi-purpose credit product has been designed for direct lending to DCCB.131) were imparted 18 on-location programmes were also conducted for 425 officers. 737 applications were received and requisite information provided within the stipulated time. Ninety-four appeals were responded to and 15 hearings on appeals made to Central Information Commission were attended. . Shri S K Mitra. setting up and maintaining Data Centres/ Disaster Recovery Centres and for providing network connections. ISI Emerging Markets. Downloaded by in-spjainmr from 115.. on APRACAFinancial CENTRAB international programme Inclusion. for meeting the financial requirements of this business vertical. The CBS would be offered on an Application Service Provider (ASP) model to co-operative banks. E. viz. etc.115. advanced training programme on SHG-Bank Linkage. Staff Training 5.1 Repositioning of NABARD . Executive Director was designated as the Transparency Officer for the Bank. During the year. covering topics like Tribal Development Fund (TDF).107 on 2013-09-02 17:18:09 EDT.Pilot interventions • Assisting the cooperative banks for setting up Core Banking Solution (CBS): NABARD has decided to offer support to cooperative banks by playing the role of an advisor and facilitator. Unauthorized Distribution Prohibited. Gujarat and Uttar Pradesh. for meeting working capital and farm asset maintenance needs of the individual borrowers and affiliated PACS. with redundant practices. During the year. National Bank Training Centre (NBTC). enhancing to reduce the reponse time and automation are the core areas of the functional efficiency of the work financial position as on 31 March 2010) from 01 November 2010 to 13 December 2010. Workshops were conducted for four major Regional Offices. workshops.96 crore was sanctioned under UPNRM for these. • Adopting a comprehensive approach to financing and supporting producer organisations: NABARD has taken up a pilot initiative for supporting producer organisations. Software Development and System Analysis.reportjunction. Lucknow. Lucknow and 80 ISIEmergingMarketsPDF in-spjainmr from 115.. DownloadPDF.

Support for Professional Studies 5. relevant to developmental and promotional institutions. Another batch of 10 senior officers was International. Managing Director.sansco. Hyderabad conducted 67 training programmes for 1075 Group ‘B’ and ‘C’ Staff and pre-promotional training programmes for Group ‘B’ staff for promotion to the officer cadre.176.9 During the year. The details of the number of staff promoted to other Grades are presented in Table 5. 27 and 57 officers were promoted to Grade ’F’. Belgium.107 at 2013-09-02 17:18:09 EDT. Dr. Israel. Indonesia. Table 5. each constituting about 2 per cent of the total staff strength.net Zonal Training Centre (ZTC).107 on 2013-09-02 17:18:09 EDT. respectively. 18 per cent belonged to Scheduled Castes and 9 per cent to Scheduled Tribes (Table 5.com www. Staff Strength 5. G. introduced in April 2008. b. A total of 396 staff was promoted during the year. Staff Matters a. Karmakar. USA. Of these. The strength of exservicemen and physically handicapped employees stood at 80 and 94. 145 officers from NABARD. E-learning 5. Uzbekistan as well as the Alliance for Financial Inclusion (AFI) Global Policy Forum 2010 held at Bali. Shri Umesh Chandra Sarangi attended the 58 th EXCOM meeting and 17th General Assembly of APRACA held in Tashkent. a batch of 10 senior officers was deputed to a programme on Risk Management and Performance in Brussels. Unauthorized Distribution Prohibited.11 During the year. an E-learning programme for 235 officers was launched. three from Client Institutions and 18 participants from different Non-Governmental Organisations (NGO) were deputed for various overseas training programmes.12 During the year. deputed organised to RIPA by the World Savings London Bank for Institute.13 The total staff strength of the Bank. The major courses being pursued by the employees are Chartered Financial Analyst (CFA). in collaboration with the Harvard Business School. participated in the London Business Forum organised by London Business School. In addition.607. 81 ISIEmergingMarketsPDF in-spjainmr from 115.115. Table 5. where he presented a paper on the topic “Mainstreaming Financial Inclusion in India: Sustainable Initiatives”. to encourage staff to pursue professional studies through part time and distance learning courses.10 Under the modified Incentive Scheme.1. meetings. The course is of oneyear duration from 01 July 2010 to 30 June 2011 and includes 16 compulsory and five optional topics. Programme on Implementing Sustainable Change and Programme on Managing People through Change. ISI Emerging Markets.reportjunction. . b. He also attended the 59 th EXCOM meeting of APRACA held in Paris. Company Secretary (CS) and Master of Business Administration (MBA) from reputed institutions. 2010 London on and in the “Rehovot Sustainable B. ‘E’ and ‘D’. of which 18.176. 26 staff members availed of the facility during the year. Downloaded by in-spjainmr from 115. The Chairman.2).1: Promotions Effected During the Year Particulars Total of which SC Officers from Grade ‘B’ to ‘C’ Officers from Grade ‘A’ to ‘B’ Group ‘B’ to officers' cadre (Grade A) Total 103 121 70 294 18 21 11 50 ST 12 14 12 38 Conference Inclusive Development Initiatives” organised at Weitz Centre.115. K.www. exposure visits. as on 31 March 2011. was 4. Recruitment and Promotion 5. DownloadPDF. 126 officers were appointed in Grade ‘A’ in the Rural Development Banking Service of the Bank. etc. seminars. Overseas Training/Visits by Top Management 5.2: Total Staff Strength Cadre Total SC Group ‘A’ Group ‘B’ Group ‘C’ Total 2758 990 859 4607 407 123 306 836 of which ST 209 84 106 399 c. respectively. d.

Other Welfare Measures for the Staff 5. team expressed satisfaction with the records maintained in this regard and appreciated the Bank for its favourable stance on reservation. The Memorandum became effective for a period of five years from 1 November 2007.65 crore were sanctioned to 343 employees.16 Joint Consultation Scheme for Officers The Joint Consultative Committee [JCC] 21 and 25 November 2010. The Memorandum of C. met on 28 June 2010 for discussing issues of common interest in HR areas. as directed by the Ministry of Finance. of which 13 grievances and 4 appeals were disposed.com www. Other benefits extended to SC/ST employees included granting B. Grievances Redressal System scholarship to 12 wards of the employees and providing compassionate appointment to the dependents of ten deceased employees.115. Industrial Relations 5. Seventeen grievances and six appeals were considered. The fourteenth Annual Sports and Cultural Festival of the Bank.17 The Bank continued to adhere to instructions issued by GoI on reservation for SC/ST employees in recruitment and promotion.15 Three meetings each of the Grievances Redressal Committee and the Appellate Committee were held during the year.176. including sanctions of previous year. 5.115. Quarterly meetings of the Senior Executives and Chief Liaison Officer with representatives of the Welfare Association of SC/ST employees were held at HO and RO. D. Two pre-promotional training programmes for 120 SC/ST staff were conducted at the training centres.107 at 2013-09-02 17:18:09 EDT.sansco. A team of Settlement on wage revision and service conditions of the employees was signed between the Bank and the All India NABARD Employees’ Association on officials from Banking Division. E.107 on 2013-09-02 17:18:09 EDT. ISI Emerging Markets. Welfare Measures for SC/ST Employees 5. The pay & allowances and service conditions of the officers of the Bank were also revised after discussions with the National Bank Officers’ Association. The 31 March 2011. Ministry of Finance.reportjunction. Periodic discussions were held between the Management and the All-India National Bank Officers’ Association/All-India NABARD Employees’ Association. Unauthorized Distribution Prohibited. on the basis of well-established principles of negotiations. DownloadPDF.176. The disbursements against sanctions. amounted to ` 36. Other Developments 5. NABOTSAV was held at Bhubaneswar between ii.14 Industrial relations in the Bank continued to be harmonious during the year.www. comprising representatives from Bank Management and National Bank Officers’ Association.19 The Communal Harmony Campaign Week and Flag Day were observed from 19 to 25 November 2010. 5. .18 During the year. housing loans aggregating ` 39.net Administration and Other Matters A. 82 ISIEmergingMarketsPDF in-spjainmr from 115. GoI visited NABARD in May 2010 and reviewed the Reservation Policy implemented by the Bank. Transparency / Consultative Approach i. Downloaded by in-spjainmr from 115.54 crore.

and initially.176. viz.333 English and 5. In addition. Oracle. Library latest switches. which consists of the following: (a) Phase 1 – Human Resources Management (b) Phase 2 – Centralised Loan Management & Accounts (c) Phase 3 . The existing Windows Operating System (OS) would be replaced by Linux OS in a phased 5. including payroll and employee benefits. Phases 1 and 2 were started during the year and Project Management Groups were constituted for its implementation. Active Directory.107 at 2013-09-02 17:18:09 EDT.22 The inaugurated last year was used successfully during the current year for interviewing candidates for Committee in HO and Committees in RO continued to function effectively for prevention of sexual harassment of women at workplace.com www. Unauthorized Distribution Prohibited. Two new parameters.762 Hindi books. Data Management 5.www. database. 66 RBI publications and 35 other manner.reportjunction. The mobile version of NABNET was also publications. Windows Server 2008. 83 ISIEmergingMarketsPDF in-spjainmr from 115. Two data products. two Workshops on ‘Human Resources Management and Disciplinary Proceedings’ were conducted for 82 Senior Officers in Bengaluru and Kolkata. During the year. The Bank’s intranet portal “NABNET” became more user friendly with an extensive search facility. besides 598 CD on various subjects. around 200 workshops/seminars/training conducted through VC. the IT personnel of the Bank were exposed to the latest system/application software. An innovative District Agricultural Development Indexation (DADI) model called the “Clustering Method Model” was successfully developed for comparing the status of agricultural development in the Districts of launched in the year and can be accessed on web-enabled mobile phones.. a bulletin of Statistical Information incorporating the performance of PACS.sansco. a contract was awarded to the successful bidder and for the Phase 2 implementation. it will be installed in 10 per cent of the newly purchased personal computers. the repositioning consultant.115. Information Technology Video Conferencing (VC) facility 5. Downloaded by in-spjainmr from 115.115. Maharashtra. Based on the report of KPMG and the subsequent study undertaken by Boston Consultancy Group (BCG). streamline and automate the entire HR operations across the Bank. One issue of “NABSTATS”. DownloadPDF. (i) MIS for Top Management giving the latest achievements in all major business and development areas and (ii) Star Performance Indicators indicating the comparative position of achievements by RO in important functional areas. was also brought out during the year.Business Processes (d) Phase 4 . viz. The Enterprise Resource Planning (ERP) software on Human Resource Management (HRM) would centralise. appointment and promotion. . programmes were The computer networking in the Bank is being strengthened through installation of F. during the year. achievements under Financial Inclusion Fund (FIF) and Financial Inclusion Technology Fund (FITF) vis-à-vis targets are to be introduced in the Star Performance during 2011-12. ISI Emerging Markets.Enterprise Data Warehouse.176. etc.21 The revised and updated District Data Profile/ Banking Profile were included in the Potential Linked Plan (PLP) for 2011-12. the Bank finalised its future IT architecture and the IT road map to be implemented in phases. The Central Complaints H.net Government of India.20 The Central Library in HO at present houses 27. 69 NABARD publications. G. For the project in Phase 1. As a capacity building measure. were continued to be made available on NABNET (intranet of the Bank) and updated every month. an Expression of Interest (EoI) was invited.107 on 2013-09-02 17:18:09 EDT.

Plots for construction of RO Buildings at Raipur and Dehradun have been allotted by the Chhattisgarh and Uttarakhand State Governments. co-finance.25 Vigilance Four Preventive Vigilance Inspections of Regional sourced to external auditors.net I.176.www. etc.24 The Bureau of Energy Efficiency (BEE) has awarded a certificate with Four Star rating for the Bank’s building at HO. determined on the basis of energy efficiency norms fixed by them. Memoranda and synopses buildings/residential Agartala.176..115. In order to become more transparent in its functioning and eliminating scope for corruption. its quality and Offices were conducted by the Central Vigilance Cell (CVC).107 at 2013-09-02 17:18:09 EDT. Downloaded by in-spjainmr from 115.sansco. through which an applicant can track the status of any application submitted to NABARD for availing of services (grant/subsidy/soft loan. The premises for Jammu RO.nabard. On conclusion of the inspections and issue of Inspection Reports (IR). 5. and residential quarters at Chandigarh and Lucknow are expected to enter construction phase during 2011-12. respectively. Flash Reports (FR) incorporating positive features. Construction of Regional Office (RO)/Regional Training College (RTC) Buildings continued to be in progress at Bengaluru.org) called ‘Application Status effectiveness with focus on the follow-up of major areas of concern in housekeeping. HO became a member of the ‘Vigilance Study Circle. while the concurrent audit of all RO/TE were undertaken by the Concurrent Audit Cells (CAC) set up in the respective RO/TE. This system became operational from 1 September 2010 and nine schemes have been initially introduced. continued to be out J. to ensure that the systems and procedures were duly followed. ISI Emerging Markets.the system. RTC Bolpur and Natural Resources Management Centre (NRMC).115. 22 Regional Offices and two Training Establishments. The Committee followed up on all the issues raised in the Statutory 84 ISIEmergingMarketsPDF in-spjainmr from 115.26 During the year 2010-11.com www. Office Premises/Residential Quarters Tracker System’. is under Imphal process and in K. HO. RTC Mangalore and NBSC Lucknow. Mumbai’. Steps are on to replicate this in other staff quarters of the Bank.107 on 2013-09-02 17:18:09 EDT. major areas of concern and SWOT analysis were submitted to the Top Management. Dimapur. in accordance with the Annual Inspection Programme approved by the ACB. Punjab RO & Haryana RO. Inspections and Concurrent Audits 5. The Concurrent Audit of Head Office Departments.e. i. 5. . Patna. Construction of residential flats is progressing in Raipur and Ranchi. Further. DownloadPDF. A project of converting solid waste into vermicompost was started in the Bank’s Kandivli staff quarters complex in Mumbai.) under various schemes. an interface has been created on NABARD website (www. 5. the Inspection Department of the Bank carried out inspection of 16 HO Departments. Unauthorized Distribution Prohibited.reportjunction. The ACB reviewed the internal inspection/audit function in the institution . Itanagar and Mangalore. Central Vigilance Cell.23 Construction of office-cum-residence complex at Port Blair was completed during the year. Kolkata. for exchange of views among Public Sector Undertakings on vigilance related matters. purchase of plots for office quarters Gangtok. A ‘Vigilance Awareness Week’ was observed in the Bank from 25 October to 1 November 2010. of IR issued together with compliance were placed before the Management Committee (MC) and ACB for deliberation and guidance.

and interacted with the external auditors before the ii. Parliamentary Standing Committee on Personnel. 10 and 11 February arising 2011. Ahmedabad from 21. Coimbatore. brought out by the Ministry of Agriculture. Visits of Parliamentary Committees 5. The Committee held discussions in Mumbai on 21 June 2010 regarding “Delayed laying of Annual Reports and Audited Accounts of Management.115. Government of India. iii. 3089 dated 23. as a tribute to the Indian farmers. 2053 dated 08. 2010. incentives and other related issues”. Mehsana and Inspection Department continued to monitor defaults by client institutions and apprise the Top Management of the status and follow up action initiated for recovery of default. regarding Assurance (i) Unstarred Question (USQ) No.107 on 2013-09-02 17:18:09 EDT.04. The Bank also sponsored a Coffee Table Book. and (ii) USQ No. and (iii) programmes and activities through the print and electronic media. Parliamentary Committee on Papers Laid on the Table of the Rajya Sabha visited Mumbai. The Committee on Government Assurances.115. NABARD” in Rajya Sabha. Rajya Sabha. Situation after the ADWDR Scheme.com www. 85 ISIEmergingMarketsPDF in-spjainmr from 115. Unauthorized Distribution Prohibited. Salem. It held discussions in Mumbai on 26 October 2010 L. on a fortnightly basis. It held discussions in Hyderabad on 18 Dec 2010 and in Chennai on 21 December 2010 regarding: (i) the RRB (Appointment and Promotion of Officers and Employees) Rules. ‘Harvest of Hope’. held discussions in Port Blair. ISI Emerging Markets.10. Law & Justice visited Mumbai. service conditions. M. Chennai & Kolkata from 20-27 June 2010. Operational Risk Management and other risks of the bank and guided in devising the policy and strategy for integrated risk management for containing various risk exposures of the Bank.net Auditor’s report. Guidance on matters of agriculture and rural development was provided to a number of visitors. Bengaluru. protection against exploitation.2010 regarding time frame for debt waiver scheme. Asset and Liability Bengaluru.12.www. Public Grievances.27 Public Relations NABARD continued to disseminate its regarding “Progress of work related with Official Language . Rajya Sabha visited Hyderabad and Chennai from 17-22 December 2010.28 During the year. The Committee on Subordinate Legislation. DownloadPDF. finalisation of the annual financial accounts and report.. from: respectively. etc. 5. Chennai and Kochi on 08. The Third Sub-Committee of the Committee of Parliament on Official Languages inspected Central Government offices located in Delhi. The RMCB oversaw the functioning of the Credit Risk Management.Rajbhasha” iv.sansco. students. Downloaded by in-spjainmr from 115.10. (ii) Priority Sector Lending Schemes with special reference to micro-credit to farmers. Mumbai.107 at 2013-09-02 17:18:09 EDT.2010 to 29.reportjunction. researchers and agri-preneurs throughout the year. v. the following Parliamentary Committees visited NABARD: i. 2008.176. The Committee held discussions in Mumbai on 15 June 2010 regarding “Status of women employees.176. .2009 regarding appointment on compassionate ground in RRB. inspection reports of RBI.2010. Bengaluru & Chennai from 13-19 June 2010.

115.176. 86 ISIEmergingMarketsPDF in-spjainmr from 115. Rajbhasha Shield for excellent work in Hindi during 2009-10 was awarded to the best RO in Regions ‘A’. Mangalore and NBSC. viz. Ministry of Home Affairs. Lucknow. Rajbhasha year. to facilitate increased usege of Hindi in office work.176.107 at 2013-09-02 17:18:09 EDT.sansco. 1963 by Department. Maharashtra RO and RTC. 109 Potential Linked Credit Plans and 69 IR were prepared/issued in Hindi.net N. . DownloadPDF. Karnataka and Chhattisgarh were notified under Section 10(4) of the Official Languages Act. Rajbhasha orientation programmes for senior officers were also conducted at RTC. respectively and to one Training Establishment and two HO Departments. 5.29 Promotion of Hindi Hindi workshops were conducted during the GoI.reportjunction. with a view to ensuring compliance with Rajbhasha Policy.115. Two RO. on-site inspections of four RO were undertaken. ‘B’ & ‘C’. Unauthorized Distribution Prohibited.www. During the year.com www. GoI also awarded prizes to Andhra Pradesh RO.107 on 2013-09-02 17:18:09 EDT.. The Regional Implementation Office. Mangalore. ISI Emerging Markets. Downloaded by in-spjainmr from 115. During the year.

107 at 2013-09-02 17:18:09 EDT.7 0.4 43.675 15.747 crore.0 1.9 0.3 0.)] Fund are utilised for Table 6. as on 31 March 2011. 6.57 per cent.188 crore.1 9. B.005 crore.983 9.115.2 0.1 0.004 379 763 2.622 crore.1 0.3 11.0 0.115.) Funds STCRC Fund Deposits RIDF Deposits Bonds & Debentures Certificates of deposits Term Money Borrowings Commercial Paper Borrowings from GoI Borrowings from CB* Foreign Currency Loan Borrowing under CBLO Borrowings against STD Other Liabilities/Funds Total * CB : Commercial Banks ` 2. During the year. 12.2 7. National Rural Credit (Long Term Operations) and the National Rural Credit (Stabilisation) Funds investment operations of and for conversion/ respectively. DownloadPDF.878 26. Downloaded by in-spjainmr from 115.622 277 67.net VI Financial Performance & Management of Resources NABARD. Reserves & Surplus NRC (LTO) and (Stab.5 for With a view to augmenting NABARD's resources short-term credit facilities to Co-operative Institutions.4 0.292 100.2 The financial resources of NABARD (Table 6.456 9. The total market borrowings stood at ` 34. constituting 21.000 crore. the Short-Term Co-operative Rural Credit (Refinance) [STCRC] Fund was set up in 2008-09 with contributions by scheduled commercial banks not achieving their priority sector obligations.107 on 2013-09-02 17:18:09 EDT.7 16. From an initial corpus of ` 4. as on 31 March 2011.045 14.1 0.000 crore each for 2009-10 and 2010-11.869 20.3 0.2 0 9.2010 Amount Share (%) Capital.0 0. an amount of ` 62 crore was contributed to these Funds. The funds deployed for investment operations (including rural infrastructure development) and for production and marketing activities (including conversion) increased by ` 8. Unauthorized Distribution Prohibited.872 crore. 1.176.000 crore against the authorised capital of 99 per cent and that of RBI at 1 per cent. ISI Emerging Markets. as on 31 March 2011.9 0.com www.sansco.3 ` The paid up capital.7 10.reportjunction. with the share of GoI being 6.58.1) previous year. The outstanding under the STCRC (Refinance) Fund.863 16. The management of funds by the Bank and its financial performance during the year are detailed in this Chapter. as on 31 March 2011.www. registering an increase of 16.7 7.4 The National Rural Credit (Long Term Operations) [NRC (LTO)] Fund and the National Rural Credit (Stabilisation) [NRC (Stab.9 14.87 per cent of the total resources of the bank. increased to ` 1. These Funds are augmented by internal accruals and contributions made by the RBI.4 short-term credit.945 crore and ` 10.58.1 4.2011 Amount Share (%) 13. as on 31 March 2011.788 137 110 6. Capital. reschedulement 31. .622 crore. was 5.448 124 0 503 0 360 11.5 1. over the Sources of Funds A.1: Sources of Funds (` crore) Particulars 31.36.4 0.176. as on 31 March 2011.1 0.2 42.03. Reserves & Surplus 6. like any other financial organisation has put in place a sound financial resources management system. The amount of reserves and surplus increased by ` 1.717 8. stoodat ` 14. respectively. STCRC Fund 6.872 100.622 505 59.1 C.0 0.03.680 147 500 494 215 0 12. it was augmented with an additional allocation of ` 5.0 87 ISIEmergingMarketsPDF in-spjainmr from 115.

coffee and rubber companies aggregated ` 277 crore.4 per cent over the deposits held as on 31 March. at the end of March 2011.115.513 crore were redeemed. additional funds to the tune of ` 421 crore were mobilised under Bhavishya Nirman Bonds (BNB). as on 31 March 2011. as on 31 March 2011. Term Money Borrowings 6.8 Capital Gains Bonds Capital Gains Bonds aggregating ` 354. coffee and rubber deposits rose from ` 124 crore. as on 31 March 2011.682 crore. The outstanding in respect of borrowings from GoI stood at were issued during the year while ` 2.reportjunction. RIDF Deposits 6. Unauthorized Distribution Prohibited. The amount outstanding. stood at ` 21.12 No fresh bonds were issued during the year.107 on 2013-09-02 17:18:09 EDT. The outstanding.11 crore short-term requirements. Deposits i. received from the tea. 6. RIDF Deposits from vi. ` 124 crore. ISI Emerging Markets.009 crore. Bhavishya Nirman Bonds Term Deposits The amount of term deposits and deposits 6. 6. as against ` 59. v. Certificates of Deposits borrowings through Certificates of commercial banks under RIDF VIII to XVI aggregated ` 13. ii. as on 31 March 2010. vii.com www.554 crore. at the end of March 2011. This was mainly due to redemption of term deposits of ` 344 crore during the year.107 at 2013-09-02 17:18:09 EDT. reflecting a decrease of ` 228 crore during the current year. ii.11 During the year.176. DownloadPDF.115. stood at ` 4. 88 ISIEmergingMarketsPDF in-spjainmr from 115. to ` 228 crore as on 31 March 2011. outstanding as on 31 March 2010. as on 31 March 2011.sansco. tea. . under this segment of borrowing was ` 7. The outstanding balance was ` 137 crore.www.869 crore at the end of the previous year.14 Term Money Borrowings (TMB) of three to six months tenor were resorted to. as at the end of March 2010.net D.975 crore as against the outstanding as on 31 March 2010 at ` 4. The outstanding at the end of March 2011 stood at ` 24 crore. as on 31 March 2011. resulting in a net inflow of ` 8. in order to meet E.6 iv. 6. leaving an outstanding of ` 110 crore. GoI Borrowings 6. compared with the outstanding of ` 762 crore. Borrowings i.878 crore.056. TMB worth ` 557 crore were raised and repayments to the tune of ` 1209 crore were made. iii. as against ` 505 crore at the end of the previous year. Statutory Liquidity Ratio Bonds 6.10 Statutory Liquidity Ratio (SLR) Bonds worth nearly ` 90 crore were redeemed and the outstanding aggregated ` 99 crore. However.9 Corporate Bonds Corporate Bonds amounting to ` 9.22 crore.7 During the year. aggregate outstanding RIDF deposits stood at ` 67. Downloaded by in-spjainmr from 115. As on 31 March 2011. were made. as on 31 March 2011.15 There were no borrowings from Government of India during the year 2010-11 whereas repayments of ` 23 crore.320 crore viii. NABARD Rural Bonds 6. on maturity of loans drawn under various externally aided projects. an increase of 13. 6.13 Fresh Deposits (CD) of ` 137 crore were mobilised and ` 379 crore were redeemed during the financial year. as against ` 147 crore.176. 2010.53 crore.047. were redeemed during the year 2010-11 and the outstanding. with repayments being ` 5.23 crore under RIDF VI to XVI.

785 0 24.896 167 66.58. As interest rates moved up.7 0.107 at 2013-09-02 17:18:09 EDT.1 21.03. 6. Germany.54 per cent for 10 years.net ix.2 0.1 1.19 The ST (SAO) loans advanced to the SCB at ` 23.885 193 0 38. Table 6.1 0.255 84 133 2.8 per cent in availing of refinance by credit institutions under this segment (Table 6.1 44.7 100.0 * : Including the amount subscribed to Special Development Debentures of SCARDB. Medium Term (Conversion) Loans and Liquidity support 6. aggregating ` 503 crore.885 crore at the end of the year. this option proved to be cheaper than raising resources through CP and CD. but ` 500 crore of past borrowings were repaid in full.115.2 0.00 24.0 31.3 0. Borrowings in Foreign Currency to allow borrowings against Short Term Deposits (STD) 6. Downloaded by in-spjainmr from 115.1 41.8 0 17.115. Short Term Loans.537 5. Together with ST (OSAO) loans to SCB at ` 198 crore and RRB at ` 598 crore.6 3.292 31.176. DownloadPDF.078 88 182 2.868 228 33.5 0.2: Uses of Funds (` crore) Particulars Amount Cash and Bank Balance Government Securities and other Investments CBLO Production and Marketing Credit Conversion of Production Credit into MT Loans Liquidity Support MT & LT Project Loans * LT Non Project Loans Loans out of RIDF Co Finance Loans(net of provision) Other Loans (including Interim finance) Fixed & Other Assets Total 9.073 0 20 35. The foreign exchange risk on this loan as well as interest payments have been fully placed by NABARD with other banks in order to meet liquidity requirements.1 2.36. 6. Unauthorized Distribution Prohibited.com www.7 0 0.03.16 There were no fresh borrowings during the year.750 1. which are in the nature of “Deemed Advances” 89 ISIEmergingMarketsPDF in-spjainmr from 115.2011 Amount 10.628 3.7 0. .2010 Share (%) 7.7 100. the total outstanding ST loans increased to ` 33. as on 31 March 2011.1 0.1 1.reportjunction.18 Borrowings against Short Term Deposits The investment policy of the bank was amended x. Uses of Funds A.872 Share (%) 6.www.176.373 1. ISI Emerging Markets.0 0.1 26.2). There has been a growth of 40.107 on 2013-09-02 17:18:09 EDT. xi. The outstanding borrowings against STD stood at ` 360 crore.sansco.17 An amount of ` 48 crore was drawn under KfW (UPNRM) which resulted in borrowings in foreign currency from KfW. Borrowings from Commercial Banks hedged at an average annual cost of 1.742 199 60.484 crore and RRB stood at ` 9.605 crore.

The average cost of borrowings (interest expenditure as a per cent of average borrowings) decreased from 6.2).115.28 The Asset-Liability Management Committee (ALCO) of the Bank oversees the monitoring and management of market risk. ` 10 crore and ` 801 crore. Other Loans 6. as on 31 March 2011.742 crore. DownloadPDF. and NFS promotional activities) stood at ` 182 crore as on 31 March 2011 (Table 6.107 at 2013-09-02 17:18:09 EDT. WDF. ALCO also manages The liquidity/interest rate risks. as against a minimum 9 per cent stipulated by RBI. respectively.272 crore and ` 1. refinance provided for investment credit activities grew by 8. 90 ISIEmergingMarketsPDF in-spjainmr from 115. Further. D. amounted to ` 167 crore on 31 March 2011. monitoring results of periodical stress testing of cash flows and identifying a suitable ALM strategy. During the year.824 crore and ` 1. as on 31 March 2011 as against ` 35. FITF.95 per cent.25 The surplus funds were deployed in Government 6. Capital Adequacy Asset-Liability Management prescribed by the RBI/Board. Research and Development Fund.26 The total income of NABARD during the year amounted to ` 9. Downloaded by in-spjainmr from 115.76 per cent. as compared to the PBT and PAT of ` 2. respectively.27 The capital to risk-weighted assets ratio (CRAR) was 21. TDF. as compared to 24. There was a decrease of ` 32 crore as compared to the position as on 31 March 2010 (Table 6. G.22 Refinance assistance extended to banks for medium and long term investment credit reached a level of ` 38.202 crore as against ` 7. an aggregate amount of ` 261 crore was transferred to various Funds. Co-finance Bank entered into agreements with 6.823 crore during the year (Table 6. 6. during the year.2). NRC (Stabilisation) Fund and Reserve Fund. NRC (LTO) Fund. viz.097 crore and amounts aggregating ` 9.reportjunction. inter-alia.176. ` 50 crore. in the previous year.896 crore. . as per the comprehensive ALM/liquidity policies approved by the Board.279 crore. Project Loans under RIDF E. as on 31 March 2011.2). C. Income and Expenditure 6. ISI Emerging Markets.176. recording a net outflow of ` 5.www. FTTF and FIPF. currency-wise sensitivity structural liquidity vis-à-vis and role of ALCO includes.23 The commercial banks to co-finance various projects.20 RIDF loans to State Governments stood at ` 66. reviewing the Bank's interest-rate limits positions prudential 6. The outstanding (net of provision).107 on 2013-09-02 17:18:09 EDT.64 per cent per annum during 2010-11. KfW UPNRM.558 crore. MFDEF. F.83 per cent per annum during 2009-10 to 6. An amount of ` 360 crore.2).002 crore were kept in the form of Short Term Bank Deposits to meet liquidity and contingency requirements.255 crore at the end of previous year. stood at ` 88 crore (Table 6.net B.2). as on 31 March 2011. Investment of Surplus Funds 6. Investment Fluctuation Reserve.078 crore.965 crore for the year 2009-10. Cooperative Development Fund.83 per cent (Table 6. Securities and other Financial Instruments to the extent of ` 6. due mainly to redemption of high cost borrowings.com www. were transferred to Special Reserve u/s 36(1) (viii) of IT Act 1961. Unauthorized Distribution Prohibited. at the end of previous year.21 The amount outstanding under the non-project long-term (LT) loans granted to State Governments for contributing to the share capital of co-operative credit institutions. FIPF. FIF. Non-Project Loans 6. compared with ` 60. as on 31 March 2011. The profit before tax (PBT) and profit after tax (PAT) were at ` 1..sansco. respectively.24 Other loans extended out of different Funds (CDF. Investment Credit 6. as on 31 March 2010.115.

176.115.176. Downloaded by in-spjainmr from 115. DownloadPDF.107 at 2013-09-02 17:18:09 EDT.115.sansco.www.com www. .reportjunction. ISI Emerging Markets. Unauthorized Distribution Prohibited.net Annual Accounts 2010-2011 91 ISIEmergingMarketsPDF in-spjainmr from 115.107 on 2013-09-02 17:18:09 EDT.

ISI Emerging Markets.107 at 2013-09-02 17:18:09 EDT. 23437853.04% of deposits and term money borrowings. read with Significant Accounting Policies and notes on accounts contain all necessary particulars and is properly drawn up in conformity with the accounting principles generally accepted in India so as to exhibit a true and fair view of the state of affairs of the Bank as at March 31. We believe that our audit provides a reasonable basis for our opinion.www. Parikh & Associates Chartered Accountants AUDITORS’ REPORT We have audited the attached Balance Sheet of NATIONAL BANK FOR AGRICULTURE AND RURAL DEVELOPMENT (the ‘Bank’) as at March 31. the Cash Flow Statement gives a true and fair view of the cash flows of the Bank for the year ended on that date. evidence supporting the amounts and disclosures in the financial statements.107 on 2013-09-02 17:18:09 EDT. 2011. The returns received from the Regional Offices and Training Centres of the Bank have been found adequate for the purpose of our audit.1/14/2004-BOA dated January 03. e. .97% of interest income (includes interest on ‘deemed advances’ as per Note B-14(b) of Schedule 18) and 0. Those standards require that we plan and perform the audit to obtain reasonable assurance about whether the financial statements are free of material misstatement. Our responsibility is to express an opinion on these financial statements based on our audit. Sujata. Ministry of Finance. Subject to the limitations of the audit mentioned in paragraph 1 above. we report that: a. and the Profit and Loss Account. DownloadPDF. read with Significant Accounting Policies and notes on accounts. We have conducted our audit in accordance with auditing standards generally accepted in India.sansco. Department of Financial Services. d.F. b. Also incorporated in the Balance Sheet. 2011 issued by Government of India.com www. 107564W Ashok Rajagiri Partner.: 046070 HO : 501. These financial statements are the responsibility of the Bank’s management. c. In our opinion and to the best of our information and according to the explanations given and as shown by the books of the Bank: i. Unauthorized Distribution Prohibited. 17. Website : www. shows a true balance of the ‘profit’ for the year ended on that date and is in conformity with accounting principles generally accepted in India. These offices and training Centre have been selected in consultation with the Bank in terms of notification no.No. The Balance Sheet and Profit and Loss Account have been drawn up in accordance with Schedule ‘A’ and Schedule ‘B’ of Chapter IV of the National Bank for Agriculture and Rural Development (Additional) General Regulations. Profit and Loss Account and Cash Flow Statement are the returns from 17 Regional Offices and 2 Training Centers which have not been subjected to audit. Parikh & Associates Chartered Accountants Firm Registration No.115.400 009.08% of interest expenses.115. 2011 For and on behalf of P . 1984. iii. Downloaded by in-spjainmr from 115.net P . An audit includes examining. We have obtained all the information and explanations which to the best of our knowledge and belief were necessary for the purposes of our audit and have found them to be satisfactory. and ii. Membership No. An audit also includes assessing the accounting principles used and significant estimates made by management as well as evaluating the overall financial statements presentation.176. the Balance Sheet. In our opinion. on a test basis. Fax : 23415455. These unaudited offices account for 19. Mumbai .pparikh. Tel : 23443549. off Narsi Natha Street. 0.com 92 ISIEmergingMarketsPDF in-spjainmr from 115. the transactions of the Bank which have come to our notice have been within the powers of the Bank.29% of advances (includes deemed advances as per Note B-14(c) of Schedule 18). 2011 and the Profit and Loss Account and the Cash Flow Statement for the year ended on that date annexed thereto in which are incorporated the returns of 12 Regional Offices and 1 Training Centre audited by us. Place: Mumbai Date: May 30.176.reportjunction.

47.115.03.00.41 136292.14 158872.20 563.44 592. Parikh & Associates Chartered Accountants FRN.76.63 2000. ISI Emerging Markets.79 193.89.63 As on 31.54 10 11 12 13 14 K Jayakumar Director 93 ISIEmergingMarketsPDF in-spjainmr from 115.93 126027. 9.65.www.79.10 5546. 2011 17 18 SCHEDULE As on 31.23 3431.89. 2011 Rakesh Singh Chairman Dr. Donations and Benefactions Other Funds Deposits Bonds and Debentures Borrowings 1 2 3 4 5 6 7 8 9 2000.20 563.49 7681.176.00 11862.00 149.03. Padmanabhan Chief General Manager Accounts Department Mumbai : May 30.03.09. 046070 Mumbai Date : May 30.68 234.38.13.33 16045.54 10. .33.00.02.99.29.72.96 15983.00.50.65.24.87.67.44 592.48.95 229. 1981) Reserve Fund and other Reserves National Rural Credit Funds Funds out of grants received from International Agencies Gifts.26.09. Downloaded by in-spjainmr from 115. K C Chakrabarty Director Alok Nigam Director K.26.09. 4.06.26.21. Unauthorized Distribution Prohibited.59. S.54 107092.75 17199.reportjunction.net NATIONAL BANK FOR AGRICULTURE AND RURAL DEVELOPMENT BALANCE SHEET AS ON 31 MARCH 2011 Sr. 107564W Ashok Rajagiri Partner : M.176.00.40 82776.65.53 26788.00. Current Liabilities and Provisions Total Forward Foreign Exchange Contracts (Hedging) as per contra (` in '000) Sr. PROPERTY AND ASSETS No.68 4864. 2.29.82 2137.71.2010 1. No. Capital (Under Section 4 of the NABARD Act.2011 107.03 20004.84 136292.09. SCHEDULE As on 31. 6.56 2601. FUNDS AND LIABILITIES No.107 at 2013-09-02 17:18:09 EDT. Grants.2011 (` in '000) As on 31.107 on 2013-09-02 17:18:09 EDT.80 158872.12 5177.62.57 2735. 3. 7.36 69996.2010 9628. 8.13. DownloadPDF.73.03.00 10674. 1 2 3 4 5 Cash and Bank Balances Investments Advances Fixed Assets Other Assets Total Forward Foreign Exchange Contracts (Hedging) as per contra Commitment and Contingent Liabilities Significant Accounting Policies and Notes on Accounts Schedules referred to above form an integral part of accounts As per our attached report of even date P .115.63 2520.com www. 5.sansco.64 4706.00 138.

98 7378.00.54 2.80.86.05 1823.00.49 116. K.07.00.00.00 1279.39.55.00 0 0 0 1628.67.57.01.70.40 96.05.88.65 33.reportjunction.67.No. Downloaded by in-spjainmr from 115.20 0 147. 1961 b) National Rural Credit (Long Term Operations) Fund c) National Rural Credit (Stabilisation) Fund d) Co-operative Development Fund e) Research and Development Fund f) Investment Fluctuation Reserve (Refer Schedule 1) g) Farmers Technology Transfer Fund h) Farm Innovation & Promotion Fund (Refer Schedule 1) i) Producers' Organization Development Fund (Refer Note B-17 of Schedule 18) j) Rural Infrastructure Promotion Fund (Refer Note B-17 of Schedule 18) k) Financial Inclusion Technology Fund l) MFDEF Reserve Fund m) Reserve Fund Total Refer Schedule 18 for Significant Accounting Policies and Notes on Accounts As per our attached report of even date P .00 50. K C Chakrabarty Director Alok Nigam Director K Jayakumar Director 94 ISIEmergingMarketsPDF in-spjainmr from 115.05.04 9. Padmanabhan Chief General Manager Accounts Department Mumbai : May 30.74 132.65.82.94 1. No.74 2272.61 360.00.06 23. ISI Emerging Markets.34 22.99 30.85 89.01.04 10.46 1255.00 1558. 2011 Dr.00 3.82.07. APPROPRIATIONS / WITHDRAWALS 1.63.36 1628. 046070.00.86.107 at 2013-09-02 17:18:09 EDT.99 44.00.58.00 400.88 35.No.20 50. 2.02 (` in '000) 2009-10 6653.60.39.02 460. Unauthorized Distribution Prohibited.41 1481.73 2.44 10.36 5692.83.40.2 3.68.27 7 (` in '000) Sr.23 9202.107 on 2013-09-02 17:18:09 EDT.net NATIONAL BANK FOR AGRICULTURE AND RURAL DEVELOPMENT PROFIT AND LOSS ACCOUNT FOR THE YEAR ENDED 31 MARCH 2011 Sr. No.115.01.62.00 10.49 1.21. EXPENDITURE 1 2 3 4 5 6 Interest and Financial Charges (Refer Note B-5 of Schedule 18) Establishment and Other Expenses Provisions Depreciation Total "B" Profit before Tax (A .00 64.14 11.27 6.00 67.61 3.00 1481.www.79.15.45.00.34.65 2.00.34.26.97.176.60.sansco. S. Parikh & Associates Chartered Accountants FRN.00. Mumbai Date : May 30.32 17.00.00 25.06.45.02 2009-10 1558.75 2.1 Profit for the year brought down Add: Withdrawals from funds against expenditure debited to Profit & Loss A/c a) Co-operative Development Fund (Refer Schedule 1) b) Research and Development Fund (Refer Schedule 1) c) Watershed Development Fund (Refer Schedule 5) d) Micro Finance Development and Equity Fund (Refer Schedule 5) e) Investment Fluctuation Reserve (Refer Schedule 1) f) Farm Innovation & Promotion Fund g) Financial Inclusion Technology Fund Withdrawals of funds which have been closed i) Foreign Currency Risk Fund (Refer Note B-18 of Schedule 18) ii) Soft Loan Assistance Fund for Margin Money (Refer Note B-18 of Schedule 18) iii) Agriculture & Rural Enterprise Incubation Fund (Refer Note B-18 of Schedule 18) Profit available for Appropriation Less: Transferred to: a) Special Reserves u/s 36(1) (viii) of IT Act.00 679.73 350.00.85 1126.00 5.62 7964.176.29.99 943.01 2009-10 4988.00.07 2010-11 6193.94 0 0 0 80.21.00.00.00.18. .00 6.00 84. 107564W Ashok Rajagiri Partner : M.60.00 10.13.88.09.26. DownloadPDF.00 0 801.B) a) Provision for Income Tax b) Provision for Deferred Tax -( Asset) (Refer Note B-11 of Schedule 18) Profit after Tax Significant Accounting Policies and Notes on Accounts Schedules referred to above form an integral part of accounts PROFIT AND LOSS APPROPRIATION ACCOUNT 18 SCHEDULE 15 16 A 16 B SCHEDULE 2010-11 8169.27 647.com www. INCOME 1 2 3 Interest received on Loans and Advances Income from Investment Operations/Deposits (Refer Note B-4 of Schedule 18) Other Receipts (Refer Note B-6 & B-30 of Schedule 18) Total "A" Sr.04 9.00 10.19.83.23. 2011 Rakesh Singh Chairman 2010-11 1279.93 55.05 0 96.115.31.58 547.32 17.

00.00.04 4085.56 8.30 4.53 145.64 95 ISIEmergingMarketsPDF in-spjainmr from 115.15.59.65 6. Unauthorized Distribution Prohibited.02.00 50.00 2.00 50.00.00 147.37 16.2011 14468.00 5.64 154.04.00 Transferred from P&L Appropriation 50.Reserve Fund Farm Innovation & Promotion Fund Total Previous year 6703.2010 Contribution by RBI 1.18.com www. Opening Balance as on 01.00.2010 5902.49 0 116. No.00.00 0 0 0 4445.00.00 15571.00.02 149.00.00.41 17.00 25.00 10674.81.73. Particulars No.67. DownloadPDF.04 0 0 0 0 2.reportjunction.00 50.96 9535.25.77 83.00.96 Schedule 2 – National Rural Credit Funds (` in '000) Sr.34.90.53 259.17 0 4.32 0 0 0 360.60 Additions/ adjustments during the year 0 0 0 0 0 0 0 0 0 0 0 0 5.30.58.06.00 25.00.00 50.77 73.00. Downloaded by in-spjainmr from 115.05.52 55.00 74.00.29 2.32 10.00.00.49 91.00.00.69 0 14.68 0 4.00 1.00. 1961 Producers' Organizations Development Fund Rural Infrastructure Promotion Fund MFDEF .2010 the year Interest credited to the Fund Exp.Swiss Development Coop.00.00.00 Schedule 3 – Funds out of Grants received from International Agencies (` in '000) Sr.00 1577. 1.net SCHEDULES TO BALANCE SHEET Schedule 1 – Reserve Fund and Other Reserves (` in '000) Sr.06 15.00 5.00 410.00.00 2.2011 1 2 3 4 National Bank .07 1154.61.20.31 16.115.73.176.14.56 149. ISI Emerging Markets.60.00 125.80.00.89.04.07.115.59.75 25.33 10674.49 0 2.70 14.00 Balance as on 31.91.107 at 2013-09-02 17:18:09 EDT.00.03.00 11862.05.04.00.87.00.00 74.00 National Rural Credit (Long Term Operations) Fund 14417.00 10.sansco.16.79 0 0 79.87.07.03. .00.00 0 Transferred From P&L Appropriation 801.00 147.www.32 Transferred to P&L Appropriation 0 17.31 (-)33.NABARD V Fund for Adivasi Programme Total Previous year 55.00. Particulars No.00 16045.00.00.62.05.99.00.00.00 10.00.00.80.00.20 1378.00 80.00.00 0 0 80.107 on 2013-09-02 17:18:09 EDT.00 5.00 0 2.33.65 6.00.2011 1 2 3 4 5 6 7 8 9 10 11 12 13 Reserve Fund Research and Development Fund Capital Reserve Investment Fluctuation Reserve Co-operative Development Fund Soft Loan Assistance Fund for Margin Money Agriculture & Rural Enterprise Incubation Fund Foreign Currency Risk Fund Special Reserves Created & Maintained u/s 36(1)(viii) of Income Tax Act.28./Disb.20 190.80 50.176. 2 Opening Balance as on 01.67.03.06./adjusted during the year Balance as on 31.00.96 Balance as on 31.00 60.13 1.00 15983.39 50.00 15983.52. Particulars Opening Grants received/ Balance as on adjusted during 01.61.00 National Rural Credit (Stabilisation) Fund Total Previous year 1566.97 17.31.39.92 138.41 31. Project Rural Innovation Fund (RIF) (Refer Note B-2 & 8 of Schedule 18) Rural Promotion Fund (Refer Note B-2 & 8 of Schedule 18) KfW .39.00 125.72.38 9.19.

73 74.8 of Schedule 18) KfW Umbrella Programme on Natural Resource Management Fund (Refer Note B.92 0 16.com www.45 (-) 6.84 82.15 199.03.79 2.66 4.61 99.00 Particulars Opening Balance as on 01.48 52.39 2.30 7.41.41 3.Accompanying Measures KfW NB UPNRM .84 1.66.33 73 15 0 9.176.115.07 0 0 0 0 5.32 52.55 89. 1 2 3 4 5 6 7 8 9 10 11 12 13 14 Capital Investment Subsidy for Cold Storage Projects .49 2.Financial Component NE Council Fund for Miscellaneous Training Programme KfW NB SEWA Bank Capitalisation of Rural Financial Institutions (RFIs) GTZ Rural Financial Institutions Program (RFIP) 6.63.11.44 86.25 2.64.03 26. A.10 0 0 25. 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 B.55 0 0 50.00 50.00.NHB Capital Subsidy for Cold Storage NHM Capital Subsidy for Cold Storage TM North East Credit Linked Capital Subsidy for Technology Upgradation of SSIs Capital Investment Subsidy for Rural Godowns On-farm Water Management for Crop Production Million Shallow Tubewell Programme .85.3 of Schedule 18) NABARD Grant for Fixed Assets under NB-SDC HID Project GTZ-NABARD RFP .67 3.Financial Contribution KfW UPNRM .11 96.176.86.00 83.sansco.2011 96 ISIEmergingMarketsPDF in-spjainmr from 115.00.Bihar Bihar Ground Water Irrigation Scheme (BIGWIS) Cattle Development Programme Uttar Pradesh (Refer Note B.107 at 2013-09-02 17:18:09 EDT.66 4.66 58.11 86.net Schedule 4 – Gifts.24.18 3.17 9.84 1.03.64.74 10.31 2.80 0 27. ISI Emerging Markets.95.55 3.63 1.85.36 2.53.60 1.39 3.94 0 2.11 43.18 16.73 9.38 1.67 9.88 81.18.24.89.42 16.24 18.42 78.09.05.107 on 2013-09-02 17:18:09 EDT.98 0 42.94 97.07 0 27.54 0 9.98 1.12.51 6.00 1.98 9.25 0 31.31.47 0 11.8 of Schedule 18) KfW UPNRM .00 2.96 6.75 1.63.8 of Schedule 18) Cattle Development Programme .44 12.reportjunction.78.74 (-)19.02 1.93 KfW .8 of Schedule 18) Indo German Watershed Development Programme Rajasthan (Refer Note B.60 0 1.Risk Mitigation Fund International Fund for Agriculture Development (IFAD) Priyadarshini GTZ .21.IX Adivasi Development Programme Maharashtra (Refer Note B.55.78 0 0 0 0 0 0 16.16.96 6.38.53 0 0 (-)1.90.2010 Grant received during the year Interest Credited to the Fund Adjusted against the expenditure Balance as on 31. DownloadPDF.Uttarakhand Regional Economic Development KfW-NB-Indo German Watershed Development Programme Phase III .00 2.46 6.31 19.69 (-)7.22 14. Donations and Benefactions (` in '000) Sr.Maharashtra (Refer Note B. .92 2.80 71 53 1.32.00 0 0 0 0 0 0 0 0 0 8.46.44.76.97 0 11.15 182.84.74 4.59.00 11. Grants.82.94 5.04.115.00.20.73.64.8 of Schedule 18) National Project on Organic Farming Integrated Watershed Development Programme Rashtriya Sam Vikas Yojana Centrally Sponsored Scheme on Integrated Development of Small Ruminants and Rabbits Rain Water Harvesting Scheme 19. No.18.06 1.18.28 0 0 0 0 44.01.76.8 of Schedule 18) Indo German Watershed Development Programme Andhra Pradesh (Refer Note B.00 0 0 0 1.19 2.88 70.86.37.60 11.69 3.07 58.22.65.96 1.NB .06 11. Downloaded by in-spjainmr from 115.23 39.66.24 11.52 20.84 11.www.8 of Schedule 18) Indo German Watershed Development Programme Gujarat (Refer Note B.63.Bihar (Refer Note B.00 14.93. Unauthorized Distribution Prohibited.82 19.72 11.

00 31.39.00 1.107 on 2013-09-02 17:18:09 EDT.657 97 ISIEmergingMarketsPDF in-spjainmr from 115.21.00 20.512 252.96 1.52 1.35 12.68.14.85 20.www.90.12 16.61. Uttar Pradesh (Refer Note B.451 126.000 386.135 320.8 of Schedule 18) Multi Activity Approach for Poverty Alleviation . Uttar Pradesh (Refer Note B.922 47. 15 16 17 18 19 20 21 22 Particulars Opening Balance as on 01.92.352.310 21. Grading and Standardisation Centrally Sponsored Scheme for establishing Poultry Estate Livelihood Advancement Business School Sultanpur.65 5.64 25 26 27 28 29 30 31 32 33 34 35 36 C 1 2 3 4 5 D 160.16.37 1240.279.48.41 1.200 200.62 32.Rae Bareli.00.92. Grants.50 77.19 9.132 6.027 188.8 of Schedule 18) GTZ UPNRM Technical Collaboration CSS . ISI Emerging Markets.79 3750.126 200.00 31.04.00 2.Rae Bareli.75.60.com www.115.96 5.00 0 (-)11.47 16.21 1.61 1256.892.115.86 200. Downloaded by in-spjainmr from 115.76 0 Interest Credited to the Fund 0 0 0 0 0 0 2.37.27.40. Unauthorized Distribution Prohibited.943.018.60.900 0 29.176.62.25.245 (-)4.06.91 98.2011 39. DownloadPDF.on Pig Development Dairy Entrepreneurship development Scheme CSS .073 91.406.74 419.915 3.97.14 24 1.52 1.68.887.32 2930.net Schedule 4 – Gifts.425 139.00.51.03 2.00.07.42 9.8 of Schedule 18) Multi Activity Approach for Poverty Alleviation Sultanpur.48 0 3.BAIF .14 0 51.reportjunction.93 257.107 at 2013-09-02 17:18:09 EDT.657 51.067.81 10.85.04 0 (-)1. No.92 5.12.57 38.71 134.33 1.53 2.539 54.31.60.S & R Male Buffaloe calves CSS .90 Balance as on 31.979 525.00 0 4.000 (-)320.01 39.65.24.47 23 47.37 0 92.34.78 11.59.45.991 5.71.00 35.103.00 20.047 19.00 11.03.JNN Solar Mission CSS .725 122.sansco.98 83.00 10.8 of Schedule 18) Livelihood Advancement Business School .000 47.58 10.Avian Flu) United Nation Development Programme(UNDP) NABARD-Financial Inclusion Fund Agricultural Debt Waiver and Debt Relief Scheme (ADWDR)2008 Interest Subvention (Sugar Term Loan) Revival Package of Short Term Cooperative Credit Structure Cost of Special Audit Recapitalisation Assistance to Credit Cooperative Societies Technical Assistance Human Resources Development Implementation Cost Revival Package for Long Term Co-operative Credit Structure (LTCCS) Total Previous year 81. .82 7.39.000 26.58.on Rural Slaughter Houses Capital Subsidy Scheme Agri Clinics and Agri Business Centres Artificial Recharge of Groundwater in Hard Rock Area ISSPUAF (4% Interest Subvention scheme .176.313.63 5.64 3. Donations and Benefactions (` in '000) Sr.79.16 Kutch Drought Proofing Project Dairy and Poultry Venture Capital Fund Poultry Venture Capital Fund Scheme for providing Financial Assistance to Sugar Undertakings .826 0 50.252 0 0 0 0 0 0 6.73 1.00 1.50.34 0 1.53 0 5.82.2010 64. Uttar Pradesh (Refer Note B.27 41.89.25 19.10.067.600 (-)160.12.08 0 0 0 0 0 0 0 0 0 0 0 0 0 53.94.08 Adjusted against the expenditure 25.05 1256.68 54.2007) Capital Subsidy for Agriculture Marketing Infrastructure.92 1.93 0 0 0 0 0 0 1.00.2007 (SEFASU . Uttar Pradesh (Refer Note B.694 104.04.87.61 7.00 (-)1.98 Grant received during the year 0 12.09.906 114.54 0 41.854 15.31 1.

28.86 1.89 13.sansco.00.11.39 0 101.20.97 3 145.71.73 865.67.99.52 23.52 14622. Opening Balance as on 01.2011 1 2 Watershed Development Fund Micro Finance Development and Equity Fund (Refer Note B.61.54 43.06. Downloaded by in-spjainmr from 115.00 7.29.55 20.2011 98.01 0 81.25.46.00.55.02.176. Particulars No.69 10.03 51.12 98 ISIEmergingMarketsPDF in-spjainmr from 115.37 33.03.46.64 5 6 7 8 52.115.80.15.69.00 2735.45 0 7.75 138.89.net Schedule 5 – Other Funds (` in '000) Sr.03.57 26788.55.40 4554.2010 188.40.83.73 4 11.05.63.89 55.50.49 As on 31.75 139.05.54 139.69 381.93 53.58.com www.11.77 54.www.76.176.32 59868. .67 45.00.41 2735.53.03 Schedule 7 – Bonds and Debentures (` in '000) Sr.34.00 0 11.15 11.63 9.26 72.03.00 361.57 12.8 of Schedule 18) Farmers Technology Transfer Fund Total Previous year 1102.115.06.08 101.25.40 1.38.50. 1 2 3 From Central Government From State Governments From Others a) Tea / Rubber / Coffee Deposits b) Term Deposits c) Commercial Banks (Deposits under RIDF) d) Short Term Co-operative Rural Credit Fund Total As on 31.99.00.82.03.55 151. 1 2 3 4 5 SLR Bonds Non Priority Sector Bonds Capital Gains Bonds Bhavishya Nirman Bonds NABARD Rural Bonds Total As on 31.77 9622.68.09 14876.41 4.46 19.28 1150.99.29.41 0 0 12.21.04.06 23.64.16 0 0 0 0 157.70 100. ISI Emerging Markets.15 67877.03.00.61 48.67.35 9 Schedule 6 – Deposits (` in '000) Sr.55.54 366.10.41.30.83.00 96.70 4975.23.25 82776. Particulars No.64.10.2010 0 0 123. Particulars No.50 22.39 10.73.30.107 on 2013-09-02 17:18:09 EDT.2010 Additions/ Adjustments during the year Transferred from P & L Appropriation Interest Credited Expenditure/ Disb. Unauthorized Distribution Prohibited.00 33.14 1897.00 930.28.50.2011 0 0 228.31 1054.00 3431.86.55 2.47.70 21682.23 0 0 0 0 0 0 0 4.63.53 As on 31.68 691.8 of Schedule 18) Interest Differential Fund (Forex Risk) Interest Differential Fund (Tawa) Adivasi Development Fund Tribal Development Fund Financial Inclusion Fund (Refer Note B.20.54 64.01.8 of Schedule 18) Financial Inclusion Technology Fund (Refer Note B.95.36 1.107 at 2013-09-02 17:18:09 EDT.36 2101. DownloadPDF.00.during the year Transferred to P&L Appropriation Balance as on 31.35.00 5.52.19.25 69996.99.60.40.57 20004.90 0 0 0 0 10.reportjunction.41 20.00.

37.com www.18 15.41 8 0 12.00 35.03. .62.00 68.19 of Schedule 18) Provision for Pension (Refer Note B.68 Schedule 9 – Current Liabilities and Provisions (` in '000) Sr.93.12 0 3.81 934.26.14 694.61 5177.86.01 5.91.64 -9.36.57.89 1.26 As on 31.00.80 As on 31.27 41. DownloadPDF.115. .38 50 0 594.45.sansco.176.03.07 0 136.03.18. Sec.80 594.81 0 110. Particulars No.36 0 8.44.19 of Schedule 18) Provision for Encashment of Ordinary Leave (Refer Note B.00 500.84 Schedule 10 – Cash and Bank Balances (` in '000) Sr.31 401.40 90. 1 2 Cash in hand Balances with : a) Reserve Bank of India b) Others (I) In India (i) Other Banks in India a) On Current Account b) Deposit with Banks (ii) Remittances in Transit (iii) Collateralised Borrowing and Lending Obligations (II) Outside India Total As on 31.16.107 on 2013-09-02 17:18:09 EDT.45. Downloaded by in-spjainmr from 115.00 1. ISI Emerging Markets.45.39.44. Particulars No.32.2011 123.equity (d) Countercyclical Provisioning Buffer (Refer Note B.07.62.82 9000. 1 2 3 From Central Government Reserve Bank of India From Others : (a) In India (i) Certificate of Deposits (ii) Commercial Paper (iii) Borrowing under Collateralised Borrowing Lending Obligation (iv) Term Money Borrowings (v) Commercial Banks (vi) Borrowing aginst STD (b) Outside India (i) From International Agencies Total As on 31.107 at 2013-09-02 17:18:09 EDT.32.29.82.71.00 0 360.00 3. 1 2 3 4 5 6 7 8 9 10 11 12 13 14 Interest / Discount Accrued Sundry Creditors Subsidy Reserve (Co-finance.93 25.2010 12 25.115.44.96 5.27 of Schedule 18) (e) Sacrifice in interest element of restructured loans (f) Provision for Other Assets & Receivables Total As on 31.75 99 ISIEmergingMarketsPDF in-spjainmr from 115.80 533.28 93.73.Cold Storage) Subsidy Reserve .14 5546.09.40 0 0 9628. Particulars No.19 of Schedule 18) Unclaimed Interest on Bonds with RBI Unclaimed Interest on Bonds Unclaimed Interest on Term Deposits Term Deposits Matured but not claimed Bonds matured but not claimed Application money received pending allotment of Bonds Provisions and Contingencies (a) Amortisation of G.71 0 As on 31.2011 3527.64.33.03.34 762.51.2010 146.04. Unauthorized Distribution Prohibited.48 4864.97.14 6447.2010 2489.06.65.32 90.41 801.50.54 4.00 0 494.00.64.25 690.00 0 3.85.53.00.79.46.76.reportjunction.37 228.03.90.90 2679.44 7681.00 17.57.72.03.64.HTM (b) For Standard Assets (c) Depreciation in value of investments .15 91.48.76 214.80 1.46 972.64 6.90.10 379.00 502.40.20 20.94.44.net Schedule 8 – Borrowings (` in '000) Sr.97.56 0 107.CSAMI under RIDF Provision for Gratuity (Refer Note B.01 40.02.2011 7 38.176.www.

000 (1.00.107 on 2013-09-02 17:18:09 EDT.APIDC-V Investment Total ` 8.61.00.70)] [Market Value ` 2563.00 17199.50 4.00 1.09 (` 1971.107 at 2013-09-02 17:18:09 EDT. [52.00.Equity shares of ` 10 each] NABARD Consultancy Services Pvt.000 (1.50 13.00. 1 Particulars Particulars Government Securities Schedule 11 – Investments as on as on 31. DownloadPDF.115.Equity shares of ` 10 each] Multi Commodity Exchange of India Ltd.98. Downloaded by in-spjainmr from 115.00)] Certificate of Deposit [Face Value `.98.65.000) .67.www.60.59.00 5.115.00.00 1.00.Equity shares of ` 10 each] Agri-Business Finance [Andhra Pradesh] Ltd.55 2548.50.00.176.00 ( `.Equity shares of ` 10 each] (iii) Manganese Ore India Ltd.00.00. .net Sr.00 0 0 5.000 (50. [84.000 (52.60.00.Equity shares of ` 10 each] Agri Development Finance [Tamil Nadu] Ltd.com www.00.Business Fund APIDC .21.50.00 48.00 5. [1.Equity shares of ` 10 each] Others Commercial Paper [Face Value `.04)] b) Treasury Bills 2 3 (a) (b) (c) (d) Other Approved Securities Equity Shares in : Agricultural Finance Corporation Ltd. [11719 (NIL) .Equity shares of ` 10 each] (ii) Power Grid Corporation of India Ltd.09 0 0 1.Equity shares of ` 10 each] including 312500 Bonus shares allotted during the year National Commodity and Derivatives Exchange Ltd.03 1991.20.00. Ltd.70 (` 1979.00.785. [17389 (NIL) .00.2011 as on(` in '000) as on 31.34 37.00.2010 a) Securities of Central Government (Refer Note B-7 of Schedule 18) [Face Value ` 2599.56 225. ISI Emerging Markets.93 0 900.00.54 100 ISIEmergingMarketsPDF in-spjainmr from 115.00.00 60.20.000) .73 ` 43.00.90 0 18. Sr.000) .850) .80.1950.65.00.000 ` 5.00 (NIL)] Units of Liquid Mutual Funds (Refer Note B-22 of Schedule 18) SEAF .00.00.000 (52.Ventureast Life Fund III BVF (Bio-Tech Venture Fund) .00.25. [52.99. [1562500 (12.04 1.000) .reportjunction.00 1861.000) .00 15.50.51 6.000 ` 5.31. [50.87.Equity shares of ` 10 each] (iv) Punjab & Sindh Bank [7958 (NIL) .00.00.India Agri .000 ` 42.14 of Schedule 18) Non Convertible Bond Shareholding in subsidiaries and Joint Venture NABARD Financial Services Ltd.700.29.000 (53.176.60 ` 25.91 744.16.000) .00 13413.00 5. [28592 (NIL) .000 (52.sansco.000 each] Small Industries Development Bank of India [1.11.000) .Equity shares of ` 10.000 (6.00 193.00 60. [6. [56.80.00.60.50.000) .40.42.Equity shares of ` 10 each] Other Equity Investments (i) Coal India Ltd.00 0 0 1. No.Equity shares of ` 10 each] Agriculture Insurance Company of India Ltd.26 390.00 (e) (f) 16.Equity shares of ` 10 each] 4 (a) (b) 5 (i) (ii) (iii) (iv) 6 (a) (b) (c) (d) (e) (f) Debentures and Bonds Special development Debentures of SCARDBs (Refer Note B. Unauthorized Distribution Prohibited.25.83 0 13461.00.00.00 48.00.09.00.00.03.03.95 ` 9.25.16.00.99.

60.10 144.64.23 2.76 234.24.60.24 66.22.02. Unauthorized Distribution Prohibited.55 1.14.60.21.72 12.59.06 56.47. 1 LAND : Freehold & Leasehold (Refer Note B-13 of Schedule 18) Opening Balance Additions/adjustments during the year Closing Balance (at cost) Less: Amortisation of Lease Premia Book Value PREMISES (Refer Note B-13 of Schedule 18) Opening Balance Additions/adjustments during the year Closing Balance (at cost) Less: Depreciation to date Book Value FURNITURE & FIXTURES Opening Balance Additions/adjustments during the year Sub-Total Less: Cost of assets sold/written off Closing Balance (at cost) Less: Depreciation to date Book Value COMPUTER INSTALLATIONS & OFFICE EQUIPMENTS Opening Balance Additions/adjustments during the year Sub-Total Less: Cost of assets sold/written off Closing Balance (at cost) Less: Depreciation to date Book Value VEHICLES Opening Balance Additions/adjustments during the year Sub-Total Less: Cost of assets sold/written off Closing Balance (at cost) Less: Depreciation to date Book Value Total as on 31.36 77.59.99.115.00 87.31.03.32 10.21 1.15 3.43.36 0 0 20.36 1.68 89.57 57.23 167.13 1.99.19 68.09.93 1.70.83 57.43.26.45 62.60.23.68.76.48.22.02.77.11.net Schedule 12 – Advances Sr.2011 33884.47 1.89 198.74.95 (` in '000) as on 31.03.29 40.27.176.60 29.03.64 259.12.76.72 1.reportjunction.11.2010 24073.04 4.67 60.43.54.29.04 20.39.09 6.00 60255.42.57 1.17 4.02 6.63.20 39.20 32.80 0 83.27 4.70 8.2011 146.75 229.56 3.48.03.12.11 4.78 1.58 107.96.00.82 40.24.76.www.08.33.67.35.01 259.54 1.27.13 38.65 107.47 54.84 11.51.27. Downloaded by in-spjainmr from 115.45.51.107 at 2013-09-02 17:18:09 EDT.56 58.59.16 53.97 4.30 2.55.68 2 a) b) c) Schedule 13 – Fixed Assets Sr.75 50.48 72.71.05 85.08.22. 1 a) b) c) d) e) Particulars Refinance Loans Production & Marketing Credit Conversion Loans for Production Credit Medium Term Investment Credit.61 0 66077.58.34.75.01.92.22 3.82.08.83 2 3 4 5 101 ISIEmergingMarketsPDF in-spjainmr from 115.08.95.50 4. Particulars No. DownloadPDF.67 0 0 25435.2010 144.09 1.83.28 10. ISI Emerging Markets.68 8.45.com www.03 71.48 1.33 107.96 2.35 263.17.48 2.88 57. No.75 5.04 114.63.81.47.85.80 258.00.20.45.96.77 146.00 22328.33 193.30 4.21.08.15 55.59 72.70 13.46 156.176.13.83 68.sansco.78.66.08.16 148.63 (` in '000) as on 31. .24.08.06.23 58.39.107 on 2013-09-02 17:18:09 EDT.115.Non-Project loans Liquidity Support Other Investment Credit : i) Medium Term and Long Term Project Loans (Refer Note B-14 of Schedule 18) ii) Long Term Non-Project Loans iii) Interim Finance Direct Loans Loans under Rural Infrastructure Development Fund Other Loans: i) Co-operative Development Fund ii) Micro Finance Development Equity Fund iii) Watershed Development Fund iv) Tribal Development Fund v) KfW UPNRM vi) Farm Innovation & Promotion Fund vii) NFS Promotional Activities Co-Finance Loans (Net of provision) Total as on 31.

115.47 130.13 2.28.77 15.36 14.79 1.08 4.31 0 25 76.86 4.26 4.80 18.65 22.2010 1 2 3 4 5 6 7 8 9 10 11 12 Accrued Interest Deposits with Landlords Deposits with Government Departments and Other Institutions Housing loan to staff Other Advances to staff Advances to Landlords Capital Work in Progress [Purchase of Staff Quarters & Office Premises] Sundry Advances Advance Tax (Net of Provision for Income Tax) Deferred Tax Assets [Refer Note B-11 of Schedule 18] Expenditure recoverable from Government of India/International Agencies. Uttar Pradesh y) Multi Activity Approach for Poverty Alleviation BAIF Project Sultanpur.10. Brokerage.76.08.Maharashtra t) KfW .76.5 of Schedule 18) c) Tea / Coffee / Rubber Deposits d) Term Money Borrowings e) Term Deposits f) Financial Inclusion Fund g) Financial Inclusion Technology Fund h) Borrowings from International Agencies i) Commercial Paper (Refer Note B.39 60 29.78.24 1. .37 65.62 3.83 2872.39 128.48.36 6.67.08 20.58.35.03.59.62 11.74 3 6. Unauthorized Distribution Prohibited.46 71 1.85 24.30.19 1680.93 233.56.97.20.78 1623.80.47 317.25 5. No.71.86 247.45.58 4.73.37 3.50.06.04 6.48 45.35 6.82.11.45.24.86 140.48.39 22.57 35.06 51.75.07.35.14 5.14.58.93.19 62.35 44.84 53 21.22 9.78 5.54 3. Discount Receivable Total 1815.58 10.80.44.46 31.00.34.58 102 ISIEmergingMarketsPDF in-spjainmr from 115.22 2.21 124. Uttar Pradesh aa) Multi Activity Approach for Poverty Alleviation BAIF Project Rae Bareli.50.sansco.84 38. Sr.06.25.63 21.41 Sr.19 34. Uttar Pradesh ab) Commitment Charges -KfW UPNRM Borrowings ac) Deposits / Borrowings ad) Discount Cost Paid on Certificate of Deposits Discount on Collateralised Borrowing and Lending Obligations Swap Charges Discount.25.176.46 2. Downloaded by in-spjainmr from 115.21.72 26.26 81.14.74.37 3714.50 68 15.115.28.19 8.86.03 23.26 0 7.89 2520.91 6.reportjunction.69.07 259.com www.80. Particulars No.08 4.16 4988.32.29.60 2137.00 5.22.15.5 of Schedule 18) j) Borrowing aginst ST Deposit k) KfW UPNRM .52. ISI Emerging Markets.55 11.86. Particulars Particulars Schedule 14 – Other Assets as on as on 31.IX Adivasi Development Programme u) Indo German Watershed Development Programme . on Bonds and Securities Total 10.82.Accompanying measures l) Short Term Cooperative Rural Credit Fund m) Deposits under RIDF n) Cattle Development Programme (UP & Bihar) o) Watershed Development Fund p) Micro Finance Development and Equity Fund q) Indo German Watershed Development Programme .57 1.00 1.2011 as on (` in '000) as on 31. Particulars Sr. Uttar Pradesh z) Livelihood Advancement Business School RF Project Rae Bareli.50. Commission & issue exp.91.03.78.Andhra Pradesh r) Indo German Watershed Development Programme .29.45.28 37.19 61.01.176.03 51.74 5.107 at 2013-09-02 17:18:09 EDT.80 5.14 1496. 1 Schedule 15 – Interest & Financial Charges 2010-11 2010-11 (` in '000) 2009-10 2 3 4 Interest Paid on a) Loans from Central Government b) Bonds (Refer Note B.www.35 1.32.NB .70 18.00 2.107 on 2013-09-02 17:18:09 EDT.47 1.15. DownloadPDF.net Sr.77 4.80 6193.04 2.Gujarat v) Corporate Borrowings from Banks and FIs in India w) Rural Innovation Fund x) Livelihood Advancement Business School RF Project Sultanpur.44 5.36.NB Indo German Watershed Development Programme Phase III .05.25.Rajasthan s) KfW .

00 47.77.03.06 17.176.Sec Depreciation in Value of Investment Account .27.00 17. .80.06.46.40 3.9 of Schedule 18) Non Performing Assets NB Gen Advices Depreciation in Investments G.28 4.52. No.05 44. etc.58.2010 60.115.60 11. DownloadPDF. Sr.81.81.20 27.01. (Refer Note B-21 of Schedule 18) Sub Total "B" Total (A + B) As on As on 31. 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 Particulars Particulars Salaries and Allowances (Refer Note B.sansco.60.81.com www. Lighting.71.50.00 3. Unauthorized Distribution Prohibited.75 1.80.24 0 (-)5.93 103 ISIEmergingMarketsPDF in-spjainmr from 115.29 37.74 Schedule 16 B – Provisions Sr.86 40. Telegrams & Telephones Repairs Auditors' Fees Legal Charges Miscellaneous Expenses Expenditure on Miscellaneous Assets Expenditure on Study & Training [Including ` 7.50.80.33 0 0 37.92 (-)4.115.94 23.36.86.40.2011 37.70.37 33.14 2.04 10.44.61.49.00 (-)53.87 8.107 on 2013-09-02 17:18:09 EDT. Rates.27 16 17 6.33.176. ISI Emerging Markets.08 20.Equity Sacrifice in interest element of restructured Accounts Other Assets / Receivable Total 2010-11 2010-11 (` in '000) 2009-10 0 0 32.90 22.22 5.097) pertaining to establishment expenses of Regional Training Centers] Expenditure on promotional activities under (i) Cooperative Development Fund (ii) Micro Finance Development and Equity Fund (iii) Watershed Development Fund (iv) Farm Innovation and Promotion Fund (v) Exp. No.60.36.69 25.107 at 2013-09-02 17:18:09 EDT.26.35 1. Downloaded by in-spjainmr from 115.51 19. for NFS Promotional Measures/ Activities Wealth Tax Total 2010-11 2010-11 5.29 3.81.06.79.www.28. Sec Standard Assets (Refer Note B.03.57.36. 1 2 3 4 5 6 7 8 Particulars Particulars Provisions for : Amortisation of G.06 Schedule 17 – Commitments and Contingent Liabilities Sr.22 84.01.32 11.58 2.96 2.86. Insurance.83.97.16 1. Sr.48.40.90.43 6. Sr.77 1.15 of Schedule 18) Contribution to / Provision for Staff Superannuation Funds Other Perquisites & Allowances Travelling & Other allowances in connection with Directors' & Committee Members' Meetings Directors' & Committee Members' Fees Rent.70.67 29.85 6. No.86 2.56 2.58 7.46.23 0 0 (-)67.08 (-)8.01.39.38.97 41.88 3.62.29 As on(` in '000) As on 31.net Schedule 16 A – Establishment and Other Expenses Sr.57.81.06 2(` in '000) 2009-10 2.09.96.21 8.62. Travelling Expenses Printing & Stationery Postage.33 60.63 24.59 44.05.60 3.47.397(` 5.59 132.34 18.98 24.66 35.82.44.reportjunction.46 19.65 19.60 63. 1 2 (i) Particulars Particulars Commitments on account of capital contracts remaining to be executed Sub Total "A" Contingent Liabilities Claims against the Bank not acknowledged as debt.97.10 23.18.44 96.55.15 13.

2. 2011 OF ACCOUNTS FOR THE YEAR SIGNIFICANT ACCOUNTING POLICIES Basis of Preparation 2. 3. the example of such cases include the estimated life of fixed assets.2 Issue expenses relating to floatation of bonds are recognised as expenditure in the year of issue of Bonds. Income and expenditure 3.7 Depreciation on other fixed assets is charged over the estimated useful life of the assets ascertained by the management at the following rates on Straight Line Method basis: Type of Assets Furniture and Fixtures Computer Installations Office Equipments Vehicles Depreciation Rate 20% 32% 20% 20% 2. 3.1 The accounts are prepared on the historical cost convention and comply with all material aspects contained in the National Bank for Agriculture and Rural Development Act.2 Expenditure incurred on assets purchased for the value not exceeding ` 5. duties. Actual results could differ from such estimates. 1. Watershed Development Fund. on written down value basis 3. 104 ISIEmergingMarketsPDF in-spjainmr from 115.000 at each accounting unit under a single head of expenditure. on straight–line basis.115. etc. Fixed Assets and Depreciation 3. 2. provision for anticipated losses.5 Depreciation on premises situated on free hold land is charged @ 10% p. DownloadPDF. 1981 and Regulations thereof. Expenses not exceeding ` 10.www. d. less accumulated depreciation and impairment losses. The cost of assets includes taxes.107 on 2013-09-02 17:18:09 EDT. 1. 3. . Service Charges on loans given out of Micro Finance Development and Equity Fund.107 at 2013-09-02 17:18:09 EDT.reportjunction. where segregated values are not readily available.176. Unauthorized Distribution Prohibited. if any.sansco.2 Preparation of financial statements as per Generally Accepted Accounting Policies (GAAP) requires the management to make several assumptions and estimates that affect reported results and the reported state of affairs of the Bank.000 per unit is charged to Profit and Loss Account.115. whichever is higher. freight and other incidental expenses related to the acquisition and installation of the respective assets. b. Downloaded by in-spjainmr from 115. Except otherwise mentioned. liability on account of employee retirement benefits. c. 1 Fixed assets are stated at cost of acquisition. ISI Emerging Markets. 3. when the right to receive the dividend is established. 1.3 Land includes free hold and leasehold land.a. the accounting policies have been consistently applied by National Bank for Agriculture and Rural Development (NABARD / the Bank) and are consistent with those used in the previous year.4 Premises include value of land. Subsequent expenditure incurred on existing assets is capitalised only when it increases the future benefit from the existing assets beyond its previously assessed level of performance. Such differences are recognized in the year of outcome of such results.176.6 Depreciation on leasehold land and premises situated thereon is computed and charged @5% on written down value basis or the amount derived by amortising the premium/cost over the remaining period of lease hold land. applicable Accounting Standards (AS) issued by the Institute of Chartered Accountants of India (ICAI) and regulatory norms prescribed by the Reserve Bank of India (RBI). 3. AND ENDED NOTES FORMING PART MARCH 31.com www. Interest on non-performing assets identified as per RBI guidelines.1 Income and expenditure are accounted on accrual basis except the following. which are accounted on cash basis: a. Income by way of penal interest charged due to delayed receipt of loan dues or non–compliance with terms of loan.net Schedule 18 SIGNIFICANT ACCOUNTING POLICIES A.3 Dividend on investments is accounted for.

is ignored and loss. as per the criteria specified in AS 26 “Intangible Assets”.11 Transfer of a security between the categories is accounted for. Foreign Currency Transactions 7. commission. wherever necessary. “Available for Sale” (AFS) and “Held to Maturity” (HTM) categories (hereinafter called “categories”). 105 ISIEmergingMarketsPDF in-spjainmr from 115. 5. if the latest Audited Accounts of the investee companies is available.176. at lower of the acquisition cost/book value/market value on the date of transfer and depreciation. 8. 8.4 Provision for diminution. paid at the time of acquisition. Securities which are not to be classified in the above categories are classified as “AFS”. however.per share as per RBI guideline. based on a periodic review and in conformity with the provisioning norms prescribed by RBI. if any. which are covered by hedging agreements.sansco.7 Treasury Bills are valued at carrying cost.107 on 2013-09-02 17:18:09 EDT. Provision for standard assets and non–performing assets is made in respect of identified advances. ISI Emerging Markets.5 Profit on sale of investment categorized under “HTM” is recognized in Profit & Loss A/c and then transferred to Capital Reserve A/c. 5. 7. is provided for investments in the categor y classified as “AFS”.3 Investments categorized under “HTM” are car ried at cost and provision for depreciation/ diminution/amortisation. is provided for. if any. in the value of investments in subsidiaries under the category “HTM” is made.6 Investments under “AFS” and “HFT” are marked to market scrip-wise at the rate declared by Primary Dealers Association of India (PDAI) jointly with Fixed Income Money Market and Derivative Association of India (FIMMDA).www.115.115. on such transfer. etc. or at ` 1/. 4. While only net depreciation.com www. Downloaded by in-spjainmr from 115.176. Advances and Provisions thereon 6. if any. 5. No depreciation is charged on assets sold during the year.107 at 2013-09-02 17:18:09 EDT.1 Foreign currency borrowings. if any. 6. Unauthorized Distribution Prohibited.1 The Bank has a Provident Fund Scheme managed by RBI. Investments 5. is fully provided for. 6.9 Brokerage. are marked to market at every reporting date. Investments that the Bank intends to hold till maturity are classified as “HTM”. as on the date of Balance Sheet.net Depreciation is charged for the full year. 5.2 Profit on cancellation of or renewal of currency SWAP agreement.2 In case of restructuring/rescheduling of advances. at prescribed intervals. 7. The liability towards foreign currency borrowings at the prevailing exchange rate on the reporting date is mentioned under the Balance sheet as a contra entry. Loss on sale of investment categorized under “HTM” is recognized in Profit & Loss A/c. Contribution to the Fund is made on actual basis. DownloadPDF. 5.10 Broken period interest on debt investment is treated as a revenue item.2 Securities that are held principally for resale within 90 days from the date of purchase are classified as “HFT”. the resultant gain. 6.3 Advances are stated net of provisions towards Non-performing Advances. 5.reportjunction. 5. 5.8 Unquoted Shares are valued at breakup value. . Retirement Benefits 5. 5. the difference between the present value of future interest as per the original agreement and the present value of future interest as per the revised agreement is provided for. is accounted for on the final settlement of agreement. 5. at the time of restructuring/ rescheduling. are charged to revenue. other than temporary. loss on such transactions is provided at the market rates.1 In accordance with the RBI guidelines. Investments are classified into “Held for Trading” (HFT). if any. in value of investments. is included under Current Liabilities and Provisions. Intangible Assets and Amortisation Intangible assets are recognized/amortised. if any. irrespective of the date of purchase of asset. depreciation / appreciation is recognised in the categor y for investments classified as “HFT”.1 Advances are classified as per RBI guidelines.

4 Segment assets and liabilities include those directly identifiable with the respective segments. 9. such deferred tax assets can be realized. 12 Provisions.1 Segment revenue includes interest and other income directly identifiable with / allocable to the segment. the carrying amount of assets is tested for impairment so as to determine: a) b) the provision for impairment loss. 1961 and based on expected outcome of assessments/appeals. DownloadPDF. being the difference between taxable income and accounting income for the year and quantified using the tax rates and laws that have been enacted or substantively enacted.115. 8.www.com www. Unauthorized Distribution Prohibited.176. ISI Emerging Markets. as on Balance Sheet date. in respect of all employees including employees transferred from RBI. on timing difference. Taxes on Income the segment result. 8. 12. 1956.107 on 2013-09-02 17:18:09 EDT. when it is not probable that an outflow of resources will be required to settle the obligation. Impairment of Assets 9.5 Provision for Encashment of Ordinary Leave is made on the basis of actuarial valuation. or the reversal. required. required for impairment loss recognized in the previous periods. The expenses. such deferred tax assets can be realized. is recognised only when it is virtually certain that the reimbursement will be received. which relate to the Bank as a whole and not allocable to segments. 10.3 a) Contingent liability is disclosed in the case of : a present obligation arising from past events. 10. and the amount of the obligation can be reliably estimated. if any. a probable outflow of resources is expected to settle the obligation.3 Deferred tax assets relating to unabsorbed depreciation/business losses are recognised and carried forward to the extent that there is virtual certainty that sufficient future taxable income will be available against which. 10.4 Employer’s contribution to Provident Fund relating to the pension optees (part of Pension Fund) is maintained with RBI. are included under “Other Unallocable Expenditure”. Segment Reporting 11.3 Income.5 Provision for Wealth Tax is made in accordance with the provisions of Wealth Tax Act.1 Provisions are recognised for liabilities that can be measured only by using substantial degree of estimation if: a) b) c) the Bank has a present obligation as a result of a past event. 9. 11. which require a provision. . The amount of gratuity due from RBI.2 Deferred tax is recognized. 10. is accounted on cash basis. 9.2 Expenses that are directly identifiable with/ allocable to segments are considered for determining 106 ISIEmergingMarketsPDF in-spjainmr from 115. Contingent Liabilities and Contingent Assets 12. which relates to Bank as a whole and not allocable to segments is included under “Other unallocable bank income”.reportjunction.115.2 Reimbursement. if any.2 Provision for gratuity is made based on actuarial valuation. Downloaded by in-spjainmr from 115. Unallocable assets and liabilities include those that relate to the Bank as a whole and not allocable to any segment.2 Impairment loss is recognized when the carrying amount of an asset exceeds recoverable amount. 12.1 Tax on income for the cur rent period is determined on the basis of taxable income and tax credits computed in accordance with the provisions of Income Tax Act. 8.3 Provision for Pension is made based on actuarial valuation. 9.net 8.1 As at each Balance Sheet date. expected in respect of expenditure.4 Other deferred tax assets are recognised and carried forward to the extent that there is a reasonable certainty that sufficient future taxable income will be available against which.sansco. 11. 9. 10.176. in respect of employees transferred from RBI.107 at 2013-09-02 17:18:09 EDT.

Financial Inclusion Fund and Financial Inclusion Technology Fund has been credited to the respective funds. in accordance with AS 22 “Accounting for taxes on Income”.00) Book Value 54.115. Income under the head ‘Income from Investment Operations / Deposits’ includes ‘Discount and Commission’. recognized in the Profit and Loss account the difference of ` 84.176. The Bank has.sansco. 11. as detailed below: 107 ISIEmergingMarketsPDF in-spjainmr from 115.68%) per annum on unutilised balances of Micro Finance Development and Equity Fund. Downloaded by in-spjainmr from 115. contingent liabilities and contingent assets are reviewed at each Balance Sheet date. In terms of the agreement with KfW.4 Contingent assets are neither recognized.5 Provisions.49 crore (` 35. 7. 4. Further. 12. the “Interest Differential Fund” is to be utilized for certain specified purposes. NOTES FORMING ACCOUNTS PART OF THE 1.107 at 2013-09-02 17:18:09 EDT. 2011 and March 31. The said interest is calculated based on the mid-month average outstanding of the respective funds.net b) a present obligation when no reliable estimate is possible. The loans granted out of the fund have been adjusted with direct loans. 6.00) 2257. RPF. 2. being the difference between the cost of borrowing by NABARD and the refinance rate. 3.www.15 crore and ` 317. nor disclosed.00%) per annum on unutilised balances of RIF. Maharashtra and Rajasthan) and KfW NB IX Adivasi Development Programme has been credited to respective fund based on respective agreements. for financing Seasonal Agricultural Operations. 2010 respectively.15 crore) received/receivable from GoI towards administration charges on providing refinance under interest subvention scheme to SCBs and RRBs.com www. DownloadPDF. Pending receipt of confirmation of balance of Provident Fund Account in respect of employer’s contribution as on March 31.176.reportjunction. during the year. which was hitherto shown separately in the Profit and Loss A/c. which was hitherto calculated on the closing balance of the respective funds.00% (6. 2011 maintained with RBI.34 crore (` 794. In ter ms of TAWA Command Area Development Project Agreement. Cattle Development Programme (Uttar Pradesh & Bihar). Other receipts includes ` 54.107 on 2013-09-02 17:18:09 EDT. Gujarat. 9. In accordance with the Memorandum of Understanding entered into with the Swiss Agency for Development Cooperation. interest at the rate of 8. has been reduced from interest and financial charges.115.80 crore as at March 31.50% on Direct Loans to State Governments and at 0. Unauthorized Distribution Prohibited. The continuation of earlier methodology would have been resulted in an additional provision of ` 81. service charges and other receipts made out of Rural Innovation Fund (RIF) are being credited to the Rural Promotion Fund (RPF).65 crore between net deferred tax assets of ` 233. (` in crore) Particulars Pledged for Business Segment (Securities) Pledged for Business Segment (Collateralised Borrowing and Lending Obligation) Face Value 55. ISI Emerging Markets. repayment of loan. Investments in Government securities include the following securities pledged with Clearing Corporation of India Limited as collateral security for Business segments: 8.76) 2208. provision for pension is made after considering the balance of PF maintained with RBI as per the records available with the Bank. .00 (1922. Subvention received/receivable from GOI amounting to ` 989.63 crore for the current year.63 (1933.87) c) 12.75% on Loans Guaranteed by State Government is now being provided as per the IRAC norms of RBI. 5.81 (49. Provision for Standard Assets which was hitherto provided at 0.00 (50. B. KfW NB IGWDP–(Andhra Pradesh. Watershed Development Fund. and a possible obligation arising from past events where the probability of outflow of resources is not remote. Interest at the rate of 6. accretion/ income and certain expenditure under UPNRM have been charged to the fund.67 crore).80% (7. 10. LAB’s Revolving Fund (Sultanpur & Rae Bareli) and MAPA BAIF– (Sultanpur and Rae Bareli).

13.com www.82 crore) paid towards Office Premises and Staff Quarters for which conveyance is yet to be completed.115. Agriculture and Rural Enterprise Incubation Fund .20 233.34 crore pertains to the period November 2007 to March 2010 and an additional amount of ` 216. which was hitherto shown as part of ‘Medium Term and Long Term Project Loans’.107 on 2013-09-02 17:18:09 EDT. Gratuity and Leave Encashment. in Schedule – 12 b. ‘Producers’ Organizations Development Fund’ and ‘Rural Infrastructure Promotion Fund’ with a corpus of ` 50 crore and ` 25 crore respectively during the year. Deemed Advances for the purpose of IRAC norms. as at the year end. Provision for Deferred Tax on account of Special Reserve created u/s 36(1)(viii) of the Income Tax Act. Interest earned on the same is shown as a part of ‘Interest received on Loans and Advances’ in the Profit and Loss Account.09 crore has been reckoned towards superannuation benefits of the employees. Pursuant to the salary revision.` 10 crore .88 crore (` 33. classified as Investments and shown in Schedule – 11 under the head ‘Debenture and Bonds’. Disclosure required under AS 15 (Revised) on “Employee Benefits” is as under: 19. The salary and allowances of the employees of the Bank has been revised with effect from 01 November 2007.115. the bank has filed appeal against the taxability of NABARD for the AY 2002-03 with Income Tax Appellate Tribunal. 108 ISIEmergingMarketsPDF in-spjainmr from 115. treating them as ‘deemed advances’. as the Bank has decided not to withdraw the said reserve. Deferred No. The Bank has transferred the outstanding balances of the following funds to Reserve Fund: a.sansco. d.09 crore is reckoned towards arrears of salary of which ` 177.` 147. Soft Loan Assistance Fund for Margin Money c. Unauthorized Distribution Prohibited. The present value of obligation is determined based on actuarial valuation using the Projected Unit Cost Method.net (` in crore) Sr. Foreign Currency Risk Fund b.107 at 2013-09-02 17:18:09 EDT.1 Defined Benefit Plans Employees Retirement Benefit plans of the bank include Pension.35 20. Pursuant to the directives of RBI. . which recognizes each period of services as giving rise to additional unit of employee benefit entitlement and measures each unit separately to build up the final obligation. ISI Emerging Markets. c.15 crore (` 30.77 30. 14. 1961.176. the project loans provided to SCARDBs by way of subscription to the Special Development Debentures (SDDs) floated by these agencies.15 22. 16.80 15. which are defined benefit plans. 12.85 2 3 21. However. Tax Assets 1 Provision for Retirement Benefits made in the books but allowable for tax purposes on payment basis Depreciation on Fixed Assets Amortisation of G Sec Total 31 March 2011 181. ‘Land’ and ‘Premises’ include ` 29. The bank has created two new funds out of its post tax profit viz. Downloaded by in-spjainmr from 115.18 31 March 2010 274. are treated as under: a. The value of Allotment Letters / Debenture Scrips. The tax liability of the bank for the AY 2002-03 amounting to ` 373.reportjunction.12 crore) 17. yet to be received.176. is not considered necessary. 18. Income recognition. aggregates to ` 238.06 crore .60 317.15 crore was assessed by the Income Tax department and fully paid by the bank. capital adequacy and computation of ratios etc. on estimated basis. DownloadPDF.www. an amount of ` 277.` 5 crore 19.

www.19) -6.25% 7% 1% Leave Encashment 1994-96 (Ultimate) 8.67(2.92(0.38) Particulars Mortality Table (LIC) Discount rate (per annum) Salary growth (per annum) Withdrawal rate Pension 1994-96 (Ultimate) 8.reportjunction.76(20.16(-25.com www.63) b.79) 242.79) 1223. Downloaded by in-spjainmr from 115.90) 172.00) 26.176. Represents the Bank’s contribution towards PF for pension optees available with RBI.107 at 2013-09-02 17:18:09 EDT.20) @ $ c.115.20) Leave Encashment (Funded) 144.69(77.99) 14.57(221.77) @ 227.20) 21.54) Gratuity 16.90 (15.79) 8. DownloadPDF.16(-25.76) Gratuity 221. Represents the amount invested with Insurance companies towards the Liability for Leave Encashment.88(117.66) 17.42 (-10.66) 17.79) 8.76(892.94(-37.27) 18.19) -12.03(958.01(-10.73) 9.47) 144. Expenses recognized in the Profit and Loss Account during the year: (` in crore) Particulars Current Service Cost Interest Cost Actuarial (gain)/ loss Expected return on Plan Assets Expense recognized in the statement of Profit & Loss d.20) Leave Encashment 117.66(127. Actuarial assumptions: Pension 22.90) 207.26(-14.107 on 2013-09-02 17:18:09 EDT.20(250.00) 934.90(15.39(8.01) 22.46) Leave Encashment 6.10(66.76(20.176.115.53) 16.10(66.25(18.01) 274.66(-12.54(3.22(-9.65) 79. . Amount recognized in the balance sheet as on 31 March 2011: (` in crore) Particulars Present value of defined benefits obligations as at the year end Fair value of plan assets as at the year end Liability recognized in the Balance Sheet as at the year end Pension (Partly Funded) 1223.net a.88(117.72(1.92(689.91) 288.03(958.63(115.25 (18.63) 143.73) 9. Reconciliation of opening and closing balances of defined benefit obligations: (` in crore) Particulars Present value of defined benefit obligation at the beginning of year Current Service Cost Interest Cost Actuarial (gain)/ loss Benefits paid Present value of defined benefits obligations at the year end Pension 958.76) Gratuity (funded) 242.60) -16.70(8.70(8. ISI Emerging Markets.11(268.65) 79.60) -21.85(220.65(-0.83(-10.51) 6.25% 7% 1% 109 ISIEmergingMarketsPDF in-spjainmr from 115.sansco.27) 18.57(221.67(2.01) -45.25% 4% 1% Gratuity 1994-96 (Ultimate) 8.55) $ 1.54(3. Unauthorized Distribution Prohibited.

00 0.0000 0. Particulars No.2930 276239.01 30.01 50.04 2009-10 0.00 0.00 50. 19.176. NPA on staff loans: (` in crore) 2010-11 0.01 100.01 50.8210 2919994.01 30.0000 0.895 2009–10 4.00 0.01 30.01 30.01 30.37 0.8670 28065186.9960 34310340. Downloaded by in-spjainmr from 115.08 Particulars Opening Balance Addition during the year Written Back during the year Closing Balance is no impair ment to assets to which AS 28 – “Impairment of Assets” applies requiring any provision.00 0. 1 Depreciation Total 2010-11 2. The contribution made for the pension optees forms part of the plan assets of pension scheme.009 0.76% (24.Treasury advantage Birla Sun life Life Insurance Corporation Baroda Pioneer PRINCIPAL Deutsche L&T Total As at March 31.00 100.0000 0.07 0.00 0.01 30. 22. Prior period items included in the Profit and Loss account are as follows: (` in crore) Sr.01 50.00 900.4 The above information is certified by the actuary and the provision for pension is recognized in the profit and loss account after considering the outstanding balance of the Bank’s contribution to the Provident Fund of pension optees.0000 0.1970 46191646.00 0. Investments in Mutual Funds are as under: (` in crore) Sr.7780 0.00 0.107 on 2013-09-02 17:18:09 EDT.5170 2069242. 2010 No. of units Book Market Value Value 31178095. The movement in Contingent Liability as required in AS 29 “Provisions. Name of the No.0000 0.09 50.00 50.01 100.01 100.00 0.00 3.01 50.0000 809238.00 390.01 30.02 50.895 2. Unauthorized Distribution Prohibited.00 50. Mutual Fund 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 Kotak Mahindra ICICI Prudential Canara Robeco IDFC UTI –Money Market Tata DWS SBI IDBI Peerless Taurus UTI.01 0.reportjunction.0000 0.95%) as against a minimum of 9% as stipulated by RBI.01 0.2 The estimates of rate of escalation in salary considered in actuarial valuation.69 crore) 20.3 The aforesaid liabilities include liabilities of 21. Capital adequacy ratio of the Bank as on 31 March 2011 is 21.7770 6420619.00 0.00 0.115.27 110 ISIEmergingMarketsPDF in-spjainmr from 115.08 0.net 19.176.0000 0.01 30.00 0.01 30.37 0.00 0.03 50.00 0.7790 50.00 50. Contingent Liabilities and Contingent Assets” is as under: (` in crore) Particulars Opening Balance Addition during the year Deletion during the year Closing Balance 2010-11 3.11 As at March 31.00 0.01 30.00 100. of units Book Market Value Value 44148228.00 50.37 0.00 50.01 100.05 50.01 30.04 0. In the opinion of the Bank’s management.00 100.00 0.0000 50.00 0.00 100. there 23.00 3.00 50.03 0.01 30.02 0.107 at 2013-09-02 17:18:09 EDT.5 Defined Contribution Plan: The bank contributes a defined sum of 10% on the basic salary for both pension optees and non pension optees every month towards Provident Fund. take into account inflation.00 0.2350 33727478.0720 284381.www.0000 0.37 employees deputed to subsidiaries.7263 25159975.115.11 50.01 50.5330 969829.00 2009–10 3.00 50.com www.0000 0.sansco.87 crore (` 11.6900 19254837.6304 45799983.01 30. 19. ISI Emerging Markets.3200 80888127.00 0.6460 0.00 0.038 19.01 30.00 390.01 50.00 100.0000 0.4780 294404.01 30. 24.3680 25172008.9850 71988360.00 0.7780 285224. 2011 No.00 0. seniority.01 900. promotion and other relevant factors including supply and demand in the employment market.00 0.00 0. 25.01 50.00 100.4970 28607635. The total contribution charged to Profit and Loss account during the year is ` 11.038 4.01 30.8430 2356602. DownloadPDF. .5110 310661.

www. The following additional information is disclosed in terms of RBI circulars No.No 11/16/2005-BOA dt 16. ISI Emerging Markets.80 8.02 139528.107 on 2013-09-02 17:18:09 EDT.01559 Particulars Percentage of Net NPAs to Net Loans & Advances 29. the excess amount of ` 25. Unauthorized Distribution Prohibited.66 5.60 (-)0.000 2009-10 Amount 120487.02136 31 March 2010 0.000 (b) Subordinated Debt (` in crore) 31 March 2011 Nil 31 March 2010 Nil (c) Provisions made during the year (` in crore) Particulars Amount of subordinated debt raised and outstanding as Tier II Capital Provisions against Standard Assets Non Performing Assets Investments (Net) 2010-11 0.00% 31 March 2010 1.115.00 (%) 99. Ministry of Finance. In terms of RBI circular No.00/2010–11) dated 01 July 2010.115. DownloadPDF.04.76 20.50% 27.18 Income Tax Total Particulars On – Balance Sheet Items Off – Balance Sheet Items (d) Movement in Net NPAs (` in crore) 2010-11 32.93 460.1 Capital (a) Capital to Risk–weighted Assets Ratio (CRAR) (Per cent) Particulars CRAR Core CRAR Supplementary CRAR 31 March 2011 21.FID.001 100. 111 ISIEmergingMarketsPDF in-spjainmr from 115.F. .87/ 21.049 0.95 23.176.107 at 2013-09-02 17:18:09 EDT.958 0.950 0.40 0. 27.50 17. issued by the Department of Financial Services. 71.83 2009-10 101.net 26.12 22.50% of Share Capital of NABARD held by RBI has been transferred to Government of India.13 100.35 38.31 (d) Pattern of Capital contribution as on the date of the balance sheet (` in crore) 31 March 2011 20 1.71 44.980 2000 1.32 29.00% 99.42 (c) Risk weighted assets (` in crore) 31 March 2011 63515.50% Particulars (A) Net NPAs as at beginning of the year (B) Add: Additions during the year (C) Sub-total (A+B) (D) Less: Reductions during the year (E) Net NPAs as at the end of the year (C-D) Contributor Reserve Bank of India Government of India Total 19.09.33 31 March 2010 24. (b) Asset classification (` in crore) 29. Government of India.036 0.43 1.FIC.2010. Downloaded by in-spjainmr from 115.00 32.006 0.56 120537.51 crore of provision held for achieving Provision Coverage Ratio as on 30 September 2010 has been transferred to “Countercyclical Provisioning buffer”.reportjunction.72 2009-10 30.72 Note : Pursuant to notification No.000 0.68 647. 29. Small and Medium Enterprises Development Act 2006.2 Asset Quality and Credit Concentration [Excluding Staff Advances] (a) Net NPA position 31 March 2011 0.93 32.RBI/2009–2010/49 (DBOD.00 765.02.sansco.048/2010-11 dated 21 April 2011.47 1.48 Classification 2010-11 Amount (%) 99.000 Standard Sub-standard Doubtful Loss Total 139459. there are no dues payable under Micro.00 494.com www.32 25.90 1.10 6.02 0.2/01. Figures in brackets pertain to previous year.40 52.176. As per the information available with the Bank. DBOD.BC.BP .00 68. 28.30 31 March 2010 49921.450 550 2000 72.55 20.13 1.No.

115.03) 33943.80) More than 7 years 4410.22) 238. Item No.59 (28992.08 Not Applicable 378.14) 0.14) 39438.15) 36754.80 1.www.07) 18589.34 39.89) 39. Unauthorized Distribution Prohibited.96 (35053.00 (0.59 Not Applicable 2009-10 Credit Exposure as % to Capital Funds Total Assets 145.08) 0.82 (135696.96 112 ISIEmergingMarketsPDF in-spjainmr from 115.12) 157746.net (e) Credit exposure as percentage to Capital Funds and as percentage to Total Assets Category 2010-11 Credit Exposure as % to Capital Funds Total Assets 128.19 0.06) 29204.47 (36004.61) 18524.73) 64.00 (0.72 (35939.70 (18416.00) 4410.107 at 2013-09-02 17:18:09 EDT.28) More than 3 years upto 5 years 31910.42 (201. .96 23.58) 502.74 (109.88 0.57) 79.176.67 11.03) 0.27 (33482.92 (10.00) 40360. DownloadPDF.35 2009-10 14.10 1.55) 34181.45 crore (` 596.17 (15363.25 0.4 Operating results Particulars (a) (b) (c) (d) (e) Interest income as a percentage to average working funds Non interest income as a percentage to average working funds Operating profit as a percentage to average working funds Return on average Assets (%) Net Profit per Employee (Rs.41 13.69 (33683.00 (0.54) 158248.17) 79.00) 158248.23 (24864.00) 68088. 1 2 Rupee Assets Foreign currency assets Total Assets 3 4 Rupee Liabilities Foreign currency liabilities Total Liabilities Less than or equal to 1 year 68088.49 (24755.52 (18525.73 16.82 (135696.57 Not Applicable 379.82 (109.12) # Net of provision made as per RBI directives on Standard Assets as well as for diminution in value of Investments aggregating to ` 623.01 crore) 29.33 29.17 (15363.3 Liquidity (a) (b) Maturity pattern of Rupee Assets and Liabilities Maturity pattern of Foreign Currency Assets and Liabilities (` in crore) Sr. in crore) 2010-11 6.64 1.27 35.64 32.com www. Downloaded by in-spjainmr from 115.26) 0.26) 29124.59 (28992.08 31.23 0.5 Movement in the provisions (a) Provision for Non Performing Assets (Loan Assets) (` in crore) Particulars Opening balance as at the beginning of financial year Add: Provision made during the year (Incl.reportjunction.65 (494.12) 0.00) 31910.107 on 2013-09-02 17:18:09 EDT.00 (0.96 (35053.75 (64.00 (0.176.22 0.82 (135696.27 2009-10 6. provision for PCR) Less: Write off.92 (22618.115.65 (51280. write back of excess provision Closing balance at the close of financial year 2010-11 31.61) 0.44 (5007.sansco.00 (0.00 (22607.04) More than 1 year upto 3 years 40360.23) More than 5 years upto 7 years 13478.77) Total # 158248.08) 36715.71) 39518.40 Not Applicable I II III IV Largest Single Borrower Largest Borrower Group Ten Largest Single Borrowers for the year Ten Largest Borrower Groups (f) Credit exposure to the five largest industrial sectors as percentage to total loan assets: Not Applicable 29.00) 13478.17 (135201.40 18. ISI Emerging Markets.10 1.65 (51280.44 (5007.

00) 0. Downloaded by in-spjainmr from 115.08 (0. NA NA NA NA NA 29.64 crore. Accordingly. Particulars No. The Bank does not have any open exposure in foreign currency. All the said five loans are classified as Standard Asset. The interest sacrifice on loans restructured during FY 2005-06 amounted to ` 31. to Investment Fluctuation Reserve Account Sub Total [D] There are no loan accounts subjected to Corporate Debt Restructuring during the current year. Write Backs of excess provision (ii) Transfer.63 million Euro and interest thereon for the entire loan period.08 crore.115. DownloadPDF. Interest sacrifice is reviewed at each balance sheet date and necessary provision is made or reversed.25 592.12) 0. ISI Emerging Markets.www. from Investment Fluctuation Reserve Account during the year C Sub Total [A+B(i)+B (ii)] D Less (i) Write off.10 (563.00) 121. ` 502.8 29. Consequent upon hedging of foreign currency borrowings the same is shown at contracted value as per the Swap agreement.12) 0.115.10 crore have been rescheduled.37 (1. There is no Interest sacrifice on these reschedulements.44 (2.11 Corporate Debt Restructuring (CDR) 113 @ If MIBOR rate decrease by 100 bps across tenure MTM gain would be reduced by ` 14 crore ISIEmergingMarketsPDF in-spjainmr from 115.com www. if any.107 at 2013-09-02 17:18:09 EDT.7 29.00 (0.e.reportjunction.00 (0.45 (69. it has hedged its liability towards borrowings from KfW Germany to the extent of 93.44) Sr.12 Disclosure on risk exposure in Derivatives The Bank does not trade in derivatives.68) 3.9 Assets sold to securitisation company/ reconstruction company : NIL (NIL) Forward Rate Agreements and Interest Rate Swaps : NIL (NIL) Interest Rate Derivatives : NIL NIL) NA NA NA NA NA 29.12) 2. 29.00) Particulars A Opening balance as at the beginning of the financial year B Add (i) Provisions made during the year (ii) Appropriation.10 crore and the value of outstanding principal liability in the books of account stood at contracted value i. The quantitative disclosure in this regard is as under: 3.66) NA (` in crore) Currency Interest Rate Derivatives Derivatives E Closing balance as at the close of financial year (C-D) 29.176. if any.sansco.15 (0.52 (2.46 crore) was written back during the current financial year.00@ NA NA NA NA 89. .15 (0.10 Investments in Non Government Debt Securities : NIL (NIL) 29.00) 0. ` 0.176. Unauthorized Distribution Prohibited.68) 0. The value of outstanding principal amount of hedge contract at the year-end exchange rate stood at ` 592.08 crore ( ` 4.107 on 2013-09-02 17:18:09 EDT.net (b) Provision for depreciation in investments (` in crore) 2010-11 1.6 Restructured accounts During the current financial year five loan accounts outstanding to the extent of ` 22. However.00 (0. 1 Derivatives (Notional Principal amount) A) For Hedging B) For Trading 2 Marked to Market Positions [1] a) Asset (+) b) Liability (-) 3 Credit Exposure [2] 4 Likely impact of one percentage change in interest rate (100*PV01) a) on hedging derivatives b) on trading derivatives 5 Maximum and Minimum of 100*PV01 observed during the year a) on hedging b) on trading 14.

reportjunction.34 (60.35 (21.28 (41.Managing Director (` in crore) Name of the Party Nature of Relationship Key Management Personnel-Ex-Chairman Key Management Personnel-Managing Director Nature of Transaction Remuneration including perquisites Remuneration including perquisites Amount of transaction during the year 0. ISI Emerging Markets.00) 114 ISIEmergingMarketsPDF in-spjainmr from 115.net 29.24 (1794.44) 2636.44) 2410.sansco.24 (0.com www. 2.28 (149.00) 23.00) 123. Unauthorized Distribution Prohibited.60) 2262.80 (20. DownloadPDF.15 Issuer categories in respect of investments made (` in crore) Sr.03 (1794. the details of the transactions with other state controlled enterprises are not given. or provided for during the year.35 (21.00 (48. K G Karmakar – – No amounts.00 (48.60) 10.18 (0.30) Outstanding Shri U C Sarangi Dr.83) 'Below investment grade' Securities held (5) – 'Unrated' Securities held 'Unlisted' Securities (1) 1 (2) PSUs (3) 80.80 (20.80 (20. K G Karmakar .13 (16. .96) 3.23) – 386.00) (6) 19.37 (1.00) – – 2 FIs – 3 4 Banks Private Corporate – – – – 5 Subsidiaries/Joint ventures – 23. in respect of the related parties have been written off/back.23) – (7) 79.00 (0.www.83) 23.107 at 2013-09-02 17:18:09 EDT.00) 23.26) 0.00) – 150.96) 3.80 (20.00 (0.47 (1663.13 (60.60) 10.60) 2262.115. 29.00 (48. Related party relationships have been identified by the management and relied upon by the auditors.107 on 2013-09-02 17:18:09 EDT.00) – 150.14 Related Party Transactions As the Bank is state controlled enterprise within the meaning of AS-18 "Related Party Transactions".00) 123.176.00) 48.115.176.13 (60. Shri Umesh Chandra Sarangi .23) – 53.47 (1663.00) 6 Others (Net of Provision) including Mutual Funds Provision held towards depreciation Total – 7 – 0.13 Exposures where the FI had exceeded prudential exposure limits during the year : NIL (NIL) 29.37 (1.Ex-Chairman Dr.00 (0. No. List of Related Parties: Key Management Personnel: 1. Issuer Amount Investment made through private placement (4) 79. Downloaded by in-spjainmr from 115.

00(0.25(57661.61) (ii) Recoveries (excluding recoveries made from upgraded accounts) (iii) Write-offs Sub-total (B) Gross NPAs as on 31st March of following year (closing balance) (A-B) 50.18 Concentration of Deposits. ISI Emerging Markets.02) 29.00(0.17 Disclosure on Repo transactions (` in crore) Particulars Minimum outstanding during the year 0.46(43.115.61) 53.85) 69.87) 76.75(67384.19 Sector-wise NPAs Sr.net 29.54) 29.30) Outstanding as on 31 March 2011 0. Unauthorized Distribution Prohibited.00 (476.20 Movement of Gross NPAs Particulars Gross NPAs as on 1st April of particular year (Opening Balance) Additions (Fresh NPAs) during the year Sub-total (A) Less:(i) Upgradations Amount in ` crore 50.00 (0.32%(51.15(50.www.com www.00 (0.88) 0.107 at 2013-09-02 17:18:09 EDT.00) 54.58) 5. .00(0.00) 0.02) Maximum outstanding during the year 0.176.00 (476.22 Off-balance sheet SPVs sponsored (which are required to be consolidated as per accounting norms) : NIL (NIL) 115 ISIEmergingMarketsPDF in-spjainmr from 115.00) 0.73) Total Advances to twenty largest borrowers Percentage of Advances to twenty largest borrowers to Total Advances of the Bank 75077.94%) (d) Concentration of NPAs (` in crore) 29.39(53.00 (1.75(67384.82%) (c) Concentration of Exposure (` in crore) Total Exposure to twenty largest borrowers/ customers Percentage of Exposure to twenty largest borrowers/customers to Total Exposure of the bank on borrowers/customers 75077.71) 25.84(2.02) Daily average outstanding during the year 0.107 on 2013-09-02 17:18:09 EDT. Downloaded by in-spjainmr from 115.71(32.sansco.00 (0.00) 1.00) Securities sold under repo Securities purchased under reverse repo 29.00) 0.00) 89. Exposure and NPAs (a) Concentration of Deposits (` in crore) Total Deposits of twenty largest depositors Percentage of Deposits of twenty largest depositors to Total Deposits of the Bank 73671. DownloadPDF. Advances.176.66(8.115.00(0.00) 0.73(44. Medium and Large) Services Personal Loans Percentage of NPAs to Total Advances in that sector 0.00) 7.40(0.00 (0.21 Overseas Assets.reportjunction.16 Non performing investments: NIL (NIL) 29. Revenue: NIL (NIL) NPAs and Total Exposure to Top four NPA accounts 50.24(2.00%(82.00) 0.00 (0.38%) 3 4 (b) Concentration of Advances (` in crore) 29.81%(55.85) 0. Sector No 1 2 Agriculture and allied activities Industry (Micro & Small.

00) 0.23) 74. 2011 Rakesh Singh Chairman K.24 (1.71 (12.21 (1.61 (3.376.80) 1.255.49 (3.42) 68.33) Treasury 943. Parikh & Associates Chartered Accountants FRN.48) 266. Padmanabhan Chief General Manager Accounts Department Mumbai : May 30.227. government securities.47 (239. No.54 (20.115.com www.198. 2011 Dr. Commercial Banks. Unauthorized Distribution Prohibited.00) (-)0.128. iv) Unallocated: Includes income from staff loans and other miscellaneous receipts and expenditure incurred for the developmental role of the bank and common administrative expenses.59) -924. S.115.90 (17.00 (0.00) 2.10) 15.82) Unallocated 86.00) 0.23 Information on Business Segment (a) Brief Background The Bank has recognized Primary segments as under: i) Direct Finance: Includes Loans given to state governments for rural infrastructure development. 107564W Ashok Rajagiri Partner : M.222.00 (18.58.98 (186.reportjunction.81) 69.96 (1.21 (73.00 (0.519.292.45) 1.05 (-0. K C Chakrabarty Director Alok Nigam Director K Jayakumar Director 116 ISIEmergingMarketsPDF in-spjainmr from 115.12) Segment Results Total carrying amount of Segment Assets Total carrying amount of Segment Liabilities Other Items : Cost to acquire Segment Assets during the year Amor tization & Depreciation 0.00 (0.59 (1. etc.net 29.642.316. ISI Emerging Markets. DownloadPDF.58 (41.643. State Coop. Downloaded by in-spjainmr from 115.18) (-)0.567. short-term deposits.34) 18.13) Segment Revenue 4.69) 912.00) 0. Land (b) Information on Primary Business Segment (` in crore) Direct Finance Refinance 4.22 (11.86) Total 9.12) 66.www.872.823.176.272.964. 30. Previous year's figures have been regrouped / rearranged wherever necessary.00 (0.42) 20.21) 22.085.94) 268.393. Regional Rural Banks etc.22 (11.502.320.564. as refinance against the loans disbursed by them to the ultimate borrowers. ii) Refinance: Includes Loans and Advances given to State Governments.39 (55.63 (-525.87 (60.26 (1.86 (2.409.32 (60.00 (0.37) 0.58) 1.26 (1. Banks.27 (61. Mumbai Date : May 30.176.985.01 (7.69 (372.36.29) 100.58.sansco.36.107 at 2013-09-02 17:18:09 EDT.295.00) 32.99) Non Cash Expenses (c) Since the operations of the Bank are confined to India only there is no reportable secondary segment. iii) Treasury: Includes investment of funds in treasury bills.21) 22. 046070.281.107 on 2013-09-02 17:18:09 EDT.872. co-finance loans and loans given to voluntary agencies/non-gover nmental organisations for developmental activities.96) 0. Development Banks. .292.13) 1.48) 132.68 (19.202.58 (23.086.68) 18.08 (96. As per our attached report of even date P .908.

93.86.19 3925.51 25993.89.00 4.95.50 6.95 (-)21785.16. Cash and cash equivalent at the end of the year includes : Cash in hand Balance with Reserve Bank of India Balances with other Banks in India Remittances in Transit Inter fund transfer Collateralised Borrowing and Lending Obligations Total 1823.40 0 0 6.28.80.39.66 2010-2011 7 38.53 1786889.176.74.62.85 (-)17.33.11.115.93 (-)10. Parikh & Associates Chartered Accountants FRN. . 046070.45. wherever necessary.16.83 (-)4430.70 4037.23.46.37 2503.23.28.50.85 (-)5492.36 17.01.75 2009-2010 12 25.44.24.41 12780.93 (-)12801.62.65.54.30 (-)29399.28.45 1134.60.reportjunction.44 (-)28605.63 0 (-)938.00 0 (-)8.33. K C Chakrabarty Director Alok Nigam Director K Jayakumar Director 117 ISIEmergingMarketsPDF in-spjainmr from 115.94.31. Unauthorized Distribution Prohibited.00 (-)4.79 (-)3699. DownloadPDF.52.96 (-)19035.97.40 6.91 91.36.85.75 Previous year's figures have been regrouped/ rearranged to conform to the current year's presentation.63.98 2.53 (-)11537.46 (-)23697.68.63 (-)1161.26 (-)793.81 68.16 6783.15 (-)808.39.79. Downloaded by in-spjainmr from 115.68 28682.14.45.46.56 17.66 2272.34 32.64 118.83 17.38.107 on 2013-09-02 17:18:09 EDT.18.27 23.00 (-)20. 2011 Rakesh Singh Chairman K. S.93 679.01.80.29 908.65.32. 2011 Dr.176.78.24 1. Mumbai Date : May 30. ISI Emerging Markets.85.90.59. Padmanabhan Chief General Manager Accounts Department Mumbai : May 30.20 12928.37 0 2.77.02 22.28 (-)23158.94.49.55.net National Bank for Agriculture and Rural Development Cash Flow for the year ended 31 March 2011 Particulars 2010-11 (` in '000) 2009-10 (a) Cash flow from Operating activities Net Profit as per Profit and Loss a/c before tax Adjustment for: Depreciation Provisions and Amortisations Provision for Non performing Assets Provision for Standard Assets Provision for sacrifice in interest element of Restructured Loan Profit / Loss on sale of Fixed Assets Interest credited to various Funds (including addition/ adjustment made to Interest Differential Fund) Other Expenses Income from Investment (including Discount Income) Expenditure from various Funds Operating profit before changes in operating assets Adjustment for net change in: Current Assets Current Liabilities Increase in Loans and Advances (Including Housing Loan & Other Advances to Staff Cash generated from operating activities Payment of Income Tax Net cash flow from operating activities (A) (b) Cash flow from Investing activities Income from Investment (including Discount Income) Increase / Decrease in Fixed Asset Increase / Decrease in Investment Net cash used / generated from investing activities (B) (c) Cash flow from financing activities Grants / contributions received Proceeds of Bonds Increase / Decrease in Borrowings Increase / Decrease in Deposits Net cash raised from financing activities (C) Net increase in cash and cash equivalent (A)+(B)+(C ) Cash and Cash equivalent at the beginning of the year Cash and cash equivalent at the end of the year 1. No.115.21.91 628.56 1255.94 1584.29.26 8.75 17.06 (-)279.35 943. 107564W Ashok Rajagiri Partner : M.97 0 (-)1255.23.77.57. As per our attached report of even date P .41 (-)2087.107 at 2013-09-02 17:18:09 EDT.www.63.65.com www.11.33.05 6.83.42 5.55.24.07 (-)373.33.29.89 (-)539.81.58 436.68.sansco.46.

com www.115. Downloaded by in-spjainmr from 115.www. DownloadPDF.sansco.107 at 2013-09-02 17:18:09 EDT.reportjunction. .net Consolidated Balance Sheet Profit and Loss Account & Cash Flow of NABARD & its Subsidiaries (NABCONS. ABFL.176. ISI Emerging Markets.176. NABFINS) 2010-2011 118 ISIEmergingMarketsPDF in-spjainmr from 115.115.107 on 2013-09-02 17:18:09 EDT. Unauthorized Distribution Prohibited. ADFT.

Mumbai . 2011 For and on behalf of P .107 at 2013-09-02 17:18:09 EDT. We have conducted our audit in accordance with auditing standards generally accepted in India. The financial statements in respect of three subsidiaries viz. ii.. i. of the consolidated cash flows of the Bank for the year ended on that date. Fax : 23415455. Our responsibility is to express an opinion on these financial statements based on our audit. 5.www. The total Assets and total Revenues in respect of these subsidiaries are ` 192. We believe that our audit provides a reasonable basis of our opinion.net P . we are of the opinion that the said consolidated financial statements give a true and fair view in conformity with the accounting principles generally accepted in India. 2. 3.107 on 2013-09-02 17:18:09 EDT. in the case of the Consolidated Profit and Loss Account of the consolidated results of operations of the Bank for the year ended on that date.pparikh. Unauthorized Distribution Prohibited. In our opinion. Parikh & Associates Chartered Accountants Firm Registration No. . any adjustments to their balances could have consequential effects on the attached Consolidated Financial Statements. We have examined the attached Consolidated Balance Sheet of NATIONAL BANK FOR AGRICULTURE AND RURAL DEVELOPMENT (the ‘Bank’) and its Subsidiaries as at March 31. We did not carry out the audit of financial statements of subsidiaries of the Bank. in the case of the Consolidated Balance Sheet. the impact of which is not ascertained. Downloaded by in-spjainmr from 115. Membership No. off Narsi Natha Street. Sujata. in all material respects. in so far as it relates to the amounts included in respect of the Subsidiaries in Consolidated Financial Statements is based solely on such management certified financial statements.com www.115. 4. in accordance with an identified financial reporting framework and are free of material misstatement.115.. DownloadPDF. Place: Mumbai Date: May 30. NABARD Consultancy Services Limited and Agri-Business Finance (AP) Ltd.176. of the state of affairs of the Bank as at March 31. in the case of the Consolidated Cash Flow Statement. 107564W Ashok Rajagiri Partner. 2011. Tel : 23443549. These financial statements are the responsibility of the Bank’s management.sansco.400 009.com 119 ISIEmergingMarketsPDF in-spjainmr from 115. We report that the Consolidated Financial Statements have been prepared by the Bank in accordance with the requirements of Accounting Standard (AS) 21 “ Consolidated Financial Statements” issued by the Institute of Chartered Accountants of India and on the basis of the separate audited/ certified financial statements of the Bank and its Subsidiaries included in the consolidated financial statements.23 crore and ` 23. the Consolidated Profit & Loss Account and the Consolidated Cash Flow Statement for the year ended on that date annexed thereto. An audit also includes assessing the accounting principles used and significant estimates made by the management as well as evaluating overall financial statements. and iii. 23437853. We report that on the basis of the information and explanations given and on the consideration given of separate audited/certified financial statements of the Bank and its Subsidiaries and subject to our comment in Para 3 above. Agri Development Finance (Tamil Nadu) Ltd. These financial statements have been certified by the managements of the respective subsidiary companies and have been furnished to us.51 crore respectively.: 046070 HO : 501.reportjunction. ISI Emerging Markets. Those standards require that we plan and perform the audit to obtain reasonable assurance about whether the financial statements are prepared. being unaudited. Website : www. Parikh & Associates Chartered Accountants Auditors' Report on Consolidated Financial Statements To the Board of Directors NATIONAL BANK FOR AGRICULTURE AND RURAL DEVELOPMENT 1. 2011.176.

85 120 ISIEmergingMarketsPDF in-spjainmr from 115.40 21.29.00 1.00. ISI Emerging Markets.67 13.2011 As on 31.47.00. Grants.69 13.85 20. DownloadPDF.81.93.67.50.04.12.23 6.09 56.87.31.sansco.00.12.08. 107564W Ashok Rajagiri Partner : M.115.00.87.03.35. 046070 Mumbai Date : May 30.49.67.66 2.77 34.89.11.83 25.38.115.75 15.89.30.90 21.63.50.reportjunction.27.56 26.94.38.55.53 20.76.64 12.96.com www.www.53 2.176. 2011 1.81.176.80.03.50.89.05.00.107 on 2013-09-02 17:18:09 EDT.00 1.63.53 96.00.89.00 1.05.69.34.98.98 13. K C Chakrabarty Director Alok Nigam Director K Jayakumar Director K.88.33 37.42.94. .01.29. S.26.03 48.02.84 76.05.99.86.31 2.2010 FUNDS AND LIABILITIES Capital Reserve Fund and Other Reserves National Rural Credit Funds Funds Out of Grants received from International Agencies Gifts.78.64.31.18.52.99.85 15.64 1.06.08.64 47.91.29.00 149.99. No.85 8. Parikh & Associates Chartered Accountants FRN.03 2. Donations and Benefactions Other Funds Minority Interest Deposits Bonds and Debentures Borrowings Current Liabilities and Provisions TOTAL FUNDS AND LIABILITIES PROPERTY AND ASSETS Cash and Bank Balances Investments Advances Fixed Assets Other Assets TOTAL PROPERTY AND ASSETS As per our attached report of even date P . Unauthorized Distribution Prohibited.87.12.42. Padmanabhan Chief General Manager Accounts Department Mumbai : May 30.107 at 2013-09-02 17:18:09 EDT.37 1.92 12.50.45.83. 2011 Rakesh Singh Chairman Dr.24.08.54 27.96.76.78.71.59 15983.60. Downloaded by in-spjainmr from 115.00.12 51.95.60.net National Bank for Agriculture and Rural Development Consolidated Balance Sheet as on 31 March 2011 (` in '000) Particulars As on 31.

.65 50.83.58 70.92 7388.66 2010-11 2009-10 121 ISIEmergingMarketsPDF in-spjainmr from 115.376 2281.00.88 67. ISI Emerging Markets.99 1563.26.17 6194.38.68 71.59 1488.54 0 808.62 107.38.49 116.99 49.67.net National Bank for Agriculture and Rural Development Consolidated Profit and Loss Account for the year ended 31 March 2011 (` in '000) Particulars Income: Interest Received on Loans and Advances Income from Investment operations Other Receipts TOTAL INCOME Expenditure: Interest and Financial Charges Establishment and other expenses Depreciation Provisions TOTAL EXPENDITURE Profit before Income Tax Provision for Income Tax Deferred Tax Asset Adjustment Short / (Excess) provision for Income Tax in earlier years Profit after Tax Share of Profit / Loss in Subsidiaries attributable to Minority Interest Profit available for Appropriation Appropriations: Profit as above Add: Withdrawals from various funds against expenditure debited to P/L A/c / transfer of funds which have been closed Total Profit Available for Appropriation Transferred to: Special Reserve u/s 36(I)(viii) of the Income Tax Act.17.67.24.www.58.42.26.115.72.88 66.93 1286.00. Unauthorized Distribution Prohibited.00.176.34.17 8170.63 202.32.00 3.75 5.sansco.03 9.41 96.55.67.62 1286.00.00.58 350.54.24.94.00 6.00 0 0 0 64. Downloaded by in-spjainmr from 115.99 30.06 1135.80.00 10.50 1.20 33.26 1634.93.46.38 1488.96 66.34 0 1564.115.79.67.00.84.107 at 2013-09-02 17:18:09 EDT.68 1835.69.18 946.54 22.00.19.03.10.67.08 92.08.01.98 84.24 1259. DownloadPDF.71.07.77.46.94.34.30 0 1287.34.107 on 2013-09-02 17:18:09 EDT.54.00 2.01.45 1634.00.92.50 5.88.46 79.176.51 1563.20 463.91.00.67.82.00 25.20.16 35.94 80.00 10.15.54.00.00 50.33.01 23.00 10.com www.00.reportjunction.80.00 400.05.90 649. 1961 National Rural Credit (Long Term Operations) Fund National Rural Credit (Stabilisation) Fund Co-operative Development Fund Research & Development Fund Investment Fluctuation Reserve Producers' Organisation Development Fund Rural Infrastructure Promotion Fund Financial Inclusion Technology Fund Farmers Technology Transfer Fund Farm Innovation and Promotion Fund MFDEF Reserve Fund Reserve Fund Total 360.32 17.92 88.00 684.57.

10 47.81) 69320.61(23.55(60538.69) 912. Disclosures as required under AS-17 "Segment Reporting" in consolidated financial statements are as under: (` in crore) Financial Year 2010-11 (Consolidated) Segment Revenue Segment Results Total carrying amount of Segment Assets Total carrying amount of Segment Liabilities Other Items : Cost to acquire Segment Assets during the year Amortization & Depreciation Non Cash Expenses (other than above) – 0.18%) of that amount is determined based on depreciation provided by following WDV / SLM at the rates as specified in Schedule XIV to the Companies Act.82* 52.sansco. NABARD Financial Services Limited NABARD Consultancy Pvt.21 -"Consolidated Financial Statement" Depreciation on fixed asset is provided on Written Down Value Method (WDV).. 7.71(12985.35) 1835.27) 22.09) Direct Finance 4090. 2.36) 2583. and NABARD consultancy services (Private) Limited has provided depreciation on fixed assets by adopting Straight Line Method (SLM) at the rates specified in Schedule XIV to the Companies Act. Consolidation has been done pursuant to the listing agreement with stock exchange.10) 15316.(AS) .59(1198.41(-518.51 (136350. 0.115.38) – – Note: There are no reportable secondary segments for the bank and its subsidiaries 8. Unauthorized Distribution Prohibited.08(96.18(187.06(0.27(61222. K C Chakrabarty Director Alok Nigam Director K. NABARD Consultancy Services Limited and Agri Business Finance (AP) Ltd.77(2281.107 on 2013-09-02 17:18:09 EDT.37) 22.176.www.82) 20457. 046070 Mumbai Date : May 30.00(18. at the rates specified in Schedule XIV to the Companies Act.75) 1567.75) 271. *NABARD controls the Board of Directors of Agri Business Finance (AP) Ltd. ISI Emerging Markets.115.com www. 6. 2011 Rakesh Singh Chairman Dr. Income on foreign assignments by NABCONS is accounted on "receipt" basis.13) 66434.94) Total 9224.54(11.00(0.47(239. Ltd.11) 158978.47 100.00 0. Previous Year figures have been regrouped / rearranged wherever necessary As per our attached report of even date P .67(41.52) 133.49(3298.and hence considered as a subsidiary. DownloadPDF.39(55128.13) – 5.48) Unallocated 103.54(11.23) 74643.34) 18.13) 158978.14% (0.06) 0. The amount of such fees receivable is not material.56(20320.176.60) – Refinance 4086. whereas NABARD Financial Services Ltd.63(32. 1956. Financial statement in respect of Agri Development Finance (Tamilnadu) Ltd.net Additional Notes to Consolidated Accounts 1.67 crore (23.10) 0.68) 18.00 Name of the Subsidiary Agri Development Finance (Tamilnadu) Ltd. 4.03) 33.38(374.20(7980.05(-0.37) (0. 1956 by Agri Development Finance (Tamilnadu) Ltd and Agri Business Finance (AP) Ltd.85(3298. Thus out of the total depreciation of ` 22.24(1255. .107 at 2013-09-02 17:18:09 EDT.34 crore) included in the Consolidated Financial Statement.21(1227. The financial statements of the company and its subsidiary companies are combined on a line to line basis by adding together expenses after fully eliminating intra-group balances and intra-group transactions in accordance with Accounting Standard .30) 100. 2011 K Jayakumar Director 122 ISIEmergingMarketsPDF in-spjainmr from 115. Thus the Accounting Policy followed by subsidiaries for depreciation are different from the Accounting Policy for depreciation followed by NABARD in the preparation of Consolidated Financial Statements. Parikh & Associates Chartered Accountants FRN. Agri Business Finance (AP) Ltd.32) -915. No.00) -0.10(60661.97(1602. Downloaded by in-spjainmr from 115. 107564W Ashok Rajagiri Partner : M. 1956 on prorata basis. Details of the subsidiaries: Country of Incorporation India India India India Proportion of Ownership 52. are unaudited.33) – Treasury 943. S. Padmanabhan Chief General Manager Accounts Department Mumbai : May 30.10(18.reportjunction. 266.18) -0.21(73.90) 68934. 3.51(136350.

45 (-)1161.86.69 2281.97 (-)58 (-)1255.176.16 2.19.57.50 17.34 1815.37 2555.30 68.net National Bank for Agriculture and Rural Development Consolidated Cash Flow Statement for the year ended 31 March 2011 Particulars During 2010-11 (` in '000) During 2009-10 (a) Cash flow from Operating Activities Net profit as per P & L a/c before tax Depreciation Provisions and Amortisations Provision for Non performing Assets Provision for Standard Assets Provision for Sacrifice in interest element of restructured loan Interest credited to various funds Other expenses Income from Investment Profit / Loss on sale of Fixed Asset Expenditure from various funds Operating profit before working capital changes Adjustment for net change in: Current Assets Current liabilities Increase/Decrease in Loans and Advances Cash generated from operating activities Payment towards Income tax Net cash flow from operating activities (A) (b) Cash flow from Investing Activities Income from Investment Increase / Decrease of Fixed Assets Increase / Decrease in Investments Net cash used in investing activities (B) (c) Cash flow from Financing Activities Proceeds of Bonds Increase / Decrease in Borrowings Increase / Decrease in Deposits Grants / contributions received Dividend paid Net cash raised from financing activities (C) Net increase in cash and cash equivalent (A)+(B)+(C) Cash and cash equivalent at the beginning of the period Cash and cash equivalent at the end of the period Cash and cash equivalent at the end of the period includes : Cash in hand Balance with Reserve Bank of India Balances with other Banks in India Remittances in Transit Collateralised Borrowing and Lending Obligations Total As per our attached report of even date P .30 26036.53.34 32.71 (-)377.83 (-)4418.64 (-)5492. 046070.77.63 12928.88.88 (-)23166.20.www.46. Mumbai Date : May 30.21 (-)19087.80 649.01.93 (-)10.47.80.53 (-)11528. S.33. Padmanabhan Chief General Manager Accounts Department Mumbai : May 30.45.65.88.94 (-)795.93.26 854.94. Downloaded by in-spjainmr from 115. 2011 Rakesh Singh Chairman 1835.63 0 (-)938.33.115.20 22.50.com www.40 0 649.87 717.00 (-)4.90 (-)12801.81 (-)29381.32.88.30 6793.06 (-)58.56 1815.34 K.90 23.82.63.01 (-)28586.26 (-)3699.42 554.72.24.60.00 0 (-)8.86 (-)21790.19 (-)23708.37 228.43 17863.63 436.24 101.23.09 1166.67.33.28.97.40 694.69.18.36. ISI Emerging Markets.85 (-)17.09.41.00 91.79. No.25 (-)541.26 3925.87.53.00 118.03. 2011 Dr. Unauthorized Distribution Prohibited.70 (-)2087.71 698.44 943.60.50 28683.75 1255.50 4033.65.24.reportjunction.83 17. .24.68.80.24.sansco.44.33.85.34 2009-10 22 25.68. K C Chakrabarty Director Alok Nigam Director K Jayakumar Director 123 ISIEmergingMarketsPDF in-spjainmr from 115.107 on 2013-09-02 17:18:09 EDT.35 649. 107564W Ashok Rajagiri Partner : M.107 at 2013-09-02 17:18:09 EDT.32.04 (-)808.23.115.85.50.85 4.57.20.94 1591.59.03 (-)262.10.90. Parikh & Associates Chartered Accountants FRN.41 (-)58.176. DownloadPDF.69 2010-11 10 38.45 911.70 12762.54.93 (-)20.78.74.

PRO : 022-26530071.org pd@nabard.org mcid@nabard.org dear@nabard.107 at 2013-09-02 17:18:09 EDT.org pcd@nabard.org pro@nabard. Department of Economic Analysis & Research Department of Co-operative Revival & Reforms Department of Information Technology Department of Supervision Development Policy Department-Farm Sector Development Policy Department-Non-Farm Sector Finance Department Financial Inclusion Department General Administration Department Rajbhasha Prabhag Human Resources Development Department Human Resources Management Department Inspection Department Institutional Development Department Investment Credit Department Law Department Micro Credit Innovations Department Premises Department Production Credit Department Secretary's Department Public Relations State Projects Department Technical Services Department Repositioning Department Nabcons chairman@nabard.org ed4@nabard.115.org tsd@nabard.org ad@nabard.org dpd.org ed3@nabard. DownloadPDF.org idd@nabard.sansco. Downloaded by in-spjainmr from 115.org dcrr@nabard.org secy@nabard.org nabcons@nabard.org rajbhasha@nabard.org dos@nabard.107 on 2013-09-02 17:18:09 EDT.org fid@nabard.org spd@nabard.net E-mail Addresses of NABARD Head Office Departments at Mumbai Chairman's Secretariat Executive Director (S.org nabrepo@nabard.org gad@nabard.org Telephone Nos. Reception : 022-26539895/96/99.org id@nabard. Protocol & Security : 022 .org ed1@nabard.S.K.org dpd.Mitra)'s Secretariat Executive Director(Amaresh Kumar)'s Secretariat Executive Director(B.org cpd@nabard.reportjunction.com www.org hrmd@nabard.org law@nabard. Unauthorized Distribution Prohibited.fs@nabard.org csid@nabard.org icd@nabard.org cvc@nabard.26539046 124 ISIEmergingMarketsPDF in-spjainmr from 115.115.org hrdd@nabard.org dit@nabard. ISI Emerging Markets.www. Shekhawat)'s Secretariat Accounts Department Central Vigilance Cell Corporate Planning Department Central Statistical Information Dept.org fd@nabard.nfs@nabard. .176.176.

sansco. No.B. 2743416 Fax No. Pithalia Complex K. : (0471) 2324358 E mail : trivandrum@nabard.org GOA Third floor. Complex. B. : (0141) 2742161 E mail : Jaipur@nabard. : (0832) 2220490. VIP Road Opposite State Bank of India Itanagar .3.org pat_nab@dataone. : (0361) 2235661 2238004 to 025 Fax No. : (080) 22225241/44 Fax No. Wellesley Road Post Box No.in ASSAM Opposite Assam Secretariat G. No. : (0651) 2361108 E-mail : nabardjh@dataone. : (080) 22222148 E mail : bangalore@nabard.695 001 Tel No. RTC Cross Roads Musheerabad Hyderabad . Road. Fafadih Chowk Raipur . 104 Jaipur . 5046701 Fax No.115. 5046728 Fax No.org nabassam@dataone.in JAMMU & KASHMIR B-II.org MADHYA PRADESH E-5.org NAGALAND NSCB Head Office Administrative Bldg. 7 Chandigarh .107 on 2013-09-02 17:18:09 EDT. : (0755) 2463341/69 2466695 Fax No. : (079) 27551584 E mail : ahmedabad@nabard.K. 4th & 5th floor Dak Bungalow Road Patna .org ARUNACHAL PRADESH Bank Tinali. ISI Emerging Markets.176. Nizari Bhavan Menezes Braganza Road Panaji . : (0177) 2624373 2624379 Fax No. Shillong . Shivaji Nagar Pune .org JHARKHAND Opp. 2/1. : (0612) 2238424 E mail : patna@nabard. : (0361) 2235657 E mail : guwahati@nabard.110 125 Tel No. P. : (0172) 5046700.302 015 Tel No.D.796 014 Tel No. Block No. 2472620 Fax No. : (0191) 2472337 E mail : jammu@nabard.160 022 Tel No. : (0755) 2466188 E mail : bhopal@nabard. : (0385) 2410706.org PUNJAB Plot No. : (03862) 227040 E-mail : dimapur@nabard.462 016 Tel No.org ANDHRA PRADESH 1-1-61.797 112 Tel No.in MAHARASHTRA 54. 2416192 Fax No.in bhubaneswar@nabard. : (0771) 2888496/99 Fax No. Nayapalli Civic Centre Bhubaneswar . : (0771) 2884992 E mail : raipur@nabard. Post Box No.net Regional Offices / Cell / Training Establishments REGIONAL OFFICES ANDAMAN & NICOBAR NABARD Complex VIP Road Port Blair .org KERALA Punnen Road.380 013 Tel No. : (0364) 2221602. Sector 34-A Post Box No.org ORISSA 'Ankur'.28(2). : (020) 25541083 25542090 Fax No. P. 220 Thiruvananthapuram . : (0177) 2622271 E-mail : shimla@nabard. Unauthorized Distribution Prohibited.in HIMACHAL PRADESH NABARD Bhavan. Bittan Market Ravishankar Nagar Post Office Bhopal .S.org BIHAR Maurya Lok Complex Block ‘B’.176. : (0172) 5046784 E mail : haryana@nabard. : (040) 27611829 E-mail : hyderbad@nabard.171 009 Tel No. : (0389) 2340815 E mail : aizawl@nabard.492 009 Tel No. 2503499 2501518 Fax No. Post Bag No. Kasumpti Shimla . : (011) 41539187 41539185 E mail : delhi@nabard. 29 Bengaluru . Adivasi College Hostel Karamptoli Road Ranchi .781 006 Tel No.org KARNATAKA 113/1. : (0364) 2227463 E mail : shillong@nabard. Post Box No. Nehru Place Tonk Road. : (0674) 2553884 Fax No.A. : (0191) 2472355.org nabardsm@dataone. Municipal Garden Usmanpura Ahmedabad .3. 2430504 Fax No. : (0172) 5046702 E mail : chandigarh@nabard.411 005 Tel No. Circular Road Dimapur . B.org nabard_shg@dataone.115. DownloadPDF. : (0385) 2416191 E-mail : imphal@nabard. 2323590 Fax No.795 004 Tel No.180 012 Tel No.160 022 Tel No.744 103 Tel No. Downloaded by in-spjainmr from 115. 2nd & 3rd Floor Dhankheti. : (0360) 2215967 Fax No. : (0141) 2740821. Arera Colony.C. : (020) 25542250 E-mail : pune@nabard. Statue P. : (0471) 2323529.793 003 Tel No. Road.org nabbng@dataone. : (040) 27685555.in MIZORAM Ramhlun Road (North) Bawngkawn Aizawl .org NEW DELHI NABARD Tower 24 Rajendra Place New Delhi .500 020 Tel No. Jeevan Prakash Annexe J. Road. : (0612) 2223985 Fax No. 235600 235601 Fax No. : (03862) 234063. 27612651 Fax No.org MANIPUR Leiren Mansion Opposite Lamphel Supermarket Lamphelpat. : (03192) 237696 E-mail : portblair@nabard.791 111 Tel No. : (03192) 233308 Fax No.34 'A' Chandigarh . : (0832) 2223429 E mail : panaji@nabard.com www. : (0651) 2361107 Fax No. : (011) 25818733 25721723 Fax No.107 at 2013-09-02 17:18:09 EDT. 7 Sector .org GUJARAT NABARD Tower Opp. 2305290 Fax No.in MEGHALAYA 'U' Pheit Kharmihpen Building Plot No.in RAJASTHAN 3. 5.751 015 Tel No. Imphal .834 001 Tel No.org 125 ISIEmergingMarketsPDF in-spjainmr from 115. .560 002 Tel No.org nab_rpr@dataone. 4th South Block Bahu Plaza Complex. 4th Floor. No. 32 S. Guwahati . : (0172) 5046703.800 001 Tel No. West Wing Khermahal.403 001 Tel No. : (079) 27552257-59 Fax No.reportjunction. 2 Jammu . : (0360) 2212675 E mail : itanagar@nabard. : (0674) 2552019 E mail : nabbhu@sancharnet.1 Dispur. : (0389) 2343428.org nabmpro@dataone.org HARYANA Plot No.in CHHATTISGARH 1st & 2nd Floor.www.

net SIKKIM Om Nivas. : (044) 28276088. Post Bag No.sansco.in gangtok@nabard. 6.799 001 Tel No. Bolpur Lodge Bolpur – 731 204 Birbhum (West Bengal) Tel No. : (0522) 2421052 Fax No.: (0522) 2757566 E-mail : nbtc@sify.139 Rajpur Road Dehradun .org nabarddoon@dataone.org CELL SRINAGAR Opp.575 004 Tel No.: (03463) 252295 E-mail : nabbol@rediffmail. L. LDA Colony Kanpur Road Lucknow . Aliganj Lucknow – 226 020 Tel No.6074.in WEST BENGAL ‘Abhilasha’.www.mangalore@nabard. : (0522) 2757564.600 034 Tel No. Mandi Samiti.org HYDERABAD Zonal Training Centre NABARD.107 on 2013-09-02 17:18:09 EDT. 2225844 Fax No. 46 Gangtok . : (0522) 2304531 E mail : lucknow@nabard. : (044) 28275732 E mail : chennai@nabard. : (0135) 2748611 Fax No.190 008 Tel No. 1117 Manjusha Building Above Automatrix Showroom Near KSRTC Bus Stand Bejai Church Road Bejai. 2757610 Fax No.reportjunction. Amar Singh College Gate Gogji Bagh Srinagar .226 012 Tel No.org TRIPURA Palace Compound (East) Uzirbari Road. Post Box No.in kolkata@nabard.com MANGALORE Regional Training College NABARD. : (03592) 204062 E mail : gtk@dataone.700 016 Tel No. : (0824) 2225836. : (03592) 203015. Mahatma Gandhi Road Post Box No. Vipin Khand Gomti Nagar Lucknow .in 126 ISIEmergingMarketsPDF in-spjainmr from 115. 22667943 Fax No.: (040) 23375007 E mail : nabard7_hyd@dataone. 10-1-128/4 NABARD Officers’ Quarters Masab Tank Hyderabad .226 012 Tel No.: (0824) 2225835 E mail : rtc.org UTTAR PRADESH 11. : (0135) 2748610 E mail : dehradun@nabard.9083.com www. : (033) 22552255. : (0381) 2224125 E mail : agartala@nabard. Downloaded by in-spjainmr from 115. .: (0522) 2421035 E mail : nbsc@nabard. Royd Street Kolkata .115.107 at 2013-09-02 17:18:09 EDT.in LUCKNOW National Bank Staff College Sector 'H'.9 Agartala .176.in bird@sancharnet. : (040) 23375006 Fax No. 2421055 Fax No. : (0381) 2229644 2229633 Fax No.226 010 Tel No. Church Road Post Box No.: (0522) 2421047. : (0522) 2421137/54.115. Sitapur Road Opp. Post Box No.737 101 Tel No. : (0194) 2310479 TRAINING ESTABLISHMENTS BOLPUR Regional Training College NABARD.org UTTARAKHAND 113/2.A.D. 220478 Fax No. Mangalore .org TAMIL NADU 48. Colony Kanpur Road Lucknow . 28304444 Fax No.com LUCKNOW Bankers Institute of Rural Development Section 'H'. Nungambakkam Chennai . DownloadPDF. Hotel Sunrise Building 2nd & 3rd Floor. 2nd floor Post Box No. : (033) 22494507 E-mail : nabardkol@dataone.248 001 Tel No.500 028 Tel No.176. Unauthorized Distribution Prohibited. 252783 Fax No.org LUCKNOW National Bank Training Centre Sector D/S. : (0522) 2304530 Fax No. ISI Emerging Markets. : (03463) 252812. 2421176 E mail : bird@bsnl. : (0194) 2310280 Fax No.

Downloaded by in-spjainmr from 115.107 on 2013-09-02 17:18:09 EDT.115. Unauthorized Distribution Prohibited.net LIST OF ABBREVIATIONS AS AAGR A & N Islands AACS ACABC ACB ACE ACSTI ADFC ADWDRS AEZ AFC AFI AFPRO AFS AgDSM AGMARKNET AH AIBP AIDIS ALCO ALM AM AMI AML APCOB-CTI APMC APRACA ARWIND ASP ATM BADP BAIF BC BCG BEE BESCOM BF BIRD BNB BoS BPL C-PEC CA Accounting Standards Average Annual Growth Rate Andaman & Nicobar Islands As Applicable to Co-operative Societies Agri Clinic and Agri Business Centres Audit Committee of the Board APRACA Centre of Excellence Agriculture Co-operative Staff Training Institute Agriculture Development Finance Company Agricultural Debt Waiver and Debt Relief Scheme.115. Alliance for Financial Inclusion Action for Food Production Available for Sale Agriculture Demand Side Management Agricultural Marketing Information Network Animal Husbandry Accelerated Irrigation Benefit Programme All India Debt and Investment Survey Asset Liability Management Committee Asset Liability Management Accompanying Measures Agriculture Marketing Infrastructure Anti-Money Laundering Andhra Pradesh State Cooperative Bank-Cooperative Training Institute Agricultural Produce Market Committee Asia-Pacific Rural and Agricultural Credit Association Assistance to Rural Women in Non-Farm Development Application Service Provider Automated Teller Machine Border Area Development Programme Bharatiya Agro Industries Foundation Business Correspondents Boston Consultancy Group Bureau of Energy Efficiency Bangalore Electric Supply Company Business Facilitators Bankers Institute of Rural Development Bhavishya Nirman Bonds Board of Supervision Below Poverty Line Centre for Professional Excellence in Cooperatives Chartered Accountant CAC CAGR CARE CAS CAT CB CBP CBS CCS CD CDF CDM CDP CEO CER CFA CFSA CIBIL CISS CMA CMIE CMR CP CPI CPI-AL CPI-RL CPIS CRAR CRIDA CRISIL CRR CS CSA CSP CTFC CTI CUC CVC DADI DAHDF DAP DCCB DDM DDSD Concurrent Audit Cell Compound Annual Growth Rate Credit Analysis & Research Limited Common Accounting System Capacity Building for Adoption of Technology Commercial Banks Capacity Building Phase Core Banking Solution Co-operative Credit Structure Certificate of Deposit Co-operative Development Fund Clean Development Mechanism Cattle Development Projects Chief Executive Officer Certified Emission Reduction Chartered Financial Analyst Committee on Financial Sector Assessment Credit Information Bureau (India) Limited Capital Investment Subsidy Scheme Credit Monitoring Arrangement Centre for Monitoring of Indian Economy Centre for Micro-finance Research Commercial Paper Consumer Price Index Consumer Price Index for Agricultural Labour Consumer Price Index for Rural Labour Coconut Palm Insurance Scheme Capital to Risk-Weighted Assets Ratio Central Research Institute for Dryland Agriculture Credit Rating Information Services of India Limited Cash Reserve Ratio Capital Support/Company Secretary Co-operative Societies Act Customer Service Provider Certified Trainer in Financial Cooperatives Co-operative Training Institute Carcass Utilisation Centre Central Vigilance Cell District Agricultural Development Index Department of Animal Husbandry.com www. . 2008 Agricultural Export Zone Agricultural Finance Corporation Ltd. Dairying and Fisheries Di-Ammonium Phosphate/ Development Action Plan District Central Co-operative Bank District Development Manager Demand Driven Skill Development 127 ISIEmergingMarketsPDF in-spjainmr from 115. ISI Emerging Markets.reportjunction. DownloadPDF.176.176.sansco.www.107 at 2013-09-02 17:18:09 EDT.

Full Implementation Phase Farm Innovation and Promotion Fund Financial Inclusion Technology Fund Financial Literacy and Credit Counselling Centres Flash Reports Farmers’ Resource Centre Farmers’ Service Societies Farmers’ Training and Rural Development Centres Farmers’ Technology Transfer Fund Generally Accepted Accounting Policies General Credit Card Gross Capital Formation Gross Domestic Product Gross Domestic Savings Government Final Consumption Expenditure Deutsche Gesellschaft fur Internationale Zusammenarbeit Ground Level Credit Govt. Kisan Credit Card Kreditanstalt fur Wiederaufbau (German Development Bank) Khadi and Village Industries Commission Krishi Vigyan Kendras Know Your Customer 128 ISIEmergingMarketsPDF in-spjainmr from 115.sansco.World Wide Fund for Nature Information and Communications Technology Institute for Development & Research in Banking Technology Information. of India Deutsche Gesellschaft fur Technische Zusammenarbeit Held for Trading Head Office High Power Committee Human Resource Human Resource Management Held to Maturity Handloom Weavers’ Groups Indian Agricultural Research Institute IAS ICAI ICM ICRA ICRISAT-WWF ICT IDRBT IEC IES IFAD IGWDP IIBM IIM IIMPS IIT IMF IPDSS IR IRR IRV ISAP ISEC ISMW ISRO-VSAT ISS IT ITI IWDP JCC JLG JLTC JNNSM KADFC KCC KfW KVIC KVK KYC Indian Administrative Service Institute of Chartered Accountants of India Institutes of Cooperative Management Investment Information and Credit Rating Agency of India International Crops Research Institute for the Semi-Arid Tropics .107 at 2013-09-02 17:18:09 EDT.net DEDS DLMRC DLT DPR DRDA DRIP DTL DTP DVCF ENZEN EoI ERP EXCOM FC FCI FIF FIMMDA FINO FIP FIPF FITF FLCC FR FRC FSS FTRDC FTTF GAAP GCC GCF GDP GDS GFCE GIZ GLC GoI GTZ HFT HO HPC HR HRM HTM HWG IARI Dairy Entrepreneurship Development Scheme District Level Monitoring and Review Committee District Level Trainers Detailed Project Reports District Rural Development Agency District Rural Industries Project Demand and Time Liabilities Development of Tribal Population Dairy Venture Capital Fund Enzen Global Solutions Private Limited Expression of Interest Enterprise Resource Planning Executive Committee Farmers’ Clubs/Financial Co-operation Food Corporation of India Financial Inclusion Fund Fixed Income Money Market and Derivatives Association of India Financial Information Network & Operations Ltd.reportjunction.115. Unauthorized Distribution Prohibited.www. Education. DownloadPDF. Downloaded by in-spjainmr from 115. Communication Indian Economic Service International Fund for Agriculture Development Indo-German Watershed Development Programme Indian Institute of Bank Management Indian Institute of Management Invest India Micro-Pension Services Indian Institute of Technology International Monetary Fund Institutional Protection and Deposit Safety Scheme Inspection Reports Internal Rate of Return Individual Rural Volunteers Indian Society of Agri-business Professionals Institute for Social and Economic Change Indian School of Micro-Finance for Women Indian Space Research Organisation Very Small Aperture Terminal Investment Specific Studies Information Technology Integrated Training Institute Integrated Watershed Development Programme Joint Consultative Committee Joint Liability Groups Junior Level Training Centres Jawaharlal Nehru National Solar Mission Karnataka Agriculture Development Finance Company Ltd.107 on 2013-09-02 17:18:09 EDT. ISI Emerging Markets.115.com www.176.176. .

National Federation of State Cooperative Banks National Agricultural Insurance Scheme Non-Banking Finance Company National Bank Staff College National Bank Training Centre National Council for Cooperative Training National Centre of Organic Farming North Eastern North Eastern Development Finance Corporation Ltd.107 on 2013-09-02 17:18:09 EDT. ISI Emerging Markets. Unauthorized Distribution Prohibited.107 at 2013-09-02 17:18:09 EDT.176.reportjunction.176. Small and Medium Enterprises Minimum Support Price Million Shallow Tubewell Programme Medium Term / Metric Tonne Mother Units NABARD Consultancy Services Pvt.com www.) ODI OP OPP OS PACS PAT PBT PCARDB PDAI PFCE PFRDA PGDRB PIA PLP POS PPID PPP PRI PUCB PVCF RBI RCMB RCS REDP North-Eastern Region Non-Farm Sector National Food Security Mission Non-Governmental Organisation New High Energy Efficiency Pumpset National Horticulture Mission National Infrastructure Development Assistance National Institute of Rural Banking New Land Use Policy National Manufacturing Competitiveness Programme National Mission on Micro Irrigation Non Performing Asset National Pulses Development Programme National Project on Organic Farming National Programme on Rural Industrialisation New Pension System Net Present Worth National Rural Credit (Long Term Operations) Natural Resources Management Centre National Rural Credit (Stabilisation) Organisational Development Initiative Occasional Paper Oilseeds Production Programme Operating System Primary Agricultural Credit Societies Profit After Tax Profit Before Tax Primary Co-operative Agriculture and Rural Development Bank Primary Dealers Association of India Private Final Consumption Expenditure Pension Fund Regulatory & Development Authority Post Graduate Diploma in Rural Banking Project Implementing Agency Potential Linked Credit Plan Point of Sale Pilot Project for Integrated Development of Backward Blocks Public Private Partnership Panchayat Raj Institution Primary Urban Co-operative Bank Poultry Venture Capital Fund Reserve Bank of India Risk Management Committee of the Board Registrar of Co-operative Societies Rural Entrepreneurship Development Programme 129 ISIEmergingMarketsPDF in-spjainmr from 115.115. .net LABS LAMPS LBSNAA LPA LT LTCCS M-CRIL MAAPA MBA MC MDMI MEDP MF MFDEF MFI Mha MIS MNAIS MNRE MoA MOP MoSPI MoU MPLADS MSME MSP MSTP MT MU Nabcons NABFINS NAFSCOB NAIS NBFC NBSC NBTC NCCT NCOF NE NEDFi Livelihood Advancement Business School Large-sized Adivasi Multipurpose Society Lal Bahadur Shastri National Academy of Administration Long Period Average Long Term Long Term Co-operative Credit Structure Micro-Credit Ratings International Limited Multi-activity Approach for Poverty Alleviation Master of Business Administration Management Committee Manpower Development & Management Institute Micro-Enterprise Development Programme Micro-Finance Micro-finance Development and Equity Fund Micro Finance Institution million hectares Management Information System Modified National Agricultural Insurance Scheme Ministry of New and Renewable Energy Ministry of Agriculture/ Memorandum of Agreement Muriate of Potash Ministry of Statistics and Programme Implementation Memorandum of Understanding Member of Parliament Local Area Development Scheme Micro. Ltd.115. Downloaded by in-spjainmr from 115. NER NFS NFSM NGO NHEP NHM NIDA NIRB NLUP NMCP NMMI NPA NPDP NPOF NPRI NPS NPW NRC(LTO) NRMC NRC(Stab.sansco. NABARD Financial Services Ltd.www. DownloadPDF.

176. Opportunities.sansco. DownloadPDF. ISI Emerging Markets.176.reportjunction.com www. .107 at 2013-09-02 17:18:09 EDT.www.115. Unauthorized Distribution Prohibited.107 on 2013-09-02 17:18:09 EDT. Downloaded by in-spjainmr from 115.115. Weakness. Threats Travelling Allowance/Daily Allowance Technical Component Tribal Development Fund Training Establishment Task Force Total Financial Outlay Term Money Borrowings Targeted Public Distribution System Terms of Reference Tripura State Support Project on SHG United Nations Development Programme Umbrella Programme on Natural Resources Management US-Agency for International Development Unstarred Question Union Territory Voluntary Agency Video Conferencing Village Development Programme Vehicle Operating Cost Very Small Aperture Terminal Village Watershed Committee Weather Based Crop Insurance Scheme Women Development Cell Watershed Development Fund Watershed Organisation Trust Wholesale Price Index Zonal Training Centre 130 ISIEmergingMarketsPDF in-spjainmr from 115.net RFA RFI RFIP RGCT RGMVP RICM RIDF RIF RLP RML RNFS RO RRB RSVY RTC RTI RUDSETI R&D SAO SAS SAU SBI SBLP SBPC SCARDB SCB SCC SC/ST SDC SDD SDP SF/MF SGSY SHG SHLS SHPI SIDBI SLIC SLR SLSMC SLTF SMS SOFTCOB Revolving Fund Assistance Rural Financial Institutions Rural Financial Institutions Programme Rajiv Gandhi Charitable Trust Rajiv Gandhi Mahila Vikas Pariyojana Regional Institute of Cooperative Management Rural Infrastructure Development Fund Rural Innovation Fund Realistic Lending Programme Reuters Market Light Rural Non-Farm Sector Regional Office Regional Rural Bank Rashtriya Sam Vikas Yojana Regional Training College Right to Information Rural Development and Self Employment Training Institute Research and Development Seasonal Agricultural Operations Situation Assessment Survey State Agricultural University State Bank of India SHG-Bank Linkage Programme Standardised Banking Programme for Co-operatives State Co-operative Agriculture and Rural Development Bank State Co-operative Bank Swarojgar Credit Card Scheduled Caste/Scheduled Tribe Swiss Agency for Development and Cooperation Special Development Debentures Skill Development Programmes Small Farmers/Marginal Farmers Swarnjayanti Gram Swarozgar Yojana Self Help Group Solar Home Lighting System Self Help Promoting Institution Small Industries Development Bank of India State Level Implementation Committee Statutory Liquidity Ratio State Level Sanctioning and Monitoring Committee State Level Task Force Short Messaging Service Scheme of Financial Assistance for Training of Co-operative Banks Personnel SPV SRI SRTO SS SSI ST STCCS STCRC Fund STD ST(SAO) ST(OSAO) SWC SWOT TA/DA TC TDF TE TF TFO TMB TPDS ToR TSSPS UNDP UPNRM USAID USQ UT VA VC VDP VOC VSAT VWC WBCIS WDC WDF WOTR WPI ZTC Special Purpose Vehicles System of Rice Intensification Small Road Transport Operators Special Studies Sustainable Sugarcane Initiatives Short Term Short Term Co-operative Credit Structure Short Term Co-operative Rural Credit (Refinance) Fund Short Term Deposit Short Term (Seasonal Agricultural Operations) Short Term (Other than Seasonal Agricultural Operations) State Warehousing Corporation Strength.

reportjunction.176.net ISIEmergingMarketsPDF in-spjainmr from 115.115. .sansco. Unauthorized Distribution Prohibited.www. ISI Emerging Markets. DownloadPDF.107 on 2013-09-02 17:18:09 EDT. Downloaded by in-spjainmr from 115.176.107 at 2013-09-02 17:18:09 EDT.com www.115.

ISIEmergingMarketsPDF in-spjainmr from 115.107 at 2013-09-02 17:18:09 EDT.reportjunction. G Block. ISI Emerging Markets.115.org. UCHITHA 4033 6400 .176.115. Unauthorized Distribution Prohibited. Bandra-Kurla Complex. Mumbai . Downloaded by in-spjainmr from 115.107 on 2013-09-02 17:18:09 EDT.com www.176. Bandra ( East ).nabard. DownloadPDF.400 051 website : http://www.www.net National Bank for Agriculture and Rural Development C-24.sansco.