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ANNUAL REPORT 2010-2011
NATIONAL BANK FOR AGRICULTURE AND RURAL DEVELOPMENT
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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.
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com www. ISI Emerging Markets.sansco. . 1981 P. 1981 Dr. Chakrabarty Lakshmi Chand Shashi Rekha Rajagopalan Directors appointed under Section 6(1)(d) of the NABARD Act. Unauthorized Distribution Prohibited. 1981 R.107 on 2013-09-02 17:18:09 EDT. K. DownloadPDF.net Board of Directors Rakesh Singh Chairman Directors appointed under Section 6(1)(c) of the NABARD Act. Jayakumar M. K. Basu B. Sinha Alok Nigam Directors appointed under Section 6(1)(e) of the NABARD Act.107 at 2013-09-02 17:18:09 EDT. G.115. Downloaded by in-spjainmr from 115. K. K. C. Sinha K.176. K.115.176. Meena A.reportjunction. Khandey Dr. K. I. Karmakar Managing Director ISIEmergingMarketsPDF in-spjainmr from 115.www.
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.................. 117 Consolidated Financial Statements 2010-11 ...... 95 Cash Flow Statement ........ 26 2................ 79 • Human Resources Management ...................................................................................................... 125 Abbreviations ............................................................................... 79 • Management ............................................. Development and Promotional Initiatives ............................................................................................. 127 Boxes 1............................................................................................................................ 80 • Administration and Other Matters ...................................................................................... 76 V...........Pilot interventions ..................................................................................................................................................................................................................................................... 43 • Rural Infrastructure Development Fund ................................ NABARD at a Glance Key Data References Principal Officers Highlights ..................................................................................................................................................................................................................................................... i I.......................reportjunction........... 35 III.......................................................3 Exotic Vegetables in Low Cost Poly-houses ............................................................................ Downloaded by in-spjainmr from 115............................................................................................................. 90 Annual Accounts 2010-11 ........................................................ 36 3............... 1 • Indian Economy ................................107 on 2013-09-02 17:18:09 EDT............................................. Unauthorized Distribution Prohibited................. 63 • Institutional Development ........................................................ 17 • Rural Non-Farm Sector ...........................................................................................118 E-mail Addresses of NABARD Head Office Departments at Mumbai .............................................................................................................................................................................115......................................................................................................................... 8 2....................... 72 5........... 34 • Research and Development Activities .......... 92 Balance Sheet ................................7 Findings of the Study on Organised Agri-food Retailing and Supply Chain Management .................................1 Impact of GoI Revival Package for STCCS . ......................................... 28 • Micro-Finance ..................................... 17 • Farm Sector .................................................. Economic Environment ......... Business Operations .................... 93 Profit and Loss Account .................................................. 20 ISIEmergingMarketsPDF in-spjainmr from 115.........................2 NABARD Infrastructure Development Assistance .................................................................................................................................................................................................................................1 Union Budget 2011-12: Highlights on Agriculture and Rural Development ........................... 1 • Global Economy ...................................................................................................................................................................... DownloadPDF........................................115............................. 87 • Sources of Funds ....................................................................................... 19 2......................... 25 2.sansco............................................................................................................................................................................................................................................................................... 80 1....................................................................................................... 87 • Uses of Funds ..... 39 • Production Credit .................................www..net Contents Page No.......... 2 II.2 Outcome of Village Development Programmes Phase I ...................................................................6 Dalbandhus of Tripura ........................... Corporate Governance and Management .......................................2 Working Groups for Twelfth Five Year Plan (2012-2017) ...................................................................... 63 • Supervision of Banks ....................................107 at 2013-09-02 17:18:09 EDT...............1 Evaluation Studies on RIDF Projects : Feedback on Benefits Realised .......................... 17 • Credit Planning ........................................................................................................................................176............................................................................................................................................................................................................................................................................................................................................................................................................ who had taken loans from private moneylenders............................................................................................ 61 3.............................................................................................1 Mid-Course Evaluation of Watershed Projects supported under WDF ......................................................... 94 Schedules to Balance Sheet .......................................................................3 Task Force "to look into the issue of a large number of farmers. 62 4................. 91 Auditors’ Report ............................. 39 • Investment Credit .................................................................................... 26 • Financial Inclusion ....................................................................................... not being covered under the loan waiver scheme" : Recommendations ............................... 30 • NABARD Consultancy Services ........4 UPNRM Projects ...............................................................1 Repositioning of NABARD .........................................................................................................com www......................... 32 2................................................................ 18 2......................................................................................................................................................................... 124 Regional Offices/Cell/Training Establishments .................................A Success Story ................................176................... 82 VI.......... Capacity Building of Client Institutions .......................................................................... 8 1.................................... Financial Performance & Management of Resources ......................................... 14 2.............................. Organisation.......... ISI Emerging Markets......................................................................................................... 54 IV................................................................................... 89 • Income and Expenditure ...............................................................5 Salient features of Natueco Farming (10 Gunta Model) .................................................................
...1 : Growth of PACS .......2 : Financial Support by NABARD ...........4 Chart 3... 87 Table 6.............................................176. Consumption and Exports of Major Plantation Crops ................... Vegetables & Milk in the World ....... 65 Table 4........ 70 Table 4........13 : Frequency Distribution of States/UT according to Level of Loan Recovery of SCB and DCCB ......... 24 Table 2... 56 ISIEmergingMarketsPDF in-spjainmr from 115.......................... 68 Table 4..............7 : Area Sown under Major Crops ...12 : Frequency Distribution of Co-operative Banks according to Range of Loan Recovery Percentage ... 3 Table 1.............2 : Growth of Short-Term Co-operative Banks ......... 59 Table 3... 15 Table 2.............. 64 Table 4.......................3 Chart 3........12 : Utilisation Percentage under RIDF (I TO XVI) .3 : Economic Indicators ........3 : Sanction of ST(SAO) Credit Limits to RRB .............................................1 Chart 3.....4 : Working Results of Co-operative Banks ....... .1-(a) : Annual Average Inflation Rate for Major Sub-groups of WPI .............14 : Frequency Distribution of States/UT according to Levels of Loan Recovery of SCARDB and PCARDB .. 74 Table 4..... 6 Table 1.......1 : Artificial Groundwater Recharge through dugwells 23 Table 3................ 39 Table 3... DownloadPDF.....18 : Frequency Distribution of States According to Levels of Recovery of RRB ..... 4 Chart 3........................... 12 Table 1... 64 Table 4.7 : Region-wise Working Results of DCCB .17 : Region-wise Working Results of RRB ......................16 : Indicators of Performance of RRB .... 65 Table 4.................. 66 Table 4................. 53 Table 3...................................................................... 4 Chart 1.................14 : Agency-wise.... 39 Table 3............. 89 Table 2....................5 : Region-wise Share in Refinance Disbursements ....5 : Agency-wise Disbursements ..............4 : Sectoral Growth Rates of GDP ....................................net Tables Table 1... 29 Table 2... 2 Table 1.............1 : Short-Term Refinance (Production Credit) for the Last Five Years . 69 Table 4.13 : Gross Capital Formation in Agriculture .........115....9 : Sub-sector-wise Ground Level Credit Flow for Agriculture & Allied Activities ............9 : Units Financed and Completed under Refinance Support ......8 : Agency-wise Ground Level Credit Flow .107 at 2013-09-02 17:18:09 EDT................................................1 : Overview of Global Economy ......... Year-wise Kisan Credit Cards Issued .............. 42 Table 3...2 : Uses of Funds ..................4 : Rates of Interest on Refinance .13 : Year/Tranche-wise Disbursements and Deposits received under RIDF ...... 60 Table 4......11 : Production........... 13 Table 1................................. 39 : Agency-wise Share in Refinance Disbursements ....... 11 Table 1..... 45 : Tranche-wise Sanction-RIDF I to XVI ........ 44 Table 3.............. 31 Table 2.4 : Progress of the Micro-Finance Programme .....7 : Sector-wise Disbursements ...2 : Total Staff Strength ....3 : Funds Utilisation ........... 68 Table 4........ 63 Table 4......11 : Percentage of Recovery of loans to Demand ...6 : Training of RFI Personnel ............ 41 Table 3.. 74 Table 4........... Downloaded by in-spjainmr from 115...... 76 Table 5........ 73 Table 4.. 12 Table 1.................... 30 Table 2. 5 Table 1.14 : Cumulative Economic and Social Benefits of RIDF Projects ..15 : Elected Boards under Supersession ....1-(b) : Monthly Inflation Rate for Major Sub-groups of WPI ...10 : Production of Major Crops ..................wise Share in Amounts Sanctioned under RIDF ....................11 : Tranche-wise Sanctions and Disbursements On-going – RIDF XI to XVI ......... 69 Table 4.....sansco.....12 : Area and Production of Major Horticulture Crops .....................176.............2 : Sanction of ST(SAO) Credit Limits to SCB ..... 1 Table 1.................................... 81 Table 6.. ISI Emerging Markets.............1 : Promotions Effected During the Year .... 67 Table 4.............com www.6 : Trends in Rainfall and Water Storage .........................RRB ............6 : Region-wise Working Results of SCB ...........10 : Sector-wise Projects and Amounts Sanctioned ... 55 Charts Chart 1... 81 Table 5........... 9 Table 1. 45 Table 3........10 : Composition of NPA of Co-operative Banks ............. 57 Table 3................................... 46 Table 3.www.107 on 2013-09-02 17:18:09 EDT.................1 : Sources of Funds .......15 : Minimum Support Prices for Major Crops . 64 Table 4.......15 : State-wise Benefits Estimated Under RIDF I to XVI .. 55 : Year-wise Disbursements under RIDF I to XVI ...5 : Grant Assistance Extended to various Partners in SHG-Bank Linkage Programme ........ 47 Table 3.5 : Trends in Exports and Imports ....................... 63 Table 4............ 37 Table 3.. Unauthorized Distribution Prohibited.. 5 Table 1............................... 44 Chart 3................115......5 : Accumulated Losses ..... 10 Table 1..FIF and FITF .......8 : Projects Sanctioned under Cold Storages and Rural Godowns ............2 : Production of Cereals.........................8 : Region-wise Working Results of SCARDB ...................3 : Growth of Long-Term Co-operative Banks ....... 66 Table 4..........6 Chart 3.......... 58 Table 3................6 : Region-wise Disbursements ...........2 : Externally Aided on-going Projects ....9 : Region-wise Working Results of PCARDB ......... 3 Table 1... 56 Table 3...........................reportjunction........ 55 : Sector... 7 Table 1....19 : Status of Financial Inclusion ................
422 22.580 Others Assets Total 0 1.307 (-)1 (-)32 51 5.742 1 199 131 60.58.36.073 9.546 4.188 228 0 228 Borrowings against STD 360 0 360 13.788 20.628 Uses of Funds 2011 2010 Net Utilisation 1.461 126.96.36.1990 Reserves & Surplus 11.461 0 13.863 683 230 2.520 235 2.448 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. ISI Emerging Markets.991 15 1 48 60 15 5 900 5 557 4 0 0 0 3 0 (-)510 5 11.872 7.784 f) NCDEX Ltd.net NABARD AT A GLANCE (` crore) Sources of Fund 2011 2010 Net Accretion Capital 2.622 9.869 8.675 1.com www.115.417 51 a) GOI Securities NRC (Stabilisation) Fund 1.140 (-)5 380 22. DownloadPDF. Downloaded by in-spjainmr from 115.593 1.107 at 2013-09-02 17:18:09 EDT.862 225 1 0 744 0 0 0 1.872 1.000 h) RIDF Loans i) Co-finance (Net of Provision) Fixed Assets Other Funds Total 6. & MCX Ltd.171 1.www.176.078 88 0 20 35. Bonds and Debentures 26.548 19 1 48 60 18 5 390 10 1.255 84 193 (-)20 (-)10.566 11 b) ADFC Equity c) AFC Equity Deposits 277 505 (-)228 d) SIDBI Equity e) AICI Ltd.292 (-)1.218 9.885 24.680 3.176. 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. Unauthorized Distribution Prohibited.sansco.009 f) LT Non-Project Loans g) Other Loans STCRC Fund 14.118 225 1 2.863 10.000 2.000 0 Cash and Bank Balances Collateralised Borrowing and Lending Obligation Investments in NRC(LTO) Fund 14. .reportjunction.115.577 1.823 4 Other Liabilities 5.292 ISIEmergingMarketsPDF in-spjainmr from 115.004 6.622 5.107 on 2013-09-02 17:18:09 EDT.468 14.580 1.878 59.812 Collateralised Borrowing and Lending Obligation 0 215 (-)215 193 0 25.435 0 167 182 66.
6 (-)23 8 27.NPA @ % to loan O/S RRB RRB in profit No.545 14 18.948 4.Sanction No.928 4.590 8 155 2.015 – 2010-11 8.Investment Credit Farm Sector – NFS – SHG – Co-financing projects No.867. ISI Emerging Markets.26 66 126 45 512 21.NPA Position % to loan O/S ^@@ Inspection of banks No. Financial Performance & Management of Resources Market Borrowings – Total Financial Resources – 8.514 – – – – 34.projects No.55 4.NPA@ % to loan O/S PCARDB .176.09 60. DownloadPDF.6 RE 14.75 9.470 – – – – 87 87 – – – – 25.107 at 2013-09-02 17:18:09 EDT.54 3rd AE 33.SCB No. 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. LT Co-operatives @ SCARDB in profit No.0 QE 0.254 1.485.627.SCB No.068 24.115.26 120. Unauthorized Distribution Prohibited.63 47 16.314.060. Downloaded by in-spjainmr from 115.69 600 13.58.779 – – – – 43.01 59 79 17 151 16.04 3.5 RE 6.109 177 6.NPA Position SCB .764 17.09 83 9 – 20 5 74 – – – – 8 39.715 18.903 8 122 3.72 343 282 61 28 323 11 307 9. Weavers’ .22 9.327 1.75 11 12.08 13.NPA Position SCARDB .630 18.47 44.ST Credit ST (SAO) .88 3rd AE 30. FTTF No.466 3.015. Co-operative banks@@ No. of projects R&D Fund .446 2.603 404 220 5.56 4.174 12 15.759 215.50 302 260 42 395 1.888 2010-11 – – – – – 4.30 24.747 1.RRB – Refinance . of projects REDP No. ST Co-operatives .982 196 236 1.promotional programmes No. RRB .19 235. PCARDB in profit @ No.370 220. FIPF.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 11.029 3.02 30 42 79 3.01 57. DCCB in profit @ No.483 34.742 2.84.055 3. 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. . ST (OSAO) .627 0.009. Tribal development projects No.779 – Amount (` crore) 2009-10 – – – – – 3.545 97 154 4.453 24.net KEY DATA REFERENCES Page No.10 14. RRB@@ No.92 3rd AE 7.36.reportjunction.sansco. of clubs NABARD-KfW Projects No.25 3rd AE 340.Disbursement – Capacity Building of Client Institutions ST Co-operatives SCB in profit @ No.799.RRB No. of projects SHG Loan Disbursed* lakh Consultancy Assignments .872 RE : Revised Estimate + : Includes agriculture.88 292. of projects Farmers’ Club No.87 5.9 – 7 17.7 10.20 205 15.107 on 2013-09-02 17:18:09 EDT.16 16.832 542 12.253 17.00 33 43 79 3.11 1.97 5.88 12. of projects Business Operations Financial Support by NABARD – Refinance .292 34. RIF.515 – – – – 463 1.86 62 10 – 21 4 80 – – – 3 41.NPA @ % to loan O/S LT Co-operatives .34 514.11 188.8.131.52 RE 2 21 16.469.NPA @ % to loan O/S DCCB .91 18.Sanction No. SCC Issued lakh FITF & FIF No. .com www.Contracted No.45 5.13 1. of projects .48 240 40. RIDF Loans .57 373.08 4.97 – 135.196 23.www.4 QE 14.176.36 218.97 12.
Prakash Bakshi CHIEF GENERAL MANAGERS (Rural Development Banking Service) V. G.115. ISI Emerging Markets. Ratnoo (Himachal Pradesh) M.www.net PRINCIPAL OFFICERS (31 March 2011) EXECUTIVE DIRECTORS S.com www. K. K . Mishra (Uttar Pradesh) M.107 at 2013-09-02 17:18:09 EDT.176. C . Balan H. S. A. Venkatesh Tagat (Karnataka) S . Mishra J. Rao (West Bengal) ISIEmergingMarketsPDF in-spjainmr from 115. Mohan Doss (Bihar) S. R. S. Satish (Maharashtra) K C Shashidhar (Kerala) Pankaj Pandit (Uttarakhand) Dr. Narayan (Tamil Nadu) C. Ashok (Jharkhand) G. Ramakrishna Rao C. Raghuraman Suraj Bhan J. V. Akbar (Madhya Pradesh) A. Muralidhara Rao (Rajasthan) Dr. Gopalakrishna P . P . Kumbhare P . K. D. Kaushik (Punjab ) P . Menon V.115. Mishra D. Talreja (Haryana) M. K. Srivastava (Assam) B. Bandyopadhyay Dr. . DownloadPDF. Siddesh (Gujarat) K .reportjunction. Sukhdeve (Jammu & Kashmir) K. B. Gupta S. Panigrahi S. Unauthorized Distribution Prohibited. K. Patro (NABCONS) N.107 on 2013-09-02 17:18:09 EDT. Downloaded by in-spjainmr from 115. G. L. C. Mitra Amaresh Kumar Dr. Singh Niraj Kumar Gupta A. V. C. S. T. C. Nayak S.176. Shekhawat R. K . P . K. Mohanaiah (Andhra Pradesh) S. L.sansco. Patnaik (Odisha) B.
U. Saha (Nagaland) R. Dave (New Delhi) A. .www. DownloadPDF. Mangalore) Dr. Prasad A. S. Lucknow Dr.176. V. Srivastava (Legal) Neeraj Kumar (Technical) Dr. C. Rajwani P . M. M. Dey (Sikkim) M. N. H. Nemlekar (Manipur) P. K. N. G.176. P . P .107 at 2013-09-02 17:18:09 EDT. Sundar (Tripura) S. Amalorpavanathan NBSC. Padmanabhan R. Negi (Srinagar Cell) ISIEmergingMarketsPDF in-spjainmr from 115. ISI Emerging Markets.115. Mukhopadhyay (Arunachal Pradesh) G. Ghole (Mizoram) Dr. R. S.107 on 2013-09-02 17:18:09 EDT. Renganathan (Technical) OFFICERS-IN-CHARGE OF REGIONAL OFFICES/CELL TRAINING INSTITUTIONS H.sansco. Chintala (Andaman & Nicobar Islands) B.com www. R. N. L. Sahoo (Chhattisgarh) CHIEF GENERAL MANAGERS (Legal/Technical Service) U. Downloaded by in-spjainmr from 115. Sandilya (Goa) B.reportjunction. Jodha (Meghalaya) R. Unauthorized Distribution Prohibited. V. Baheti (RTC. S.115.net K. P .
10 million hectares in 1991-92 to 108.90 million hectares. The contribution of agriculture sector to the GDP was 14. contributing 74 per cent. achieving 119.000 crore of credit flow to agriculture for 2010-11.26 million Kisan Credit Cards were issued by banks with sanctioned credit limit of ` 43. 4.0 per cent in 2009-10.sansco. of the total credit flow during 2010-11. which was 6. as at the end of March 2011. as on 31 March 2011.75. with growth in area under rabi foodgrains at 3. Food inflation was high due mainly to rise in prices of rice. Area sown under rabi crops in 2010-11 was more by 2. Agricultural exports increased from ` 81.269 crore during 2009-10. 5. i ISIEmergingMarketsPDF in-spjainmr from 115.4 per cent during 2010-11 as compared to 3.176.30 per cent.9 during 2009-10 as compared to 9. The irrigation potential created under all types of irrigation structures has increased from 81.115. Rainfall during the North-East monson was also 21 per cent more than the LPA. while certified/quality seed distribution was 321.370 crore.4 per cent in 2011.40 million hectares over the previous year. 7. The livestock sector contributed 3.com www. Of the cumulative 100. a decline of 0. eggs. vegetables.6 per cent during 2010-11.6 per cent during the fiscal 2009-10. as compared to 2009-10. respectively. The Gross Domestic Product (GDP) of the country has registered a growth of 8.03 million cards were issued by commercial banks. fruits.4 per cent to GDP from agriculture. registering a growth of 4.2 million hectares by March 2010. The share of food and allied products in the total imports of the country increased from 2.968 crore.115.1 and 18. DownloadPDF. followed by Banks. 40.70 million cards by co-operative banks and 15.www.1 per cent in 2008-09 to 3. ` 70. Unauthorized Distribution Prohibited.6 percentage points relative to 2010. 3.0 per cent more than the Long Period Average (LPA) during the South-West monsoon (June-September) 2010.93 million credit cards issued.706 crore.4 per cent during 2009-10 to 6. The World Economic Outlook (WEO) of the 6.2 per cent during 2010-11. The high growth trajectory of GDP has been during 2010-11 indicated an increase of 9. The crop acreage under various crops during kharif 2010 was 103.88 million hectares more than the area covered during the corresponding period of kharif 2009. 45. the banking system disbursed during 2008-09 to ` 85.105 crore and ` 43. Downloaded by in-spjainmr from 115. as compared to 23 per cent less than the LPA in the corresponding period last year. Commercial Banks. . The overall inflation rate as measured by changes in the Wholesale Price Index on a monthly basis was 9. a marginal decline of 0. which was 2.8 mm of ` 4.0 in 2008-09.3 million hectares).32. milk.52 million hectares. 16 per cent and 10 per cent respectively. ISI Emerging Markets.2 per cent.176. Total crop acreage under both kharif and rabi International Monetary Fund has projected the growth in global output at 4. As against the target of ` 3. Utilisation was to the extent of 85 per cent.5 per cent in 2010-11 compared to a growth of 8.5 per cent to the GDP and 28. 9. The production of breeder and foundation seed is facilitated due to a rebound in agriculture from 0. The country as a whole received 912. During 2010-11.5 lakh quintals.net Highlights Economic Environment 1.46.7 per cent in 2009-10. 8.750 crore estimated at 1.779 crore. 2. The percentage share of agriculture and allied products in the total exports was 9.36 lakh quintals during 2010-11.107 on 2013-09-02 17:18:09 EDT. The major increase in area was under rice (2. 7.41 per cent.reportjunction. meat and fish.14 per cent of the target.107 at 2013-09-02 17:18:09 EDT.20 million cards by Regional Rural rainfall. Co-operative Banks and Regional Rural Banks (RRB) disbursed ` 3.
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
` 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
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
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
The Village Development Programme is now
being implemented in 801 villages spread across 25
ISIEmergingMarketsPDF in-spjainmr from 184.108.40.206 on 2013-09-02 17:18:09 EDT. DownloadPDF. Downloaded by in-spjainmr from 220.127.116.11 at 2013-09-02 17:18:09 EDT. ISI Emerging Markets. Unauthorized Distribution Prohibited.
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
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)  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
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.
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
ISIEmergingMarketsPDF in-spjainmr from 18.104.22.168 on 2013-09-02 17:18:09 EDT. DownloadPDF. Downloaded by in-spjainmr from 22.214.171.124 at 2013-09-02 17:18:09 EDT. ISI Emerging Markets. Unauthorized Distribution Prohibited.
(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.
` 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.
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.
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.
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.
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.
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.
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.
NABARD Financial Services Ltd. disbursed an
amount of ` 50.64 crore to 2,019 groups through 31
ISIEmergingMarketsPDF in-spjainmr from 126.96.36.199 on 2013-09-02 17:18:09 EDT. DownloadPDF. Downloaded by in-spjainmr from 188.8.131.52 at 2013-09-02 17:18:09 EDT. ISI Emerging Markets. Unauthorized Distribution Prohibited.
65 crore worth assignments during 2010-11. Micro-finance for micro-enterprises and lakh.107 on 2013-09-02 17:18:09 EDT.50 crore were made to MFI and Federations.13 crore of contracts and executed `16. achieved ` 24. Economics of sugarcane production and processing.58 crore was utilised (NABCONS).14 crore) and other activities (` 0.80 crore. conferences. 37. Bhubaneswar were appointed by the Bank. Research and Development Activities 35. by 576 the training Training viz. Downloaded by in-spjainmr from 115. six projects/studies sanctioned earlier were completed during the year. NABARD Chair Professor Scheme (` 0. disbursements to the extent of ` 1. Of the prioritised 27 themes for research. NABCONS its business by entering into significantlly diversified new areas of business. symposia and workshops covering subjects/ areas related to agriculture and rural development including agricultural marketing. disbursement stood at ` 136.. 6 have been completed and the remaining are ongoing.com www.115. The cumulative organised an International Exposure Programme on Micro Finance for a batch of 14 officers from SANASA Development Bank. During the year. three Professors affiliated to IARI. grant assistance of ` 1. the profit after tax was ` 5. at the Lal Bahadur Shastri National Academy of Administration.107 at 2013-09-02 17:18:09 EDT. Alagappa University and Xavier Institute of Management. 12 Agricultural Co-operative Staff Training Institutions and three Integrated Training Institutes to enable them to improve their training system. research institutes and other agencies for organising 131 seminars. training/summer placement (` 15. During 2010-11. ` 17.sansco. subsidiary NABARD. Infrastructure for Agriculture and Rural Development. . 39. taking the aggregate disbursements during the year to ` 52. Sri Lanka during the year. 38. During the year. five Occasional Papers titled Kisan Credit Card. development of web based MIS for various State Government Programmes. BIRD conducted a special on-location programme on Credit Planning and Development Finance for IAS probationers undergoing Phase I course. NABARD Consultancy Services 34. monitoring of various programmes conducted Establishments of the Bank for 14.www. ISI Emerging Markets.77 crore). During were the year. During the current year. ten research projects involving a grant assistance of ` 1.15 crore). In 36.19 crore.14 crore. Unauthorized Distribution Prohibited. RTC. from the Fund during the year on training of staff of client banks.80 crore). Grant assistance of ` 153. During the year 2010-11.115. NABARD the Consultancy wholly Services owned Pvt Ltd of Promoting Rural non-farm sector were published. seminars (` 0.27 crore was addition.09 crore were sanctioned. occasional papers (` 0. DownloadPDF. Mangalore the Research and Development Fund for supporting activities like research projects/studies (` 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.176. taking the cumulative assistance to ` 347. infrastructure projects in different states adjoining the international borders of the country.36 sanctioned to various universities. Further.667 participants.reportjunction. Under the NABARD Chair Professor Scheme. under Border Area Development Programme (BADP). During the year.18 lakh was released during the year to Centre for Microfinance Research (CMR) established by NABARD in Bankers Institute of Rural Development (BIRD).176. Grant assistance of ` 15. the bank provided technical and financial support to seven Junior Level Training Centres. v ISIEmergingMarketsPDF in-spjainmr from 115.02 crore).net Business Correspondents (BC) during 2010-11.80 crore).
40 crore was disbursed as for subvention 2010-11 for has 2009-10.14 crore received from GoI towards interest subvention.107 on 2013-09-02 17:18:09 EDT. 42. 45. Further.www.759 crore. Production Credit 41. credit limits were sanctioned scheme was announced in the Union Budget 2010-11. Out of ` 383.799. registering a growth of 5. ` 201.90 per cent. The total production credit disbursed.196 crore.32 crore during 2009-10.109 crore sanctioned to 20 SCB during 2009-10. Unauthorized Distribution Prohibited.reportjunction. Out of ` 170. at endDuring 2010-11. 43. been Interest at subvention estimated Short-term Seasonal Agricultural Operation (SAO) Co-operative Banks (SCB) aggregating `23.59 crore received from GoI towards interest subvention.23 crore for Development of Tribal vi ISIEmergingMarketsPDF in-spjainmr from 115.39 crore) and Rajasthan ( ` 60.69 crore were Investment Credit 47. `210. as against ` 542 crore in the previous year.261.249. ` 249 crore was released to 212 sugar mills operating in 11 states.115.176. The credit limits included ` 2.97 crore for National Pulses Development Programme and `752. During 2010-11.net Business Operations 40. NABARD continued to act as nodal agency for GoI package for restructuring of Term Loans of Co-operative sugar mills.90 crore for the Oilseeds Production Programme. 46.com www.832. During the year. 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". Refinance of ` 140. as against the target of ` 12. Pondicherry and Tamil Nadu). ISI Emerging Markets. 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. Interest subvention of 1.87 crore. 4. co-operative banks and RRB for deploying their own funds for crop loan upto ` 3 lakh per farmer. DownloadPDF.115.30 per cent over that of the previous year.20 crore for National Pulses Development Programme.485.75 crore were sanctioned to four SCB (Andhra Pradesh. Of these.5 per cent interest rate for lending to the ultimate borrowers at 7 per cent.98 per cent over 2009-10.5 per cent per annum was available to public sector banks. During 2010-11.483 crore. The maximum outstanding was `23. as against `18. during the last three years.76 crore for credit requirements of tribals under the Development of Tribal Population. During the year.01 crore was extended to Kerala ( ` 79. was ` 34.sansco. Co-operative Banks for SAO was continued during the year. limits of ` 9. The growth in refinance disbursed during the year was 12.176. The aggregate limit for STOSAO sanctioned to RRB during 2010-11 was ` 600 crore. Short-Term weavers credit limits aggregating ` 215. 1.980 crore. The limits included ` 820. The continuance of the interest subvention NABARD during 2010-11 stood at `60.72 crore. provided the ultimate borrower got such loans at 7. The maximum utilisation was ` 598 crore.107 at 2013-09-02 17:18:09 EDT.989 HWG have been credit linked.13 crore sanctioned to 74 RRB in 2009-10.000 crore.31 crore for Oilseeds Production Programme. The total financial support extended by Population and ` 16.607 Handloom Weavers’ Groups were formed by banks in various States. to 21 State March 2011. Downloaded by in-spjainmr from 115. Additional subvention of one per cent. the total investment credit (including co-finance) disbursed was ` 13.0 per cent interest rate per annum.94 crore was disbursed to 77 co-operative sugar mills in Maharashtra and Odisha. The scheme of extending ST refinance to State Agriculture and Rural Development ` 2. The sanctioned to 80 RRB under ST-SAO as against ` 6. The achievement against target was 103. ` 169. as against ` 177. 44. Karnataka.696. an amount of ` 1. .62 crore) SCARDB at 4.
4. rural godowns.000 crore during 2010-11 taking the cumulative allocation to ` 1. Interest rates. including Sikkim. amount of ` 3.64 crore. an An amount of ` 1.45 crore were considered for sanction.6%).176.912 crore were granted subsidy of ` 274. Standardisation. Cumulatively. Cumulative sanction and disbursement were ` 240. impacting cost of funds for NABARD. .9%). viz. involving a TFO of ` 7. bio-fertilizers units-36 and fruit & vegetable waste compost units-13) had been sanctioned with net subsidy release of ` 12.45 crore till 31 March 2011. followed by was accounted for by NFS SHG (18. Under the Schemes on Animal Husbandry. 53. 8. The total allocation for RIDF. the major share of sector-wise refinance (25. However. 9. Changing market conditions. Subsidy of ` 1.176. with allocation of ` 18. a commercial bank.500 crore.492 units involving TFO of ` 2. Additionally.net policy of preferential treatment to states in NorthEastern. the rate of interest for all agencies was pegged at 9.115. subsidy. extended to Sikkim and Lakshadweep Chhattisgarh Under the scheme Grading for and Agricultural Marketing 654 Infrastructure.49 crore was disbursed for 110 projects.107 on 2013-09-02 17:18:09 EDT.115.38 crore. Eastern. projects with TFO of ` 978.1%). 52. Downloaded by in-spjainmr from 115. The disbursement during 2010-11 was ` 14. 49. During the year.62 crore and release of subsidy of ` 5. 9.34. agricultural market infrastructure. During the year.75 per cent for Commercial Banks. Refinance distribution across regions varied component.16. taking the cumulative number of sanctioned projects to 51.69 crore was released as subsidy for poultry processing and sheep/goat rearing units. three new projects were sanctioned.03 crore.107 at 2013-09-02 17:18:09 EDT.00 crore.80 per cent was for thrust areas. Subsidy of ` 83.61 crore towards the subsidy during 2010-11. monitoring and coordinating with others under the Capital Investment Subsidy Scheme of GoI. Farm Mechanisation (13. respectively. central (14%) and other regions (22%). Minor Irrigation (6. MoU were executed with 27 banks. Cumulatively. 50.64 Rural Infrastructure Development Fund 54. 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. Unauthorized Distribution Prohibited. was released for 8. 390 projects were sanctioned under the scheme involving TFO of ` 28.15 per cent for ADFC/NABFINS and 10. till 2009-10..www. with effect from 07 February 2011 stood at 9.8%). vii ISIEmergingMarketsPDF in-spjainmr from 115. During the year 2010-11.8%) and Dairy Development (6. necessitated the revision of interest rates on refinance five times during the year. NABARD conducted widely with the south accounting for the highest share (43%). thus.500 crore.25 per cent for RRB. Specific NABARD also conducted 16 (ISS) executed Studies (SS) covering farm and rural non-farm sectors. agri-clinics Investment and agri-business Studies centres and and 8 solar Special homelighting system.15 per cent for co-operative banks/ PUCB/ NEDFi.000 crore.987 units under the Jawaharlal Nehru National Solar Mission. as on 31 March 2011.sansco. Under National Project on Organic Farming (NPOF).15 crore was released to the banks during the year. stood at ` 1. was Hilly also Regions. The annual allocation under the Rural Infrastructure Development Fund (RIDF) was ` 16. 43. Of the total refinance disbursed. In all.5 per cent for NBFC.75 crore under the Scheme for Agri Clinics and Agri Business Centres (ACABC). RRB. During the year.reportjunction. with a total financial outlay to the extent of crore. followed by north (21%). a total of 667 units (vermi-hatchery units-627.com www. DownloadPDF. for NER. NABARD is the nodal agency for channelising (TFO) of ` 840.35 crore and ` 153. ISI Emerging Markets. 51. MoU for co-financing were with 5 RRB in Andhra Pradesh and seven evaluation studies covering four investments. a separate window was introduced in 2006-07 for funding rural roads component of Bharat Nirman Programme.15 per cent. 48.
80 per cent during 2009-10. of which borrowing members were 5. Loans issued by SCARDB and PCARDB increased by 19 per cent and 13 per cent respectively. decreased by 0. DownloadPDF. The cumulative disbursements under RIDF (I to XVI) and Bharat Nirman aggregated to ` 98. marginal increase of 5. Punjab and Gujarat (87%). respectively.reportjunction.43 crore was sanctioned and ` 6. 56. During the year 2008-09. over the previous year. NABARD is exploring possibilities of funding implementation of specific projects under the Public Private Partnership model. over the previous year. The statewise analysis of ratio of disbursements to the approved phasing of sanctions revealed that Mizoram topped with 120 per cent. aggregated ` 6.98 crore. however.328. During the year.77 per cent over the previous year. as on 31 March 2010.21. The borrowings of PACS. respectively.57 per cent during 2008-09. followed by Uttarakhand and Goa (100%).999. The cumulative amount of loan sanctioned and disbursed to States in the North-Eastern region. Downloaded by in-spjainmr from 115. Meghalaya (90%). Tamil Nadu (89%).45 per cent and 27. Unauthorized Distribution Prohibited. as at the end of March 2011.04 crore.net 55. constituting 47. ISI Emerging Markets. under Co-operative SCARDB.64 crore. and UP . Both deposits and loans issued of PACS (as on 31 March 2010) showed increase of 34. 61.779 projects Haryana and Maharashtra (88%). 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.44. The DCCB. Loans issued by SCB 62. During 2010-11.314. earned net margin of 1.www. During 2010-11.40 crore. disbursements were made to the tune of ` 12.060. The borrowings of State Co-operative Agriculture and Rural Development Banks (SCARDB) as on 31 March 2010.47 per cent.115. over the previous year.115.sansco.176.162 and cumulative amount sanctioned to ` 1. SCB as a group earned a positive net margin of 1. Jammu & Kashmir (86%). financial assistance of `6. including Sikkim.05 crore disbursed.88 crore was sanctioned under RIDF XVI. involving loan amount of ` 18.02 per cent during 2009-10 as compared to the net margin of 0.31 per cent of total membership. taking the cumulative number of projects to 4. out of 19 Central Co-operative Bank (DCCB). respectively. PCARDB in only 4 States had positive net margin. 57. registered only a by 2 per cent.78 crore. 13 had positive net margins and the remaining 6 had negative net margins.com www.18 crore. while their loans outstanding increased by 4 per cent and 1 per cent.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. during the corresponding period. The financial position of the SCB and District as a group.107 on 2013-09-02 17:18:09 EDT. the borrowings of SCB and DCCB increased by 12 per cent and 3 per cent. .24 crore and ` 3. respectively. respectively. Development Fund (CDF). viii ISIEmergingMarketsPDF in-spjainmr from 115. The total membership of Primary Agricultural 60. 59. decreased by 17 per cent and that of DCCB increased by 26 per cent. Loans outstanding of SCB and DCCB increased by 2 per cent and 24 per cent.888. indicate that while their deposits increased by 15 per cent each.176.293. Capacity Building of Client Institutions Institutional Development 58.107 at 2013-09-02 17:18:09 EDT. a total of 41.
1949(AACS). performance of RRB was estimated at 80. twenty DCCB improved their financial position and recomplied with the provisions of Section 11(1) of B.03 per cent.176.88 crore as on 31 March 2010. ISI Emerging Markets. the GoI issued the RRB Service Regulations 2010. no SCB was included in the Second Schedule to the RBI Act.. During 2010-11. During the year.57 crore. 1934.107 on 2013-09-02 17:18:09 EDT. North-Eastern and Southern region incurred losses.www. 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. one RRB each in the Central. 66.e. The balance in the Fund as on 31 March 2011 stood at ` 125 crore.R. deposits and investments increased by 20 per cent each. Western and Northern regions were in profit. Unauthorized Distribution Prohibited. RBI issued licences. with a network of 15.17 crore and ` 87. Pursuant to the recommendations of Committee on Financial Sector Assessment. as on 31 March 2011.938 branches. based on revised norms. which were communicated to the banks concerned. DownloadPDF.sansco. while loans & advances (outstanding) increased by 22 per cent. Downloaded by in-spjainmr from 115. Based on the recommendations of Amaresh Kumar Committee. The inspections brought out supervisory concerns relating to these institutions. While all RRB in the Eastern. State Governments (in respect 64. 69. thus. Total number of business accounts with RRB stood at 11. 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). Supervision of Banks 68. Registrar of Co-operative Societies.reportjunction.115. During the year 2010-11.115.net As on 31 March 2011. operating in the country. 68 banks (5 SCB 65. Act. cumulative sanctions and disbursements were ` 98. to 2 SCB and 49 DCCB during the year. were conducted. increase in volume of busines and credit flow of DCCB. ix ISIEmergingMarketsPDF in-spjainmr from 115. During the year. . 67. the aggregate reserves of RRB. As on 31 March 2011. revealed positive features like improved share capital position of PACS and DCCB. 63. increased coverage of Small and Marginal Farmers and improved recovery rates of SCB and DCCB.R. respectively. 70. Thus. stood at 82. i. in July 2010. Act. GoI also notified the RRB Appointment & Promotion Rules 2010. as on 30 June 2010. minimum capital requirement.176. increasing the number of licensed banks to 246 (24 SCB and 222 DCCB) as on 31 March 2011. as compared to 80.107 at 2013-09-02 17:18:09 EDT.470 crore. Post amalgamation. the number of scheduled SCB remained unchanged at 16.09 per cent as on 30 June 2009. the number of RRB of cooperative banks) and Sponsor Banks (in respect of RRB) for corrective action. statutory inspection of 302 banks (31 SCB. Applications for grant indicated that 79 out of 82 RRB had earned pre-tax profit to the extent of ` 3. 229 DCCB and 42 RRB) and voluntary inspections of 18 SCARDB and 3 Apex Societies. The impact studies conducted by different agencies on the implementation of GoI revival package for Short Term Co-operative Credit Structure in 10 States. The recovery of exemption in respect of 50 banks (1 SCB and 49 DCCB) were under the consideration of RBI/GoI.com www. 1949(AACS). reduction in NPA of PACS and DCCB.
respectively.com www. Organisation. .176. (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.115. The Audit Committee of the Board (ACB) as well as the Risk Management Committee of the Board (RMCB) met thrice during the year. 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. the number of Scheduled RRB stood at 75 as on 31 March 2011.net 71. (i) RRB were permitted to induct Nominee Director of NABARD on the Audit Committee of the Banks. Corporate Governance and Management 75. Inclusion of five more RRB in the Second Schedule to the RBI Act. 1934. Thirty-nine amalgamated RRB were included by calculation of Demand and Time Liabilities (DTL) for maintenance of CRR / SLR.176. with a view to networking resources. NABARD also actively supported National Laundering (AML) Policy for adoption. (v) detailed guidelines for inspection of DCCB. During the year. 13 th Reserve Bank of India conducted the Financial Inspection of NABARD (with reference to its financial position. with approval of the Board. 73.sansco. 1934. Unauthorized Distribution Prohibited. development in India. During the year.115. A total of 2. especially in strengthening the internal checks and control systems in the supervised banks. The Board of Directors met six times during the RBI. as on 31 March 2010) from 01 November 2010 to 13 December 2010.131 officers were imparted training through 103 programmes conducted during the year x ISIEmergingMarketsPDF in-spjainmr from 115. For a holistic and more effective approach towards supervision. The project seeks to address the present day challenges without conflict with the long-term role mandated to NABARD by GoI and 78. 77. NABARD started the ‘Project Reposition’ in information within the stipulated time. while the Executive Committee and the Board’s Projects Sanctioning Committee for Loans under RIDF. (ii) a Model KYC / AML Policy was circulated to all RRB for adoption with suitable modifications and (iii) 72. diagnostic and design phases under ‘Project Reposition’ were completed. March 2010. was recommended to RBI in 2010-11.www. RBI in the Second Schedule to the RBI Act.107 at 2013-09-02 17:18:09 EDT. issued to SCB and DCCB on (i) issuing engagement letters to Statutory Auditors. Downloaded by in-spjainmr from 115. Under RTI Act. 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. instructions / circulars were clarifications were issued to RRB on Disclosure in Financial Statement in Half Yearly Review. 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. During the year.reportjunction. 737 applications were provided requisite Ninety-four 76. (iii) fraud prevention measures and constituting Fraud Risk Management Group. With this. after they were found complying with Section 42(6)(a)(ii) of the Act. (iv) a Model Know Your Customer (KYC)/Anti-Money 74. DownloadPDF. ISI Emerging Markets. met thrice and seven times. specifying the areas to be covered.107 on 2013-09-02 17:18:09 EDT. year.
(d) Enterprise Data Warehouse (Phase IV). increased to ` 1. Further.115. 2011. 18 on-location programmes were conducted for 425 officers on various topics. The total staff strength of the Bank.176.107 at 2013-09-02 17:18:09 EDT. 145 officers from NABARD.. Inspection Reports were issued and compliance ensured. Lucknow. three from client institutions and 18 NGO participants were deputed for various Overseas programmes. Implementation Office. GoI awarded prizes to Andhra Pradesh RO. respectively. Two RO. RTC Mangalore and NBSC Lucknow. Based on the report of KPMG by and the BCG subsequent study undertaken (the repositioning consultant). Department The Regional of Official the Grievances Redressal Committee and the Appellate Committee were held during the year. Mangalore. 126 officers were appointed in Grade ‘A’ in the Rural Development Banking Service of the Bank. ISI Emerging Markets. During the year. as on 31 March 2011. .reportjunction. 18 per cent belonged to Scheduled Castes and 9 per cent to Scheduled Tribes. Two pre- Language.com www. Of these. A total of 396 staff was promoted during the year. Chhattisgarh were notified under Section 10(4) of Official Languages Act by the GoI. 22 Regional Offices and two Training Establishments. The paid up capital. Ministry of Home Affairs. Industrial relations in the Bank continued to be Three meetings each of visited harmonious during the year.176. registering an increase of 16. was ` 2. Karnataka and 80. with the share of GoI being 99 per cent and that of the RBI at one per cent. 83. These consist of the following: (a) Human Resources Management (Phase I). Unauthorized Distribution Prohibited. 109 Potential-linked Credit Plans and 69 Inspection Reports were prepared/ issued in Hindi. During the year 2010-11. the Inspection Department of the Bank carried out inspection of 16 HO Departments. London. The total financial resources of NABARD 85. as on 31 March 2011..747 crore. Maharashtra RO and RTC. as on 31 March 2011.87 per cent of the total resources of the bank.607. as on March 31.57 per cent. constituted 21. five Parliamentary Committees NABARD.e. 82. Other benefits extended to SC/ST employees included granting scholarship to 12 wards of the employees and Financial Performance & Management of Resources 84.net by the National Bank Staff College.58. 79. 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.188 crore. The amount of reserves and surplus increased by ` 1. over the previous year. i. (c) Business Processes (Phase III).115. The strength of ex-servicemen and physically handicapped employees stood at 80 and 94.000 crore against the authorised capital of ` 5. Downloaded by in-spjainmr from 115. promotional training programmes for 120 SC/ST staff were conducted at training centres. the Bank finalised its future IT architecture and IT road map to be implemented in phases. DownloadPDF.872 crore.107 on 2013-09-02 17:18:09 EDT. viz. as on 31 March 2011.sansco. (b) Centralised Loan Management & Accounts (Phase II). was 4. 81.www. providing compassionate appointment to dependents of ten deceased employees. During the year.000 crore. During the year. Total market borrowings of ` 34. xi ISIEmergingMarketsPDF in-spjainmr from 115. During the year.
sansco. amounted to ` 167 crore as on 31 March 2011. There was a decrease of ` 32 crore as compared to the position as on 31 March 2010. DownloadPDF. The capital to risk- long-term (LT) loans granted to State Governments for contributing to the share capital of co-operative credit institutions.272 crore and ` 1.reportjunction.115.107 on 2013-09-02 17:18:09 EDT.202 crore as against ` 7. in the previous year.64 per cent per annum during 2010-11.net 86. as compared to 24.965 crore for the year 2009-10.279 crore respectively as on 31 March 2011. The total income of NABARD during the year weighted assests ratio (CRAR) was 21.com www.115. Downloaded by in-spjainmr from 115.176. as compared to ` 2.176. The profit before tax and profit after xii ISIEmergingMarketsPDF in-spjainmr from 115.107 at 2013-09-02 17:18:09 EDT.76 per cent as on 31 March 2011. ISI Emerging Markets. The amount outstanding under the non-project tax were at ` 1. 87. .558 crore respectively.95 per cent as on 31 March 2010. Unauthorized Distribution Prohibited. amounted to ` 9.www. The average cost of borrowings (interest expenditure as a per cent of average borrowings) decreased from 6.83 per cent per annum during 2009-10 to 6.824 crore and ` 1.
largely driven by primary food articles as against 3.4 2. Japan iv.4 2. Advanced Economies United States Euro Area (-)0.2 per cent.3 10.sansco.9 per cent in 2011. at 9. World Trade Volume (goods & services) a.9 6. Asia is a major producer of cereals (47.6 25.0 per cent in 2010.5 10. Exports by Emerging and Developing Economies D. The Indian economy is also expected to regain the precrisis growth levels with the growth rate estimated at 8. World output b. DownloadPDF. Inflation. in 2011 (Table 1.2 6.107 at 2013-09-02 17:18:09 EDT.917 during 2010-11.2 The World Economic Outlook of the International Monetary Fund has projected growth in global output at 4.9 8. Other Emerging and Developing Economies C.4 2. Developing Asia ii.2 per cent in 2011. 1.176.4 (-)2.8 per cent in industry and 9.0 3. vegetables and milk increased by 2. The impressive growth performance has enabled the per capita income (at 2004-05 prices) to increase from ` 33. The consumer price inflation in the emerging and developing economies at 6. In the emerging and developing economies. has emerged as a major cause of concern.4 7.8 1.3 (-)0. . Malaysia.731 during 2009-10 to ` 35. 7.87 per cent.1 5. due to strong global demand and supply shocks. Consumer Prices a. Advanced Economies b.6 per cent and 8.115.4 per cent in 2011. Comparatively.6 percentage points relative to 2010. Economic growth in advanced economies was a modest 3 per cent in 2010 and is projected at 2.2). Other Emerging and Developing Economies i.6 (-)4.2 4.81 per cent for vegetables and milk.9 per cent and 26. Economic growth of China (10.107 on 2013-09-02 17:18:09 EDT.6 6. respectively (Table 1.reportjunction.2 6.5 8.2 5. April 2011 1 ISIEmergingMarketsPDF in-spjainmr from 115.4 per cent) rebounded in 2010 and it is estimated that the growth in China and India would be 9.8 1.6 1.8 35. inflation in the advanced economies was 1.3 (-)15. ISI Emerging Markets.6 per cent during 2009-10.5 (-)3.176.5** B. vegetables (75. This broad based growth is due to the growth of 6.6 8.9 2009 2010 2011* i.7 3.3 Commodity prices (both oil and non-oil) per cent for cereals.9 1. iii.3 9. which is the highest in the post-crisis period.1 (-)6.7 0.3 (-)7.6 per cent in agriculture. respectively in 2010.2 5.3 per cent.23 per cent and 15.5 14.5 per cent in 2010-11 as compared to 8. Commodity Prices a. i.3 per cent) and India (10.www.4 per cent during 2010-11. The commodity prices are projected to remain high in 2011 due to continued robust demand and slow supply response to the market conditions. Philippines.8 2.com www. India’s share on a two-year average basis was 10.0 per cent in 2009-10. Global Economy 1.net I Economic Environment The global economy witnessed a growth of 5.115.55%) and milk (35. Oil Prices b. 1.7 7.5 27. Thailand and Vietnam Source: World Economic Outlook. ASEAN . in 2009 as compared to 2008.0 2.4 per cent in 2011. Newly Industrialised Asian Economies c. Downloaded by in-spjainmr from 115.5 per cent in 2011. respectively. respectively.44 per cent and 0. the growth rate improved in 2010 as compared to 2009 and is expected to remain buoyant at 6. a decline of 0. China iii.3 per cent in services.8 1.2 per cent.8 13. Unauthorized Distribution Prohibited.6 per cent in 2010 and is projected at 2.4 6.29 (-)8.9 26.5 (-)36.1: Overview of Global Economy (Annual per cent change) Growth A.46%).2 per cent in 2010 was attributed mainly to higher food prices and is expected to rise to 6. GDP (Real) a.4 4. India iv.4 As per the Food and Agriculture Organisation data.3 10. Non-Fuel Prices * : ** : Projections increased by 27.83%).4 9. IMF. Imports by Emerging and Developing Economies b. the world production of cereals decreased by 1. Table 1.1).2 9.2 8. 9.1 Includes Indonesia.
2 per cent.11 38.48 24. 2008 and 2009 (Million Tonnes) Country/Group 2008 India Africa Americas Asia Europe Oceania World * Incudes Melons Cereals 2009 248.84 @ Share based on the average of 2008 & 2009 Source : FAOSTAT @ FAO Statistics Division.46 648.55 9.4 2523.4.8 per cent in 2008-09 (Table 1.28 1182.94 24.29 504.77 63.107 on 2013-09-02 17:18:09 EDT. 2 ISIEmergingMarketsPDF in-spjainmr from 115.6 per cent during 2010-11. Economic Scenario a.81 3. during 2010-11 (Table 1. during 2009-10.68 81.07 3.11 Milk % share in 2009 World@ 112. Consumption.46 % share in World@ 9.48 93.18 1198. respectively.7 Expenditure Consumption Expenditure (GFCE) (at 2004-05 prices).6 Sectoral analysis of growth rates revealed an increase in agricultural growth by 6.39 36.20 25.86 24. during 2010-11 as compared to the previous year.34 1.176.0 per cent for the period 2007-08 to 2010-11. DownloadPDF.46 19.51 696.23 6. Vegetables & Milk in the World.5 is estimated to grow at 2.reportjunction. .176.com www.2: Production of Cereals.20 per cent respectively.24 213.81 465.81 5.11 247.73 64.53 100 267.net Table 1.1 per cent.29 6.sansco.0 per cent and 10.55 0.61 % share in World@ 10.00 37.81 158. the average growth was 8.107 at 2013-09-02 17:18:09 EDT.65 171.14 15. Gross Domestic Product As per Revised Estimates.3). respectively.115.71 765. during 2010-11 as compared to 8.39 8. The high growth trajectory of the GDP has been facilitated due to a rebound in agriculture growth from 0.94 170.74 3. ISI Emerging Markets. 27.56 152. Downloaded by in-spjainmr from 115. Product (GDP) of the country has registered a growth of 8.0 per cent in 2009-10 and 6.115.5 per cent in 2010-11 as compared to 8. respectively. decrease in services and industrial growth by 0. 1.8 and 9. Industry and services registered a growth of 7.0 per cent envisaged in the Eleventh Five Year Plan.3 per cent. Savings and Investments The relative share of Private Final Consumption (PFCE) and Government Final 1.34 100 2008 109. The contributions of agriculture. 21 June 2011 Indian Economy A.www.80 and 0.43 987.9 per cent during 2007-08 to 2010-11 as against the Plan target of 4.4 per cent during 2009-10 to 6.83 30.56 744.1 2493.67 634.86 702.56 47. Against an average growth rate of 9. The agriculture sector b.9 and 57.83 36.69 215. industry and services to the GDP were 14.37 Vegetables* 2009 92.4). Unauthorized Distribution Prohibited.10 81.45 253.17 75.0 per cent. the Gross Domestic 1.44 1011.7 per cent.55 97.44 100 2008 91.43 35.
0) Figures in parentheses indicate percentage shares in GDP RE: Revised Estimates #: Includes mining & quarrying. respectively during 2009-10.176.6 per cent in 2009-10 while that of miscellaneous goods and services has been increasing.4 35.7 per cent. the investment rate for the corporate sector increased from 11.7) 4.0 (QE) 0.8 9.4: Sectoral Growth Rates of GDP (2004-05 prices) Sector Agriculture & Allied Industry# Services Total GDP at factor cost 2006-07 3.0) 2009-10 0.3: 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 2010-11.8 The Gross Domestic Savings (GDS).4(14. as a proportion of GDP.4) 9.7(17. While private sector savings has remained virtually stagnant at 31 per cent.0) 2010-11(RE) 6.5 (RE) 6.2(100. The Gross Capital Formation (GCF).5(54. .6 38.4) 7. as a proportion of GDP is estimated to have increased from 33.net Table 1.7 per cent during 2009-10 to 35. Monthly Economic Report (April 2011).60 and 4.reportjunction.8 (-)0. GoI 2.1(56.6 (RE) 6.7 13.5 3.7 (-)6.115.0 4.7(100.8) 10. 1.5 per cent with the contribution of public and private sectors at 9. ISI Emerging Markets. CMIE.com www. 2010-11.9 per cent. DownloadPDF.6 per cent during Table 1. Government of India increased by 8.8 7.3) 8.1(57. electricity.5 per cent in 2008-09 to 13.76 per cent respectively in 2010-11 over 2009-10. as per the Economic Survey. has been gradually declining since 2004-05 from 40.5(100.5(28.2) 12. 2010.3(57. manufacturing.2 8.1(15. Downloaded by in-spjainmr from 115. public sector savings increased from 0.7(28.1 per cent to 11. gas and water supply and construction Source: 1.2) 9.0 (-) 3.107 at 2013-09-02 17:18:09 EDT.8(100.0 per cent to 32. Economic Survey 2010-11 3 ISIEmergingMarketsPDF in-spjainmr from 115. is estimated at 36.0(100. The private expenditure on food items as a proportion to total private consumption. Ministry of Finance.8) 9.5 20.3 (-)5.176.0) 2007-08 4. Central Statistical Organisation.www.4(28.0) 2008-09 (-)0.sansco. May 2011.7) 10.06 - as estimated by Central Statistical Organisation.6 33.5 2009-10 8.6) 8.7 36.1) 10.8 21.1) 10.2 and 24.1 10.2(54.4 (QE) (-)7.9) 9.5 6.6 (-)9. Within the private sector.6(14.9 18.7) 8.0 3.0 20.7(16.5 6.115.0 32. GoI RE: Revised Estimates 2008-09 6. Unauthorized Distribution Prohibited.2 per cent in 2009-10 while that of the household sector declined from 13.2) 6.5 per cent during 2008-09 to 2.8(27.5 (-)7.2 34.8 37.0 (28.1 1.1 per cent during 2009-10.1 2010-11 8.107 on 2013-09-02 17:18:09 EDT.
sansco. Inflation in Consumer Price Index for Rural Labour (CPI-RL) and Consumer Price Index for Agricultural Labour (CPI-AL) has declined from 14.107 on 2013-09-02 17:18:09 EDT.8 mm of rainfall.2 per cent. a new initiative of compiling during 2008-09 to ` 85. Downloaded by in-spjainmr from 115. Rainfall Situation 1.12 Exports and imports are projected to grow by 22.4 per cent during 2010-11 as compared to 3. compared to 9. respectively (Chart 1.61 per cent. The share of food & allied product imports in the total imports of the country also increased from 2. The percentage share of agriculture and allied products in the total exports was 10.211 crore during 2009-10.5).www. during 2010-11. milk.14 per cent.115.7 per cent in 2009-10 (Table 1. Agricultural exports increased from ` 81. fruits.28 per cent. vegetables. respectively. in March 2011. with changes in weights and commodities. which was recorded at 17. spices and tea.1 per cent in 2008-09 to 1. Food inflation has been mainly due to increase in prices of rice.43 per cent and 12. WPI in the other major groups-manufactured goods and 3.reportjunction. castor oil and tea.5 and 13. d. ISI Emerging Markets. and with the base year as 2004-05 has been released.115.96 and 9. meat and fish. Unauthorized Distribution Prohibited.7 in 2008-09. meat and meat preparations.176. eggs. unmanufactured tobacco. condiments.1 during 2009-10 as Consumer Price Index (CPI) for rural and urban India has been undertaken.6 per cent during the fiscal year 2009-10.9 Inflation A revised Wholesale Price Index (WPI) series fuel & power has also risen by 5.11 The overall inflation rate as measured by changes in the WPI on a monthly basis was 9. which was 2. Increase in agricultural exports has been mainly due to higher exports of basmati rice. 1. .1 (a) & (b)).96 per cent each in April 2010 to 8. DownloadPDF.482.24 per cent.10 In order to give a clear picture of price behaviour of goods and services consumed by rural/ urban population.107 at 2013-09-02 17:18:09 EDT.176. registering a growth of 4.710 crore 1. The WPI also includes an addition of 241 items in the commodity basket and increase in the number of price quotations from 1.net c.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 115.13 The country as a whole received 912. B.com www.918 to 5. The rise has been due to high prices in primary articles. Trade 1. respectively. Agriculture & Rural Economy a.
5 recorded deficient rainfall during the South-West monsoon in 2010. Rayalseema and south interior Karnataka) receiving North-East Table 1. at 104.3 1374. .9 (10.115. December).3 (2.7) 85.2 mm.3) 28.18 per cent higher than the previous year's level of 79. The core regions (Tamil Nadu.4 (3.68 billion cubic meters was 69 per cent of the Full Reservoir Level of 151.6 2010 2 31 5 75.reportjunction.4 2009 8 23 13 52. Various Isssues.www. CMIE.77 billion cubic metres by the end of December 2010 which was 32.6).4 1363.7) – 2005-06 2006-07 2007-08 2008-09 2009-10 2010-11* * Provisional.9) 23. 25 sub-divisions recorded excess/normal rainfall and the remaining 11 sub-divisions recorded deficient rainfall during the North-East monsoon period (Table 1.3) 65.9 840.2 (9. ISI Emerging Markets. coastal Andhra Pradesh. B. rainfall received in all other divisions: Central.Divisions with Normal/Excess Rainfall Deficient/Scanty/No Rainfall C.com www.8 845.2) 58. Figures in parantheses indicate percentage share to total Source: Economic Survey.176.8 (2.5 (2.19 billion cubic metres.4 571.2 2009 (-)23 13 23 58. which was 21 per cent above the LPA as compared to 8 per cent more during the previous year.1) 50.5: Trends in Exports and Imports (`'000 crore) Year Total Exports 456.8 Food & Allied Products 16. Downloaded by in-spjainmr from 115. Scanty: -60% or less. Excess: +20% or more. April 2011 5 ISIEmergingMarketsPDF in-spjainmr from 115.115.4 840.1) – Total Imports 660.2 (2. Cumulative rainfall (% variation from normal) Number of Sub. Unauthorized Distribution Prohibited. where the rainfall was 18 per cent less than the LPA.9) 81. Apart from North-East India. Kerala. the cumulative rainfall received for the country as a whole was 153. Ministry of Commerce & Industry. Out of the 36 sub-divisions.8 Agriculture & Allied Products 46. 1.net Table 1.7 (10. Reservoir status (% of FRL$@) (-)2 32 4 73.15 Total live water storage.14 During the North-East monsoon (October- monsoon had excess rainfall to the extent of 55 per cent above the LPA.7 (9.2 (10.107 on 2013-09-02 17:18:09 EDT. North-West and Southern Peninsula was more than the LPA.107 at 2013-09-02 17:18:09 EDT.4 North-East Monsoon** 2008 (-)31 6 30 56. in 81 major reservoirs across the country.5) 24.7 1596.5 1012. In terms of spatial distribution. 1.176. No Rain: -100% *: $: Cumulative position between 1 June and 30 September.1 2010 21 25 11 69 Normal: +/-19%.sansco. Deficient: -20 to -59%. DownloadPDF. GoI less than the LPA in the corresponding period in 2009.6: Trends in Rainfall and Water Storage Particulars South-West Monsoon* 2008 A. 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.8 655.5 1118.
00 0. The crop acreage under various crops during kharif 2010 was 103.09 4.86 lakh tonnes during 2009-10.18 The Indian Seed Programme involving Central/ State Governments.18 15.84 5. ii. Besides.19 Production of urea.68 17.3 kg during the same period.79 Mha during 2010-11 as compared to 63.1 lakh quintals and 18.19 24. Unauthorized Distribution Prohibited. Increase in area sown under cotton.107 at 2013-09-02 17:18:09 EDT.87 per cent over the previous year.61 10. Crop Acreage 1.17 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.net b.www.00 63.0 Mha as compared to kharif 2009.44 10.16 Total crop acreage under both kharif and rabi during 2010-11 indicated an increase of 9. 41.40 6. respectively.176. castorseed.46 lakh quintals.54 10.107 on 2013-09-02 17:18:09 EDT. To meet the current level of fertiliser consumption.00 65.36 lakh quintals was 14.79 Total (a+b) 2009-10 37.20 97.40 million hectares (Mha) over the previous year. Government of India 6 ISIEmergingMarketsPDF in-spjainmr from 115.10 lakh quintals of certified/ quality seeds have been produced upto 2009-10.00 21. was 3.53 64.94 lakh quintals and 11.3 Mha). DAP and Muriate of c. respectively during 2009-10.7: Area Sown under Major Crops (Million hectares) Crop Kharif (a) 2009-10 Rice Wheat Coarse Cereals Pulses Total Foodgrains Oilseeds@ Cotton Sugarcane All crops 33.40 27.86 0. sunflower. Fertiliser consumption in nutrient terms increased by 6.09 lakh tonnes during 2008-09 to 264.115.86 Mha.20 160. Ministry of Agriculture.39 29. the production of breeder and foundation seeds is estimated at 1.53 0.84 5.29 2010-11 40.25 29. 0. Certified/quality seed distribution during 2010-11 at 321. i. 1.27 Rabi (b) 2010-11 4.33 per cent from 249.69 @: Includes rapeseed & mustard. . respectively. The scheme has covered 1.64 9. Breeder seed production and foundation seed production reached 0.90 2009-10 4.176. Downloaded by in-spjainmr from 115.83 118.09 4.36 6.21 12.8 per cent higher than the previous year.sansco.90 Mha which was 6.00 20.32 125. nigerseed. Area sown under foodgrains during kharif 2010 was higher by 5.63 0.96 and 18.86 and 17.39 28.06 103.5 lakh quintals. DownloadPDF.98. the scheme for Table 1. The per hectare consumption of fertilisers also increased from 127.27 per cent growth over the previous year.40 27.31 lakh seed villages and 183. respectively during 2009-10 as compared to the previous year.reportjunction. The major increase in area sown was under rice (2.com www. Inputs Use in Agriculture Seeds 1. oilseeds and sugarcane increased marginally by 0.10 and 0.115. Chemical Fertilizers 1. sesamum and linseed Source: Department of Agriculture & Cooperation.38 per cent.07 10. During 2010-11.00 0.75. groundnut.72 55. Di-Ammonium Phosphate (DAP) and complex fertilisers increased by 5. State Agricultural Universities. safflower.58 14.88 Mha more than the area covered during the corresponding period of kharif 2009. ISI Emerging Markets.61 10.32 27. Indian Council of Agricultural Research.30 53. Co-operatives and private sector has been addressing the issue of low seed replacement rate. registering 26.68 17. in kharif 2010 as compared to the period of kharif 2009.72 10.02 2010-11 35.06 169.60 69. urea.39 28.07 0.27 Mha in the corresponding period of 2009-10 (Table 1.36 27.7).2 kg to 135.92 28. Area sown under all rabi crops was 65. soyabean.
281 projects have been covered and 120 completed under the AIBP scheme. sharing 74 per cent.83 27. 1. ` 70.779 15.800 384.176. also see Box 1. As on 31 March 2010.sansco. increased to 34.779 crore as on 31 March 2011. achieving 119.86 lakh tonnes. 400 48. Credit 1.14 per cent of the target.com www. 2010.115. Unauthorized Distribution Prohibited.41 24.09.115.2 million hectares by March 2010.40 20. 16 per cent and 10 per cent of the total credit flow during 2010-11 (Table 1.176. Commercial banks.97 Growth Rate (%) 2009-10* 38.89 and 52.53 per cent during 2009-10. Irrigation 1. Additional subsidy on micro-nutrients like boron and zinc has also been introduced.2). 1.56 per cent.706 446.net Potash (MOP) were imported to the extent of 52.60 per cent of total fertilizer consumption in 2000-01.32.10 million hectares in 1991-92 to 108. respectively. The growth rate for crop loans and term loans was 26.765 228. An analysis of the term loans during 2009-10 for the broad sub sectors indicated that Minor Table 1. Import of fertilizers. Further.105 43.8. Co-operative banks and Regional Rural Banks iii.36 2010-11* 10.107 at 2013-09-02 17:18:09 EDT.217 285.729.658 45.000 crore of credit flow to agriculture for 2010-11. ISI Emerging Markets.951 301.480 20. which accounted for 10.1 and 1.968 crore.27 lakh hectares under micro irrigation.107 on 2013-09-02 17:18:09 EDT. crore has been released under the scheme as on March 31. the banking system disbursed ` 4.312 18. The price of urea has been increased by 10 per cent while the price of other subsidized fertilisers is being maintained at current level.966 26.706 crore. leaving a gap of 15 per cent.66 20. the cumulative Central Loan Assistance/grant of an amount of ` 41.01 18.968 332. 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.75.85 16. iv.reportjunction.258 25.46. . 1. Downloaded by in-spjainmr from 115.49 per cent and 7.22 For extending assistance for incomplete disbursed ` 3.41 16.497 35. DownloadPDF.23 As against the target of ` 3. The scheme has covered 2.1088 254. Source: NABARD ** Includes ` 226 crore by other Agencies. 58.908** 63.37 (CAGR) of 19. With a view to enhance the water use efficiency. respectively.19 #: Compound Annual Growth Rate.485 229.57 per cent. 2010. during 2009-10.www.20 A nutrient based subsidy for phosphatic and potassic fertilisers to promote balanced use of fertlisers has been under implementation since April 1.514 70.24 During the period 2005-10.105 crore and ` 43. respectively for the five year period (200506 to 2009-10). *: Percentage change over previous year.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 42.14 31. the Government of India initiated the Accelerated Irrigation Benefit Programme (AIBP) during the year 1996-97.21 Total irrigation potential created under all types of irrigation structures has increased from 81.435 166. the Ground Level Credit (GLC) flow for agriculture and allied activities registered a Compound Annual Growth Rate irrigation schemes. Utilisation was to the extent of 85 per cent.58 24. 7 ISIEmergingMarketsPDF in-spjainmr from 115.
sansco. Executive Director.K.000 habitations having a population of more than 2. 2012. 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. former Chairman. Farm credit target has been raised from ` 3. ` 10.000 crore to ` 5.000 to be completed by 2011-12. 'Women's SHG's Development Fund' to be created with a corpus of ` 500 crore to promote SHG. Prakash Bakshi.115. their contribution in credit outreach and recommend future course of actions. Financial Inclusion/ Micro Finance • • • • B.000 crore to ` 18.1 Union Budget 2011-12: Highlights on Agriculture and Rural Development A.176.75. Thorat. • • • • • Box 1. Chairman.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. C. Bihar. NABARD for the formulation of the Twelfth Five Year Plan.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.www.115. The ‘Sub-group on Flow of Private Investment for SME and Agriculture’ has been constituted under Shri. (iii) To study the performance. oral lessees and landless labourers and assess the short-term and long-term credit requirements of agricultural credit during XIIth plan. The specific Terms of Reference (ToR) are : (i) To review the flow of credit to agriculture and allied sectors during the XIth Plan. To address the issue of storage of vegetables and fruits.000 villages under millets respectively.107 at 2013-09-02 17:18:09 EDT. Deputy Govenor. and the likely flows for SME and agriculture. Orissa and Eastern Uttar Pradesh) has been proposed. New storage capacity of 150 lakh MT through private entrepreneurs and warehousing corporations has been augmented. including infrastructure. S. Jharkhand.000 crore. (iv) To study the issues concerning micro-financing institutions such as their costs and rates of lending. 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.000 crore in 2010-11 to ` 4. Downloaded by in-spjainmr from 115. 15 more Mega parks to be set up during 2011-12.reportjunction. Cooperatives and Risk Management for Twelfth Five Year Plan has been constituted under the Chairmanship of Dr. ` 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 31.000 pulse villages in rainfed areas. 8 ISIEmergingMarketsPDF in-spjainmr from 115.000 crore in 2011-12. . NABARD’s capital base to be increased from ` 2.75.net Box 1. women farmers. The Working Group on Outreach of Institutional Finance. Mitra.107 on 2013-09-02 17:18:09 EDT. To increase the productivity of pulses. Chhattisgarh. S. B.000 crore. (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. Banking facilities to all the identified 73.2 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. NABARD as Convenor. Subir Gokarn. The Working Group constituted six sub-groups to deal with various sectors of the economy.000 hectares under oil palm plantation and covering 25. RBI was constituted to estimate the savings in line with the broad macro economic parameters set for the Twelfth Five Year Plan. Direct lending for agriculture and credit to be enhanced for small and marginal farmers. Provision under Rural Housing Fund enhanced to ` 3. oil palm and millets. Dr. bringing 60. ISI Emerging Markets. P. Unauthorized Distribution Prohibited. 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. NABARD is providing the Secretariat for both the Groups. The broad TOR of the Sub-Group is to estimate resources available for private investment. is the Member Secretary for the Working Group. tenant farmers. Agricultural Production and Productivity • Allocation of ` 400 crore for realising Green Revolution in the Eastern Region (Assam. ` 300 crore each has been earmarked to promote 60. A. Y. The Working Group on Savings under the Chairmanship of Dr. Agricultural Credit • D. DownloadPDF. efficiency and adequacy of risk management policies. 'India Microfinance Equity Fund' with a corpus of ` 100 crore to be created with SIDBI for providing equity to smaller MFIs.000 crore in a phased manner.176. Other Initiatives • ` 3. • • The Corpus of RIDF XVII raised from ` 16. NABARD.com www.
498 33.945 8. Hi-tech agriculture viii.9: Sub-sector-wise Ground Level Credit Flow for Agriculture & Allied Activities (` crore) Sl No.260 1.84. by oilseeds (21. lakh 2010-February.85%).43 27. sugarcane (16.11). Minor Irrigation ii. 1. Crop Loan (ST-Production Credit) Term Loan (MT & LT Investment Credit) i.854 50.455 90. 0. the country's foodgrain production during 2010-11 was estimated at 235.398 1.91 lakh tonnes achieved in 2009-10.285 10.887 8.68 (-)15.04 per cent followed (19. the maximum increase being for cotton at 40. Production of Jute & mesta was expected to be lower by 11.211 6. the export of tea from India during 2010-11 was 1.566 2.248 33.669 10.107 at 2013-09-02 17:18:09 EDT.461 91.www.52 5.325 10. i. During the year.26 per cent during 2010-11 as compared to the previous year (Table 1.11 million tonnes (final estimate) during 2009-10.463 3.99 lakh tonnes.10).net Irrigation witnessed the highest annual growth of 63.94%).05.25 According to the 3 rd Advance Estimates.72 (-)0. Foodgrains & Non-foodgrains 1.7 11.266 8.176.. Unauthorized Distribution Prohibited.749 9. Plantation & Horticulture v.628 3.176.748 2.com www. India continued to record the highest productivity in the world with an average yield of 1.38 (April. ii.52 per cent) in GLC flow over 2008-09 (Table 1.54. rice 1.350 75.694 17.89 8.393 73.63%) and wheat (4. Source: NABARD 9 ISIEmergingMarketsPDF in-spjainmr from 115.265 2.180 2.29.57 2009-10* 31.447 3.840 2.58%).197 3.451 1.73 per cent).33 44.99 lakh tonnes of Arabica and 2 lakh tonnes of Robusta.14 per cent over the previous year.09 per cent) and Farm Mechanisation (22.29%).9).08 lakh tonnes during against 2010-11 9.11). coarse cereals pulses (17.737 32. Plantation Crops 1. Table 1.56 (-)18.10.514 Sector/Sub-Sector 2005-06 2006-07 2007-08 2008-09 2009-10 Growth rate (%) 2005-10^ 26.38.113 5.136 8.658 2.99 lakh hectares confined mainly to Southern India.reportjunction.22 lakh tonnes during 2010-11 was 65 per cent higher than that exported during 2009-10 (Table 1.908 2. d.78 lakh tonnes as against 2. Farm Mechanisation iv.281 41.858 5.83 10. production of all crops except jute & mesta was estimated to be higher.45 17. Agricultural Production i.26 Tea production in the country during 2010-11 has been estimated at 9.019 9. tonnes during 2011) as 2009-10.09 22.23 18.107 on 2013-09-02 17:18:09 EDT.656 107.553 8.73 21.76. I.13 lakh tonnes in 2009-10.53 48.99 (-)1. The production of Rubber (natural & synthetic) was 9.49 7.407 10.867 kg/ha.052 2. *: Percentage change over the previous year.400 1.41 27.91 63. RIDF.4 19.486 1. bullock and bullock carts. followed by Fisheries (44.910 9.481 7.50%). DownloadPDF.28 Despite not having regions geographically best suited to growing natural rubber.88 million tonnes as compared to 218. Others$ Total (I + II) 1.9 9.663 1.01. Land Development iii. (Table 1.sansco.36 $ : Others include storage/market yards. Export of Coffee at 3. (5.045 1. Fisheries vii. Further.27 Coffee is cultivated in an area of around 3.81.034 1.115. bio-gas and credit flow through private sector commercial banks. registering an increase of 8. ^: Compound Annual Growth Rate.66 lakh tonnes as against 9.341 1. .e. II. Downloaded by in-spjainmr from 115.334 6.424 21. Animal Husbandry vi.80. Land Development (27.045 10.695 4.797 19. The estimated coffee production for the year 2010-11 is 2. forestry/waste land development.43 per cent.115. ISI Emerging Markets.303 5.
Area and production under horticulture crops increased from 20. strategies. Economic Survey 2010-11. Ministry of Agriculture.176.76 230.21 17.7 million tonnes.43 crore had been incurred upto 2009-10.5 per cent of GDP and 28.30 11.66 218.29 Development of horticulture is recognised as an avenue for diversification in agriculture to address nutritional security.16 24. As per the 10 ISIEmergingMarketsPDF in-spjainmr from 115. fruits and vegetables form the single largest sub-sector constituting about 92.. Under the mission.63 355. followed by forestry and logging at 1. DownloadPDF. ## Million bales of 180 kgs each. i. Source: Agricultural Statistical Division.107 at 2013-09-02 17:18:09 EDT.95 114.282 tonnes (Table 1. Unauthorized Distribution Prohibited.57 40.57 234. respectively during 2008-09 to 20.80 33.57 lakh ha.02 10. and fishing at 0.32 Floriculture in Poly House During 2009-10.115. e. The estimated export of natural rubber during the corresponding period was 29 .www.27 285.55 14. ISI Emerging Markets.71.18 11.71 24. enhance employment opportunities and provide export earnings. during 2009-10 (Table 1. 1.27 40.88 24.57 106.27 2007-08 96.28 110.4 per cent of GDP from agriculture and allied activities.22 292.1 million tonnes. 1.12).92 14.125.3 per cent of the total horticultural production in the country.30 The National Horticulture Mission (NHM). Among the various horticulture crops. in operation in 372 districts of the country.21 2008-09 99. the livestock sector contributed to 3.35 75.115.20 217. Downloaded by in-spjainmr from 115.11).48 30.9 million hectares and 223.52 11.76 14.71 22.39 117.68 40.28 22.8 per cent.88 348.92 340.11 103.09 80.29 235. # Million bales of 170 kgs each.3 per cent.88 118.95 109. Horticulture Crops 1.48 *3 Advance Estimates.78 120.75 25.25 33.com www.69 78.10: 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.reportjunction. Livestock and Poultry 1.36 2009-10 89.03 14.83 29. aims to promote holistic development of the horticulture sector through area based and regionally differentiated iii.47 118.6 per cent of GDP in 2009-10 with agriculture accounting for 12. an area of 16.107 on 2013-09-02 17:18:09 EDT.7 million hectares and 214. Government of India. respectively.54 10.31 Agriculture and Allied Sector Agriculture and allied activities contributed to 14.81 33. .81 2010-11* 94.176.851 tonnes against an import of 1. has been brought under horticulture crops and an expenditure of ` 4.sansco.5 per cent.14 116.33 27.11 84.18 80.net Table 1.
115.61 9.91 9. DownloadPDF.85 1. Agro-processing helps in better utilization and value addition of agricultural produce.85 million tonnes (2. Consumption and Exports of Major Plantation Crops (lakh tonnes) Year Prodn. the fisheries sector contributed to 0. 7.11: Production. 2006-07 2007-08 2008-09 2009-10 2010-11* NA: Not Available Tea Cons.4 per cent of GDP from agriculture and allied activities.reportjunction. The per capita availability of eggs has been around 51 per annum. During 2009-10.22 Prodn.5 per cent and reached 7. Fish production is projected to reach 10 million tonnes by the end of 11th Five Year Plan from the base level of 6. GoI. 9.62 2.8 billion during 2008-09.49 2. Downloaded by in-spjainmr from 115.85 0.13 1.29 9.90 2.73 9. respectively. specifically on employment and income generation.73 9. the total fish production in the country increased by 10.18 1.255 crore during 2009-10.43 $ Exports 0.www.94 1.78 12. reported to have provided livelihood to over 14 million persons in 2008-09. the livestock and poultry population in the country were 529.02 lakh tonnes with a value of ` 8.7 million and 648.87 million tonnes during 2006-07.8 per cent of GDP and 6.78 Prodn.31 9.34 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.47 0.95 3. Tea Board and Rubber Board 18th Livestock Census 2007.97 1.88 2.64 12.5 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 production of poultry meat was estimated to be 1.107 at 2013-09-02 17:18:09 EDT. The export of processed ii.08 $ Rubber Cons.57 0.70 NA *: Estimated Coffee Exports 2.62 2. 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. The production of milk was 112.66 $: April 2010. 0. f.60 0.25 0. ISI Emerging Markets.921 crore during 2009-10 as compared to 6.com www.87 9. Export of marine products was 6. During the period between 2007-08 and 2009-10.90 0.52 9.107 on 2013-09-02 17:18:09 EDT. .38 9.608 crore in the previous year.8 million.64 lakh tonnes valued at ` 9.58 11.19 1. Fisheries 1. Agro and Food Processing Sector 1. Paddy cum fish Cultivation 11 ISIEmergingMarketsPDF in-spjainmr from 115. 2.08 Exports 2.90 2.176. Coffee Board.85 million tonnes and egg production at 59.02 7. Unauthorized Distribution Prohibited.115.99 Cons.87 million tonnes of inland fish).71 7.176. 10.91 11.33 Fishing.net Table 1.86 8.sansco.February 2011 Source: Ministry of Commerce and Industry. aquaculture and allied activities are foods including processed fruits and juices increased from ` 3.176 crore during 2008-09 to ` 3.02 1.98 million tonnes of marine fish and 4.
7 20.865. Capital Formation 1.9 1.3 114.4 59.5 111.377 crore (at 2004-05 prices) in 2009-10.62%) were issued Table 1.377 7.2 20. respectively during 2009-10 as compared to ` 7.66 to 3.115.3 7.942 crore in 2010-11 recording a growth of 53.net Table 1. Of the cumulative 100.66 2. j.www. 45. resepectively. But the GCF in agriculture and allied activities as a proportion of total GDP varied between 2. 7. The GCF in agriculture and allied activities as a proportion to GDP in the sector increased from 14.034 1.6 65.93 million credit cards issued. 1.3).3 5.710 1.9 7.65 16. During 2010-11.28. under Agricultural for commodities trade valued and at ` 8.05.25 crore and ` 241.reportjunction.8 6. Kisan Credit Card Scheme 1.4 20. during 2008-09.09 2. ISI Emerging Markets.58 crore and ` 306.6 0.1 0.982 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.370 crore as against 9.36 Agriculture commodity futures market includes 21 commodity exchanges in the country.8 7.6 5.659 1.com www.7 0.614.38 Kisan Credit Card (KCC) scheme introduced in 1998-99 has eased the flow of credit to farmers (Box 1. vegetables and other perishables in States that have amended their APMC Acts.611 90.97 Total GDP h.2 55.107 on 2013-09-02 17:18:09 EDT.7 Ratio of GCF in Agriculture to (%) Total GCF GDP in Agriculture & Allied Activities 14.35 Seventeen amended their APMC Acts for agricultural market reforms.18 per cent in 2010-11. Downloaded by in-spjainmr from 115.8 211.1 0.8 0.57 per cent in 2005-06 to 20.64.9 128.54 2.30 2.9 Fruits Production Vegetables Flowers Total Horticulture 182.9 0.sansco.4 71.2 7. The value of total trade in commodity futures market increased from ` 77. Unauthorized Distribution Prohibited.3 6.03 19.13).107 at 2013-09-02 17:18:09 EDT.13: Gross Capital Formation in Agriculture (at 2004-05 prices) (` crore) Year GCF in Agriculture & Allied Activities 2005-06 2006-07 2007-08 86.611 crore in 2005-06 to 2008-09 2009-10(QE) QE: Quick Estimates Source: Economic Survey 2010-11 12 ISIEmergingMarketsPDF in-spjainmr from 115. Agricultural Marketing States/Union Territories have ` 1.754 crore in 2009-10 to ` 119.1 133.67 20.7 19.5 8.3 7.89 per cent during the period.6 6.03 million cards (44.08 crore.37 Gross Capital Formation (GCF) in agriculture and allied sectors increased from ` 86. i.6 68.68 per cent in 2009-10 to 12.12: Area and Production of Major Horticulture Crops (Area in million hectares and Production in million tonnes) Year Fruits Vegetables Area Flowers Total Horticulture 18. Initiatives have been undertaken by GoI for setting up terminal market complexes for fruits.57 14. The value of agricultural commodities as a proportion to total trade in commodity futures market decreased from 15.2 184.108.40.206 per cent in 2009-10.4 129. DownloadPDF.115.5 7.176.0 Source: National Horticulture Board g.1 2005-06 2006-07 2007-08 2008-09 2009-10 5.8 220.127.116.11 0. . as at endMarch 2011.09 per cent during the same period (Table 1.26 million KCC were issued by banks with sanctioned credit limit of ` 43.65 crore were certified ‘Agmark’ domestic exports.7 223.1 6.2 0. Commodity Futures 1.8 0.01 milion cards and credit limits of ` 34.69 3.
followed by Andhra Pradesh (16.40 The Agricultural Debt Waiver and Debt Relief (ADWDR) Scheme.289 crore. 2008 2007 to provide insurance to farmers against adverse weather conditions affecting crop production.67* Total 8.e.023 farmers were covered under the scheme..81 4. Goa. especially small and marginal farmers.reportjunction. Out of ` 29. i.19 crore has been released as premium for farmers.sansco. 27. NABARD implemented the Scheme as the nodal agency for co-operative banks and RRBs. Unauthorized Distribution Prohibited.14: Agency-wise. Between kharif 2007 and kharif 2010. indebtedness of farmers and difficulties of the farming community.31 2.com www.810 crore and ` 6. is open to all farmers irrespective of their size of holding and is being implemented by 25 States and 2 Union 45. was increased 13 ISIEmergingMarketsPDF in-spjainmr from 115.78 15.59 9.42 The pilot Weather Based Crop Insurance Scheme (WBCIS) is under implementation since kharif k. Kerala.39 State-wise analysis of KCC issued as at endMarch 2011.26 crore against the claims of ` 29. Agricultural Insurance 1.net Table 1. respectively.5 per cent were the major beneficiaries. the total claims was to the extent of ` 20.59 lakh farmer borrowers of co-operative banks and RRBs are estimated to have benefited under the Scheme.9 per cent). Karnataka.213 crore paid as permium by farmers.70 million cards (40.09 1.41 1. 1.20 million cards (15.93 * Data for commercial banks available up to 30 June 2010 # Since inception of the Scheme.03 100. Agricultural Debt Waiver and Debt Relief Scheme. DownloadPDF. About 192.20 4. A Modified National Agricultural Insurance Scheme (MNAIS) has been notified in 34 districts covering 22 States during rabi 2010-11.14). constituting 83.61 5. During the period from rabi 1999-2000 to kharif 2010. This scheme. 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. l.www. followed by 40. based on 'Area Approach'.51 8.972 crore. August 1998 Source: NABARD by commercial banks.176.74 2. Procurement and Stock of Foodgrains 1.41 1.81 40..437 crore as against an amount of ` 6.071 m.9 percent of the total cards issued. Minimum Support Prices. Tamil Nadu (6. The Coconut Palm Insurance Scheme (CPIS) was launched on a pilot basis in selected areas of eight States. Territories.29 2.102 crore. . Odisha.41 With a view to providing indemnity to farmers in the event of crop failure due to natural calamities. pests and diseases.107 at 2013-09-02 17:18:09 EDT. The share of SCB.5 per cent).176. ISI Emerging Markets.83 5. As on 30 July 2010.47 8. ` 3.34 1. SCARDB and RRB stood at ` 18.115.33%) by co-operative banks and 15.05%) by Regional Rural Banks (Table 1.115.e. Tamil Nadu and West Bengal during 2009-10. the National Agricultural Insurance Scheme (NAIS) has been in operation since rabi 19992000.240 crore received under the Agriculture Debt Waiver and Debt Relief Scheme 2008. i.70 Regional Commercial Rural Banks Banks 1.43 Minimum Support Price (MSP) for the major kharif and rabi crops. except cotton.01 7.107 on 2013-09-02 17:18:09 EDT. Maharashtra. Andhra Pradesh. Downloaded by in-spjainmr from 115. 1. revealed that Uttar Pradesh accounted for 17. 81 lakh farmers have 1. the cumulative disbursements by NABARD was ` 29. Maharashtra (9 per cent). Karnataka and Madhya Pradesh (6 per cent each).95 1.77 1. 2008 for farmers was announced in the Union Budget 2008-09 to address the been covered under the pilot scheme and ` 639.
• The KCC limit be fixed for five years. Downloaded by in-spjainmr from 115. based on the bankers assessment of total credit needs of the farmer for a full year. NBFC to be more closely monitored and their loans not to be automatically considered as 'priority sector' loans. who had taken loans from private moneylenders. 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. The policy recommendations of the Task Force are delineated below: A. Cards issued to women farmers be reported separately. Stamp duty on agricultural loan agreements to be exempted. 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. Interest subvention be made available when loans are rescheduled.107 on 2013-09-02 17:18:09 EDT. the then Chairman of NABARD 'to look into the issue of a large number of farmers.107 at 2013-09-02 17:18:09 EDT. ISI Emerging Markets. Any other closely held entity whose lending rates are not subject to other laws. processing and marketing and banks be encouraged to lend to these and other agro processing cooperatives. Other cooperatives of marginalised farmers.3 Task Force "to look into the issue of a large number of farmers. storage.sansco. DownloadPDF. Budgetary support for developing weather insurance products to be provided. 2008 • Banks and co-operative credit institutions may encourage farmers. Unauthorized Distribution Prohibited. using satellite imagery and ground truths.176.115. sharecroppers and amend related laws appropriately. to access fresh farm loans. Legislation regulating loans from private moneylenders • Severe deterrent/punishment for non-registration and for other violations of the law. • • • • • • User owned and not-for profit MFIs may be provided access to finance from banks. Relief measures for farmers not covered by Agricultural Debt Waiver and Debt Relief (ADWDR) Scheme. points of sale. 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. to be covered by the money lending law.reportjunction. 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. . with limits linked to the value of their unpaid labour on their own farms or on farms of relatives. who had taken loans from private moneylenders. a quasi-judicial authority for quick • Widening of definition of 'moneylender' to include all forms of for-profit closely held financial organisations lending money. C. Kisan Credit Card (KCC): • KCC be technology enabled.net BOX 1.www. Financial literacy and counselling campaigns to be undertaken to increase awareness among farmers on KCC. especially for the supply of inputs. be allowed to be Automatic renewal of and annual increase on credit limit to be linked to inflation rate . • • • • • D.or for stages of cultivation. Insurance schemes be redesigned. JLG to be formed on a 'mission mode' so as to enable the farmers to access collateral free loans from the banking system. oral lessees. Banks need to have core banking solutions in place at the earliest. 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. • • Creation of redressal. who had defaulted on loans taken prior to 1 April 1997.com www. • • • • • 14 ISIEmergingMarketsPDF in-spjainmr from 115. with the panchayat as the unit for arriving at crop loss. with no sub limits for kharif and rabi. Each withdrawal under KCC liquidated in twelve months. not covered under the loan waiver scheme'. All India Debt and Investment Survey (AIDIS) and Situation Assessment Survey (SAS) be interspersed and undertaken every 5 years. and that the limit be operated by the borrower as and when needed. Farm Credit Rating Institution on lines of CIBIL to be set-up. B. to enable technology to benefit the farmers.176.115. Confidentiality of transactions for registered moneylenders. and through hand held machines. State governments to recognise the existence of tenant farmers. Government of India in June 2010. including the conversion to a smart card with withdrawals and remittances enabled at ATMs.
Fair & Remunerative Price (FRP) since 2009-10 ** At 9. was for arhar (30. DownloadPDF. GoI during 2010-11 over the previous year (Table 1.84 1000 880 880 880 3000 * 3170 * 2300 1400 2500 # 139.3-5.52%).107 at 2013-09-02 17:18:09 EDT.176.1 million tonnes against the buffer norms including the strategic reserve of 25.115.5 per cent recovery. respectively. subject to a premium of ` 1.18 950 $ 840 840 840 2300 2760 2100 1350 2500 # 129. Downloaded by in-spjainmr from 115.44 The procurement of rice and wheat as on March 1.net Table 1. Maximum increase in the MSP during 2010-11.30 per cent as compared to the corresponding date last year.15).com www.5-25. The stock of foodgrains (rice and wheat) held by the Food Corporation of India (FCI) and State Agencies as on January 1.15: 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 80.1 @ Statutory Minimum Price (SMP) upto 2008-09.107 on 2013-09-02 17:18:09 EDT. Unauthorized Distribution Prohibited.25 645 ^^ 600 600 620 1550 $$ 1700 $$ 1550 910 1800 81. ISI Emerging Markets. 1. groundnut in shell marketing season for wheat) at 22.32%).46 for every 0.26%). bajra and maize were raised by ` 40 per quintal.3 per cent and (-) 11.51 million tonnes.sansco.5 per cent Source: Directorate of Economics & Statistics. MSP for jowar.115. 2011 (kharif marketing season for rice and rabi 15 ISIEmergingMarketsPDF in-spjainmr from 115.176.www. The off-take of foodgrains (rice and (9.0 million tonnes. 2011 was 47.31%). sugarcane (7.43%) followed by lentil (20. moong (14.5 & micronaire value of 4.7 million tonnes and 22.18 850 $ 840 840 840 2000 2520 2100 1350 2500 # 81.reportjunction.14%) and common paddy (5. gram (19. .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 24.1 per cent increase in the recovery above 9.85%). represents a decline of (-) 1.
.80.107 at 2013-09-02 17:18:09 EDT.69 per cent higher than that at 23. Initiatives taken for the development of MSME sector include the 1. promotion of exports and achieving economies of scale and providing competitive edge to these units under the National Manufacturing Competitiveness Programme (NMCP). reservation of 21 items for exclusive manufacture in micro and small enterprise sector. MSME sector implementation of MSMED Act. Small and Medium Enterprises (MSME) contribute significantly to the economic growth by being inclusive.45 Micro. Micro.107 on 2013-09-02 17:18:09 EDT. Unauthorized Distribution Prohibited.sansco. The sector n. ISI Emerging Markets.40 million tonnes during AprilSeptember 2009-10.www. DownloadPDF. It is estimated that in terms of value.176. 16 ISIEmergingMarketsPDF in-spjainmr from 115. employment friendly and promoting equitable development. Downloaded by in-spjainmr from 115.5 million enterprises producing output valued at ` 8.115.805 crore and providing employment to 65. The major advantage of the sector is its employment potential at low capital cost.176. The sector manufactures more than 6. As per the 4 th Census of the MSME Sector. there were 28.115. accounts for about 45 per cent of the manufacturing output and 40 per cent of the total exports of the country.reportjunction.000 products. 2006.2 million tonnes during April-September 2010-11 was 7.9 million persons during 2008-09. dereservation of certain items for providing opportunities to MSME for technological upgradation.com www. ranging from traditional to high-tech items.net wheat) under Targeted Public Distribution System (TPDS) and other schemes at 25. Small & Medium Enterprises contributes 8 per cent to the country's GDP.
12 crore.69 crore. viz.. implemented in association with the banks for the development of agriculture and rural sectors are also discussed. Maharashtra. States. The Fund had a balance of ` 1. . The sectorwise credit flow projections captured in the PLP were utilised for arriving at the credit flow target to agriculture sector and priority sector. 106 districts are tagged to specific DDM districts to focus on credit planning.7 The Watershed Development Fund was established in NABARD in 1999-2000 with an initial corpus of ` 200 crore.107 at 2013-09-02 17:18:09 EDT. State Focus Paper 2. Various initiatives and programmes of the Bank during the year are detailed in this Chapter.176. Farm Sector A. development agriculture and rural development. A.6 The objective of developing watersheds is to significantly mitigate the drought induced distress of farmers in the area. The Fund is replenished every year and was augmented during the year with ` 947. Credit Planning 2.com www. NABARD anchors four types of watershed development programmes in the country covering over 1. Integrated District Plans 2.5 State Focus Papers. Jharkhand. as on 31 March 2011. Potential Linked Credit Plans C.sansco.2 There are 395 District Development Managers' B. were prepared by the Regional Offices at the State Level.115.net II Development and Promotional Initiatives NABARD continued to support various innovative initiatives in addition to the Bank's ongoing activities. During the year. PLP were prepared for 624 districts in the country to guide the banks in their credit planning exercise and infrastructure development for 2011-12. In addition.176. presenting a comprehensive picture of potential available in various sectors of the rural economy. 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. 2. critical infrastructure gaps to be filled in and linkage support to be provided by various Government departments. NABARD prepares Potential Linked Credit Plans (PLP). Development Programme under Watershed Development Fund (WDF) in 15 17 ISIEmergingMarketsPDF in-spjainmr from 115. Tripura and Uttar Pradesh.www. Development by Programme the Planning supported Pradesh.70 million hectare. ISI Emerging Markets.3 In order to provide meaningful link between and credit planning for supporting 2.4 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. based on PLP. Watershed Bihar. Andhra Pradesh. DownloadPDF. Unauthorized Distribution Prohibited. These programmes are: Indo-German (IGWDP) Watershed Watershed in Development Andhra Programme Participatory Maharashtra. development and promotional activities in these districts. (DDM) offices of NABARD across the country. Downloaded by in-spjainmr from 115.897. Gujarat and Rajasthan (See Section L). Watershed Development 2.115. Programmes of the Government of India and the State Governments. and Integrated (IWDP) in Commission.107 on 2013-09-02 17:18:09 EDT.reportjunction. Prime Minister’s package in four States.
000 ha.net 2.86 lakh ha. 45 220.11 The participatory watershed development Major findings of the mid-course evaluation of a few WDF supported projects are given sanctioned. as on 31 March 2011. respectively. Unauthorized Distribution Prohibited. Nawada and Rohtas districts of Bihar with an allocation of ` 60 crore.444 ha. Agricultural income increased two fold.26 crore and ` 3. 2. viz. (b) Teliki. in Box 2.50 ha to 16 ha. Mabbugutta..03 crore and ` 33.Bandhoni. Andhra Pradesh. were taken up for implementation during the year. of wasteland in Aurangabad. Karnataka. During the Box 2.115. to Full year.115. respectively.10 The watershed projects are entirely grant based in distressed districts while the assistance is grant-cum-loan in non-distressed districts. 18 ISIEmergingMarketsPDF in-spjainmr from 115. GB Thanda. 2. taking the number of such projects to 255. with a total commitment (loan grant the component) year.sansco. stood at ` 34. . respectively. ` 152.Study by Action for Food Production (AFPRO) • Area under sweet orange increased from 20 acres to 58 acres. covering of ` an area of crore.18 crore were disbursed under watershed projects as grants and loans.17 crore. had been sanctioned.176. Ground water levels during monsoon rose by 12-18 feet from pre-development work.023 crore.com www. Kerala and Maharashtra (for developing 15. DownloadPDF.57 projects graduated Implementation Phase (FIP). 24 projects graduated to FIP stage. 71. Munger. Kosuvaripalli Watersheds in Andhra Pradesh . Nethigutlapalli. During the year. (c) Chaitanya. 2. Banka. distressed districts in the four States. in 14 states. and ` 1. taking the cumulative number of such projects and During 4.9 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). Gaya. Gramajyoti Watersheds in AP . Kothapalli.127 ha. the cumulative disbursements under these components were ` 350. area under horticulture increased from 2. in Lodhwara. A sum of ` 20. 66 watershed projects were to 579.000 ha. of which six are at Capacity Building Phase (CBP) stage and 73 at FIP stage. • Significant gains in crop yields were observed in bajra/ jowar/pulses (50%). Milch animal population increased from zero to 294. • • Population of cross bred dairy animals increased from 12 to 37 in Chipni .Study by Central Research Institute for Dryland Agriculture (CRIDA ) Seventy acres of fallow/cultivable wastelands brought under cultivation during Kharif. followed by paddy (43%). Rabi cropped area increased from 136 ha to 404 ha. ISI Emerging Markets.42 lakh ha.reportjunction.107 on 2013-09-02 17:18:09 EDT. taking the cumulative area and financial commitment to 9. Under the programme. Downloaded by in-spjainmr from 115.www. Productivity increased in green gram (36%) & red gram (42%). • • agricultural production and productivity.18 crore was disbursed during the year and the cumulative disbursement. Jamui.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.8 During the year.1.18 crore.107 at 2013-09-02 17:18:09 EDT. bengal gram (45%) & groundnut (18%) during rabi. aims to develop 80. Bhabua. a total of 79 projects in an area of 84. of watershed annually over two years in each of these districts). it was 21 to 57.176.
55 lakh rural people through training and capacity building. Downloaded by in-spjainmr from 115.115. The project is expected to develop a replicable model for Climate Change Adaptation in semi-arid and rainfed regions of the country.sansco. with focus on crop productivity.176. Climate Change Adaptation Project in Akole & Sangamner Taluka of Ahmednagar District.13 The Village Development Programme (VDP) introduced in 2007-08.2 Outcome of Village Development Programmes . Under the programme. Kisan Credit Card (KCC) scheme and investment in agriculture sector.921 infrastructure development projects involving a financial outlay of `193. including Non Governmental Organisations (NGO).115.www. 2. 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. through 482 Project Implementing Agencies (PIA). Maharashtra Ahmednagar.15 crore.107 on 2013-09-02 17:18:09 EDT. The programme is now being implemented in 801 villages spread across 25 States.2. organising rural entrepreneurship development programmes. therefore. institution building through promotion of Farmers’ Club (FC) and Self-Help Groups (SHG). 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. ISI Emerging Markets. awareness on environment and publications in vernacular for the benefit of the village community. envisaging coverage of 1500 villages. involves a total financial outlay of ` 34. the largest district of Maharashtra.73 crore).176. .80 lakh farmers. • Promotional interventions covered 1. 6. 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. Financial inclusion varied from 50% to 100% in the VDP villages. DownloadPDF. processing and marketing linkages. seeks to enable vulnerable rural communities in the Akole and Sangamner taluks of the district. C.80 crore). The project.62 crore) and contributions from villagers (` 2. The Programme has been upscaled with the launch of Phase II of the programme (from April 2010). especially in allied and non-farm sector activities.net Cooperation (SDC) (` 10.107 at 2013-09-02 17:18:09 EDT. to cope with the inpact of climate change. The Watershed Organisation Trust (WOTR) is the implementing agency for the project. • Critical infrastructure needs identified during Participatory Rural Appraisal have been addressed by ensuring synergy and convergence through 1.reportjunction. • 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. 19 ISIEmergingMarketsPDF in-spjainmr from 115. The programme was completed in 115 villages and is under different stages of implementation in 686 villages. etc. Village Development Programme 2. awareness programmes had been organised for the benefit of 1. Farmers' Clubs (FC) and Krishi Vigyan Kendras (KVK).Phase I • Ten Essential Areas had been identified to facilitate development of agriculture and allied sectors. B. with grant assistance from the Swiss Agency for Development and Box 2.61 crore. Unauthorized Distribution Prohibited. Towards this end.634 training and • Credit related interventions facilitated access to institutional credit with focus on financial inclusion. NABARD (` 20. The project. storage.com www.
107 on 2013-09-02 17:18:09 EDT.493 families in 317 projects across 24 States/Union Territories (UT).47 crore. (vi) study of commercial viability of whole seed corn production of elephant foot yam in West Bengal.65 crore. (ii) production. Chennai. The impact of the project was visible with increased water use efficiency through drip. (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. (iv) post. training on adoption of organic farming. from 1 April 2009. covering 2. and (xi) promotion of Natueco farming across various states. 123 projects were sanctioned with a financial support of ` 11. The projects cover process activities for like (i) innovative participatory guarantee system as a low cost alternative for certification small and organic farmers. capacity building of farmers on low cost poly-houses. (iii) development of Bharath Chakra (animal drawn mechanical plough) in Tamil Nadu. implementation Moradabad. distribution and processing of organic milk. E. increase in yields of capsicum and lettuce by 100% vis-a-vis crops in open condition.97 crore 355. The cumulative sanction was `917. which was a demonstrative model. Uttar Pradesh. (x) commercialisation of Anthurium and Heliconia. DownloadPDF. with grant assistance of ` 5. The project was implemented in Shoolagiri block in Krishnagiri district with NABARD assistance of ` 6. multiplication and area expansion of Navara rice. off-season enhanced production. broccoli. 45 projects were sanctioned in 15 states.176. Farm Innovation and Promotion Fund 2.56 ` 18.com www. hand holding support for the farmers on construction of poly-houses and market and bank linkages.3).41 crore as loan) was sanctioned for 126 projects benefiting 94. (v) standardisation of planting geometry growth fertigation patterns commercial cultivation of selected vegetables using drip irrigation system. improved quality of the produce fetching premium prices (5-10 % increase) and capturing niche markets. lettuce.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.02 lakh. cultivation of exotic vegetables like coloured capsicum.115. (ix) demonstration and field adaptation of Phytotron Sugarcane Ripener technology innovation for quantitative and qualitative improvement in sugarcane production.176. During 2010-11. 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.www. (ii) system of wheat intensification in Himachal Pradesh. reduced labour. reduction in pest attack by 2530%. . Cumulatively. (viii) demonstration of Organic Farming using the Phosphate Rich Organic Manure technology in Rajasthan.163 tribal families in various states. improved methods of vegetable cultivation.reportjunction. of which 51 projects with financial assistance of ` 2.115. ISI Emerging Markets. The project. (iv) mass propagation of selected species of bamboo through and innovative stage techniques based for rural resource for development. (vii) sustainable initiative for improving production & productivity of sugarcane. (iii) sustainable upscaling of weather insurance. and (ix) protected vegetable cultivation in Uttarakhand. Tribal Development 2.107 at 2013-09-02 17:18:09 EDT.50. The major interventions under the project included construction of poly-houses. Some of the major completed projects include (i) promoting commodity based marketing of agricultural produce on cluster basis in Uttarakhand.60 crore.sansco.houses" was sanctioned under FIPF to TVS Educational Society. zucchini. Downloaded by in-spjainmr from 115. The project is now being replicated in the states of Karnataka and Uttarakhand.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. has trained 30 entrepreneurs (small and marginal farmers). chinese cabbage. financial assistance of 373.net D.15 The corpus under Farm Innovation and Promotion Fund (FIPF) has been enhanced to ` 50 crore. (viii) seed purification.harvest value addition of medicinal dehydration (v) and in aromatic solar of crops dryers Kisan produced in Bandhu through in Uttarakhand. During the year. products marginal Box 2. (vi) identifying and developing sustainable strategies for combating twisting malady in onion. 20 ISIEmergingMarketsPDF in-spjainmr from 115. installation of drip irrigation system.55 crore have been completed. Unauthorized Distribution Prohibited. as on 31 March 2011.
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.17 The programme aims to organise farmers to facilitate accessing credit. Uttar Pradesh. DownloadPDF. were sanctioned with grant assistance of ` 44. (viii) scientific sericulture. 25 projects had Jharkhand. Farmers' Clubs (FC) were launched. through training and exposure visits.reportjunction. taking the total number of clubs to 76. drip irrigation in medicinal plants. NGO promoted maximum number of clubs (13. (vi) demonstration of brackish water poly-culture technology for rural development. crop advisory. commercial banks (2. Farmers' Club Programme 2. RRB (2. NABARD launched a pilot project aimed at development of a cadre of farmers from amongst the members of Farmers' Clubs. market prices. while NER accounted for only 3. milk processing & manufacture of milk products.115. Eastern (19. and the Northern (11. Farmers' Technology Transfer Fund Western (13.. etc. Other Kerala. into a Entering Memorandum 2.176. scientific cultivation of lac. During the year. trained in the areas of Technology Transfer. and (xi) establishing Farmers' Resource Centre (FRC).16 Farmers' Technology Transfer Fund (FTTF) has been augmented to ` 100 crore from 1 April 2010. 282 exposure visits for 7. During 2010-11. An analysis of the region-wise distribution of clubs indicated that the Central region had the highest share (30. Uttarakhand included (i) Bengal.net F. Credit Counselling and Market Advocacy. H.. During the year. Three Farmers' Training and Rural Development Centres (FTRDC) were provided grant assistance of ` 1. 512 diverse and innovative proposals for transfer of technology. 21 ISIEmergingMarketsPDF in-spjainmr from 115. (x) developing organic farming technology and package of practices for organic production of Navara rice. (ix) preparation of web based interactive packages for selected medicinal crops. West Karnataka. Odisha.com www. extension services. As an Information and Communication Technology (ICT) initiative.548 farmers were arranged in collaboration with select research institutes. 21. followed by co-operative banks (2. (vii) transfer of technology to farmers and livelihood improvement through formation of technology users' groups and formation of Joint Liability Groups (JLG).www. (v) intensive cultivation of vegetables through drip irrigation system.922).39%).903 of Technology (CAT)' aims at capacity building of farmers for adopting new/innovative methods of farming. Haryana.55 crore.sansco. System of Rice Intensification (SRI). State Agricultural Universities (SAU)/Krishi Vigyan Kendras (KVK)  and other agencies (179). initiatives of been sanctioned in 12 states. As on 31 March 2011. tissue culture. Capacity Building for Adoption of Technology 2. by (ii) food sustainable livelihood livelihood upscaling farming. ISI Emerging Markets. vegetable production in poly-house. nursery management.39%) regions. During the year. (iii) creating sustainable through organic (iv) providing Short Messaging Service (SMS) services to the Farmers' Clubs by Reuters Market Light (RML).708 as on 31 March 2011.107 at 2013-09-02 17:18:09 EDT. technology and markets. KVK and SAU. Arunachal Pradesh. Agency-wise. through SMS on mobile phones (29. Downloaded by in-spjainmr from 115.02 crore under FTTF.599). poultry farming.15%). FC are being provided with information on weather.115. Tamil Nadu.838 mobiles served till 31 March 2011). The areas covered were vermi-compost.107 on 2013-09-02 17:18:09 EDT. viz. off-season hybrid vegetable cultivation. Bihar.87%). followed by the Southern (21.176. and Maharashtra. etc.95%).25 per cent. as on 31 March 2011.215).97 crore in 27 states.733). . 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. Unauthorized Distribution Prohibited. processing of horticulture produce. organic farming. The cumulative disbursement was ` 33.18 The 'Scheme for Capacity Building for Adoption G.
Dairy and Poultry Venture Capital Funds 2. Pune in 17 districts of Uttar Pradesh and 13 districts of Bihar.115. 2. The project is to be implemented initially in 4-6 clusters of five villages per state. However.41 crore and ` 0.000 Below Poverty Line (BPL) families under Multiactivity Approach for Poverty Alleviation (MAAPA) and 15. 16 District Dairy Farmers' Associations have been formed in Uttar Pradesh and 13 in Bihar. Against a total financial iii. ensuring its utilisation.23 The Special was Project on Livelihood under Based J.107 on 2013-09-02 17:18:09 EDT.107 at 2013-09-02 17:18:09 EDT. DownloadPDF.296 and 2. During 2010-11.20 The Scheme for "Financing Purchase of Land for Agriculture Purposes". Special Project on Livelihood Based Development 2. respectively.938 and 99. 44 projects covering 220 villages were launched with a financial commitment of ` 15.98 crore and ` 7.net I. 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. During 2010-11. resulting in through adoption of sustainable agricultural practices.000 families to be covered in each state. had launched the 'Pilot Project on augmenting productivity of lead crops/ activities through adoption of sustainable agricultural practices'.97 crore for Sultanpur and ` 14. Downloaded by in-spjainmr from 115. i.33 crore were released for Sultanpur and Rae Bareli districts. ` 14.51.67 crore.22 crore. .sansco. ISI Emerging Markets. As on 31 March 2011. respectively.22 Cattle Development Projects Cattle Development Projects sanctioned in 2004-05 by GoI for implementation by Bharatiya Agro Industries Foundation (BAIF).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. (CDP) were K. ii. cost The yield gap of crops would be bridged and value addition.000 financially very needy youth under Demand Driven Skill Development (DDSD) through Livelihood Advancement two districts. respectively. aims to provide credit facility to SF/MF. NABARD is the project holder while BAIF and Dr.www. The number of pregnancies confirmed (under the Artificial Insemination component) was 3. Reddy Foundation are the implementing agencies for the two components.99 crore.com www.41 crore. Poultry Venture Capital Fund (PVCF) continued in the 22 ISIEmergingMarketsPDF in-spjainmr from 115.230 families were registered in Uttar Pradesh and Bihar. While 100 Cattle Development Centres have been established in each state.55 crore bank loan was disbursed to 464 borrowers in 7 states with refinance of ` 18. Government Projects 18.104.22.1684 in Uttar Pradesh and Bihar. Business The School cost of (LABS) the in the is project 2. a total of 83.reportjunction. The project aims at covering 8. reduction improved standards of living for the rural farming community. GoI released ` 23. 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. Pilot Project on Augmenting Productivity of Lead Crops outlay of ` 27.115.02 crore.72 crore. project supervision and monitoring. under implementation since August 2001.176. 2. Unauthorized Distribution Prohibited. taking the cumulative disbursement to ` 8. NABARD is the co-ordinating agency and facilitator for channelising funds. As against a target of 80.90 crore for Rae Bareli. proliferating to 600-900 villages at the national level. with the utilisation at ` 23.21 NABARD continued to implement/coordinate the following area specific projects of the Government of India (GoI).19 NABARD in 2009-10. ` 0. ` 20.
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.
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).
Adivasi Development Programme in Gujarat and Maharashtra
Programme in Gujarat is being implemented in
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
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
Indo-German Watershed Development Programmes
Indo-German Watershed Development
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
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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
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
Technical Component (TC) Assistance from GIZ
# Part of € 8.5 million total TC grant support from GIZ Sewa: Self Employed Women’s Association
FC: Financial Co-operation
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
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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.
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.
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(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
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.
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.
ISIEmergingMarketsPDF in-spjainmr from 22.214.171.124 on 2013-09-02 17:18:09 EDT. DownloadPDF. Downloaded by in-spjainmr from 126.96.36.199 at 2013-09-02 17:18:09 EDT. ISI Emerging Markets. Unauthorized Distribution Prohibited.
107 on 2013-09-02 17:18:09 EDT. 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. grant support of ` 0. 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. Rural Entrepreneurship Development and Skill Development Programmes 2.115. capacity building programmes were organised for the participants from banks.859 REDP/SDP have been supported with grant of ` 83.com www. REDP training in in tailoring in NER 27 ISIEmergingMarketsPDF in-spjainmr from 115. During 2010-11. 2.35 crore. In order to ensure smooth implementation and monitoring of the initiatives.36 crore was released.38 As on 31 March 2011. four programmes under and Skill Development Programmes (SDP). four on-location cluster workshops were conducted. Entrepreneurship Development Programmes (REDP) G.www. Swarojgar Credit Card Scheme 2.37 NABARD has been supporting Rural exhibitions. A total of 113 clusters across 84 districts in 22 States had been approved.176. 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. Marketing D.26 crore were issued for facilitating hassle-free credit for investment and working capital requirements of small/microentrepreneurs. During the year.176.327 REDP/ SDP were supported with financial assistance of ` 12.107 at 2013-09-02 17:18:09 EDT.37 crore was disbursed for the purpose. government departments/ NGO/ VA etc.39 During 2010-11. Jharkhand. E.34 crore. 3. 17.40 During the year.51 crore. 201 Women participatory clusters and two under intensive clusters were approved.20 lakh Swarojgar Credit Cards (SCC) having credit limit of ` 514.75 crore.reportjunction. ISI Emerging Markets. . were supported with a grant assistance of ` 2. since early nineties. Women Empowerment Programme 2. DownloadPDF.12 lakh involving credit limit of ` 4. The cumulative total of SCC was 12.949. as proven tools for generating selfemployment opportunities in rural areas. which helped the artisans to realise sales of over ` 0. Odisha and Madhya Pradesh. This included support extended to RUDSETI and other similar institutes for incurring capital and recurring expenditure. A sum of ` 0.36 NABARD has been implementing the Cluster Development 1999-2000. as on 31 March 2011.115.net C. F. Under Assistance to Rural Women in Non-Farm Development (ARWIND) scheme.sansco. 1. Cluster Development 2. Cumulatively.59 crore. During the year. Unauthorized Distribution Prohibited. 320 marketing events/ Development Cells (WDC) were supported to address gender discrimination in credit and support services. Downloaded by in-spjainmr from 115. taking the total number of such programmes to 29.
The RBI has decided to contribute to these Funds on a reimbursement basis. Policy Initiatives 2. monitoring systems and impact evaluation mechanism. Rajasthan and Uttar Pradesh. However. As such remuneration to BC is to be taken care of by the banks themselves. Financial support of ` 3. in six Bihar. . The corpus of each Fund is ` 500 crore.000 per BC or Customer Service Provider (CSP) for three-days training at ` 1.com www. the contribution to this corpus by GoI stood at ` 30 crore in each of the Funds. through Doordarshan. as recommended by the Committee on Financial Inclusion (Chairman : Dr. (AFC) for promoting financial literacy among rural adults in West Bengal through SHG and FC. During the year 201011. GoI and NABARD made initial contributions of ` 10 crore and ` 5 crore. Rangarajan). and by NABARD at ` 30 crore (FIF) and ` 40 crore (FITF).115.41 The Financial Inclusion Fund (FIF) for meeting the cost of developmental and promotional interventions of financial inclusion. Jharkhand. Chhattisgarh. are expected to work at the 'last mile'.46 crore (` 3. 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. Support is being made available from FIF for producing states. and telecasting financial literacy programmes in Hindi. Unauthorized Distribution Prohibited. Also. Operations Ltd.000 per day through Financial Information Network & iv. C. as per RBI guidelines. and Financial Inclusion Technology Fund (FITF) for meeting the cost of technology adoption. respectively. RBI contributed ` 3.net Financial Inclusion 2. The capacity building component for authorised functionaries of well-run SHG. (FINO)-Fintech Foundation would be available and the cost would be reimbursed through the bank engaging the BC/CSP. to be contributed by the GoI.www. to be identified by banks. The Reserve Bank of India (RBI) and NABARD in the ratio of 40:40:20 in a phased manner over five years. iii.107 at 2013-09-02 17:18:09 EDT.115.05 crore towards FIF and ` 0. Downloaded by in-spjainmr from 115. to each of these Funds. NABARD is working with the Indian School of Microfinance for Women (ISMW) and has identified state level partners on modalities for alliance.. till necessary guidelines are issued by RBI.sansco.176.107 on 2013-09-02 17:18:09 EDT. A. in based regional on the is languages being is also with to experience extended ii. The Primary Agricultural Credit Societies (PACS) have been permitted to function as BC of Commercial Banks (CB) and RRB. The production and telecast of financial literacy programmes envisaged Doordarshan. Madhya Pradesh. Support Agricultural Finance Corporation Ltd. Financial Literacy Camp 28 ISIEmergingMarketsPDF in-spjainmr from 115. for formulating a National Alliance on Financial Literacy. PACS cannot function as BC of co-operative banks.42 The following policy inititatives were taken during the year: i. being its share of expenditure incurred upto July 2009. being agents of banks. would be supported under FIF. were set up in NABARD during 2007-08.reportjunction. DownloadPDF.41 crore towards FITF). As on 31 March 2011. ISI Emerging Markets. Business Correspondents (BC). GoI again contributed ` 10 crore for 2009-10 and 2010-11 to each of the Funds.176. viz.
The existing quantum of support to CB. support from FITF will be to the extent of 40 per cent of the total B. ISI Emerging Markets. 80 and 90 per cent. Fund Utilisation 2. Bokaro. subject to certain conditions. ix. was ` 38. 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. with the balance to be met by the sponsor banks and the RRB in the ratio of 50:10.32 0.00 16. of Financial Services on 'Swavalamban Scheme' under New Pension System (NPS) was accorded “in-principle” approval.21 22. (ii) project for promoting finger print interoperability to IIT.24 1.31 D 0. Table 2. (Odisha)].22 0.176. Singhbum.15 2. submitted by Invest India MicroPension Services (IIMPS).00 50. RRB and Cooperatives has been enhanced to 60. Jharkhand.net v.41 crore for 55 projects under FITF.52 52.66 crore for 150 projects under FIF and ` 122. viii.176. 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.11 S 2.107 at 2013-09-02 17:18:09 EDT. Jammu & Kashmir. .27 53.08 6.21 crore and ` 54 crore were disbursed under the funds (Table 2.83 TOTAL S 19. Andaman & Nicobar Islands. West Singhbum (Jharkhand).reportjunction. ` 9.com www. Assam. which cost. replacing the present approach of Viability Gap Funding. of the project outlay. East and [Khammam Deogarh. Himachal Pradesh. Chhattisgarh. The cumulative sanction as on 31 March 2011.107 on 2013-09-02 17:18:09 EDT.70 0. at rates approved by the Advisory Board.3).43 An amount of ` 19 crore under FIF and ` 101.09 0.115. The project submitted by Pension Fund Regulatory and Development Authority (PFRDA) and Dept. Gajapati.115.sansco. respectively under FIF and FITF during 2010-11.. respectively. Hilly Regions and those in the 256 excluded and 10 disturbed districts.06 D: Disbursed 29 ISIEmergingMarketsPDF in-spjainmr from 115.3: Funds Utilisation . A simplified procedure linking the support (under FITF) to cost of Smart Cards or Point of Sale (POS) devices.00 101.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. Kanpur and (iii) installation of 25 ATM by Langpi Dehangi Rural Bank. Support to Lead Banks to establish Financial Literacy and Credit Counselling Centres (FLCC) is extended. Latehar.www.79 Cooperative Banks S 0. Downloaded by in-spjainmr from 115.00 28.75 0.86 100.41 1.00 63. 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. This was also extended to CB in the North Eastern Region.87 D 0.10 D 9. vi. vii. 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.48 S Others D 6. As hardship areas need special attention. respectively.75 RRB D 1. was introduced for RRB and Cooperatives. RRB will be extended support for Information and Communications Technology (ICT) solutions in all villages having population of above 2.24 1. As against the targets of ` 22 crore and ` 28 crore to be disbursed.54 16.72 2.000 and falling in the command area of the RRB.31 97. Rayagada are viz.21 54. Malkangiri. (Andhra Ten districts. For implementing Core Banking Solutions (CBS) in 28 weak RRB in the first phase. Unauthorized Distribution Prohibited. Sikkim and Uttarakhand. DownloadPDF.10 120.10 crore under FITF were sanctioned towards Financial Inclusion during the year. Sambalpur Pradesh).
training and capacity building of stake holders. Bihar. Revolving Fund 2.563.545.73) 5.253.4: Progress of the Micro-Finance Programme (As on 31 March) (` crore) Sl.42 crore.64.403) 48.93.453.53. A. promotional grant assistance to Self Help Promoting Institutions (SHPI). livelihood propagation. Micro-Finance 2. Jharkhand..75] 1659 13955. there were more than outstanding to weaker sections by scheduled commercial banks.21. especially the SC and ST.250 (16. other formal and informal entities and even government functionaries.3 per cent from 15.861.76.8 per cent in the previous year.115. Under the collaboration. Chhattisgarh. improved marginally to 16.00) 28. Downloaded by in-spjainmr from 115. Micro-finance Equity Fund Development and Assistance (RFA) to Microfinance Institutions (MFI).22 lakh had been utilised during 2010-11 for activities conducted by NABARD in seven focus states. NGO.147 (15. studies.49 crore and ` 60. The progress of the microfinance programme is given in Table 2. involving all partners.7 crore poor households under the micro-finance bank programme.39) Self-Help Groups 2010 Number 15.62) Micro-Finance Institutions (MFI)* 2009 Number 581 Amount 3732. capital and soft loan assistance to MFI.394) 69.86.22) 22.24.84 (5. ` 47. Madhya Pradesh.20] – – 2 1915 5009. Particulars 2009 Number 1 Loans disbursed during the year Loans Outstanding 16.176.586 (2.net C. 2.46 As on 31 March 2010.176.53 lakh savings-linked Self Help Group (SHG) and more than 48.28 (6. 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 115.08) 6. NABARD-UNDP Collaboration for Financial Inclusion 2.51 (2.45 NABARD is instrumental in facilitating various activities under micro-finance sector at the ground level.015.356 (12.reportjunction. of which ` 29. as a percentage to loans Table 2. 69.43 crore for CS/ RFA to MFI.51.sansco.107 at 2013-09-02 17:18:09 EDT. This is done through training and capacity building of partners. No. ISI Emerging Markets.292.47 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. minorities and the displaced. The Annual Work Plan for 2011 (1 January to 31 December 2011) for NABARD is of the order of ` 228.05. equity/Capital Support (CS) to MFI to supplement their financial resources and 100 per cent refinance against bank loans for micro-finance activities.038. respectively.198. in the previous year. etc.67. As on 31 March 2010. DownloadPDF.107 on 2013-09-02 17:18:09 EDT. socially spirited individuals. .51 lakh credit-linked SHG covering 9.887) 61. Unauthorized Distribution Prohibited.09.71 (1.115.95 crore was grant support for promotional activities and ` 17.49  [2665. documentation.45.74  [3808. the share of loans outstanding to SHG. bankers.338 (9. During 2010-11.62 (1.198. ` 173.4.44 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.com www.251. Rajasthan and Uttar Pradesh.www. viz.38 crore was released.822 (2. as against ` 20.55 lakh.653) 42. Odisha.910) Amount 14.09 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.33 2010# Number Amount 779 10728.30 (2.679.581) Amount 12.
in association with participating banks and implementing NGO. micro-finance creation sector. Unauthorized Distribution Prohibited. 108 120 2847 807 71 3953 Amount 793. Government Officials and micro-entrepreneurs. entailing an expenditure of ` 10.5: 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.43 728.51 The RFA is provided to MFI.44 12626.176. a special initiative of the Rajiv Gandhi Charitable Trust (RGCT).03 12. DCCB. NGO.115. Support to Partner Agencies 2. grant assistance of ` 37.107 on 2013-09-02 17:18:09 EDT. on a selective basis. rating support of ` 17.979 have been credit linked.50 NABARD continued to provide grant assistance to CB and RRB for getting the MFI rated by accredited Table 2. CARE and Planet Finance). 6 3 223 47 3 282 Amount 112.sansco.68 80. the cumulative RFA C.www.84 82.06 crore was released resulting in formation of 4.66 lakh was provided to 14 agencies as against ` 15. for promotion.60 lakh. Rajiv Gandhi Mahila Vikas Pariyojana 2.01 lakh SHG.05 4471.00 3601. D. . credit linkage and federating of SHG in select districts of UP . taking the cumulative support to ` 27.40 crore for 41 agencies. rating agencies (CRISIL. Panchayat Raj Institution (PRI) representatives.net B. as against ` 9.22 crore for 5.95 16.97 5106. Support to Micro-Finance Institutions (i) Support to banks and MFI for rating 2.5).81 lakh groups (Table 2.38 14622.176.31 445.107 at 2013-09-02 17:18:09 EDT. 25.48 NABARD continued to extend grant support to NGO. throughout the year. (ii) Capital Support and Revolving Fund Assistance to MFI 2. During the year. Downloaded by in-spjainmr from 115.18 crore was sanctioned to 20 agencies.115. As on 31 March 2011. DownloadPDF.30 SHG formed 47203 55548 268791 17321 12208 401071 SHG linked 31454 36610 175080 9642 6749 259535 31 ISIEmergingMarketsPDF in-spjainmr from 115.52 No of SHG 7850 1350 69165 1085 2440 81890 Cumulative Sanctions No. During the year.38 73. of SHG 66955 49335 414338 7628 42923 581179 Cumulative Progress Amount released 287. taking the cumulative assistance sanctioned to ` 146.22 193.08 crore during the year. for on-lending to the unreached poor. New SHPI were identified even while continuing support to existing ones. 951 Cluster Level Federations and 26 Block Level Federations have been formed. As on 31 March 2011. RFA amounting to ` 15.92 3786.62 43.com www. ICRA. bankers.83 lakh to 13 agencies during the previous year. FC and Individual Rural Volunteers (IRV) for promoting and nurturing quality SHG.reportjunction. Special Region (i) Initiatives in Backward conducted awareness sensitisation programmes and arranged exposure visits for SHG members. The Number of SHG credit linked during the year was 2.571 SHG have been promoted.53 crore was sanctioned to nine agencies. trainers. During the year.49 In up-scaling NABARD order to support Building fine to tune the of the Partner strategies for and sanctioned was ` 99. During the year. M-CRIL. RRB. E. an amount of ` 51.93 crore in the previous year.890 groups.86 crore was sanctioned to various agencies for promoting and credit linking 81.52 NABARD continued to support the Rajiv Gandhi Mahila Vikas Pariyojana (RGMVP). ISI Emerging Markets.33 crore for 48 agencies. Capacity Agencies 2. In addition. CS of ` 2. NABARD officials. of which 14.40 No.
1. the process of engagement of Resource NGO and Field NGO and establishment of Programme Implementing Units was completed. 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. Box 2. . The tasks handled by dalbandhus include formation of SHG. Under the TSSPS. During the year.sansco. NABARD has released ` 5. They are provided a fixed remuneration of ` 1. working for the betterment of the standard of District Rural Development Agency Gram Swarozgar Yojana living of the poor.54 Exposure visits for Joint Liability Groups (JLG) for senior officers of the Bank were arranged during the year.25 lakh JLG across the country till 31 March 2011. ISI Emerging Markets.656 participants. (i) Scaling-up of Micro-Finance Programme: Special Initiatives Financing of Joint Liability Groups 2.6 Dalbandhus of Tripura Dalbandhus are the backbone of the SHG movement in Tripura. has undertaken the task of Capacity Building of Dalbandhus.115. They are socially motivated community resource persons. NABARD also provided technical support to Tripura State Support Project on SHG. The project is being implemented by the Government of Tripura through the 'Dalbandhus' also (Box 2. Downloaded by in-spjainmr from 115. It covers four districts (Sultanpur. non-farm and service sector activities. an ` 9.200 SHG. Shravasti and Rae Bareily) of Uttar Pradesh and two districts (Madhubani and Sitamarhi) of Bihar. ` 50 for formation of new SHG and ` 50 for first time credit linkage and ` 100 for repayment of first loan by SHG. 34.com www.73 million.41.73 million is jointly funded by the International Fund for Agriculture Development (IFAD) and the GoI to the extent of US $ 30 million and US $ 2.176. with a project outlay of US $ 32.66 lakh was also sanctioned to the Essomi Foundation Trust for setting-up a Resource Centre at Itanagar for providing policy.145.000 poor women and adolescent girls through formation of 7. DownloadPDF. in the districts of Alappuzha (Kerala). State Specific Support in North East Region 2.107 on 2013-09-02 17:18:09 EDT. Tiruvannamalai (Tamilnadu) and Mysore (Karnataka). A dalbandhu is expected to form and nurture maximum 50 SHG in three years.6).115.56 NABARD continued to support the project sanctioned to the Government of Arunachal Pradesh for implementing 'Micro-Finance Vision 2011'. At present there are 275 dalbandhus covering four districts of Tripura State.606 conducted various location-specific farm. The project involves promoting and credit linking of 1650 SHG at a cost of ` 39.588 SHG have been promoted.045 JLG. Cumulatively.300 per month plus ` 500 towards TA/DA. Empowerment and Livelihood in Mid-Gangetic Plains' called "Priyadarshini" envisages holistic empowerment of 1. Unauthorized Distribution Prohibited. F.74 crore was sanctioned as grant for promotion of 1. dalbandhus are provided incentives of ` 10 per SHG per month for a period of first 24 months for maintenance of books of accounts. An amount of Further.449 MEDP had been conducted for 1. 4.29 crore for 1. The eight-year programme. as a project partner under TSSPS. operational inputs. amount of ` 33. respectively. During the year.107 at 2013-09-02 17:18:09 EDT. Bahraich. maintenance of books of accounts. grading of SHG and maintenance of SHG data.www. An amount of ` 24.766 JLG taking the cumulative loan disbursed to ` 1. 32 ISIEmergingMarketsPDF in-spjainmr from 115. NABARD. which includes groups promoted by Dalbandhus.176. As on 31 March 2011. banks disbursed a loan of ` 659.55 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. During the year. capability support and marketing linkages among groups.452 lakh to the Trust up to 31 March 2011.08.70 crore to 85. capacity building.53 The Programme for 'Rural Women G.08. (ii) Micro-Enterprise Development Programme 2. Vellore.138 members by on members of matured SHG.49 lakh has been released so far.net (ii) Priyadarshini Project 2.15 lakh.reportjunction.
it mobilised share capital to the extent of ` 9. encouraging. to further the promotion of Micro-finance Sector. The project utilises the vast network of Post Offices in rural areas for disbursement of credit to the rural poor. which confirmed the magnitude and significance of the remittance issue and identified important points for the way forward. DownloadPDF.www. on an agency basis. viz.57 In order to assess the suitability of various innovative initiatives and also enhance the sustainability of MF activities.176.Remittances 2. Linkage very deliverables for the and important institutional The I. with Remittances and Payments System being an additional component.59 NABARD in association with GIZ conducted a study on 'Remittance Needs in India'.60 Karnataka Agriculture Development Finance Company Ltd. The major stakeholder is NABARD. (KADFC) was restructured into an MFI. RFA of ` 5 lakh for on-lending to 50 SHG in East Khasi Hills was sanctioned to India Post.115. Government of Karnataka. collection of repayments are done at the doorsteps of the SHG. viz. 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.70 crore.58 The Programme arrangements envisaged component. During 2010-11. Uttar Pradesh-Mumbai Corridor. of which 1. during 2007. The Report of the Joint Appraisal is to be presented to GoI and RBI. All the processes.net H. as on 31 March 2011. NABFINS started its lending operations in November 2009. (i) Other Developments NABARD GIZ Study . (ii) NABARD Financial Services Ltd. The cumulative number of loanee SHG was 2. addition.01 crore. . Canara Bank. NABARD entered into an agreement on joint technical cooperation within the framework of the ongoing Rural Financial Institutions Programme (RFIP). as at end March 2011. (NABFINS).com www. Tamil have been appraisal was launched in Odisha-Andhra Pradesh Corridor. Unauthorized Distribution Prohibited. taking the total share capital to ` 16. During 2010-11. ISI Emerging Markets.819 SHG have opened zero interest savings accounts.64 crore through 31 BC. to 2019 the groups of disbursed an amount of ` 50. The German Government had committed • 5 million to this new component. The project is also being implemented in Meghalaya. subject to the positive outcome of a joint appraisal for identifying the concept. acceptance of loan applications. Pilot Projects 2.50 crore were made to MFI and Federations. Direct lending to SHG was started in January In 2010. The team also studied the payment system in West Bengal. NABARD has sanctioned an additional ` 200 lakh RFA to India Post for onward lending to SHG. with other shareholders being.107 on 2013-09-02 17:18:09 EDT..219 SHG have been credit linked by Post Offices. disbursements extent ` 1. Maharashtra Intra-state Corridor and Rajasthan-Gujarat Corridor. taking the aggregate disbursements during the year to ` 52. A total of 2.14 crore. with loans amounting to ` 3.176.044. J. Downloaded by in-spjainmr from 115. NABARD continued to extend support for various pilot projects.reportjunction.107 at 2013-09-02 17:18:09 EDT. Women members of SHG of Meghalaya engaged in candle making 33 ISIEmergingMarketsPDF in-spjainmr from 115. Further. NABARD Financial Services Ltd. disbursements.sansco.36 crore. SHG-Post Office Programme results in of SHG-Post Nadu Office 2.115. Federal Bank and Dhanalakshmi Bank.. 2. grading of groups.
com www. Chennai & Jaipur continued to conduct research on various themes of micro-finance across the country. During 2010-11. the wholly owned subsidiary of NABARD. Business Highlights 2. Downloaded by in-spjainmr from 115.62 The APRACA Centre of Excellence (ACE) in Linkage Banking set up in CMR as a leading centre of knowledge in Linkage Banking. Accordingly. corporates. . projects in monitoring various A. ISI Emerging Markets. The company also submitted MPLADS reports of 55 districts to the Ministry of Statistics and Programme Implementation (MoSPI). Chennai and Jaipur undertook (iv) APRACA Centre of Excellence 2.74 crore as against ` 6. During the year.65 crore.sansco. taking the cumulative assistance to ` 347.76 crore as interest on investments.61 The Centre for Micro-finance Research (CMR) research on 27 prioritised themes. Patna. Nabcons also conducted an evaluation study of the scheme "Monitoring of Pesticide Residue at National Level" for MoA.65 During the current year. It entered into new areas of business. The company has targeted to achieve a business of ` 100 crore in the next three years. ` 0. It prepared DPR for two clusters under New Land Use Policy (NLUP) in Mizoram. 34 ISIEmergingMarketsPDF in-spjainmr from 115. 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. (Nabcons).107 on 2013-09-02 17:18:09 EDT.64 As against the target of contracting and executing assignments of ` 25 crore and ` 20 crore. Grant assistance of ` 153.115. CB.176. Nabcons achieved ` 24.reportjunction. NABARD Consultancy Services 2. The sub-centres of CMR in Guwahati. State Governments. respectively. B. development of web based MIS for various of State Government infrastructure Programmes. The Profit before Tax was ` 8.net (iii) Centre for Micro-finance Research 2. respectively for the year 2011-12.176. the company has fixed a business target of different states adjoining the international borders of the country under the Border Area Development Programme (BADP). The CMR brought out two issues of its half-yearly journal 'The Micro-finance Review' during the year. Financial Achievements 2. in contracting and executing assignments of ` 40 crore and ` 30 crore.107 at 2013-09-02 17:18:09 EDT. Patna.18 lakh was released by NABARD during the year to CMR. service Ltd. DownloadPDF. GoI. cooperative institutions.13 crore and ` 16.33 crore during the previous year.36 lakh.80 crore as against ` 4. viz.www. NGO. during 2010-11. Nabcons has significantlly diversified its business.63 NABARD provides Consultancy Services Pvt.115. a proposal for Pilot-testing of SHG-Bank Linkage in Cambodia was prepared and submitted to APRACA. prepared a training manual on SHG-Bank Linkage Programme (SBLP). Unauthorized Distribution Prohibited. GoI. for bringing out policy initiatives that would improve the design and delivery of various micro-finance products.72 crore as commission from mutual fund distribution and ` 1. six research studies were completed and four reports published/uploaded on BIRD's website for the benefit of all stakeholders. respectively. the company earned ` 14.81 crore as professional fees on assignments executed.. for use in the training programmes of APRACA membercountries. international organisations and other clients.65 crore during the previous year and net Profit after Tax was ` 5. professional consultancy agriculture. allied activities and rural development to GoI. of which. established by NABARD in BIRD in 2008 and four sub-centres in Guwahati.
were found to be more ii. 2. conferences. Agri-retailing is around 18 per cent of the organised retail as of now.sansco.70 The study on "Employment Diversification in an Agriculturally Developed Region of India . seminars (` 0.www. The value of catch was much higher for the motorised crafts as compared to the traditional crafts.176.A Case Study of Punjab" upholds the rural non-farm sector as the engine of growth and rural poverty amelioration. Seminars.107 at 2013-09-02 17:18:09 EDT.A Study of Bank Sponsored Units in Andhra Pradesh" gave insight into the role of technology in ameliorating poverty while evaluating the scheme.02 crore). Research Projects/Studies 2. future strategies for sericulture.115.176.19 crore. The grant support extended to the organisers enabled them to document the 35 ISIEmergingMarketsPDF in-spjainmr from 115.net Research and Development Activities 2.09 crore were sanctioned. DownloadPDF.27 crore was sanctioned to various universities. and is likely to have a lower share (12%) by 2020.73 During the year. Utilisation 2. through production. for the growth of organised retail (Box 2. water partnership. 2. women empowerment through SHG.69 The study on "Opportunities and Constraints of Organic Agriculture in North-East Hilly Region of India" brought out that although turmeric.68 crore was utilised from the fund for supporting activities like research projects/ studies (` 0. etc. ISI Emerging Markets. reflecting the contribution of technology. The motorisation scheme has pulled most of the beneficiary households above poverty line. A. research institutes and other agencies for organising 131 seminars. The corpus of the Fund has been pegged at ` 50 crore since 2004-05. financial derivatives with thrust on agri-commodity futures.115. cashew and oranges have been identified as potential crops to be grown organically. agri-business and food processing. food security. Downloaded by in-spjainmr from 115. .91%) out of about 11. plant physiology.000 billion by 2020. The study has identified some of the major impediments. which are more susceptible to diseases and insect-pests under inclement weather conditions. There is a potential for motorisation in Andhra Pradesh. Sanctions under the Fund i.15 crore). other vegetable crops with higher market surplus and lower production and marketing risks could also be covered under organic farming. six projects/studies sanctioned earlier were completed during the year. occasional papers (` 0. The organised retail is poised to grow faster and reach ` 53.reportjunction. B. stood at ` 136.72 The Study on "Organised Agri-food Retailing and Supply Chain Management" brought out several findings with policy implications.66 The Research and Development (R&D) Fund.71 The study on "Motorisation of Traditional Crafts and its Economic Impact . training and upgrading skills of personnel of client institutions and disseminating research findings. a need to develop the organic production technology for vegetable crops.77 crore). NABARD Chair Professor Scheme (` 0. ten research projects involving a grant assistance of ` 1. especially structural. provides grant support to select agencies for promoting applied research through projects/studies. grant assistance of ` 1. Unauthorized Distribution Prohibited. green technology in dairy and food processing. Pull factors. 2. plant diversity.14 crore) and other activities (` 0. as hardly 925 (7. poverty alleviation. There is. important in comparison to push factors.107 on 2013-09-02 17:18:09 EDT. Conferences and Workshops 2. ` 17.80 crore). physiological and molecular approaches. with agricultural development playing a catalytic role in the growth of non-farm activities in the rural areas. training/ summer placement (` 15. symposia and workshops covering subjects/ areas related to agriculture and rural development.67 During the year.68 During 2010-11. pineapple. 2.7). ginger. with the expenditure incurred being replenished every year through appropriation of profits. veterinary parasitology. set up in NABARD in 1982-83. The cumulative disbursement since inception.700 crafts have been motorised under the motorisation scheme from 2003-04 to 2007-08.com www. thus. Further. market and input linkages. however. measurement of productivity and efficiency.80 crore). including agricultural marketing.
of Amar Nayak. B. DownloadPDF. marketing as Lending to unorganised is only against collateral. which could result in direct benefit to farmers. Prof. Lending to organised retailers is largely based on promoter’s credentials. iii. Accordingly. to both organised and • Opportunity For NABARD: Direct role Promote farmers’ clusters. The major findings of the study and recommendations are given below: Organised food retailing: Size and growth • In 2008-09.reportjunction.g. 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. 36 ISIEmergingMarketsPDF in-spjainmr from 115. five OP on 'Kisan Credit Card'.7 Findings of the Study on Organised Agri-food Retailing and Supply Chain Management NABARD sponsored from its R&D Fund. Further. Bhubhaneswar were appointed as NABARD Chair Professors for a period of three years.sansco. Recommend priority lending status to lending to the organised retailers to the extent directly procured from farmers.115.com www. Facilitate training and awareness among producers.000 billion and ` 620 billion (12 % of the former) by 2020. Institute Management. Hence. a total of 56 OP were published since its inception in 1994-95. 'Infrastructure for Agriculture and Rural Development'. commencing from 01 January 2011. Thus.107 at 2013-09-02 17:18:09 EDT. agri-food retailing ( `150 billion) was 18% of organised retailing ( ` 855 billion) accounting for 5% of total retail. proceedings and publish background papers. affiliated to Alagappa University. No established template for measuring and evaluating risks in an organised retailer. Bankers perceive moderate-yet-manageable risk.176. long term finance for creation of storage and transport infrastructure and short-term working capital loans to the consolidators B. low consumer preference for organised retailers. Occasional Papers 2. Downloaded by in-spjainmr from 115. a study on organised agri-food retail in the country during 2009-10. Organised retail sector has direct employment potential of about 1.115. Impediments to growth are non-profitability of organised food retailing. affiliated Karaikkudi to Xavier and Prof. New Delhi.www. Prof.75 The NABARD Chair Unit Scheme was revived during the year with the approval of the Board. .74 NABARD continued its endeavour of publishing Occasional Papers (OP) to generate and disseminate information on policy issues related to agricultural and rural development. Direct procurement from farmers beneficial for all stakeholders – farmers. 'Micro-finance for Micro-enterprises' and 'Promoting RNFS under multi-stakeholder environmentDRIP' were published. facilitate its growth through lower transaction costs. Narayanamoorthy. Indirect role A. encouraging direct linkage with producers and providing level playing field.88 lakh persons. Unlike the earlier scheme where institutions were identified first. organised retailers and banks. 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. Barah affiliated to Indian Agricultural Research Institute (IARI).107 on 2013-09-02 17:18:09 EDT. iv.net Box 2. retailers and consumers. Retailing and organised food retailing are expected to grow @11% & touch ` 53.176. ISI Emerging Markets. During the year. 50 to 53 per cent of the employment is for people with skill that can be imparted with a short and focussed intervention. e. Refinance rural infrastructure and Village level structures. Facilitate partnerships between clusters. Indirect employment in the supply chain is additional. A. Unauthorized Distribution Prohibited. facilitating wider dissemination of the recommendations/ action points and initiate suitable policy interventions by concerned agencies.C. NABARD Chair Professor Scheme 2. Support to consolidator: Help develop credit products to finance consolidators. three professors viz. 'Economics of Sugarcane Production and Processing'. candidates with proven track record are selected in the present scheme. thus.
Training of Personnel of RFI 2..667 participants (Table 2. This is going to be an essential qualification for a career in rural banking. Shillong. National Institute of Rural Banking (NIRB). Mangalore RTC. Manpower Development & Management Institute (MDMI). Bengaluru. Regional Training Colleges (RTC) at Mangalore and Bolpur. Directors of Co-operative Training Institutes (CTI) was held at BIRD. The students are assigned tasks/projects of relevance to the Bank for generating new ideas.80 BIRD conducted a special on-location programme on Credit Planning and Development Finance for IAS probationers undergoing Phase I course. the strategy for upscaling the activities of Centre for Professional Excellence in Co-operatives (C-PEC).19 crore was incurred under this Scheme.176. Table 2.107 on 2013-09-02 17:18:09 EDT.107 at 2013-09-02 17:18:09 EDT..76 The Summer Placement Scheme is being since 2005-06 to enable students viz. Summer Placement Scheme 2. 576 training programmes were conducted by the TE for 14.com www. Lucknow to deliberate on the emerging training needs of co-operatives.81 The first All-India Conference of Principals and various R&D activities. which could be introduced for the benefit of its constituents. Guwahati. During the year. A Certificate course for BC/ BF was launched in collaboration with Bank of Baroda 2. Unauthorized Distribution Prohibited. During the year. ISI Emerging Markets. 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. . Lucknow. Training Activities 2. the Regional Training Centres at Bolpur and Mangalore and BIRD. 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). Downloaded by in-spjainmr from 115. to be associated with various projects/studies taken up by NABARD in agriculture and rural sectors.sansco. products and services. an amount of ` 15. Departments involved in rural development.reportjunction.58 crore was utilised from the Fund during the year for capacity building of the staff of RFI.6). 'Comparative study of performance of Krishna Bhima Samruddhi Local Area D.176.115. DownloadPDF. in the days to come.net v.www. A programme on credit aspects of rural development was conducted for the officials of KVK/ vi. Lucknow RTC. implemented selected from reputed agriculture and management institutes. development of reading material in local languages and other relevant issues.6: Training of RFI Personnel (Number) Institute 2008-09 BIRD.77 Apart from extending grant assistance for Govt. E. during the year. 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. C. Training and Sensitisation Programmes 2.82 Two studies. Other Developments 2. 2. Lucknow. It also supplements the efforts of other training institutions by providing technical support.115.79 NABARD provides advanced training to the RFI personnel through its three Training Establishments (TE). viz.78 NABARD continued to provide financial and other support to training institutions like Bankers Institute of Rural Development (BIRD). and Indian Institute of Bank Management (IIBM). An expenditure of ` 0. 70 students were assigned such projects and project reports were received.
2.90 crore for 1019 programmes and 12. the bank provided technical and financial support to 7 JLTC.sansco. Kerala. Trainers Training Programme on Financial Inclusion. In addition. During the year.84 During the year. for the trainers of CTI during the year. Unauthorized Distribution Prohibited. An amount of ` 5. continued its efforts to make the training system of the Co-operative Credit Structure professional. The College also directed its efforts towards women empowerment. NABARD released grant assistance of ` 0. Bengaluru for conducting 21 programmes for 220 participants. for linking their activities with C-PEC. Awareness programme on PostWatershed approaches for Bankers. after which the first SBPC was launched at APCOB-CTI. DownloadPDF. The ACSTI. covering 9121 participants during 2010-11. 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. 2.www. During the year 2010-11. and Rating of MFI. 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). During the year.83 RTC. to these institutions for conducting 451 programmes.176. An Orientation Programme on Official Language for senior officers of NABARD was organised by the College. 2. Sri Lanka. 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.176.reportjunction.85 The C-PEC. Hyderabad. obtained Accreditation from C-PEC. 12 ACSTI and 3 ITI to enable them to improve their training system. Exposure Programme for Financing of JLG. In view of the need for trained officers in co-operatives in the postrevival package era.87 During the year.. Andhra Pradesh and Tamil Nadu. A Training Need Assessment study in West Bengal State Co-operative Bank was completed. Training Institutions.net Bank and Andhra Pradesh Grameena Vikas Bank' and 'CBS implementation in Saurashtra Gramin Bank' were undertaken. the College adopted Sambalpur DCCB in Odisha for providing comprehensive solutions to the DCCB staff.com www. Programme on Treasury Opportunities and Investment Management for General Managers and Senior officers of RRB. Lucknow during the year 2008-09 in collaboration with GTZ (now GIZ). ACSTI of SCB and Integrated Training Institutes (ITI). 5 SCB and 7 DCCB and 8 PACS were enrolled as Institutional Members of C-PEC. The scheme was revised during the year and extended up to 31 March 2013. set up at BIRD. . JLTC and ITI are now eligible for additional assistance from NABARD under the revised scheme.05 crore to NIRB.107 on 2013-09-02 17:18:09 EDT. ISI Emerging Markets. the college also conducted new programmes. 29 Co-operative Training Institutes. 27 Co-operative (ACSTI). viz. Visva Bharati University and five training programmes were conducted during the year.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. Downloaded by in-spjainmr from 115. The College also conducted an on-location induction training programme for the probationary officers of South Indian Bank. Programme on Financial Inclusion. in collaboration with Women Study Centre. The College also organised a Workshop for CEO and Senior Executives of SCB and DCCB of Karnataka. Orientation programme for senior officers and branch managers of co-operative banks.115. out of the Co-operative Development Fund (CDF). Mangalore organised an International Exposure Programme on Micro-Finance for a batch of 14 officers from SANASA Development Bank. 2.115. The Centre also launched the first course of Certified Trainer in Financial Co-operatives (CTFC) during the year for 36 Trainers of CTI. Further. 2.95 crore was disbursed out of CDF. 38 ISIEmergingMarketsPDF in-spjainmr from 115.088 participants during 2009-10. besides an exclusive programme for West Bengal Minority Development and Finance Corporation. RTC Bolpur conducted 15 Orientation Training Programmes for Branch Managers of SCB and DCCB and a new programme on MicroFinance. BIRD conducted a Training of Trainers programme on Standardised Banking Programme for Co-operatives (SBPC). as against ` 3.107 at 2013-09-02 17:18:09 EDT.
107 at 2013-09-02 17:18:09 EDT.47) 50 55 40 45 45 50 40 45 40 45 35 40 Arunachal Pradesh.31) 34196 (99.107 on 2013-09-02 17:18:09 EDT.sansco. West Bengal.70) 24715 (96. Downloaded by in-spjainmr from 115. Mizoram.2). Jharkhand and Chhattisgarh.reportjunction.2 The total financial support extended by (a) providing refinance support to State Co-operative Banks (SCB). . State Co-operative Banks i.www.1).98 per cent over 2009-10 (Chart 3.115. Short-Term Refinance 3.4 The refinance assistance to co-operative banks for ST-SAO was linked to Net NPA and level of Table 3.27 per cent respectively (Table 3. RRB.483 crore.115. Regional Rural NABARD during 2010-11 stood at ` 60. Odisha.40) 17212 (87. This chapter details the business operations and achievements of the Bank during the year.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. ISI Emerging Markets.net III Business Operations The business operations of NABARD comprise 3. (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. Table 3.3 The Short-Term Seasonal Agricultural Operations (ST-SAO) for refinance in terms of credit limits sanctioned and maximum outstanding.com www. Meghalaya. Eastern Region: Bihar. Manipur. Assam. DownloadPDF. 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. registering a growth of 5. Support for Seasonal Agricultural Operations NE/Hilly Region/ A & N Islands 3.06) 16352 (89. Uttarakhand.176. SCB & Non-Banking Finance Companies (NBFC). utilisation of the sanctioned credit limit during the previous year by the banks (Table 3. commercial banks.1).73 per cent and 28. Sikkim. Nagaland and Tripura. Production Credit A. for the last five years.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. Himachal Pradesh. Unauthorized Distribution Prohibited. *: Realistic Lending Programme Figures in the parentheses refer to percentage share 39 ISIEmergingMarketsPDF in-spjainmr from 115. Banks (RRB). registered an average annual growth rate of 22. Hilly Region: Jammu and Kashmir.
as on 31 March 2010.sansco. The share of refinance availed by the co-operative banks in the North-Eastern Region (NER) continued to be low despite relaxations. Support for Short Term (Others) banks. Uttarakhand and Uttar Pradesh) accounted for 22. as against ` 177. Odisha and West Bengal) accounted for 12 per cent. Relaxations in NPA norms as extended to the North Eastern regions in the case of ST-SAO were made applicable for weavers also. societies outside the co-operative fold and producer group companies were also brought under the umbrella of refinance through RRB and Commercial 3. 4. Support to Weavers 3. Working capital requirements of weaver members of defunct weaver societies. western (Gujarat and Maharashtra) and central regions (Madhya Pradesh. Unauthorized Distribution Prohibited. were considered eligible.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. iii. handloom weaver groups and master weavers was also linked to Net NPA level.reportjunction. without accumulated losses.00 crore. Puducherry and Tamil Nadu). Kerala. viz. 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.76 crore for credit requirements of tribals under the Development of Tribal Population (DTP). as on 31 March 2009. Those SCB with Net NPA not exceeding 10 per cent. with a utilisation rate of 99. 3. during the last three years. 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. Chhattisgarh. individual weavers. Karnataka. sanctioned to 21 SCB aggregating ` 23. Nagaland and Sikkim SCB were sanctioned credit limits aggregating ` 7.9 During 2010-11.366). Puducherry and Tamil Nadu).net 3. Karnataka.6 SCB in the northern region (Haryana.. SCB in the southern region (Andhra Pradesh.90 crore for the Oilseeds Production Programme (OPP). Short term credit was also available to SCB and commercial banks for financing working capital of for State Handloom Development and production. 14 and 16 per cent.Labour Contract Co-operatives engaged in civil work in rural areas under the ST (others).109 crore sanctioned to 20 SCB during 2009-10. ii. .176. of the aggregate credit limits sanctioned. Odisha (1. Meghalaya. ST (weavers) credit limits aggregating ` 215. The credit limits included ` 2. respectively. Further. ISI Emerging Markets. Consolidated limits were sanctioned to SCB on behalf of the eligible DCCB. Punjab and Rajasthan) accounted for 36 per cent. ` 210.607 Handloom Weavers’ Groups (HWG) were formed by banks in various States. Himachal Pradesh.74 per cent.115.107 at 2013-09-02 17:18:09 EDT.5 During 2010-11.97 crore for National Pulses Development Programme (NPDP) and ` 752. Downloaded by in-spjainmr from 115. Relaxations in NPA marketing of handloom products.www.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.696. were considered eligible for refinance. A consolidated ST (Others) limit was sanctioned to SCB on behalf of eligible DCCB. Scheduled commercial banks having Net NPA of less than 3 per cent.com www.176.32 crore during 2009-10.115. which was fully utilised.72 crore during 2010-11. DownloadPDF. The maximum outstanding was ` 23.107 on 2013-09-02 17:18:09 EDT.249. The assessment norms hitherto followed.75 crore were sanctioned to four SCB (Andhra Pradesh. for different purposes continued.759 crore as against ` 18. mutually aided co-operative societies. procurement requirements Corporations 3. Eastern region (Bihar. 40 ISIEmergingMarketsPDF in-spjainmr from 115.
773 crore under ST(SAO) for RRB. Mizoram.com www.989 HWG have been credit linked.12 During 2010-11.3: 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). as against ` 542 crore in the previous year.5 per cent interest rate for lending to the ultimate borrowers at 7. The maximum outstanding was ` 9.www. accounted for the largest share of credit limit sanctioned.78 crore in the previous year. (272). and other States (43). Of these. Uttarakhand.01 crore was extended to Kerala SCARDB (` 79.03 crore.69 crore were sanctioned to 80 RRB under ST-SAO as against ` 6.799. Karnataka (` 800 crore).sansco. .13 crore sanctioned to 74 RRB in 2009-10. RRB having Net NPA upto 5. ` 201. The aggregate limit for ST-OSAO sanctioned during 2010-11 was ` 600 crore. crore National Development Programme (NPDP).14 crore.115. Uttar Pradesh with a limit of ` 1. 3.107 on 2013-09-02 17:18:09 EDT. Meghalaya. fisheries. ISI Emerging Markets. as against ` 180. Assam Jharkhand Uttar (500).174. West Bengal (88). The maximum utilisation was ` 598 crore (99%).31 crore for Oilseeds Production Programme (OPP). forming 99 per cent of the limit sanctioned during 2010-11. 904 Rajasthan crore) and 1. The details are given in Table 3.10 The scheme of extending ST refinance to State Co-operative Agriculture and Rural Development Banks (SCARDB) for SAO was continued during the year. Refinance of ` 140. Jharkhand and Chhattisgarh *: Realistic Lending Programme Eastern Region were sanctioned credit limit of ` 37.72 crore. c. Regional Rural Banks 3. of which RRB in Assam. followed by Andhra (` Pradesh (` 1.220).0 per cent were eligible for refinance.20 of Tribal for Population Pulses (DTP) and 3. Himachal Pradesh.176. Downloaded by in-spjainmr from 115.11 The quantum of refinance to RRB was linked to Net NPA and utilisation of the sanctioned credit limit during the previous year.62 crore) at 4. Pradesh Table 3.23 crore for Development ` 16.59 crore). The limit included ` 820. NE: Arunachal Pradesh.703. DownloadPDF. Manipur. Assam. 1. approved purposes like production and marketing activities of artisans (including handloom weavers).115.832. Eastern Region: Bihar.316 Kerala (` crore).0 per cent. (1.3. Mizoram and Nagaland utilised 100 per cent. Sikkim. Meghalaya. West Bengal. Unauthorized Distribution Prohibited.net Andhra Karnataka Bihar (82) Pradesh (498). Madhya Pradesh (266). village/cottage/ tiny sector industries. Five RRB in the North 41 ISIEmergingMarketsPDF in-spjainmr from 115. b.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. The maximum outstanding during 2010-11 was ` 198.107 at 2013-09-02 17:18:09 EDT.reportjunction.39 crore) and Rajasthan SCARDB (` 60. Nagaland and Tripura Hilly Region: Jammu and Kashmir. State Co-operative Agriculture and Rural Development Banks Eastern Region 3. financing persons belonging to the weaker sections engaged in trade/business/service activities including distribution of inputs for agriculture and allied activities. Odisha.176. limits of ` 9.
Other Initiatives a. announced in the year 2009-10 to those farmers who repaid crop loans promptly within one year of disbursement. co-operative banks and RRB for deploying their own funds for crop loans upto ` 3 lakh per farmer. Aggregate interest subvention of ` 1. Suitable interest subvention was given to NABARD for providing concessional refinance to SCB and RRB at 4. was enhanced to 2.5 per cent per annum was available to public sector banks.4: Rates of Interest on Refinance (per cent) Sl. Unauthorized Distribution Prohibited.reportjunction. b.0 8. an amount of ` 1261. Downloaded by in-spjainmr from 115. which in turn helped lending institutions by declogging their line of credit. Interest Rates on Refinance Assistance 3. Interest subvention for 2010-11 has been estimated at ` 2. respectively.107 on 2013-09-02 17:18:09 EDT.115.5 8. No. GoI Package for Sugar Industry 3.www.Weavers . DownloadPDF.78 crore was provided by GoI to NABARD.0 per cent during 2010-11.176.5 SAO SAO against pledge of securities ST (Others .0 6.14 The continuance of the interest subvention scheme was announced in the Union Budget 2010-11. Interest subvention of 1. Out of ` 383. ` 249 crore was released to 212 sugar mills operating in 11 states. This was to reward prompt payment by farmers. 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 3.2007". co-operative banks and RRB for the year 2008-09.14 crore received from the GoI towards interest subvention.0 * 8.0 per cent interest rate per annum. with a minimum of 6. During the year. .59 crore received from GoI towards interest subvention.OSAO ST .115.220.other than weavers) ST (Weavers .net B. the interest paid on crop loans by such farmers was effectively 5. provided the ultimate borrower got such loans at 7. Additional subvention of one per cent.0 per cent.94 crore was disbursed to 77 co-operative sugar mills in Maharashtra and Odisha.176.5 per cent interest rates.0 8. Table 3.Working capital requirements of SHDC MT (Conversion) loan LT loans to State Governments SCB & Scheduled Commercial Banks SCB/RRB State Governments 3.0 per cent 42 ISIEmergingMarketsPDF in-spjainmr from 115.5 8.5 8. 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 .40 crore was disbursed for 2009-10.com www. Out of ` 170.15 NABARD continued to act as the nodal agency for the GoI package for restructuring of term loans of co-operative sugar mills. c.sansco.0 per cent below the rate fixed for ultimate borrower.000 crore.16 The rates of interest on Short Term/ Medium Term (ST/MT) refinance to Co-operative Banks. ISI Emerging Markets.4. Interest Subvention to Farmers 3. ` 169.0 per cent and 4. Thus.Financing of Primary Weavers Cooperative Societies ST.107 at 2013-09-02 17:18:09 EDT.Primary and Apex/ Regional Weavers’ Cooperative Societies) ST .0 8. Purpose 1 2 3 4 5 6 7 8 9 *: Agency SCB/RRB SCB SCB SCB Scheduled Commercial Banks RRB Interest Rate 4/4.
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
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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
*: 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,
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.
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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
*: 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
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7 25.4 8.00 1975.11 9.00 1173. respectively.reportjunction.00 63.9 0 26.64 crore.4 6.sansco. NABARD is the nodal agency for various Capital Investment Subsidy Schemes (CISS) of the GoI.00 698.2 9.00 1168.26 Since 1999-2000.0 100.00 187.0 172. with a total financial outlay of (i) (ii) Construction of cold storages and onion godowns. (vi) Schemes on Animal Husbandry a. grading and standardization.56 999.12 2706.36 2026.107 at 2013-09-02 17:18:09 EDT.6 1.39 402. During the year.5 6.9 15.3 24.3 1.00 10535.5 14.00 25.79 28.00 170.29* 100.1 2.15 489.00 176.00 crore.3 Target 909.63 2545. (v) Bihar Ground Water Irrigation Scheme.00 2010-11 Disb 920.25 During the year.115. (iv) Establishment of Agri-clinic and Agri-business Centres (ACABC).35 crore and ` 153.00 795.85 949. In all.73 303. Scheme for Poultry Estates and Mother Units for Rural Backyard Poultry.00 2009-10 Disb 496.03 Share % 5.84 3446. and Scheme on Pig Development G.00 374.00 3135.00 38.6 0.30 3173.37 47.00 976.54 298.9 5.1 18.50 3465.22 1.00 2852.68 1.9 0. f.67 1714. DownloadPDF.64 crore. The disbursement during 2010-11 was ` 14.00 803.0 0.1 579. (iii) Development/strengthening of agriculture marketing infrastructure.62 725.4 Target 660.1 362.61 295.00 91. Utilization of fallen animals. for routing subsidy.00 301.00 266.00 2466. MoU were executed with 27 banks. Integrated Development of Small Ruminants and Rabbits.0 14.176.40 12.00 377. Co-financing 3.03 581. Cumulative sanctions and disbursements were ` 240.115. ISI Emerging Markets.6 0.00 141.00 322.41 6.1 2.7: 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.3 100.00 2194.00 2008-09 Disb 545. MoU for co-financing was executed with 5 RRB in Andhra Pradesh and a commercial bank.45 918.79 54.0 10535.98 Share % 6. three new projects were sanctioned.00 288.00 1817.46 3.0 331.2 3.00 2857.08* 1.70 77. .Action Plan SHG Others Total 63.22 151. d.00 125.1 13. Male buffalo calf rearing.82 12009.00 12980.79 228. Unauthorized Distribution Prohibited.5 143. and ` 840.00 149.com www. Capital Investment Subsidy Schemes 3.00 326.99 2.8 2.00 1066.35 6. The number of ongoing projects are 37.00 649. taking the cumulative number of sanctioned projects to 51.00 274.94 2620.00 570.0 11300.00 3115.57 5. c.7 4.40 349.00 52. monitoring progress and co-ordinating with bankers & the GoI in respect of the following: 46 ISIEmergingMarketsPDF in-spjainmr from 115.www.3 1.8 0.66 Share % 4.00 230.00 13485.01 201.00 130. Downloaded by in-spjainmr from 115. Construction of rural godowns.6 2.9 25.69 1762.net Table 3.107 on 2013-09-02 17:18:09 EDT.3 28.1 997. b.00 132.8 0.94 1514. Establishment/modernization of Rural Slaughter Houses.176.56 3.87* *: Includes ST-SAO refinance released to SCARDB F.7 0. e.0 0.
The number of projects sanctioned under Cold Storages. were considered and subsidy of ` 274. promoted commenced by from the Planning to 2009-10 Table 3.15 crore was released to 14 states. Unauthorized Distribution Prohibited. 2004. 390 projects were sanctioned under the scheme involving TFO of ` 28.sansco. 4. of Projects 93 2159 2010-11 TFO 200.reportjunction. 1 2 Cold Storage Rural Godowns Facility No.com www. of Projects 1944 19715 Cumulative TFO 3100. During 2010-11. agriculture sector.www. Downloaded by in-spjainmr from 115. grading. to create scientific storage facility for farmers to avoid wastage.02 244 *Capacity: Lakh Metric Tonnes TFO: Total Financial Outlay 47 ISIEmergingMarketsPDF in-spjainmr from 115.912 crore and ` 1.84 crore were considered and subsidy of ` 83. operationalised since October crore was released. NABARD ceased to be associated with the implementation of the scheme from 1 May 2010 onwards.97 crore.27 The scheme was launched in 1999-2000 to promote creation of cold storage and scientific storage facilities for horticultural produce.28 70.115.86 No. During the year. The guidelines of the scheme were revised during the year for widening the list of eligible candidates. Being linked to the amendment of the Agricultural Produce Market Committee (APMC) Act to (v) Bihar Ground Water Irrigation Scheme 3.176. enhancing the capital subsidy to 36 per cent of the TFO for general category agri-preneurs (44% for SC/ST. GoI.37 Bank Loan 1758.35 550.107 at 2013-09-02 17:18:09 EDT.115.28 The Scheme was launched by the GoI in April 2001.107 on 2013-09-02 17:18:09 EDT. . (iv) Agri-Clinics and Agri-Business Centres 3.17 2915.79 Bank Loan 123.83 Cumulative Capacity* 83. Grading and Standardization 3. No.03 crore was released. product deterioration and distress sales.8. (i) Cold Storages and Onion Godowns 3. respectively.84 Subsidy 56.94 4349. 654 projects with Total Financial Outlay (TFO) of ` 978.49 crore was disbursed for 110 projects. NABARD continued to associate with the Scheme in administering the subsidy.02 crore.38 (iii) Agricultural Marketing Infrastructure.29 The Scheme.176.51 411. the scheme is implemented in those States that have carried out market reforms.86 649. involving a TFO of ` 7. As advised by the GoI.91 Subsidy 499.492 units involving TFO and bank loan of ` 2. Cumulatively. Cumulatively. standardization and quality certification of produce for agriculture and allied sectors. aims at establishing/strengthening infrastructure for marketing. DownloadPDF.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 3.8: Details of Projects Sanctioned under Cold Storages and Rural Godowns (` crore) Sl. Scheme. a subsidy of ` 1. NE and Hill States) and dispensing with the interest subsidy.45 crore and bank loan of ` 639.31 The Commission.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. Onion Godowns and Rural Godowns are detailed in Table 3.75 crore and bank loan of ` 6. bank loan of ` 22 crore and subsidy of ` 5.922. ISI Emerging Markets.62 crore.
The scheme was to be implemented in all the districts of Bihar through CB and RRB.com www. an amount of ` 48.67 crore.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. The units will be eligible for interest free loans upto progress of the scheme. under Million Shallow Tubewell Programme (MSTP) that was closed on 31 March 2007. subsidy amount of ` 1. As on 31 March 2011. Scheme Estates for and Establishment Mother Units of for Poultry Rural Backyard Poultry 3. of (a) Establishment/Modernization of Rural Slaughter Houses. (vi) Schemes on Animal Husbandry 3. .reportjunction.00 crore would be available under the scheme. The Minor Water Resources Department. Under this scheme.33 The Scheme is being implemented on a pilot basis in three states. Govt. As on 31 March 2011. Non-Governmental Organisations. Dairying and Fisheries (DAHDF). Andhra Pradesh and Meghalaya for establishing/ modernizing slaughter houses in rural areas. 48 ISIEmergingMarketsPDF in-spjainmr from 115. MoA.28 lakh ha. is the nodal department for operating these schemes. three animal husbandry schemes. All these schemes will be implemented during the remaining period of XI Five Year Plan (2010-11 & 2011-12). The back ended subsidy at 45 per cent of the project cost is to be released by NABARD through the financing banks.115. besides providing refinance support to the eligible financing institutions for the term loan. Unauthorized Distribution Prohibited. (b) Scheme for Pig Development and (c) Utilization of fallen animals were launched by GoI during JulyAugust 2010.. ISI Emerging Markets. an advance subsidy amount of ` 0. In addition.115..www. 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. with emphasis on hygiene. Scheme for Rural Slaughter Houses 3. banks and other participating agencies. inputs supply and marketing arrangements are provided. As on 31 March 2011. of a. where all common infrastructure facilities. DownloadPDF.107 at 2013-09-02 17:18:09 EDT. Downloaded by in-spjainmr from 115. (a) Male buffalo calf rearing.sansco.176. Credit linked back ended subsidy upto a maximum of ` 2. viz. of Bihar is the nodal implementing department with the active support of NABARD.. The Department of Animal Husbandry. GoI. 25 per cent viz. Uttar Pradesh. utilizing the balance amount of ` 231. 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.10 crore was released for establishment of one poultry processing unit under the scheme. viz. pollution control and value addition.net provide irrigation facility to 9. Scheme for Integrated Development of Small Ruminants and Rabbits 3. subsidy NABARD will be administering the interest and capital subsidy and monitoring the c. b.64 lakh private shallow tubewells / dugwells with pumpsets over a period of three years. agricultural land in Bihar by installing 4.107 on 2013-09-02 17:18:09 EDT. Small of the outlay (33.32 Three (b) animal husbandry schemes.35 The Scheme aims at establishing poultry estates having upto 100 broiler/layer units on the lines of industrial estates. identified by the SLSMC act as facilitators for organizing and training the beneficiaries.34 The Scheme aims to improve the quality of the existing breeds and to promote rearing and breeding on commercial basis.59 crore was released for establishment of 304 Sheep/ Goat rearing units under the scheme. Two pilot projects are proposed under the Scheme and preference is given to States that provide land and infrastructure for this purpose.30 crore was released to banks implementing the scheme.176. coordinating with local Animal Husbandry Department and banks and arranging for inputs and marketing of the animals.
West Bengal and Nagaland. Under the Scheme. 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.37 During 2010-11. Dairying and Fisheries (DAHDF). 49 ISIEmergingMarketsPDF in-spjainmr from 115. proper disposal of carcasses of animals is mandatory. aims at improving the quality of hides and skins from fallen animals and to convert other by-products into value added items. NGO.49 crore was released for establishing 239 pig rearing units under the scheme.107 at 2013-09-02 17:18:09 EDT. An indicative unit cost of ` 6. As on 31 March 2011.reportjunction. Madhya Pradesh. 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.com www. subsidy of ` 1. 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. to be routed through NABARD.33 per cent in NE States. launched during 2010-11. . MoA. Scheme for Utilization of Fallen Animals 3. Back-ended capital subsidy at 25 per cent of the outlay (33.115. Downloaded by in-spjainmr from 115. It also aims at reducing/checking environmental pollution and bird hazard to aircrafts. NABARD will be administering the capital subsidy in respect of establishing bone crushing units. 100 per cent interest subsidy on short term loan will be provided for rearing of male buffalo calves (1 to 9 calves). corporate bodies to rear male buffalo calves for meat production and recovery of hides. Scheme for Pig Development 3. DownloadPDF.net 50 per cent of TFO. The Department of Animal Husbandry. ISI Emerging Markets. the Scheme GoI to assist farmers. Under the Scheme for the establishment of Carcass Utilization Centre (CUC) and Bone Crushing Unit.36 Under the rural backyard poultry component of the scheme. two poultry estates have been sanctioned in Odisha and Sikkim. was launched by professionals and f.176. Solar System in case bank loan component is involved. 3. will be provided as back of the ended capital will subsidy.176.115. 90 per cent and 50 per cent respectively. As on 31 d. GoI has sanctioned 622 MU in Kerala.www. GoI.107 on 2013-09-02 17:18:09 EDT. 25 per cent (33. respectively. During the year. scheme.sansco. facilitate Implementation scheme compliance to the Infectious & Contagious Diseases in Animal Act. 2009 wherein. Bihar. including Sikkim and hilly areas) is made available for establishment of commercial and industrial units. Andhra Pradesh. is the nodal department for operating the scheme.38 With a view to encouraging commercial pig rearing by farmers to improve performance of native breed through during cross the breeding. Unauthorized Distribution Prohibited.400 per calf would be provided by banks as short term loan for rearing the calf up to its marketable age (12 months). year a scheme Under was the launched 2010-11. e. Scheme for Salvaging and Rearing of Male Buffalo Calves March 2011. 3.39 The Scheme.33% in NER.
and market infrastructure. Rural Godowns 3. of India had launched a subsidy based National Project on Organic Farming (NPOF) in 2005 for commercial production of organic hatchery. and provides for routing capital subsidy and subsidised interest on bank loans through NABARD. . especially those near the Gulbarga city.sansco.. on an automatic basis. Downloaded by in-spjainmr from 115.45 crore (as on 31 March 2011). Banks are eligible to avail of hundred per cent of the loan outstanding as refinance from NABARD. preference may be given to those farmers who have smaller sized godowns. 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. GoI launched a subsidy linked credit scheme on 1 November 2010. 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 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.987 units.www.107 at 2013-09-02 17:18:09 EDT. Large godowns. a. kerosene and diesel with solar energy to meet energy requirements. Govt. The report suggests that while scrutinising the proposals under the subsidy scheme.176.51 crore from GoI. seven evaluation rural studies covering agricultural investments.43 In Andhra Pradesh. The scheme covers projects. As on 31 March 2011. the evaluation study on rural 3. DownloadPDF. specifically approved by MNRE. bio-fertilizers units-36 and fruit & vegetable waste 50 ISIEmergingMarketsPDF in-spjainmr from 115.61 crore was released for establishing 8. 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.176. viz. 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.41 The Ministry of Agriculture. a subsidy amount of ` 3. The Project is being implemented by NABARD and National Centre of Organic Farming (NCOF). However. Workshops were organised to popularise the scheme. at an interest rate of 2 per cent per annum.reportjunction.42 During four the year.115. Evaluation Studies 3.115.com www. were either rented out to Karnataka SWC or to other farmers.net (vii) Scheme for Installation of Solar Offgrid & Decentralised Applications under Jawahar Lal Nehru National Solar Mission 3. agri-clinics agri-business centres and solar home lighting system. 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. (viii) National Project on Organic Farming 3. H. vermiculture fruit and vegetable waste compost units.40 The Ministry of New and Renewable Energy (MNRE). Unauthorized Distribution Prohibited. Regular repayment of loan was reported in 29 out of 56 sample cases. godowns was conducted in Bellary and Gulbarga districts. inputs like bio-fertilisers.107 on 2013-09-02 17:18:09 EDT. ISI Emerging Markets. were conducted. Utilisation of godown capacity was hundred per cent in both Bellary and Gulbarga districts. A total of 676 units (vermi-hatchery units627. the vermi-hatchery component of the scheme was discontinued with effect from 11 August 2010. godowns. against receipt of ` 12. compost units-13) have been sanctioned with net subsidy release of ` 12.44 In Karnataka.
maize processing units and maize drying units. b. DownloadPDF. rice sortex plants and combine that harvesters.5 per cent. increasing the holding capacity of the farmers and getting higher prices through storage. particularly wheat and paddy. The units were sanctioned bank loan ranging between ` 5 lakh and ` 10 lakh. All the sample agri-preneurs received 2 months training from Indian Society of Agri-business Professionals (ISAP) under the scheme. This has attracted more number of farmers for cultivation of kinnows. The waxing units had improved price realisation for 3.47 The evaluation study of AMI scheme in Punjab covered investments like units for cleaning and waxing of ‘kinnows’.sansco. ` 1. the infrastructure created under the AMI scheme has helped the farmers in selling their produce in bigger market areas.48 An evaluation study on Agri-Clinic and Agri3.176.. Small and marginal farmers remained out of the domain of such infrastructure and had to continuation of the scheme. poultry. respectively.net created. The agri-preneur units were able to attract farmers by providing good quality inputs. who were either large farmers or established entrepreneurs . covering major activities such as combine harvesters. Gross income per unit from cotton ginning units was ` 0. Combine harvesters played an important role in reducing the cost of harvesting. etc. the net gain to a farmer due to use of hired combine harvester was estimated at ` 2. seed units and APMC regulated markets.www. 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 cash accruals were ` 726. with a potential to construct storage godowns. The report specially recommends 3. The study report recommends that infrastructure for marketing of produce from allied activities like dairy. mainly on account of savings in labour cost. The agribusiness centres have been successful in imparting 51 ISIEmergingMarketsPDF in-spjainmr from 115. Their annual turnover ranged from ` 12 lakh to ` 1 crore.reportjunction.107 on 2013-09-02 17:18:09 EDT.064 and ` 886 per tonne.176. Unauthorized Distribution Prohibited. There is a huge storage gap. and consultancy services. ISI Emerging Markets. study of AMI scheme in Agri-Clinic and Agri-Business Centers 3.115. needs to be developed to augment the area under integrated farming.23 crore for processing units. fisheries. Agricultural Marketing Infrastructure depend on commission agents and midddlemen. with an average profit margin of around 10 per cent.5 per cent to 13. The study suggested the need to modernise old cotton ginning and processing units in the State. followed by paddy in Gulbarga district. . while it was ` 0. floriculture. 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.43 crore.107 at 2013-09-02 17:18:09 EDT.46 The evaluation Business Centers (ACABC) was conducted in had Maharashtra covered investments such as combine harvesters. The rate of interest charged by banks ranged from 9. Himachal Pradesh. Rice sortex plants had enhanced the export of basmati and long grain non-basmati rice from Punjab. seed processing and cotton ginning and pressing units. c.45 An evaluation study of the Agricultural Marketing Infrastructure (AMI) scheme was conducted in Andhra Pradesh. The monthly rent charged by farmers was ` 8 to ` 10 per quintal. kinnows and enhanced shelf life of fruits.com www. At farm level. Downloaded by in-spjainmr from 115.115. In general.400 per acre. for paddy processing units. especially fertilisers and pesticides. providing quality advice to the farmers regarding proper use of inputs. The study findings indicated infrastructure developed under the scheme benefitted owners.
etc. etc. During 2010-11. Due to installation of SHLS.www. to estimate the benefits accruing from the investment.115. under land developement. etc. its importance in the state/districts. repayment performance.80 crore birds being financed during 2010-11.950 person days per year was estimated for inputs supply units. seed preparation. The only concern about the SHLS was the nonavailablity of after-sales-service. Highest employment generation of 10. Solar Home Lighting System 3.532 units in the state as relief measures. During 2010-11. beneficiaries. and is based on the potential for the activity. Relief Measures for Poultry Units in West Bengal 3.51 The refinance disbursement supporting varied economic activities under various types of investments during the year are presented in Table 3. Tractor financing continued to be a major item of investment under farm mechanisation with 49. Under minor irrigation. K. the quality of life had improved like for the sample washing during the year. ISI Emerging Markets. . d. The agri-preneurs may be given preference over other general candidates for issuance of dealership licence for fertilizers.000 tubewells with pumpsets and 22. an area of 38. There were other benefits like children being able to study during the night.. Under the animal husbandry sector. insecticides. utensils..sansco.com www. Physical Achievement services for identification of prospective borrowers and for appraisal of loan applications. an amount of ` 1.107 at 2013-09-02 17:18:09 EDT.000 pumpsets on existing wells were financed pesticides.115. 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. etc.reportjunction.000 units financed during the year. use of mobile rechargers using solar power. Specific Studies (ISS) to identify the problems at the field level in the implementation of schemes. DownloadPDF. could be carried out even during night. thus leading to an increase in the production per hectare and farm incomes.46 crore was released to 12 PCARDB. banks may engage them as Business Correspondents and use (BC) their and Business Studies (SS) was introduced from 2010-11. Facilitators (BF) technical/advisory J. Conduct of Special 52 ISIEmergingMarketsPDF in-spjainmr from 115. dairy farming and sheep/goat rearing showed an increase of 5.176. Investment Specific and Special Studies West Bengal by way of interest subvention @ 4 per cent p.12 lakh animals. During 2010-11.50 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. fodder cutting. Unauthorized Distribution Prohibited.107 on 2013-09-02 17:18:09 EDT. covering 17. was developed.a on the outstanding non-overdue term loan 3.9. The study suggests that in order to ensure long-term viability and sustainability of agri-preneurs. 3.000 ha. many chores cooking.net knowledge to the farmers on the new and scientific methods of farming.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.176.52 The Government of India announced relief measures to the poultry units affected by Avian Flu in I. 20. Downloaded by in-spjainmr from 115. 7 DCCB and one RRB. The poultry sector showed good growth with 2. the emerging areas and the need for such studies.
Brackish Water Aquaculture iv.107 on 2013-09-02 17:18:09 EDT. wasteland and farm development.711 3. storage/water harvesting tank.176.387 1660 2109 2522 1973 3425 1.319 1641 2095 2491 1936 3356 2011 Cumulative Units Completed (upto 31 March) 2010 2011 iii. etc. 11. ‘000 ha. 22097 73866 5389 416 8558 15578 iii. $ : Includes bullock pairs. 1.805 5.107 at 2013-09-02 17:18:09 EDT.500 1. 10.469 1. but not likely to have been completed.094 73. AEZ. Mechanised Boats Other Boats No.9: Units Financed and Completed under Refinance Support Sr.440 163 758 2. ‘000 animals ‘000 animals 000 animals lakh birds 1. ACABC.700 18. camel carts.368 15. bullock carts.621 2. 14.net Table 3. ha. Kisan bikes. 12.21. vermiculture. deepening/ renovation of wells. Others ** 2. gobar gas plants. drip.084 18712 3932 16270 38572 1719 2278 iii. ISI Emerging Markets.21.096 2. Land Development*** Farm Mechanisation i. other activities under AH.712 2. Investments No.984 18899 3665 16500 39031 1728 2309 1. 8.299 1.549 15. shallow tubewells/ million shallow tubewell programme.318 413 8.526 16.115. Pumpsets on existing wells iv. pipeline.640 2. pump house. ** : Includes dugwells/ dugwells-cum-borewells.083 2. Plantation & Horticulture Forestry Storage Market Yards Dairy Development Sheep/ Goat Rearing Piggery Poultry Fishery i.381 418 8. channels/ lining/ under ground pipeline.65.898 3. SHG.025 5.919 3. lift irrigation.com www. DownloadPDF. Tubewells with pumpsets @ Dugwells with pumpsets * ‘000 ‘000 ‘000 ‘000 ‘000 ha.324 3. No.261 38. 3. Units Cumulative Units Financed (upto 31 March) 2010 1. ii. SRTO.029 1525 170 795 2388 3. Tractors Power tillers ‘000 ‘000 ‘000 ‘000 ha. Minor Irrigation i. ii. Fresh Water Aquaculture 13. soil/water testing.559 16. 5. 7. SC/ ST Action Plan.997 1489 165 787 2338 2.sansco. Other farm equipments 4. compost/ manure plants. It is possible that some of the units have turned out to be infructuous or remained incomplete beyond their normal gestation period. P: Provisional Note: While estimating the completed units.274 2.777 75.758 1. camels.reportjunction. Downloaded by in-spjainmr from 115. contract farming.882 3. * : Includes dug-cum-borewells with pumpsets. Unauthorized Distribution Prohibited. appropriate adjustments have been made for units financed upto March 2011. sprinkler.keeping. saline/ alkaline soil. ii.115.176. . Non-Farm Sector Miscellaneous$ @ : Includes borewells with pumpsets. deep tubewells with pumpsets.031 38.476 168 766 2. 9. *** : Includes soil conservation. 6. bee.882 22780 75086 5389 421 8721 16255 22.www. etc.224 ETP : Entire Trans-Planting. 53 ISIEmergingMarketsPDF in-spjainmr from 115. ‘000 ‘000 22.800 18.66.703 1. ‘000 ETPs ‘000 tonnes No. sericulture. dugwells with conventional lift.
soil conservation. plantation and horticulture.54 Domestic commercial banks contribute to the RIDF to the extent of their shortfall under priority sector lending to agriculture. ISI Emerging Markets.176. infrastructure for Information Technology in rural areas. Downloaded by in-spjainmr from 115. Started with ` 2. Rural Infrastructure Development Fund (RIDF) was instituted in NABARD during 1995-96.34.com www.net Rural Infrastructure Development Fund 3. 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.56 Agriculture and Allied Sectors These include irrigation projects. reclamation of water logged areas. stood at ` 1. and construction of ‘anganwadi’ centres.reportjunction.176. agriculture and horticulture farms. riverine fisheries. especially for girls and "Pay & Use" toilets in rural areas. DownloadPDF.107 on 2013-09-02 17:18:09 EDT. existing schools.000 crore during 1995-96 (RIDF I). testing laboratories. marketing infrastructure.500 crore. The total allocation for RIDF. Unauthorized Distribution Prohibited. seed.sansco. a separate window was introduced in 2006-07 for the funding rural roads component of the Bharat Nirman Programme. as stipulated by the RBI. infrastructure for rural education. grading/certifying Rural Road under RIDF 54 ISIEmergingMarketsPDF in-spjainmr from 115. and setting up of KVIC industrial estates/centres. the annual allocation to the Fund has now reached ` 16. construction of toilet blocks in A. Broad Sectors/ Activities 3.www.500 crore. as on 31 March 2011.115.16. market yards. Funding 3. Additionally. watershed. with allocation of ` 18.000 crore during 2010-11 (RIDF XVI).55 The broad categories of projects covered under the RIDF are: (i) 3. animal husbandry. hydel projects (upto 10 MW). desalination plants in coastal areas. B.53 Development of rural infrastructure is imperative for agriculture and overall economic growth as also improving the quality of life. fishing harbour/jetties. flood protection. till 2009-10.115. public health institutions. village knowledge centres.000 crore. (iii) Rural Connectivity 3. cold storages. forest development. thus. The loans are provided at 95 per cent of project cost for all states.57 Social sector includes drinking water. 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. . (ii) Social Sector 3. taking the cumulative allocation to ` 1.107 at 2013-09-02 17:18:09 EDT. godowns. mechanisms.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.
Downloaded by in-spjainmr from 115.314.8 3.137.7 0.85 2.59 2.2 33.10: Sector-wise Projects and Amounts Sanctioned (As on 31 March 2011) (` crore) Sector No.44.32 6.6 100.44.0 No projects RIDF I to XVI (Cumulative) Share in total projects (%) 52.213.176. as at end-March 2011.304 11 2.5 29.2 0. ISI Emerging Markets.5 19.Sanctions and Disbursements 3.58 2.138.80 18.604.99 17.reportjunction.314.02 39. disbursements were made to the tune of ` 12. As per the phasing of projects under various tranche (RIDF I to Table 188.8.131.52 per cent.0 5.40 crore. rural road projects accounted for 33.40 55 ISIEmergingMarketsPDF in-spjainmr from 115.21. followed by Irrigation (30.656.152 12.10 29.369 7.675.40 crore.779 projects involving loan amount of ` 18. Of the total amount sanctioned during the year 2010-11.0 1.427 14.387 761 28.9 11.6%) (Table 3.60 The State governments had a total pool of projects of ` 1.27 14. Sector-wise cumulative sanctions are depicted in Chart 3.0 19.www.3 18.88 crore were sanctioned under RIDF XVI.160 85.22 158.888.sansco.600. RIDF Operations.176. Unauthorized Distribution Prohibited.04 crore.59 During 2010-11. of projects RIDF XVI (2010-11) Share in total projects (%) 45.3%).3 11.0 Irrigation Rural Bridge Rural Roads Social Sector Power Agriculture related Total 18.34 3.107 on 2013-09-02 17:18:09 EDT.77 11.107 at 2013-09-02 17:18:09 EDT. Tranche wise position of sanctions are given in Chart 3.76 2.7%). under various tranche (RIDF I to XVI).876. as at end March 2011.0 17.5. During the year. 3.784 1. rural bridges (14.162 36. a total of 41.7%).34. taking the cumulative number of projects.1%). followed by irrigation projects (20.115.com www.2 100.10).705 80.5 Amount Share in total amount (%) 30. to 4.21.1 14.138.088.2 6. Cumulative sanction.net C. social sector projects (19.5 0.156 41.914. as on 31 March 2011.722 4. DownloadPDF.38 100.060.6 32.162 and cumulative amount sanctioned to ` 1. was highest for Rural roads (32.8 9.0 Amount Share in total amount (%) 20. as on 31 March 2011.1 1.7 100.7 14.888.779 3.888.4. .2%) and others (12.
56 1. The slow pace of utilization of loans under RIDF was due mainly to delay in administrative and technical approval by the State Governments.15 12614.888.net Table 3.44.107 on 2013-09-02 17:18:09 EDT. Unauthorized Distribution Prohibited.22 crore was received as deposits from commercial banks.12). as on 31 March 2011.22 18314. against which disbursements aggregated ` 80.15 12614. the total amount sanctioned (phased) was ` 1.6).18 crore.96 crore.84 Phased 41921.500 4. inadequate budgetary support at State level. During the year. followed by Uttarakhand.24 3731.78 4109.23 crore was received from state governments towards repayment of RIDF loans during 2010-11. Madhya Pradesh and Rajasthan) together accounted for nearly 50 per cent of total disbursements and 47 per cent of total sanctions. Punjab and Gujarat (87%). .162 8310.077.63 crore.44 43.142.16. Haryana and Maharashtra (88%). delay in obtaining statutory clearances and tendering process. was ` 66.40 8310.com www.36 crore.52 1. Meghalaya (90%).00.784.sansco. land acquisition problems. respectively.593.499. 56 ISIEmergingMarketsPDF in-spjainmr from 115.35 15623.047. including Sikkim.36 80.056.115. as on 31 March 2011.00. Closed Tranches (I to X) ii. Tamil Nadu.966.328.176. Six States (Andhra Pradesh.11/Chart 3.293.000 29763 41774 36810 85428 38946 41779 2. aggregated ` 6.064.115. Uttar Pradesh.50 10377. Goa (above 99%).000 1. The state-wise analysis of ratio of disbursements to the approved phasing of sanctions revealed that Mizoram topped with 120 per cent.19 8000. lack of co-ordination among implementing departments.52 9420. Downloaded by in-spjainmr from 115.176.11 58. UP and Jammu & Kashmir (86%) (Table 3. Cumulative amount of loan sanctioned and disbursed to States in the North Eastern region.67 6629. DownloadPDF.reportjunction. an amount of ` 13.61 The cumulative deposits received under RIDF stood at ` 95. ISI Emerging Markets. An amount of ` 5.36 7010.46 13310.107 at 2013-09-02 17:18:09 EDT.064.84 Disbursed 36906.73 8969.24 crore and ` 3. Gujarat.74.09 9252.85 79.50 10377. as on 31 March 2011. D. etc.78 crore (Table 3.46 14726. The details of year-wise and tranche-wise disbursements against deposits received are given in Table 3. of Projects 169662 Sanctioned 41921.www.13.21.499.On-going tranches – RIDF XI to XVI (As on 31 March 2011) (` crore) Amount Tranche i. Deposits/Repayments 3.11: Tranche-wise Sanctions and Disbursements . Ongoing Tranches XI XII XIII XIV XV XVI Total Grand Total 8000 10000 12000 14000 14000 16000 74.78 84 77 71 70 70 91 75 80 Corpus 42000 No. The total RIDF loan outstanding. Tamil Nadu (89%).42 Percent* 88 *: Disbursed as per cent to phased XVI).
25 12800.sansco.56 67.92 4578.87 7419.78 17517.52 77.60 3293.37 7046.73 357.www.76 1002.36 18500.86 6416.52 1740.52 8916.78 Utilisation (%) 79.78 18500.19 100064.14 3362.23 3498.45 2302.76 10316.82 3114.04 7746.98 2366.55 705.62 297.79 2440.61 5005.80 509. ISI Emerging Markets.79 67.88 8228.27 85.50 E.11 14668.71 326.23 2129.95 3331.18 35074.00 98999.26 54.89 81.98 287.45 2014.56 87. as various constraints are identified.46 9050.98 11943.51 58.107 at 2013-09-02 17:18:09 EDT.24 5445.58 1925.53 200.15 6555.07 78.35 4446.28 3850.12 2816. In-house Monitoring timely completion and quality of assets being created.53 239.82 2019.45 100.20 4906.16 10379.87 1509.48 3616.No.77 78.62 87.41 6298.12 9386. 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 13004.81 2287.115.75 6368.98 4527.26 21905.44 4241.40 75.96 16. NABARD also undertakes monitoring of RIDF projects by exception.40 48. DownloadPDF.71 6090.00 140388.17 2424.04 72.33 79.79 293.90 4058.27 88.83 3103.98 8279.80 80.42 5103.59 1648.21 5674.68 70.59 69.98 474.38 58.85 736.36 67.58 24188. reviewed and sorted out at 3.08 674.59 7166.75 89.37 73.176.26 85.176.97 5336.46 16273.98 329.91 99. This two-pronged monitoring approach results in better implementation of projects.28 85.18 166.02 7541.66 65.36 134.70 90.04 8731.107 on 2013-09-02 17:18:09 EDT.94 1347.48 2403.48 1392.reportjunction.16 7574.77 764.41 83.40 18500.38 588.08 31387.64 21200.48 5197.08 6328.58 385.com www.88 87.85 26742.36 Drawn 8985.18 1389. .28 361.19 1264.78 85.04 371.62 501.58 321.51 5770.61 28323.40 Phasing 11300.99 99.41 7667.44 194.94 3041.02 120.00 118564.53 86. Unauthorized Distribution Prohibited.net Table 3.03 81. Monitoring of RIDF Projects a.94 298.62 The primary responsibility of monitoring of RIDF projects is of State Governments for ensuring 57 ISIEmergingMarketsPDF in-spjainmr from 115.95 2537.84 2954. Downloaded by in-spjainmr from 115.18 80499.00 83.42 72.115.12: Utilisation Percentage under RIDF (I TO XVI) (As on 31 March 2011) (` crore) Sl.24 121888.
568.647.306.13: 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 350.04 1.158.225.00 9. improper opening of the ventilators.15 7.09 2.00 5.63 2.www.18 5.64 4.491. Provision b.46 4.78 XVI Total XV XIV XIII Tranche I II III IV V VI VII VIII IX X XI XII Deposits 1.58 0.27 4.00 9.64 The monitoring visit to poly-house projects in Himachal Pradesh revealed that factors like.54 6.96 4.37 6.060. Monitoring of social sector projects in Karnataka indicated that there were problems of poor maintenance.500.353.638.056.073.00 12.65 3. Unauthorized Distribution Prohibited.71 4.37 4.47 6.176. Department the pace of and State Governments of the for quality project damages.22 95.48 6.308. ISI Emerging Markets.000.129.50 4.43 12. 5.051.95 2.677.85 3.052.78 6.98 8.87 2. heavy rains and lack of awareness among farmers caused Poly Houses under RIDF 58 ISIEmergingMarketsPDF in-spjainmr from 115.590. Standardization of cropping practices and awareness creation among farmers on upkeep of poly-houses were recommended.03 1.857.Feedback 3.72 6.913. time overrun.277.009.04 98.00 6.500.316.63 During the year.63 Disbursements 387.953.718.09 4.500.790. The HPC.00 12.63 Disbursements 1.337.653.115.042.731.43 0.72 3.500.018.85 5. The High Power Committee (HPC) chaired by the Chief/Finance Secretary of the State.176.087.000.42 3.817.00 4.103.482.544.107 at 2013-09-02 17:18:09 EDT.00 3.00 1.64 3.00 10.784.500.092.412.586.007.44 98. .01 3.000.784.313.sansco.222.87 3.445.53 3.458.00 8. Downloaded by in-spjainmr from 115.500.115.553 projects were monitored through field visits.453.054.08 1.02 1.56 2.77 5.reportjunction.397.176.64 7.52 7.107 on 2013-09-02 17:18:09 EDT.42 12.999.916.00 3.438. DownloadPDF.442.966.760.00 8.59 5.85 4.50 2.080.851.12 2.387.64 6.06 4.300.69 6.157. meets quarterly to review the pace of project implementation.369.30 1.837.net Table 3.78 BNP: Bharat Nirman Programme regular intervals. Major observations/issues were taken up with the implementing departments and the Finance improving execution.215.34 1.999.95 2.95 13.922.033.00 7.236.00 95.88 4.32 6.54 4.22 0.49 3.148.com www.466. 3.00 2.06 6.00 8.070. Monitoring Studies . has proven to be an effective mechanism for monitoring and ensuring speedy and timely completion of projects.69 4.
F. officials Finance G.115.11 22315 581. monitoring and evaluation.94 200.67.65 During 2010-11.107 at 2013-09-02 17:18:09 EDT.306. implementing Departments. In addition.00 85. . etc.com www. because of a ban on acquisition. System Improvement to minimise T & D losses (lakh units/ year) Social Sector (People /Students benefited) A. 45 regional awareness workshops have been conducted by Regional of Offices for and State other Government agencies.115. (iii) contribution to the economic wealth of the country (GDP).of jobs) Non Recurring Employment: A. agencies and user groups Table 3.www.No.14: Cumulative Economic and Social Benefits of RIDF Projects S. especially for those states that have comparatively lower off-take of RIDF because of their weak implementing apparatus.78 3. Health Centres (lakh) B. quality testing.83 1167. project identification.30.478. non-availability adequate labour. area survey.) Rural Roads (km) Rural Bridges (m) Gross Domestic Product ( ` crore) Recurring Employment (No. Downloaded by in-spjainmr from 115..811. were land not toilet and water in supply due was to of missing in primary school projects. 1 2 3 4 5 6 Particulars Irrigation potential (lakh ha.40. project design.176. Others (lakh persondays) Power Sector A.43 94. which Hanging Bridge under RIDF involves several processes like. (iv) all weather connectivity/ improved connectivity to villages and marketing centers and (v) improvements in quality of life through better facilities in education.reportjunction. In Haryana. ISI Emerging Markets.00 26. for (ii) the generation rural of employment people.476.00 23. Hydel Power Generation (MW) B. Capacity Building Support 3. health and drinking water supply. etc.00 6. Primary & Secondary Schools (lakh) C.net for electrification. Irrigation (lakh persondays) B. DownloadPDF. through training and capacity building of officials/ staff involved in implementing RIDF. Economic/Social Benefits of RIDF Projects 3.66 Completed projects under RIDF realise the economic and social benefits in terms of: (i) creation of additional additional irrigation potential. completed time non-availability of stone.78 36. forest clearance.45 18.768.sansco. road projects mining.855.396. five Regional Business Meets were organized in five major regions to address various constraints in implementing RIDF. preparing Detailed Project Reports (DPR) mid-term appraisal (both technical and economic).107 on 2013-09-02 17:18:09 EDT.176. Unauthorized Distribution Prohibited. Rural Roads and Rural Bridges (lakh persondays) C. Rural Drinking Water Supply (lakh) MW: Mega Watt T & D: Transmission and Distribution Additional benefits created 164.16 7 8 59 ISIEmergingMarketsPDF in-spjainmr from 115.
107 on 2013-09-02 17:18:09 EDT. . DownloadPDF.www.115.176. ISI Emerging Markets.176. Downloaded by in-spjainmr from 115.15: 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.reportjunction.com www. (` 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.net Table 3.107 at 2013-09-02 17:18:09 EDT.115. Unauthorized Distribution Prohibited.sansco.
etc. Unauthorized Distribution Prohibited.com www.176. An average of ` 6. Wastage in marketing of agricultural produce.2). Accordingly.107 at 2013-09-02 17:18:09 EDT. Non-recurring employment generation was in the range of 823 to 52. Box 3.000 persondays per year and the recurring employment was in the range of 653 to 41. increase in allied activities like dairy. social sectors) on agricultural production and productivity was carried out for Chhattisgarh and Uttar Pradesh. Source : NABARD (2010). increase in crop yield for paddy (4-10%). . Other benefits accrued from the sample irrigation projects were recharge of ground water.14. Downloaded by in-spjainmr from 115. Table 3.107 on 2013-09-02 17:18:09 EDT.38. is in the process of encouraging partnerships and network relations to bring about private sector competence and funds into the realm of rural infrastructure.370 persondays). 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. allied Economic benefits from Rural Water Supply Projects were in terms of time saved (1. Based on the study results/feedback received and in consultation with GoI and RBI. ISI Emerging Markets. the results substantiated that infrastructure projects supported under RIDF have positive impact on agricultural production and productivity. especially perishables was also reduced due to reduction in distance and time in transportation.176. Linkage by roads resulted in convenient access to hospitals. are presented in Table 3.“Infrastructure for Agriculture Development” Occasional Paper-53 61 ISIEmergingMarketsPDF in-spjainmr from 115.000 persondays of non-recurring employment and 930 persondays of recurring employment per year were generated by the sample projects.000 persondays and recurring employment the range of 40 to 2. schools and administration. Other non-tangible benefits like improvement in hygiene and environment were also reported.. Major impact of Irrigation Projects was on increase in cropping intensity (10-42%) and yield (10-50%). In order to leverage private resources and its model (Box 3. availability of drinking water.1 Evaluation Studies on RIDF Projects : Feedback on Benefits Realised An econometric analysis for estimating the effect of infrastructure index (irrigation.net The benefits generated.15 and Box 3. As many as 35. shift in acreage towards cash crops.1.sansco. implementing capacity. banks. DownloadPDF. employment generation. Infrastructure index as an independent variable explained 54-78 per cent variation in agricultural productivity in the two states. Economic impact of Rural Roads & Bridges projects was observed in terms of increase in land prices.115.50.96 lakh was estimated to be the incremental income from enhanced dairy activity. as at end March 2011. increase in employment generation per year (non-recurring employment in the range of 30 to 6.reportjunction. a quick study was conducted by NABARD as well as State Governments during 2008-09. RIDF: Looking Ahead 3. and other vital sectors under RIDF. activities.659 persondays per year for the sample projects. Water availability for animals and savings of time had boosted dairy activity in the sample district. wheat (3-8%) and sugarcane (10-20%). rural connectivity. price of agriculture produce and cropping intensity.87 hours per family) and adequate availability of safe drinking water in schools. Thus. increase in land value. NABARD as part of its repositioning exercise. The Vehicle Operating Cost (VOC) came down due to reduction in distance and improvement in the quality of roads and bridges. NABARD is exploring the possibilities of allowing implementation of specific projects under the public-private partnership (PPP) H.115.www. connectivity.67 Despite funding lakhs of projects in irrigation.
programme management. quality assurance. DownloadPDF.com www. for construction of 1. NABARD will also build-in appropriate “Finance+” services like monitoring. 62 ISIEmergingMarketsPDF in-spjainmr from 115..176. Unauthorized Distribution Prohibited. Depending upon need.00 crore. Special Purpose Vehicles (SPV) set up under the PPP model and private entrepreneurs will also be considered on a case-to-case basis.www. 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.sansco.2 NABARD Infrastructure Development Assistance (NIDA) The first NABARD Infrastructure Development Assistance (NIDA) loan has been sanctioned to the Karnataka State Warehousing Corporation.115.115. to increase the sustainability of the investments in the long run. involving loan support of ` 42.06 lakh MT of storage space in 9 districts of the State. ISI Emerging Markets. The loans will be guaranteed against appropriate security and collateral.net Box 3. including track record for execution of works and delivery of services related to the specific investment being financed. . etc. capacity building.12 crore. Downloaded by in-spjainmr from 115.107 at 2013-09-02 17:18:09 EDT.107 on 2013-09-02 17:18:09 EDT.reportjunction. A dedicated fund “Rural Infrastructure Promotion Fund” has been created during the year with an initial contribution of ` 25.176.
226 22.479 35. are vulnerable to disruptions created by economic shocks.006 99.642 2009 95. The membership as well as borrowing members declined during the year 2009-10.176.2: 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.570 10. Loans issued by SCB decreased by 17 per cent and that of DCCB increased by 26 per cent during the year 2009-10.45 per cent and 27. Rural Co-operative Credit Institutions .848 57.984 25. over the previous year.449 47.47.47 per cent.323 765 11. Kerala (DCCB) and West Bengal.176.5 per cent over the previous year while that of Primary Co-operative Agriculture Rural Development Banks 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.938 58.77 per cent over the previous year (Table 4.264 598 12. capacity NABARD of these endeavours institutions to strengthen through the various developmental and supervisory initiatives to enable them withstand such shocks effectively. increased by about 15 per cent each.107 at 2013-09-02 17:18:09 EDT.221 63 ISIEmergingMarketsPDF in-spjainmr from 115. as on 31 March 2010.764 74.115.272 20.633 1.806 26.334 1.reportjunction. Institutional Development A. Unauthorized Distribution Prohibited.264 lakh. . constituting 47.4 In the Long Term Co-operative Credit Structure (LTCCS). as compared to the previous year.462 31 1.3 An analysis of the financial position of the SCB (PCARDB) marginally increased by 2 per cent during the corresponding period. 4. Both deposits mobilised and loans issued by PACS (as on 31 March 2010) registered an increase of 34.199 2009 370 6.com www.2) indicated that their deposits as on 31 March 2010.938 SCB 2010 P* 31 1.311 23.589 49.286 51.382 DCCB 2010 P* 370 7.1: 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. 1.115.28. Downloaded by in-spjainmr from 115.588 90. 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.950 1.452 22.107 on 2013-09-02 17:18:09 EDT.136.719 1.245 48. respectively.779 48.net IV Capacity Building of Client Institutions The Co-operative Banks and Regional Rural Banks (RRB).Overview a.635 10. The borrowings of PACS also registered only an increase of 5.787 2010 94. the borrowings of SCB increased by 12 per cent Table 4.434 27. and (iii) 2006-07 for Bihar 2008 94. Performance 4.971 64.647 1. ISI Emerging Markets.31 per cent of total membership.www. (ii) 2007-08 for Jharkhand. Loans issued by SCARDB and PCARDB during the year 2009-10 increased by 19 per cent and 13 per cent.256 71. which play a very crucial role in financial intermediation in agriculture and rural development. while the and DCCB (Table 4. DownloadPDF. marginally decreased by 0.1). borrowings of State Co-operative Agriculture and Rural Development Banks (SCARDB).315 794 10.598 1.403 82.23.430 53.sansco.10 1. of which borrowing members were 598 lakh.109 28. respectively.
Tamil Nadu and West Bengal.545 crore.sansco. Sikkim.5). Tamil Nadu. Jharkhand and Kerala (DCCB) * Data for 2009-10 repeated from previous year in respect of SCARDB and PCARDB in Bihar. resulting in a loss of ` 58 crore. resulting in a loss of ` 364 crore (Table 4. Tamil Nadu and Tripura.) 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. 28 out of 31 SCB were in profit 4. 307 earned an Table 4.reportjunction. Tamil Nadu.) In Profit (No. West Bengal. Maharashtra (SCARDB). resulting in aggregate profit of ` 253 crore.. **: Data for year 2009-10 repeated from previous year for SCARDB and PCARDB in the states of Bihar.com www.115. Kerala. Sikkim.6). Odisha. # Data for 2009-10 repeated in respect of SCB and DCCB from 2008-09 in Odisha. from 2007-08 in Bihar. Out of 697 PCARDB. it increased four fold compared to the previous year. while 390 incurred an aggregate loss of ` 518 crore during the year. Unauthorized Distribution Prohibited. Maharashtra (SCARDB). for the states of Bihar.107 at 2013-09-02 17:18:09 EDT. Odisha.107 on 2013-09-02 17:18:09 EDT. i.176. Gujarat SCB in aggregating ` 463 crore while the remaining 3 SCB were in loss (` 210 crore).www. respectively $ : Manipur SCARDB is defunct. resulting in a overall profit of ` 1. Odisha. ISI Emerging Markets. respectively. Eleven SCARDB earned an aggregate profit of ` 97 crore. Puducherry. # : Data for 1 PCARDB and 4 PCARDB in West Bengal not available for 2008-09 and 2009-10. DownloadPDF. 4. Puducherry. (ii) 2007-08 in Bihar. b.net Table 4.5: 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. as compared to 2008-09 (Table 4. While 323 out of 370 DCCB earned profit of ` 1. Puducherry. P : Data provisional 64 ISIEmergingMarketsPDF in-spjainmr from 115. the overall profits of SCB decreased by 22 per cent over the previous year (Table 4. Jharkhand and Kerala(DCCB). Maharashtra (SCARDB).7 An analysis at the regional level showed that during 2009-10. Puducherry and Tripura * : Data for 2009-10 repeated from 2008-09.3: 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.) Profit Amount In Loss (No.4: Working Results of Co-operative Banks (` crore) Agency Year Total (No. over the previous year (Table 4. 4. aggregate profit of ` 154 crore. while eight incurred an aggregate loss of ` 155 crore. Downloaded by in-spjainmr from 115. Tamil Nadu and Tripura @ : Manipur SCARDB is defunct P : Data provisional loans outstanding increased by 4 per cent and one per cent. .021 crore. Kerala.176. Kerala.4).3).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 2010.115. Profits of SCB in Eastern Region marginally improved but in the North Eastern Region. Puducherry.5 Working Results Profitability During 2009-10. 47 DCCB incurred losses to the extent of ` 524 crore.
Amt.58 11.77 43.30 59. in respect of DCCB from Bihar. the non- performing assets (NPA) in absolute terms as well as a percentage to the loans outstanding.18 7.39 14. Uttarakhand.53 523.107 at 2013-09-02 17:18:09 EDT. Unauthorized Distribution Prohibited.97 1812.99 324.08 Recovery (%) (As on 30 June) 2008-09 2009-10* 97.44 453.55 17.com www.22 # data for 2009-10 in respect of SCB in Bihar.54 573.78 97.28 593.43 261. Loss Amt. 113. which had incurred losses in the previous year turned around.48 55.83 92. Amt.93 45. No.63 5125.99 505.115.39 11.56 15.97 83.01 20. Rajasthan. .98 66. 148.26 91.50 2009-10* 365. Karnataka.42 67. # Data for 2009-10 repeated from 2008-09. No. as on 31 March 2010 registered decrease.14 crore in 2008-09 to ` 523. Odisha. Meghalaya. 35.176. 10 SCB (Madhya Pradesh. Himachal Pradesh.115.17 (-)33.13 2009-10* 71.80 72.29 18. Chandigarh.17 74. 4. While 10 SCB (Andaman & Nicobar. Chhattisgarh. the overall profits of DCCB increased in Central and Western Regions but decreased in Northern and Table 4.73 22.87 crore in 2009-10.87 17927.29 49. ISI Emerging Markets.94 321 1602. Downloaded by in-spjainmr from 115. Amt. Nagaland and Tripura SCB in North Eastern Region.89 79.67 5763.45 18. No. Uttar Pradesh.44 3134.14 73 80 64 104 49 65 71 50 95 42 1806.34 10.107 on 2013-09-02 17:18:09 EDT.21 4334.92 469.reportjunction. DCCB Profit Loss Amt.65 Gross NPA 2008-09 347.06 253. Delhi.06 24.82 92. Haryana SCB in Northern region incurred loss during the year.70 67.91 2009-10* 3.47 93.12 43.68 13. At the aggregate level. Amt.36 314.68 16015.05 5.29 753.01 45.16 2268.29 69.81 61. earning profits in 2009-10.32 10.11 76.87 2009 2010 2009 No.94 62. Goa.01 1599. probably due to an improvement in the recovery performance.42 81. Kerala and Odisha 65 ISIEmergingMarketsPDF in-spjainmr from 115.16 36.12 37. Profit No. Andhra Pradesh.77 370 323 1544. Northern Southern Eastern Central Western All-India 73 80 64 104 49 370 69 71 50 90 41 No.12 37.90 86.48 (-)30.03 5.16 NPA as % to loans outstanding 2008-09 3.39 498.70 27.58 1136. Mizoram and Odisha) improved their profit as on 31 March 2010 over the previous year.44 67.80 71.29 4 9 14 14 8 49 27.176.00 77. Manipur and Tamil Nadu) showed declining trend in profits over the previous year. Jammu and Kashmir.23 95.www. No.89 12. Jharkhand.98 5597. Amt.56 64. The number of loss making DCCB decreased from 49 to 47 with the losses doubling from ` 261. Punjab. DownloadPDF.33 8.03 86.67 67. No.36 9.41 63.sansco. Amt.47 510. In the case of DCCB.10 6501.01 447.76 44.44 3357.84 78.57 79.82 4469.02 435.72 17.02 * Data for 2009-10 provisional.66 68.8 At the aggregate level.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.64 607. the number of profit earning DCCB increased but were marked by a decline in their profits during 2009-10.65 321.53 1136.30 1928. Maharashtra.42 9.36 294.24 6.net Table 4.50 125.50 76.6: 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. Puducherrry and Sikkim and West Bengal repeated from 2008-09 * Data for 2009-10 provisonal Western region and Assam.38 8 9 14 9 7 47 No.59 91.
14 23.14 41.48 7. While profits of SCARDB in Chhattisgarh.06 6. 46 236 19 27 2009 2010 Northern 145 Southern 403 Eastern Central Western 70 50 29 145 403 70 50 29 697 1881. 4.reportjunction.93 1724.04 80.27 71.76 1424. Odisha.71 33. Jammu and Kashmir.65 7.05 2287.83 39.60 No.12 368.29 46.www.00 Loss No.26 39.61 4.57 30.13 4867.06 crore (Table 4.81 184.37 66.78 2009 2010 39.73 35. SCARDB in Southern and Western Regions slipped into loss making entities.9) during the year 2009-10.39 16. Karnataka and Maharashtra.15 31.65 2010 898.sansco. Kerala. Punjab and West Bengal Haryana.57 37. Downloaded by in-spjainmr from 115.176.45 2010 50.56 NPA % 2009 13.107 at 2013-09-02 17:18:09 EDT.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.00 (-)2.33 745.61 25 131.25 0.45 56. Uttar Pradesh. Puducherry.9 At the aggregate level. 40 259 28 34 29 203.92 53. recorded a decrease in the level of their profits over the previous year.91 42.04 78.37 35.97 40. Amt.21 77. Odisha. SCARDB incurred loss of decreased.64 37. Amt.29 623.91 Gross NPA 2009 759.18 56.8: Region-wise Working Results of SCARDB *$ (As on 31 March) (` crore) Regions No.61 2.21 46.80 249.65 63.95 (-)1.60 51. .01 390 518.65 34.86 51.48 19.03 207.47 480. profits of SCARDB in Pradesh and Uttar Pradesh Himachal 4. Unauthorized Distribution Prohibited.11 5627.22 303 154.81 4947.10 During 2009-10.00 54. DownloadPDF.32 36.06 (-)49.04 @: Data for 2009-10 provisional.30 All-India 697 343 220.20 95.79 1300.56 20. Gujarat.81 60. 4.02 No.06 40.69 98.11 313. # : Data for 2009-10 repeated from 2008-09 in respect of PCARDB in Maharashtra. 105 144 38 16 0 51.60 24. ISI Emerging Markets.75 614.107 on 2013-09-02 17:18:09 EDT.11 During 2009-10.95 709.31 20. In the NE Region.34 Recovery % to demand 2009 64. Madhya Pradesh. 99 167 50 23 4 72.99 2265.48 40.47 37.115.88 353 342. The percentage of NPA to loans outstanding in all regions improved.78 33.06 4742.08 Loss Amt.39 49.77 16.7).64 15.41 51. While the loss making PCARDB in Table 4.115.19 50.69 1381.73 2010 58. profits of the SCARDB increased in Eastern Region.27 37. Tripura and West Bengal # Manipur SCARDB is defunct Southern Regions during the year 2009-10. except in the Northern Region (Table 4.87 1251.91 crore (Table 4. Amt.176.net Table 4.54 40.98 69. Profit No. Puducherry and Tamil Nadu 66 ISIEmergingMarketsPDF in-spjainmr from 115.9: Region-wise Working Results of PCARDB@ (As on 31 March) (` crore) 2008-09 Region No.99 18.85 42. of Branches 2010 85 35 56 138 349 181 844 Profit/Loss(-) 2009 69. 75.15 48. PCARDB in all regions ` 57. The number of profit making PCARDB decreased to 303 in 2009-10 from 343 in 2008-09.39 2010 15.34 696.11 56.97 20.76 19.22 2010 34.02 (-)3.21 174.45 Gross NPA NPA % to Loans Recovery % Outstanding As on 30 June 2009 35.82 (-)0.51 (-)61. Tamil Nadu. the losses of SCARDB increased.89 22.com www.19 316.8) and PCARDB incurred loss of ` 518.03 (-)57. increased.85 36.73 36. 2009-10# Profit No. The extent of profits of DCCB increased in Chhattisgarh.
04 crore. Uttar Pradesh. In the case of DCCB.115.28 1445. NPA in Eastern (5.16 4438. Assam.93 2146. SCB as a group earned an overall return of 7.13.34 per cent from 30.22 per cent for PCARDB.35 per cent.89%) and Southern (12. Chhattisgarh. . gross NPA was estimated at ` 4. respectively.469.36%) and Central (7. respectively. Unauthorized Distribution Prohibited.176. PCARDB in only 4 States had positive net margin. and these regions had a lower percentage of NPA as compared to the all-India average of 9. Downloaded by in-spjainmr from 115. Kerala.84 28. and marginally increased to 42. improved to 9. as a group. The DCCB.54 20.02 per cent during 2009-10 compared to net margin of 0.30 per cent.91 and 18.57 per cent). The percentage of gross NPA to total loans and advances outstanding in the case of SCARDB.60 1113.39 per cent in the previous year.04 1040. Meghalaya.34 per cent and 0.15 At the aggregate level.03 2081. In the Eastern (9. the overall return on in the Northern Region (3.www.176.25 7084.10.47 ^ Data for 2009-10 Provisional * data for the year 2009-10 in respect of SCB and DCCB repeated from (i) 2008-09 in Odisha. The gross NPA of SCARDB and PCARDB were estimated at `5627.89 per cent and 1. Odisha. resulting in a financial margin of 2. respectively.31 2613.16 The non-performing assets in SCB was the lowest ii 4.22 16015.55 per cent.13 iii. PCARDB in other regions reported increased losses during 2009-10 over the previous year (Table 4.82 per cent).08 per cent during 2009-10.57 per cent during 2008-09. as on 31 March 2010. The average transaction cost and risk cost.56 crore and `4867.78 per cent from 42.7) In absolute terms.56 1188.18%).05%) regions.12 Costs and Margins During 2009-10.sansco.56 2757. SCB in Arunachal Pradesh. Provisions required 2861.net Central Region reported reduced lossess. over the previous year.02 per cent as on 31 March 2009. 4.115.80 per cent during 2009-10. gross NPA was higher than the all-India average. Andaman and Nicobar. Tamil Nadu and West Bengal. Jharkhand and Kerala (DCCB) # Data for the states of Bihar. The average transaction cost and risk cost of SCB during the year worked out to 1. increased to 33. respectively during 2009-10. Bihar. Sikkim. Jammu and Kashmir.82 798.09 5627. SCB as a group earned a positive net margin of 1. ISI Emerging Markets.35 2257. out of 19 SCARDB. Nagaland.16 crore for SCB and ` 16.39 per cent while the cost of funds worked out to 5. Tamil Nadu and Tripura repeated from previous year $ Manipur SCARDB is defunct 67 ISIEmergingMarketsPDF in-spjainmr from 115. as on 31 March 2010.29%) Regions.9). Manipur.6 and 4.47 per cent (excluding miscellaneous income of 2. respectively. as compared to the all India average (13.52 per cent while the cost of funds was 5. DCCB. 4.00%). followed by Southern (5. as a percentage to working funds were 1.14 During the year 2008-09. 13 had positive net margin and the remaining 6 had negative net margin.99 4469. Mizoram. showing an increase of 14 and 3 per cent. yielding a financial margin of 2. as on 31 March 2010.05 per cent.45 crore for DCCB.015. 4. Table 4.25 12300. Puducherry.42%) and and North-Eastern (36.92 6317.00 per cent. SCARDB and PCARDB are given in Table 4.09 per cent (excluding miscellaneous income of 0.08 and 13. Kerala.03%) regions were lower during working funds was 7. DownloadPDF.06%). Western (18. (Table 4. the percentage of gross NPA to total loans and advances outstanding in respect of both SCB and DCCB. from 11.com www. In the case of DCCB. Himachal Pradesh. Non-Performing Assets (Gross) and Recovery Performance 4. Goa and Maharashtra continued to have high levels of NPA.45 10871. Maharashtra (SCARDB). during the corresponding period. Northern (8. (ii) 2007-08 in Bihar.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 1412.17 4867.107 at 2013-09-02 17:18:09 EDT.107 on 2013-09-02 17:18:09 EDT. The asset classification of NPA of SCB.99 3460.reportjunction.16%). registering a decline of 22 and 11 per cent. earned net margin of 1. Chandigarh. Tripura.
Madhya Pradesh. Low recovery performance and its declining trend were recorded by SCARDB in Chhattisgarh. Table 4. Haryana. Rajasthan.88% in 2009-10. Puducherry.115.reportjunction.94 40.61 50. Madhya Pradesh.107 on 2013-09-02 17:18:09 EDT.11: Percentage of Recovery of loans to Demand (As on 30 June) Agency SCB DCCB # SCARDB* $ PCARDB* 2008 84. WB.115. Tamil Nadu and West Bengal.60 4. the recovery of loans during 2009-10 improved to 41 per cent compared to 39 per Pradesh. Haryana. Sikkim. Haryana. Maharashtra.18 The average loan recovery of SCARDB marginally improved from 40.com www.) 2010#@ 47 77 121 124 369 SCARDB (No. Manipur. ISI Emerging Markets. Delhi. Gujarat. as on 30 June 2010. Unauthorized Distribution Prohibited. (ii) 2007-08 in Bihar. . Tamil Nadu and West Bengal. Jammu & Kashmir. Uttar Pradesh.) $ 2009 * 9 2 6 2 19 2010^* 10 4 4 1 19 PCARDB (No. Punjab and Rajasthan. Table 4. # Data for 2009-10 in respect of SCBs and DCCBs repeated from 2008-09 in Kerala (DCCB).www.net 2009-10. Maharashtra and Punjab showed improvement. Kerala. from 73 per cent as on 30 June 2009 (Table 4. Arunachal Pradesh and Tripura had improved their loan recovery performance. as on 31 March 2010. In the case of PCARDB also.176.73% in 2008-09 to 40. @: data for one DCCB in MP not available ^: Data for SCARDB and PCARDB in Bihar. over the previous year. Rajasthan and West Bengal. The loan recovery in respect of PCARDB in Chhattisgarh. SCB in Uttarakhand. The loan recovery of SCARDB in Assam and Uttar Pradesh increased considerably to 36 per cent and 43 per cent. from 2006-07 in Bihar. $ : Manipur SCARDB is defunct. from 31 per cent and 38 per cent as on 30 June 2009.40 40.) 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. as on 30 June 2010. The loan recovery in respect of PCARDB had declined in Karnataka. SCB in Uttar Pradesh.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. The loan recovery of Chhattisgarh SCB increased considerably to 80 per cent from 59 per cent. Haryana.17 The average loan recovery of SCB marginally * Data Provisional for the year 2009-10. while they were very high for DCCB in Jharkhand.59 55. However.) 2010# 4 2 8 17 31 2009 102 82 101 85 370 DCCB (No.48 2010* 91.88 40.90 2009 91. Maharashtra. Himachal Pradesh and Punjab had low levels of NPA. Andhra Pradesh. Tamilnadu and SCARDB in Maharashtra repeated from previous year. from 92 per cent as on 30 June 2009. Himachal Pradesh. Andaman & Nicobar. Meghalaya and Nagaland showed during 2009-10.22 74. The PCARDB in the Southern (48. DownloadPDF. decline in recovery of loans cent during 2008-09. while that of DCCB increased to 75 per cent as on 30 June 2010.27%) regions registered higher levels of recovery. Chandigarh. Chhattisgarh. and 2007-08 in Jharkhand $ Manipur SCARDB is defunct decreased to 91 per cent as on 30 June 2010.176. Odisha. Himachal 4.11). Jammu and Kashmir.107 at 2013-09-02 17:18:09 EDT. Downloaded by in-spjainmr from 115. Assam.Jharkhand and Kerala (DCCB).18%) and Eastern (46.78 72. Sikkim.17 40. Puducherry. Kerala. as on 30 June 2010.73 39. Tamil Nadu and West Bengal. 68 ISIEmergingMarketsPDF in-spjainmr from 115.sansco. Madhya Pradesh.
Data in respect of SCARDB and PCARDB for the states in Bihar. Bihar (1). Tripura (2) PCARDB Chhattisgarh (2).reportjunction. Downloaded by in-spjainmr from 115. Uttar Pradesh. Odisha (4). Gujarat. Punjab (29). Chandigarh. Madhya Pradesh (2). Punjab (28). Bihar (10). Sikkim. Chhattisgarh (4). Bihar. Himachal Pradesh. Haryana (14). Karnataka (37). Unauthorized Distribution Prohibited. Gujarat. Uttarakhand (2). Odisha (4).115. Karnataka (5). Jammu and Kashmir (1). Himachal Pradesh. Tamil Nadu (1). Kerala (3).net Table 4. West Bengal (2) (105) Karnataka (4). Himachal Pradesh (1).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. Chhattisgarh (1). Tamil Nadu (3). @: data for one DCCB in MP not available 4. Odisha (11). Uttar Pradesh (16). Tamil Nadu and West Bengal. Punjab(1). ISI Emerging Markets. Haryana (15). Kerala (15). Punjab (8). Kerala (8). Kerala.14.www. Karnataka (59). Uttarakhand.12 to 4. Madhya Pradesh (14). Punjab. (ii) 2007-08 in Bihar. and Kashmir (2) Maharashtra (10).19 The frequency distribution of loan recovery of banks in the co-operative structure are presented in Tables 4.176. Kerala (20). Karnataka (4). Punjab. Gujarat (5). continues to emphasise the need for co-operative banks to be Table 4. Gujarat (1). Mizoram. Punjab (24).115. West Bengal (3) (47) >40 and <60% Andaman & Nicobar and Jammu Andhra Pradesh (2). 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. c. West Bengal (2) (47) 697 > 60% and < 80% > 80% Kerala.com www. Uttar Pradesh (15). Bihar (6). Himachal Pradesh (1). Uttar Pradesh. Madhya Pradesh (7). Nagaland. Tamil Nadu (8). . Karnataka (77). Rajasthan (15). Odisha (4).20 NABARD. Rajasthan (16). West Bengal (11) (368) > 40 % and < 60% Chhattisgarh (7). Puducherry. Gujarat (3). Maharashtra. Chhattisgarh. Rajasthan (15). Rajasthan (4). West Bengal (5) (77) Assam. Odisha (5). Rajasthan (1). Tamil Nadu (8) Haryana. as a matter of policy. Uttar Pradesh (7). Jammu and Kashmir (1). Himachal Pradesh (1). Karnataka (7) Punjab. Rajasthan (10). Odisha (26). Madhya Pradesh. Uttar Pradesh (12). Rajasthan. Maharashtra (11). Jharkhand (7). Tamil Nadu (5). Bihar. Kerala (3). Tamil Nadu (170). Jharkhand and Kerala. Madhya Pradesh (8). Madhya Pradesh (29). Punjab (19). Chhattisgarh. Gujarat. Karnataka (1). (8) Andhra Pradesh (8). Maharashtra. Supersession of Elected Boards 4. and Maharashtra repeated from previous year 69 ISIEmergingMarketsPDF in-spjainmr from 115. Puducherry. Odisha (4). West Bengal. Rajasthan. Odisha. Jammu & Kashmir (1). Sikkim.107 at 2013-09-02 17:18:09 EDT.176. West Bengal (7) (121) >60 and <80% >80% Andhra Pradesh. Madhya Pradesh (8). West Bengal (17) 31 Andhra Pradesh (12). Tamil Nadu (2). Uttarakhand (6). Jharkhand (1). West Bengal (9) (177) Chhattisgarh (3). Haryana. Odisha (5). West Bengal.107 on 2013-09-02 17:18:09 EDT. Kerala (9). Haryana(4). Tamil Nadu (14). Puducherry (2) Total 19* * Data in respect of Manipur SCARDB and Maharastra SCARDB not available . Madhya Pradesh. Manipur and Meghalaya (4) DCCB @ Bihar (5). Kerala. Tamil Nadu. Maharashtra (8). Delhi.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.sansco. Tripura. Uttarakhand (1). Kerala (2). Maharashtra (29). Haryana (5). Gujarat (9). Karnataka. Jammu & Kashmir. Odisha. Chhattisgarh (1). Goa. Uttarakhand (1). Karnataka (11). Maharashtra (2). Rajasthan (4). Madhya Pradesh (7). DownloadPDF.
Other Developments Core Banking Solution Project for Cooperative Banks ii. 21 SCB and 10 SCARDB and state governments concerned had executed DAP/MoU for 2007-12 (Phase IV) with NABARD. RBI and the Registrar of Co-operative Societies (RCS) as external facilitators. etc. ODI have been conducted in 18 Co-operative Banks (SCB and DCCB) and 2 RRB. Downloaded by in-spjainmr from 115.176.107 at 2013-09-02 17:18:09 EDT. As on 31 December 2010.. As on 31 March 2010. ISI Emerging Markets.21 The process of preparing institution specific Development Action Plans (DAP) and execution of MoU began in 1994-95. The DAP are regularly monitored and reviewed in the State Level Task Force (SLTF)/District Level Monitoring and Review Committee (DLMRC) meetings. human resource development.com www. Assistance from the CDF is available to co-operatives in the form of soft loans/ grants for resource mobilisation.24 NABARD has decided to offer support to cooperative banks in Core Banking Solution (CBS). stood at ` 125 crore.) Boards under Supersession (%) *: Data provisional 4.05 crore disbursed (including disbursements against sanctions of previous years).sansco.107 on 2013-09-02 17:18:09 EDT.43 crore was sanctioned and ` 6. .115.net managed by duly elected Boards of Management. Development Initiatives of NABARD Development Action Plans / Memorandum of Understanding disbursements were ` 98. respectively. During 2010-11. financial assistance of ` 6. e. is more institution specific and participative with close involvement of the Board of Directors and repositions NABARD. 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 . i.) Boards under Supersession (No. As on 31 March 2011. under its repositioning initiatives. the practice of superseding elected Boards continued in some States.23 Organisation Development Initiatives (ODI) being conducted by NABARD since 1994-95. is a re-engineering process. capacity building and streamlining of operations. Three phases have been completed with PACS included during the third phase (2004-05 to 2006-07). 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. 4. Despite this.176.15: Elected Boards under Supersession (As on 31 March 2010) Particulars Total Institutions (No.15). The revised fourth phase of DAP/MoU (for both ST and LT structure). cumulative sanctions and d.22 Co-operative Development Fund The Co-operative Development Fund (CDF). 4. is replenished every year through contributions from NABARD's surplus. iii. duly elected Boards were superseded in 9 SCB and 86 DCCB in the ST Structure. The balance in the Fund. as on 31 March 2011. building up quality MIS. which facilitates RRB and Co-operative Banks in achieving sustainable viability and financial inclusion. NABARD would play the role of an advisor and facilitator and ensure that the interests of the banks are protected throughout the implementation process. with an initial contribution of ` 10 crore. Unauthorized Distribution Prohibited. constituted in 1993 under Section 45 of NABARD Table 4.17 crore and ` 87. which in turn contribute to their functional efficiency. Under the project.115. Act 1981. 70 ISIEmergingMarketsPDF in-spjainmr from 115. i.www. Organisation Development Initiatives 4.57 crore. DownloadPDF. During 2010-11.reportjunction. spanning from April 2007 to March 2012. and in 6 SCARDB and in 265 PCARDB in the LT Structure (Table 4.
Haryana and Tamil Nadu through software developed on their own.29 The Accounting process System of adoption and of Common (CAS) Management Information System (MIS) formulated for PACS is underway in 16 States. While an amount of ` 8. The revised guidelines for rolling out of software. i. the RCS concerned have been advised to adopt CAS on the lines suggested by NABARD. the units liberal GoI in 2006.661. while in the remaining States where the MoU has been signed. Unauthorized Distribution Prohibited.sansco.reportjunction.107 on 2013-09-02 17:18:09 EDT.77 crore as their share.26 Twenty-five States (covering 96 per cent of the STCCS in the country).25 NABARD-GIZ Rural Finance Institutions the State Governments have released ` 816. ISI Emerging Markets.176. financial assistance introduction institutional reforms and initiating measures to improve the quality of management. DownloadPDF. a questionnaire was circulated and requisite information obtained from 467 PACS of 49 DCCB in 9 States. ii. ` 364. In order to have a better understanding of the risk perceptions of PACS.380 PACS in sixteen states till 31 March 2011. on 31 March 2004. The objectives were: (i) Revising audit framework for PACS in consultation with the stakeholders.115. Standard Audit Manual for PACS 4.45 crore has been released by NABARD as GoI share for recapitalisation of 53. the of The under STCCS legal/ Computerisation in PACS 4.27 Special Audit and Release of Funds Special audits of the units under STCCS. Punjab. Revival Package for Short-Term Rural Co-operative Credit Structure iii. Gujarat. Jammu & Kashmir and Uttarakhand are yet to decide on computerisation. Based on the amendments. have executed the MoU with GoI and NABARD. even as previous amendments in two of these States are awaiting Presidential assent. During the year. 4. for implementing the revival package integrated envisages through announced package provision Special by for of Audits.www. Once operationalisation of CAS/ MIS is complete and development of capacities to manually maintain the new system is achieved.176. (iii) Developing audit rating tool for PACS.net ii.314 ineligible PACS in Gujarat and Maharashtra. 71 ISIEmergingMarketsPDF in-spjainmr from 115. twenty one States have amended their CSA. The Core Software has been finalised by NABARD and sent to all 18 States that have opted for it. (ii) Developing a Model/Standard Audit Manual for PACS based on the revised audit framework. Programme (RFIP) undertook the task of preparation of Standard Audit Manual for PACS through study visits to Gujarat and Orissa in May 2010. .com www.115. Downloaded by in-spjainmr from 115.28 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. 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. Common Management Accounting Information System System. Computerisation of PACS is in progress in Andhra Pradesh. The draft amendments proposed by the remaining four States have been vetted by NABARD. Based on this information.107 at 2013-09-02 17:18:09 EDT. The special audit of DCCB has been completed in ten states and approval pending from SLIC in respect of three States. Legal Reforms 4. Special audits of SCB have been completed in 10 States. and and 4. Training on CAS/ MIS has also been initiated. the draft audit manual for PACS is being prepared.77 crore was released to DCCB as GoI share in respect of 1. as computerisation of CAS/MIS would start. f. were completed in 80.639 PACS across 25 States to arrive at the precise amount of losses after factoring in prudential provisioning norms and the sharing pattern. the rules and bye-laws of the societies are being revised by the States. So far. and (iv) Developing a training programme for PACS auditors on the revised audit system.
training has been imparted to have been trained.899 PACS functionaries and 4.107 at 2013-09-02 17:18:09 EDT. PACS making conscious efforts to improve/diversify business and earn profits. Further. training on CAS/ MIS has been provided to 70.115. 330 master trainers from 23 States. has been registered in the coverage of small and marginal 72 ISIEmergingMarketsPDF in-spjainmr from 115.354 elected Board Members of PACS from 14 States. . Elections conducted in all PACS and professionals being co-opted on their Boards. CAS introduced and training imparted. 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.www. a draft Institutional Protection and Deposit Safety Scheme (IPDSS) for PACS was finalised and submitted to the Govt of India for approval. which would provide them a better standing among members / clients and better access to finance.000 (over 60. Bangalore and ISEC. Ground level credit in the four states has increased by 120% in aggregate terms over March 2005. CEO of SCB in six NER States and 2.32 Impact of the Revival Package Reputed institutes like IIM. (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).037 Secretaries of PACS from 18 States.sansco. • • Elections to all three tiers of the CCS Introduction of Fit & Proper criteria to the Boards and CEO of DCCB & SCB. which is awaited.125 PACS staff in eight States have been trained under this module. Lucknow. Increase in coverage of SF/MF by PACS. 37-106% in AP and 23% in Bihar). Far reaching amendments to Co-operative Societies Act.000 in World Bank funded states) • Staff/Boards of DCCB trained in governance. DownloadPDF. As on 31 March 2011.115. • • • • • • • accounting and business planning. 1. Reduction in NPAs of PACS and DCCB (AP. 4.net iv.31 With a view to securing the deposits of PACS. capacity building of Board Members and functionaries of STCCS. • • B. Increase in volume of business and credit flow of DCCB (Average Annual Growth Rate (AAGR) of 4% and 8% in AP and Bihar.com www. Deposit Safety System for PACS 4. During the year. Bengaluru were entrusted with the task of conducting Box 4.047 Directors of DCCB/ SCB from 14 States. Impact Studies • • • Recap assistance has helped cleansing of Balance Sheet and improved share capital of both PACS and DCCB. World Bank Assessment • • CAS introduced and training imparted. share holding reduced to less than 25% of the total share capital in majority of the banks. ISI Emerging Markets.30 HRD Initiatives The package lays emphasis on training and Till date. In addition. CEO of DCCB being appointed as per "Fit & Proper Criteria". 368 CEO of DCCB from 16 States. Downloaded by in-spjainmr from 115. respectively) and of PACS (AAGR of 5% in MP.reportjunction. Govt. Unauthorized Distribution Prohibited.595 District Level Trainers (DLT). who in turn have trained 2. 4. • • Conduct of Statutory Audit by CA in DCCB & SCB. • A 43% growth over March 2005 position farmers.173 bank supervisors/ departmental auditors.176. These master trainers have trained 556 DLT from six implementing states.40. MP & Bihar).12. vi. training has been imparted to 81. CCS staff and Board Members imparted training under eight modules. As on 31 March 2011.176.1 Impact of GoI Revival Package for STCCS A.107 on 2013-09-02 17:18:09 EDT. 1. 36.582 Branch Managers/Senior Officers of DCCB/ SCB v. Training imparted country wide covering 2. Recovery rates of the DCCB/SCB have improved.
is expected to improve as compared to the previous year.65 2509.18 1775.55 6 35. Regional Rural Banks a. The estimated aggregate 2010-11.00 3959.24 79 2514. . Financial Performance 4.92 67802. respectively.115. Revival of Long-Term Rural Co-operative Credit Structure Deposits Borrowings Investments 145034. constituted by the GoI under the Chairmanship of Shri G.91 1787. in 4.30 6753. The accumulated losses of RRB decreased by 23 per cent over the previous year. reserves and net worth of all the RRB increased to 73 ISIEmergingMarketsPDF in-spjainmr from 115.938 branches (Table 4. Haryana. with a network of 15.16 27216.567 crore. Bihar.14 8610.06 79379..00 3984. During the year under review.31 g.31 80.115. Chaturvedi. UP and Odisha. compared to ` 2515 crore in 2009-10.) Share Capital Share Capital Deposit Reserves 2009 86* 15181 197. Northern and Western regions were in profit.reportjunction. the aggregate reserves.) Amount of Loss (B) 82819.99 120189.52 deposits and investments of RRB increased by 20 per cent each while loans and advances (outstanding) increased by 22 per cent (Table 4. 77. Unauthorized Distribution Prohibited.) Amount of Profit (A) $ RRB incurring Losses (No. DownloadPDF.72 80. The viability of RRB. The impact studies by the IIM and ISEC and the World Bank assessment have brought out a number of positive features (Box 4.17).) Recovery (%) NPAs to loans outstanding (%) Net worth operating in the country was 82. World Bank also conducted monitoring studies in four states. C.107 on 2013-09-02 17:18:09 EDT.98 31 56079.net impact studies in six states.. North-Eastern and Southern region incurred losses (Table 4.65 65909. Gujarat. B.34 Post amalgamation. Maharashtra.06 27 72903. * : Number reduced due to amalgamation $ : Before Tax P : Provisional ` 9.26 2011 P 82 15938 197. Announcement of the Package by the GoI is awaited.03 3. one RRB each in Central.16). Table 4.83 3 5.50 10472. Rajasthan and Tamil Nadu of the implementation of the revival package during the last 3 years. as on 31 March 2011. The performance of RRB varied widely across the regions in 2009-10.09 3.99 4.10 101039. ISI Emerging Markets.65 3464. submitted Loans & Advances (Outstanding) Loans Issued RRB Earning Profit (No.30 43367.59 95245. viz.90 9678.sansco. to review the need for a separate package for Revival of Long Term Co-operative its report Credit to the Structure GoI on (LTCCS).80 26 25 February 2010.95 174041. of RRBs (No.00 3984.64 2299.33 The Task Force.47 3 5.90 12734. Similarly.176.10 12566. viz.16) spread over 618 districts in twenty-six States and one UT (Puducherry).16: Indicators of Performance of RRB (As on 31 March) (` crore) Particulars No.82 1366.94 18770.85 4. While all RRB in the Eastern.) Branch Network (No.www.107 at 2013-09-02 17:18:09 EDT. Madhya Pradesh.678 crore and ` 12.176.com www. Andhra Pradesh. the number of RRB Net Profit (A -B) $ Accumulated Losses RRB with accumulated losses (No.10 2010 82* 15480 197. Downloaded by in-spjainmr from 115.90 8065.35 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.13 80 1823.1).01 79 3470.
58 75.56 93.17 82819. West Bengal (3) >80 39 Andhra Pradesh (2).03 b. Bihar (2).65 3028. Mizoram (1).45 76. as on 30 June 2009 (Table 4. viz.90 20790.11 7. RRB as a group in the Northern and Southern region registered a recovery performance above the national average. Manipur (1).17: Region-wise Working Results of RRB (As on 31 March 2010) (` crore) Region RRB No.37 707. Gujarat (2). DownloadPDF.09 80. Uttar Pradesh (3). Karnataka (2).55 3. Northern and Southern regions had NPA as Table 4. Arunachal Pradesh (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).56 96. Odisha (3).52 0. Chhattisgarh (1).56 86. Jharkhand (1).www.76 28472.22 – 2.77 1775.reportjunction. Maharashtra (1).. Jammu & Kashmir (1).45 – 5. Assam (1). Assam (1).02 6.69 72. Tripura (1).65 Net Profit Accumu lated Losses Loans & Advances O/S Gross NPA Recovery (%) (As on 30 June) % 2009 2010P 85.72 per cent.27 13310.21 196. Karnataka (3). Madhya Pradesh (5). Jharkhand (1).176.92 80.64 88. 361.72 80. Chhattisgarh (2). Odisha (1). 4.sansco. Uttarakhand (2) States 74 ISIEmergingMarketsPDF in-spjainmr from 115.37 The aggregate gross NPA of all RRB declined from 4. Haryana (2). Nagaland (1).05 407. ISI Emerging Markets.36 4. as on 31 March 2010.72 2509.107 on 2013-09-02 17:18:09 EDT. Himachal Pradesh (2).01 77. Karnataka (1) Andhra Pradesh (3). Six RRB had recovery more than 40 per cent but below 60 per cent (Table 4.10 268.70 74.00 163.01 4. Gujarat (1).176. Jammu & Kashmir (1). Madhya Pradesh (1). Madhya Pradesh (2).83 Amount 361. Kerala (2).82 15 8 16 14 23 6 82 15 7 15 14 22 6 79 2.17). Puducherry (1).29 1235. .04 3084.06 13255.10 75.14 per cent as on 31 March 2009 to 3.18 208. Downloaded by in-spjainmr from 115. Meghalaya (1). compared to 80.03 per cent.27 407. as on 30 June 2010.com www. while 37 RRB had recovery levels ranging above 60 c.50 86.net Table 4. Two regions.98 0.83 74.115.107 at 2013-09-02 17:18:09 EDT.98 854. A recovery of above 80 per cent was achieved by 39 RRB in the country.50 2.98 852.70 905. Recovery Performance recovery performance of RRB was per cent but less than 80 per cent.36 Amt. Punjab (3). Unauthorized Distribution Prohibited.18).09 per cent. Uttar Pradesh (7). Tamil Nadu (2).40 73. – 1 1 – 1 – 3 Amt.77 600.95 86.93 180. Northern North-Eastern Southern Eastern Central Western All India P : Provisional Loss Incurring No.35 707. Maharashtra (2). Non-Performing Assets 4. Odisha (1).17 933.82 81.72 2514. – 2.35 3961. Profit Earning No.36 The estimated at 80. Rajasthan (6). Bihar (1).47 82.115.
K. under the Chairmanship of Hon'ble Union Finance Minister.115. as on 31 March 2011. in July 2010.107 at 2013-09-02 17:18:09 EDT. GoI also notified the RRB Appointment & Promotion Rules 2010. while 6 RRB had CRAR between 7 and 9 per cent. (v) prepare time-bound plan for wiping out their accumulated losses and (vi) make concerted efforts for improving CRAR.71 crore to four RRB as on 31 March 2011.50 per cent. Unauthorized Distribution Prohibited. Development Initiatives i. for recapitalisation of RRB. h.107 on 2013-09-02 17:18:09 EDT. a Review Meeting was held in July 2010.19). (iv) bring all their branches under including financial assistance. (iii) draw Action Plan for achieving 100 per cent Financial Inclusion. It is now compulsory for all new branches to be equipped with CBS. reduction in NPA. Amaresh Kumar Committee. The gross NPA level is expected to be at 3. as on 31 March 2010 (Table 4. d. .115. as on branches by March 2011.. priority sector and agricultural lending.39 After approving the major recommendations of the Committee on Capitalisation of RRB for 4. in 26 states and one UT. As on date.176. Capitalisation of RRB 4.net percentage to loans outstanding below the all-India average. the GoI had made a provision of ` 350 crore for 201011 in the Union Budget.www.83 lakh. C. (ii) attain Gross NPA level of less than 5 per cent. ISI Emerging Markets. Performance Review by Govt. 31 March 2011. RRB had opened 463 new branches taking the cumulative number of branches of all RRB to 15938 spread over 618 districts.41 Based recapitalisation assistance to RRB and (ii) funds under ADWDR Scheme. Downloaded by in-spjainmr from 115.176. 2008. CBS has been fully implemented in 32 RRB and is in progress in other RRB. The sponsor banks are required to extend all necessary help in this regard. Financial Inclusion 4. DownloadPDF. back office support. the Capital to Risk-Weighted Assets Ratio (CRAR) of RRB has improved.sansco. While appreciating the performance of RRB in the areas of deposit growth.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). CBS by September 2011. Branch Expansion Programme/Core Banking Solution e. RRB were directed by GoI to implement CBS in all their branches by September 2011. etc. the GoI issued the RRB Service Regulations. maintaining CRAR (Chairman : Dr. of India 4.reportjunction. As on 31 March 2010. 2010. the GoI had released its share of ` 61. upon the release of (i) Human Resource Development on the recommendations of the 4. ii.com www. f. etc. Total number of business accounts (deposit plus loan accounts) with RRB stood at 1188. Against this. introduced in 2007-08. 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. 75 ISIEmergingMarketsPDF in-spjainmr from 115. 53 out of 82 RRB had a CRAR of 9 per cent and above. Capital to Risk-Weighted Assets Ratio g.40 In continuation of the mechanism for reviewing the performance of RRB by GoI.38 Consequent 4. Chakrabarty). training.42 RRB were given a target of opening 2000 new In the current year.
major areas of Financial Inclusion Year No. SCC & retail trade 20.176. monitoring. met four 76 ISIEmergingMarketsPDF in-spjainmr from 115.09 No.20 170. guiding and facilitating functions.net Table 4.64 21. having the 3 Apex Societies had been conducted.97 KCC 69. apart from ensuring conformity with banking regulations and prudential norms. 1949 (As Applicable to Cooperative Societies) and RRB under Section 35(6) of the Banking Regulation Act. The periodicity of statutory inspections of all SCB. Act. Supervisory ratings were also conveyed confidentially to the Top Management of the banks.reportjunction.45 During 2010-11. DCCB and RRB not complying with minimum capital requirements as stipulated under the B.115.17 153.RRB (As on 31 March 2010) (No.84 67. 1949 (AACS)/ RBI Act 1934 and voluntary inspections of all SCARDB continue to be annual. RCS. encompassing inspections (on-site and off-site).87 83. .72 Tenants 1. State Governments (in respect of co-operative banks) and Sponsor Banks (in respect of RRB) for corrective action.sansco.46 The Board of Supervision (BoS) constituted by the Board of Directors of NABARD in 1999.com www.35 3. A. of Loan Accounts 171.54 1002. all the targeted statutory inspections of 302 banks (31 SCB.12 SHG 7. is very comprehensive and holistic.www. Downloaded by in-spjainmr from 115.04 8. ‘No-Frills’ Accounts 81. Unauthorized Distribution Prohibited.03 0.22 4. in lakh) Of total Loan Accounts. which were communicated to the banks concerned.67 GCC 2.95 0.115. NABARD also 4. meetings were also held with the CEO of the banks concerned.83 SSI.107 on 2013-09-02 17:18:09 EDT. Board of Supervision 4.16 Of which. Besides. 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.78 19.44 NABARD inspects SCB and DCCB in terms of the powers vested under Section 35(6) of the Banking Regulation Act. ISI Emerging Markets. portfolio studies.02 935. to secure satisfactory compliance on core inspection findings.107 at 2013-09-02 17:18:09 EDT. The statutory inspections of those DCCB and RRB with positive net worth and voluntary inspections of Apex Co-operative Societies/ Federations are conducted biennially. The inspections brought out supervisory concerns relating to these institutions. the supervisory role of NABARD.19: Status of Financial Inclusion . DownloadPDF. artisans.28 Supervision of Banks 4. after 45 days of issue of Inspection Reports.R. Inspection of Banks Considering unique nature of all these institutions.66 186. b. Apex level Co-operative borrowings Societies outstanding and from Federations it. Operational Matters a. 229 DCCB and 42 RRB) and voluntary inspections of 18 SCARDB and conducts voluntary inspections of SCARDB. of Deposit Accounts 2007-08 2008-09 2009-10 758.20 8.176.81 200. 1949.
Compliance Provisions with various Statutory 4. Committee on Financial Sector Assessment (CFSA) [Chairman : Dr. 68 banks (5 SCB and 63 DCCB) were not complying with the provisions of Section 11(1) of the B. Rakesh Mohan]. Unauthorized Distribution Prohibited.115. However. 1934 while 56 complied with Section 42(6)(a)(ii) of the Act. the RBI had revised the licensing norms for co-operative banks during October 2009. and four were not complying with Section 42(6)(a)(ii) of the Act. on the basis of recommendations given by NABARD after conducting statutory inspection. As on 31 March 2011. 75 complied with Section 42(6)(a)(i) of the RBI Act. all RRB were included in the Second Schedule to the RBI Act 1934. . minimum capital requirements. With this. c. the number of scheduled SCB remained unchanged at 16. ibid. respectively.. five SCB and 63 DCCB 4. (ii) the functioning of co-operative credit institutions in Andhra Pradesh. 1934. the norms for 77 ISIEmergingMarketsPDF in-spjainmr from 115.107 on 2013-09-02 17:18:09 EDT. (iii) the working of RRB sponsored by SBI. the number of licenced SCB and DCCB stood at 22 and 173. no SCB was included B. (v) the functioning of weak DCCB in Uttar Pradesh. as on 31 March 2011. i. 1934 as regards minimum capital requirement of ` 5 lakh. Union Bank of India and Punjab National Bank.. During the year.176.107 at 2013-09-02 17:18:09 EDT. During the year. 1949 (AACS).R. Gujarat and Bihar.48 Pursuant interests of their depositors.sansco.Act. Eight SCB and 186 DCCB did not comply with Section 22(3)(b) of the Act. two were not complying with Section 42(6)(a)(i) of the RBI Act.176.R. being new entities could become Scheduled Banks only with the approval of the RBI. (iv) reports of frauds in the supervised banks. Act.. As on 31 March 2011.51 Keeping in view the relaxation in the licencing norms for co-operative banks. DCCB and SCARDB as brought out in the inspections. Policy Decisions/Guidelines a. Similarly.47 During did not comply with Section 22(3)(a) of the B. Punjab and Jharkhand. twenty DCCB iii.reportjunction. ISI Emerging Markets. and (ix) major observations from the investment portfolio studies taken up in some of the banks. improved their financial position and recomplied with the provisions of Section 11(1) of B.www. Thus. 4. Grant of Licence/Scheduling of Banks to the recommendations of the 4.49 From its very inception. increasing the number of licensed banks to 246 (24 SCB and 222 DCCB). out of the 16 Scheduled SCB. as regards their capacity to pay their depositors in full.com www. 1934. i. 1949 (AACS). as the affairs of these banks were conducted detrimental to the interests of their in a manner depositors. was recommended to RBI during 2010-11. out of 82 RRB.50 As on 31 March 2011. Thirtynine amalgamated RRB were included by the RBI in the Second Schedule to the RBI Act. thus. Health of Supervised Banks Compliance with Minimum Share Capital Requirements the year 2010-11. as the affairs of these banks were conducted in a manner detrimental to the ii. (vi) the status of submission (including delay) of Banks' compliance to inspection reports and delay in scrutiny of compliance by NABARD RO. (vii) the Scheduling of amalgamated RRB. Downloaded by in-spjainmr from 115. Applications for grant of exemption in respect of 50 banks (1 SCB and 49 DCCB) were under the consideration of the RBI/GoI. after they were found complying with Section 42(6)(a)(ii) of the Act. ibid.115. Co-operative Banks 4. ibid. RBI issued licences to 2 SCB and 49 DCCB.e. amalgamated RRB. in the Second Schedule to the RBI Act. DownloadPDF.R. 1934.net times in 2010-11. Inclusion of five more RRB in the Second Schedule to RBI Act. ibid. As on 31 March 2010. Act. 1949 (AACS). the number of Scheduled RRB stood at 75 as on 31 March 2011. It reviewed (i) the functioning of SCB. (viii) the Exposure of SCB and DCCB to Marketing Societies.
Two training programmes were conducted in IDRBT. to ensure submitting proper compliance.55 For a holistic and more effective approach towards supervision. for Co-operative banks and RRB. incremental NPA. A seminar was conducted for Inspecting Officers of DoS.107 at 2013-09-02 17:18:09 EDT.com www. (iii) circular on fraud prevention measures and constituting Fraud Risk Management Group. Four Regional Supervision Seminars were conducted for the Bank's inspecting officers for discussing various issues involved in inspection of banks.reportjunction. AML/ KYC. during the course of inspection. the National of Audit Federation in Manual also of revising for State the Co-operatives supported Co-operative NABARD actively C.52 During the year. (iv) a Model Know Your Customer (KYC) / Anti-Money Laundering (AML) Policy for adoption. for a better understanding of the deficiencies pointed out in the Inspection Reports (IR). consequent to the amendment of Co-operative Societies Act as per GoI revival package for STCCS. DCCB and RRB.115. Regional Offices were advised to convene a meeting of all SCB and DCCB under their jurisdiction. (i) RRB were permitted to induct Nominee Director of NABARD in the Audit Committee. the following important instructions/circulars were issued to SCB and CCB: (i) instructions advising the cooperative banks to issue engagement letters to Statutory Auditors. KYC/ AML standards. to sensitise the auditors on issues relating to audit of co-operative banks. Supervisory Interventions 4. etc. (v) detailed guidelines for inspection of DCCB. and (vii) guidelines to RCS of all States and UT on opening of branches by DCCB. Downloaded by in-spjainmr from 115. . During the year. DownloadPDF. Regional Offices were also advised to monitor the receipt of compliance reports and pursue with the supervised banks for their timely submission. with the approval of the Board. branches of SCB/ DCCB and affiliated societies.54 The Bank's Inspecting Officers were advised to critically examine the management aspect of banks (especially weak banks). E.107 on 2013-09-02 17:18:09 EDT.sansco. With a view to addressing the problem of reconciliation of inter-branch and inter-bank accounts. (ii) a Model KYC/ AML Policy was circulated to all RRB for adoption with suitable modifications. Unauthorized Distribution Prohibited. Other Developments 4.115. and to encourage issuing IR in Hindi. (vi) clarification on calculation of Demand and Time Liabilities (DTL) for maintenance of CRR/SLR. Training / sensitisation programmes and workshops on Investment Management. Hyderabad. to acquaint the Bank's inspecting officers with conducting of inspections in a Computerised Environment. monitoring of frauds. and highlight them in the inspection reports so as to draw the focussed attention of the management.176. Advisory to Regional Offices 4. specifying the areas to be covered.www. especially in strengthening the internal checks and control systems in the supervised banks. 1949 (AACS) were also relaxed. D.53 Six Regional Supervision Seminars on internal inspection and internal audit were conducted during the year. 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. prudential norms and CMA were conducted for the auditors and other personnel of SCB.net compliance with Section 22(3)(b) of B R Act. and prepare time bound action plan. by the supervised banks. (NAFSCOB) operational manuals for Co-operative Banks. A National Seminar on Audit was also conducted in Bengaluru in May 2010. Asset Liability Management (ALM). systemic risks. b. Regional Rural Banks 4. 78 ISIEmergingMarketsPDF in-spjainmr from 115. (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.. ISI Emerging Markets.176. and (iii) clarifications were issued to RRB on Disclosure in Financial Statement in Half-Yearly Reviews.
Mohanty. The pilot and implementation phases have commenced (Box 5. Shri P. Executive Director retired on 31 January 2011 and Dr. Principal D. Inspection of NABARD 5. Commissioner. ISI Emerging Markets.5 NABARD started the Project ‘Reposition’ in March 2010.6 Reserve Bank of India conducted the 13 th Financial Inspection of NABARD (with reference to its 79 ISIEmergingMarketsPDF in-spjainmr from 115. DownloadPDF. Rakesh Singh. vice Shri Roshan Lal.com www. C. A. Ministry of Finance. Downloaded by in-spjainmr from 115.www. Department of Agriculture. Subsequently. C. Letkhogin Haokip. During the year.reportjunction. K. Jayakumar. K. C. Government of Kerala was appointed as Director vice Shri L.115. who demitted office on 02 December 2010 after completion of his term. Executive Director during the year. A. L. The project seeks to address the present day challenges without conflicting with the long-term role mandated to NABARD by GoI and RBI. Shri R. Government of India was appointed as Chairman with effect from 03 December 2010 vice Shri. (b) Shri. NABARD has initiated several steps to reposition itself and face the challenges for becoming an effective and sustainable development institution.107 at 2013-09-02 17:18:09 EDT. A.176.1). (c) Shri. Repositioning of NABARD 5. Human Resources are an integral part in the change process of an organisation. Government Rajasthan was appointed as Director with effect from 27 July 2010. the Bank continues its emphasis on capacity building of the staff by upgrading their skills and developing their expertise. Shashi Rekha Rajagopalan were reappointed on the Board. of Principal Secretary. Executive Director retired on 31 March 2011. Meena. Committee of the Board (ACB) as well as the Risk Management Committee of the Board (RMCB) met thrice during the year. Mohanty. K. K. Additional Secretary (FS). Bandyopadhyay was promoted as (a) Shri. vice Shri. J. Lakshmi Chand and Smt.3 The following changes took place in the 5. (e) Shri. Government of Rajasthan was appointed as Director with effect from 20 January 2011 vice Shri. composition of the Board of Directors during the year: C. Sinha. Goyal with effect from 03 September 2010. Management A. building capabilities and partnering institutions for bringing about effective integrated rural development in India. of Department Agriculture. Unauthorized Distribution Prohibited. K. U. with a view to networking resources. Board of Directors 5. . (d) Shri. Recognising this. diagnostic and design phases were completed.115. B. Additional Chief Secretary (Home & Vigilance) and Agriculture Production Commissioner. Agriculture of Production Bihar was Sanctioning Committee for Loans under RIDF met respectively. Corporate Governance and Management In order to align itself with the changing financial and credit markets. J. Dr.sansco. Committee and The the Audit Secretary. Department of Financial Services. Government appointed as Director with effect from 27 July 2010. C.4 Four Executive Directors manage the operations of the Bank. Behera.107 on 2013-09-02 17:18:09 EDT. Sarangi.176. thrice The Board of Directors met six times during the while and the seven Executive times. Bandyopadhyay.net V Organisation. Senior Management 5.2 year.
.107 at 2013-09-02 17:18:09 EDT. with redundant practices. 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.reportjunction. During the year. Lucknow and 80 ISIEmergingMarketsPDF in-spjainmr from 115. Disaster Management. Gujarat and Uttar Pradesh. the banks would be responsible for setting up infrastructure facilities within the branch and HO.115. adopting a flexible approach to suit the needs of the producers. Customised training on Co-financing. setting up and maintaining Data Centres/ Disaster Recovery Centres and for providing network connections. negotiate with vendors on behalf of the banks and extend project management and advisory support during roll out of the product. was imparted to 78 officers. advanced training programme on SHG-Bank Linkage. Workshops were conducted for four major Regional Offices. Bihar. 737 applications were received and requisite information provided within the stipulated time.. Human Resources Management A. 424 officers were deputed for 126 off-the-shelf programmes.sansco. 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. Downloaded by in-spjainmr from 115. Andhra Pradesh. Shri S K Mitra. 135 Banks (SCB and DCCB) across 11 states and one UT have joined this initiative. on APRACAFinancial CENTRAB international programme Inclusion. This is being implemented on a pilot basis.7 The Bank has been complying with the statutory requirements of the Right to Information (RTI) Act 2005. E. Management. Funds & Risk Management.net Box 5. • Internal process redesign to enhance Human Resource (HR) optimisation and improve turnaround time: Simplification of the existing administrative processes. covering topics like Tribal Development Fund (TDF). Treasury & Risk training on various topics through 103 programmes conducted by the National Bank Staff College (NBSC). etc.96 crore was sanctioned under UPNRM for these. In order to give a special focus.1 Repositioning of NABARD . Unauthorized Distribution Prohibited.115. for meeting the financial requirements of this business vertical.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.107 on 2013-09-02 17:18:09 EDT. As on 31 March 2011. Futures Trading.. one proposal involving credit limit of ` 100 crore was sanctioned.176. officers (2. • Adopting a comprehensive approach to financing and supporting producer organisations: NABARD has taken up a pilot initiative for supporting producer organisations. for meeting working capital and farm asset maintenance needs of the individual borrowers and affiliated PACS. In this model. Training and Skill Upgradation a. Software Development and System Analysis. The process of signing Memorandum of Agreement (MoA) with the banks interested in joining CBS initiative has started. Ninety-four appeals were responded to and 15 hearings on appeals made to Central Information Commission were attended. • Direct Lending to District Central Cooperative Banks (DCCB): A Short-term multi-purpose credit product has been designed for direct lending to DCCB. Lucknow.8 During 2010-11. seminars and conferences organised by reputed institutions. workshops. Besides. DownloadPDF. The vendor will also provide user training and data migration support. Right to Information 5. Two projects were taken up on a pilot basis and an amount of ` 1.131) were imparted 18 on-location programmes were also conducted for 425 officers. Executive Director was designated as the Transparency Officer for the Bank. During the year. Further. etc. ISI Emerging Markets. viz. It will aggregate the demand across banks and would assist them to identify a suitable product. doing away delegation of powers complete migration to intervention to improve process in the Bank.176. The CBS would be offered on an Application Service Provider (ASP) model to co-operative banks. Staff Training 5.com www. National Bank Training Centre (NBTC).www.
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.1. Table 5. G. Support for Professional Studies 5. Uzbekistan as well as the Alliance for Financial Inclusion (AFI) Global Policy Forum 2010 held at Bali.com www. in collaboration with the Harvard Business School. Overseas Training/Visits by Top Management 5. three from Client Institutions and 18 participants from different Non-Governmental Organisations (NGO) were deputed for various overseas training programmes. K. 18 per cent belonged to Scheduled Castes and 9 per cent to Scheduled Tribes (Table 5. The Chairman. DownloadPDF. 145 officers from NABARD. as on 31 March 2011. Dr. seminars. Downloaded by in-spjainmr from 115.net Zonal Training Centre (ZTC). a batch of 10 senior officers was deputed to a programme on Risk Management and Performance in Brussels. Indonesia. He also attended the 59 th EXCOM meeting of APRACA held in Paris. Belgium.607.107 at 2013-09-02 17:18:09 EDT. Staff Strength 5.107 on 2013-09-02 17:18:09 EDT. 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. ISI Emerging Markets.13 The total staff strength of the Bank.reportjunction. respectively. 26 staff members availed of the facility during the year. 126 officers were appointed in Grade ‘A’ in the Rural Development Banking Service of the Bank. exposure visits. 2010 London on and in the “Rehovot Sustainable B. d. Shri Umesh Chandra Sarangi attended the 58 th EXCOM meeting and 17th General Assembly of APRACA held in Tashkent. etc. Israel. Karmakar. Recruitment and Promotion 5.10 Under the modified Incentive Scheme. b. deputed organised to RIPA by the World Savings London Bank for Institute. The strength of exservicemen and physically handicapped employees stood at 80 and 94. In addition.115.11 During the year. of which 18. introduced in April 2008. was 4. Programme on Implementing Sustainable Change and Programme on Managing People through Change.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.115. Table 5. Unauthorized Distribution Prohibited. 27 and 57 officers were promoted to Grade ’F’.176. The major courses being pursued by the employees are Chartered Financial Analyst (CFA).sansco. USA. E-learning 5.www.9 During the year. b. respectively. meetings. an E-learning programme for 235 officers was launched. Staff Matters a. A total of 396 staff was promoted during the year. The details of the number of staff promoted to other Grades are presented in Table 5. Company Secretary (CS) and Master of Business Administration (MBA) from reputed institutions. relevant to developmental and promotional institutions. 81 ISIEmergingMarketsPDF in-spjainmr from 115. participated in the London Business Forum organised by London Business School. The course is of oneyear duration from 01 July 2010 to 30 June 2011 and includes 16 compulsory and five optional topics. Another batch of 10 senior officers was International. Of these. .2). to encourage staff to pursue professional studies through part time and distance learning courses. where he presented a paper on the topic “Mainstreaming Financial Inclusion in India: Sustainable Initiatives”. ‘E’ and ‘D’.12 During the year. each constituting about 2 per cent of the total staff strength.176. Managing Director.
com www. .54 crore. met on 28 June 2010 for discussing issues of common interest in HR areas. The pay & allowances and service conditions of the officers of the Bank were also revised after discussions with the National Bank Officers’ Association. including sanctions of previous year. DownloadPDF. Two pre-promotional training programmes for 120 SC/ST staff were conducted at the training centres.176.www. The 31 March 2011. Seventeen grievances and six appeals were considered. Industrial Relations 5. on the basis of well-established principles of negotiations. of which 13 grievances and 4 appeals were disposed. as directed by the Ministry of Finance. 5. Downloaded by in-spjainmr from 115.107 at 2013-09-02 17:18:09 EDT.sansco. 5. 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. Unauthorized Distribution Prohibited. E. Transparency / Consultative Approach i. ISI Emerging Markets. Welfare Measures for SC/ST Employees 5. 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. GoI visited NABARD in May 2010 and reviewed the Reservation Policy implemented by the Bank. comprising representatives from Bank Management and National Bank Officers’ Association. The fourteenth Annual Sports and Cultural Festival of the Bank.14 Industrial relations in the Bank continued to be harmonious during the year.18 During the year. housing loans aggregating ` 39. Other benefits extended to SC/ST employees included granting B.19 The Communal Harmony Campaign Week and Flag Day were observed from 19 to 25 November 2010.reportjunction. Ministry of Finance. amounted to ` 36.115. NABOTSAV was held at Bhubaneswar between ii. The disbursements against sanctions.15 Three meetings each of the Grievances Redressal Committee and the Appellate Committee were held during the year. Periodic discussions were held between the Management and the All-India National Bank Officers’ Association/All-India NABARD Employees’ Association. The Memorandum became effective for a period of five years from 1 November 2007.65 crore were sanctioned to 343 employees. team expressed satisfaction with the records maintained in this regard and appreciated the Bank for its favourable stance on reservation.176.net Administration and Other Matters A.17 The Bank continued to adhere to instructions issued by GoI on reservation for SC/ST employees in recruitment and promotion.107 on 2013-09-02 17:18:09 EDT. The Memorandum of C. 82 ISIEmergingMarketsPDF in-spjainmr from 115.16 Joint Consultation Scheme for Officers The Joint Consultative Committee [JCC] 21 and 25 November 2010. Grievances Redressal System scholarship to 12 wards of the employees and providing compassionate appointment to the dependents of ten deceased employees.115. Other Developments 5. Other Welfare Measures for the Staff 5.
762 Hindi books. Active Directory. One issue of “NABSTATS”. 83 ISIEmergingMarketsPDF in-spjainmr from 115. Maharashtra. 66 RBI publications and 35 other manner. was also brought out during the year.20 The Central Library in HO at present houses 27. viz. programmes were The computer networking in the Bank is being strengthened through installation of F. besides 598 CD on various subjects. the repositioning consultant. The existing Windows Operating System (OS) would be replaced by Linux OS in a phased 5. it will be installed in 10 per cent of the newly purchased personal computers. Information Technology Video Conferencing (VC) facility 5. 69 NABARD publications.www. The Bank’s intranet portal “NABNET” became more user friendly with an extensive search facility. a bulletin of Statistical Information incorporating the performance of PACS. Unauthorized Distribution Prohibited. two Workshops on ‘Human Resources Management and Disciplinary Proceedings’ were conducted for 82 Senior Officers in Bengaluru and Kolkata. For the project in Phase 1.176.115. around 200 workshops/seminars/training conducted through VC.reportjunction.107 at 2013-09-02 17:18:09 EDT.. The Enterprise Resource Planning (ERP) software on Human Resource Management (HRM) would centralise. streamline and automate the entire HR operations across the Bank.333 English and 5. ISI Emerging Markets. Windows Server 2008.176. (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. 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. As a capacity building measure. Downloaded by in-spjainmr from 115. were continued to be made available on NABNET (intranet of the Bank) and updated every month. Data Management 5. The Central Complaints H. during the year. 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. Library latest switches. appointment and promotion. Phases 1 and 2 were started during the year and Project Management Groups were constituted for its implementation. Oracle. DownloadPDF.Enterprise Data Warehouse. which consists of the following: (a) Phase 1 – Human Resources Management (b) Phase 2 – Centralised Loan Management & Accounts (c) Phase 3 .115. the IT personnel of the Bank were exposed to the latest system/application software. and initially. viz. an Expression of Interest (EoI) was invited. Based on the report of KPMG and the subsequent study undertaken by Boston Consultancy Group (BCG).Business Processes (d) Phase 4 .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. the Bank finalised its future IT architecture and the IT road map to be implemented in phases. The mobile version of NABNET was also publications. including payroll and employee benefits. database. During the year.sansco.21 The revised and updated District Data Profile/ Banking Profile were included in the Potential Linked Plan (PLP) for 2011-12. Two data products.com www. In addition. G. a contract was awarded to the successful bidder and for the Phase 2 implementation. .107 on 2013-09-02 17:18:09 EDT. Two new parameters. etc.net Government of India.
On conclusion of the inspections and issue of Inspection Reports (IR). Mumbai’. Steps are on to replicate this in other staff quarters of the Bank.176. Central Vigilance Cell. co-finance.115.sansco. Dimapur. Unauthorized Distribution Prohibited.) under various schemes. is under Imphal process and in K. A ‘Vigilance Awareness Week’ was observed in the Bank from 25 October to 1 November 2010. and residential quarters at Chandigarh and Lucknow are expected to enter construction phase during 2011-12. in accordance with the Annual Inspection Programme approved by the ACB.www.nabard. 22 Regional Offices and two Training Establishments. purchase of plots for office quarters Gangtok.com www. the Inspection Department of the Bank carried out inspection of 16 HO Departments.107 at 2013-09-02 17:18:09 EDT. Further. In order to become more transparent in its functioning and eliminating scope for corruption.24 The Bureau of Energy Efficiency (BEE) has awarded a certificate with Four Star rating for the Bank’s building at HO. DownloadPDF. 5. Memoranda and synopses buildings/residential Agartala. Construction of Regional Office (RO)/Regional Training College (RTC) Buildings continued to be in progress at Bengaluru.reportjunction. The ACB reviewed the internal inspection/audit function in the institution . Office Premises/Residential Quarters Tracker System’. through which an applicant can track the status of any application submitted to NABARD for availing of services (grant/subsidy/soft loan.26 During the year 2010-11.107 on 2013-09-02 17:18:09 EDT. to ensure that the systems and procedures were duly followed. determined on the basis of energy efficiency norms fixed by them. an interface has been created on NABARD website (www.115. RTC Bolpur and Natural Resources Management Centre (NRMC).25 Vigilance Four Preventive Vigilance Inspections of Regional sourced to external auditors. while the concurrent audit of all RO/TE were undertaken by the Concurrent Audit Cells (CAC) set up in the respective RO/TE. continued to be out J. Itanagar and Mangalore. HO. The premises for Jammu RO. . i. respectively.net I. major areas of concern and SWOT analysis were submitted to the Top Management. Inspections and Concurrent Audits 5.e. Downloaded by in-spjainmr from 115. The Committee followed up on all the issues raised in the Statutory 84 ISIEmergingMarketsPDF in-spjainmr from 115. its quality and Offices were conducted by the Central Vigilance Cell (CVC). Patna. A project of converting solid waste into vermicompost was started in the Bank’s Kandivli staff quarters complex in Mumbai. Punjab RO & Haryana RO. for exchange of views among Public Sector Undertakings on vigilance related matters. This system became operational from 1 September 2010 and nine schemes have been initially introduced. of IR issued together with compliance were placed before the Management Committee (MC) and ACB for deliberation and guidance. Kolkata.. RTC Mangalore and NBSC Lucknow. Flash Reports (FR) incorporating positive features. 5. ISI Emerging Markets. Plots for construction of RO Buildings at Raipur and Dehradun have been allotted by the Chhattisgarh and Uttarakhand State Governments.org) called ‘Application Status effectiveness with focus on the follow-up of major areas of concern in housekeeping. Construction of residential flats is progressing in Raipur and Ranchi. 5. etc. HO became a member of the ‘Vigilance Study Circle.176. The Concurrent Audit of Head Office Departments.23 Construction of office-cum-residence complex at Port Blair was completed during the year.the system.
Rajya Sabha.reportjunction.04.sansco. The Committee on Government Assurances.2009 regarding appointment on compassionate ground in RRB. incentives and other related issues”. The Committee on Subordinate Legislation. Salem. held discussions in Port Blair. M.27 Public Relations NABARD continued to disseminate its regarding “Progress of work related with Official Language . Mumbai. service conditions. etc. Chennai and Kochi on 08. 2010. Asset and Liability Bengaluru.Rajbhasha” iv.176. finalisation of the annual financial accounts and report. ISI Emerging Markets. Law & Justice visited Mumbai. Parliamentary Standing Committee on Personnel. Guidance on matters of agriculture and rural development was provided to a number of visitors.107 on 2013-09-02 17:18:09 EDT. inspection reports of RBI. Visits of Parliamentary Committees 5. Parliamentary Committee on Papers Laid on the Table of the Rajya Sabha visited Mumbai. Ahmedabad from 21.28 During the year. Public Grievances. Bengaluru & Chennai from 13-19 June 2010.107 at 2013-09-02 17:18:09 EDT. regarding Assurance (i) Unstarred Question (USQ) No. on a fortnightly basis. 2008. v. It held discussions in Mumbai on 26 October 2010 L. Chennai & Kolkata from 20-27 June 2010. Unauthorized Distribution Prohibited. The Committee held discussions in Mumbai on 21 June 2010 regarding “Delayed laying of Annual Reports and Audited Accounts of Management. The Third Sub-Committee of the Committee of Parliament on Official Languages inspected Central Government offices located in Delhi. 3089 dated 23. brought out by the Ministry of Agriculture. 85 ISIEmergingMarketsPDF in-spjainmr from 115. iii.2010 to 29. Government of India. Rajya Sabha visited Hyderabad and Chennai from 17-22 December 2010.2010. the following Parliamentary Committees visited NABARD: i.10.www.176. and (ii) USQ No. 2053 dated 08. Situation after the ADWDR Scheme. DownloadPDF. .10. (ii) Priority Sector Lending Schemes with special reference to micro-credit to farmers. and (iii) programmes and activities through the print and electronic media. The Bank also sponsored a Coffee Table Book. from: respectively.12. The RMCB oversaw the functioning of the Credit Risk Management. Coimbatore. The Committee held discussions in Mumbai on 15 June 2010 regarding “Status of women employees. researchers and agri-preneurs throughout the year. and interacted with the external auditors before the ii. ‘Harvest of Hope’. 5. Downloaded by in-spjainmr from 115. students. 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. Bengaluru.2010 regarding time frame for debt waiver scheme. 10 and 11 February arising 2011.115. as a tribute to the Indian farmers.net Auditor’s report. protection against exploitation. NABARD” in Rajya Sabha.com www.115.. 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. 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.
107 on 2013-09-02 17:18:09 EDT. The Regional Implementation Office.sansco.29 Promotion of Hindi Hindi workshops were conducted during the GoI. respectively and to one Training Establishment and two HO Departments.www. Mangalore and NBSC. During the year. with a view to ensuring compliance with Rajbhasha Policy. DownloadPDF. . on-site inspections of four RO were undertaken. Rajbhasha Shield for excellent work in Hindi during 2009-10 was awarded to the best RO in Regions ‘A’. ISI Emerging Markets. Ministry of Home Affairs. Maharashtra RO and RTC. ‘B’ & ‘C’.115. During the year. viz. 5. 109 Potential Linked Credit Plans and 69 IR were prepared/issued in Hindi. Two RO.107 at 2013-09-02 17:18:09 EDT.176. Rajbhasha year.176. Unauthorized Distribution Prohibited. GoI also awarded prizes to Andhra Pradesh RO.com www. Downloaded by in-spjainmr from 115.115. Lucknow.net N. Rajbhasha orientation programmes for senior officers were also conducted at RTC.reportjunction. to facilitate increased usege of Hindi in office work. Karnataka and Chhattisgarh were notified under Section 10(4) of the Official Languages Act. 1963 by Department.. Mangalore. 86 ISIEmergingMarketsPDF in-spjainmr from 115.
005 crore.4 short-term credit.4 0.622 277 67. From an initial corpus of ` 4. The outstanding under the STCRC (Refinance) Fund.622 crore. with the share of GoI being 6. as on 31 March 2011.36.2 0 9.188 crore. B.2 0.872 crore. over the Sources of Funds A. stoodat ` 14.)] Fund are utilised for Table 6.115.9 0.176.675 15.57 per cent. These Funds are augmented by internal accruals and contributions made by the RBI.com www.03.3 ` The paid up capital.2011 Amount Share (%) 13.000 crore. 1. as on 31 March 2011.2 7.0 0.) 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 ` 2.000 crore each for 2009-10 and 2010-11. STCRC Fund 6.869 20.1: Sources of Funds (` crore) Particulars 31.2 42. DownloadPDF.9 14.4 The National Rural Credit (Long Term Operations) [NRC (LTO)] Fund and the National Rural Credit (Stabilisation) [NRC (Stab.448 124 0 503 0 360 11. Reserves & Surplus 6.863 16. The total market borrowings stood at ` 34.1 C.reportjunction. The amount of reserves and surplus increased by ` 1.4 43.58. as on 31 March 2011.2010 Amount Share (%) Capital.456 9. National Rural Credit (Long Term Operations) and the National Rural Credit (Stabilisation) Funds investment operations of and for conversion/ respectively. ISI Emerging Markets.sansco. like any other financial organisation has put in place a sound financial resources management system. 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.3 11.788 137 110 6.9 0.1 0.4 0.292 100.878 26. was 5.03.0 0.115. Reserves & Surplus NRC (LTO) and (Stab.58.1 0.717 8. Capital.net VI Financial Performance & Management of Resources NABARD. 6.983 9.107 at 2013-09-02 17:18:09 EDT.1 0.1) previous year.680 147 500 494 215 0 12. Downloaded by in-spjainmr from 115. During the year.www.1 0.000 crore against the authorised capital of 99 per cent and that of RBI at 1 per cent.5 1. The funds deployed for investment operations (including rural infrastructure development) and for production and marketing activities (including conversion) increased by ` 8. as on 31 March 2011. as on 31 March 2011. 12.0 1. The management of funds by the Bank and its financial performance during the year are detailed in this Chapter.045 14. .622 505 59. as on 31 March 2011. increased to ` 1. constituting 21.7 10.0 0. it was augmented with an additional allocation of ` 5.0 87 ISIEmergingMarketsPDF in-spjainmr from 115. reschedulement 31.004 379 763 2.7 7. respectively.3 0. Unauthorized Distribution Prohibited.2 The financial resources of NABARD (Table 6.176. an amount of ` 62 crore was contributed to these Funds.87 per cent of the total resources of the bank.1 9.622 crore.3 0.1 4.872 100. registering an increase of 16.7 16.7 0.5 for With a view to augmenting NABARD's resources short-term credit facilities to Co-operative Institutions.107 on 2013-09-02 17:18:09 EDT.945 crore and ` 10.747 crore.
The outstanding balance was ` 137 crore. The amount outstanding. aggregate outstanding RIDF deposits stood at ` 67. 6.176. This was mainly due to redemption of term deposits of ` 344 crore during the year.107 at 2013-09-02 17:18:09 EDT.14 Term Money Borrowings (TMB) of three to six months tenor were resorted to. ii.53 crore.009 crore. reflecting a decrease of ` 228 crore during the current year. to ` 228 crore as on 31 March 2011. Downloaded by in-spjainmr from 115. TMB worth ` 557 crore were raised and repayments to the tune of ` 1209 crore were made.056.115. . However. Unauthorized Distribution Prohibited. DownloadPDF.554 crore. 6. Term Money Borrowings 6.513 crore were redeemed. as against ` 59. outstanding as on 31 March 2010. as on 31 March 2011. additional funds to the tune of ` 421 crore were mobilised under Bhavishya Nirman Bonds (BNB).com www. vii. The outstanding in respect of borrowings from GoI stood at were issued during the year while ` 2.11 During the year.869 crore at the end of the previous year.8 Capital Gains Bonds Capital Gains Bonds aggregating ` 354. were made. at the end of March 2011. with repayments being ` 5.15 There were no borrowings from Government of India during the year 2010-11 whereas repayments of ` 23 crore.4 per cent over the deposits held as on 31 March. As on 31 March 2011. as on 31 March 2011.22 crore.115.net D.107 on 2013-09-02 17:18:09 EDT.13 Fresh Deposits (CD) of ` 137 crore were mobilised and ` 379 crore were redeemed during the financial year.11 crore short-term requirements.reportjunction. as at the end of March 2010. Borrowings i. as against ` 147 crore. on maturity of loans drawn under various externally aided projects. stood at ` 21. as on 31 March 2011.6 iv. iii.682 crore.www. The outstanding at the end of March 2011 stood at ` 24 crore.047. Certificates of Deposits borrowings through Certificates of commercial banks under RIDF VIII to XVI aggregated ` 13. received from the tea. as on 31 March 2011.sansco.878 crore. at the end of March 2011.12 No fresh bonds were issued during the year.320 crore viii. RIDF Deposits 6. 6. were redeemed during the year 2010-11 and the outstanding.975 crore as against the outstanding as on 31 March 2010 at ` 4. RIDF Deposits from vi. resulting in a net inflow of ` 8. 88 ISIEmergingMarketsPDF in-spjainmr from 115. stood at ` 4. as on 31 March 2010. ` 124 crore.10 Statutory Liquidity Ratio (SLR) Bonds worth nearly ` 90 crore were redeemed and the outstanding aggregated ` 99 crore. NABARD Rural Bonds 6. leaving an outstanding of ` 110 crore. ii. in order to meet E. coffee and rubber deposits rose from ` 124 crore.176.23 crore under RIDF VI to XVI. tea. 2010.9 Corporate Bonds Corporate Bonds amounting to ` 9. as on 31 March 2011. GoI Borrowings 6. as on 31 March 2011.7 During the year. The outstanding. 6. Deposits i. compared with the outstanding of ` 762 crore. under this segment of borrowing was ` 7. Bhavishya Nirman Bonds Term Deposits The amount of term deposits and deposits 6. Statutory Liquidity Ratio Bonds 6. an increase of 13. v. as against ` 505 crore at the end of the previous year. coffee and rubber companies aggregated ` 277 crore. ISI Emerging Markets.
742 199 60. Table 6.176.2010 Share (%) 7.1 26.17 An amount of ` 48 crore was drawn under KfW (UPNRM) which resulted in borrowings in foreign currency from KfW.885 193 0 38.628 3.00 24.255 84 133 2.0 0. Borrowings in Foreign Currency to allow borrowings against Short Term Deposits (STD) 6.www.18 Borrowings against Short Term Deposits The investment policy of the bank was amended x. . There has been a growth of 40.107 on 2013-09-02 17:18:09 EDT.com www.785 0 24. Short Term Loans.292 31.03.8 0 17.373 1.6 3.0 * : Including the amount subscribed to Special Development Debentures of SCARDB.8 per cent in availing of refinance by credit institutions under this segment (Table 6.2). 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.0 31. but ` 500 crore of past borrowings were repaid in full.7 100. As interest rates moved up.484 crore and RRB stood at ` 9.885 crore at the end of the year.896 167 66.1 21.537 5. which are in the nature of “Deemed Advances” 89 ISIEmergingMarketsPDF in-spjainmr from 115.2 0.03.107 at 2013-09-02 17:18:09 EDT. Germany. DownloadPDF.sansco. The outstanding borrowings against STD stood at ` 360 crore. Uses of Funds A. Medium Term (Conversion) Loans and Liquidity support 6.1 0.073 0 20 35. Unauthorized Distribution Prohibited.115.1 1.115.1 1.reportjunction.605 crore.7 0 0.872 Share (%) 6.16 There were no fresh borrowings during the year. aggregating ` 503 crore.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 9.3 0.7 0.1 2.176.750 1. as on 31 March 2011.7 100. 6.078 88 182 2. this option proved to be cheaper than raising resources through CP and CD.2011 Amount 10.7 0.54 per cent for 10 years.5 0.net ix. Downloaded by in-spjainmr from 115.868 228 33. ISI Emerging Markets. 6.2 0. Together with ST (OSAO) loans to SCB at ` 198 crore and RRB at ` 598 crore.19 The ST (SAO) loans advanced to the SCB at ` 23. xi. the total outstanding ST loans increased to ` 33. Borrowings from Commercial Banks hedged at an average annual cost of 1.1 0.1 44.1 41.36.58.
as on 31 March 2010. ` 10 crore and ` 801 crore. inter-alia. The profit before tax (PBT) and profit after tax (PAT) were at ` 1. amounted to ` 167 crore on 31 March 2011.23 The commercial banks to co-finance various projects. stood at ` 88 crore (Table 6.net B. FITF.2).255 crore at the end of previous year. refinance provided for investment credit activities grew by 8. in the previous year.115. respectively. 6. respectively. ` 50 crore. NRC (Stabilisation) Fund and Reserve Fund. and NFS promotional activities) stood at ` 182 crore as on 31 March 2011 (Table 6. respectively. compared with ` 60. G. Investment of Surplus Funds 6. Capital Adequacy Asset-Liability Management prescribed by the RBI/Board.64 per cent per annum during 2010-11. Unauthorized Distribution Prohibited. FTTF and FIPF.002 crore were kept in the form of Short Term Bank Deposits to meet liquidity and contingency requirements.078 crore. During the year. DownloadPDF. as compared to 24. Other Loans 6. currency-wise sensitivity structural liquidity vis-à-vis and role of ALCO includes. There was a decrease of ` 32 crore as compared to the position as on 31 March 2010 (Table 6.965 crore for the year 2009-10. FIF. WDF. ALCO also manages The liquidity/interest rate risks.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.27 The capital to risk-weighted assets ratio (CRAR) was 21.26 The total income of NABARD during the year amounted to ` 9. The average cost of borrowings (interest expenditure as a per cent of average borrowings) decreased from 6. C. F. Cooperative Development Fund. as on 31 March 2011 as against ` 35.83 per cent per annum during 2009-10 to 6. due mainly to redemption of high cost borrowings. an aggregate amount of ` 261 crore was transferred to various Funds.reportjunction.24 Other loans extended out of different Funds (CDF.824 crore and ` 1. D. NRC (LTO) Fund. as on 31 March 2011. FIPF. reviewing the Bank's interest-rate limits positions prudential 6. KfW UPNRM.www. as against a minimum 9 per cent stipulated by RBI. 90 ISIEmergingMarketsPDF in-spjainmr from 115.76 per cent. recording a net outflow of ` 5.742 crore.com www. as on 31 March 2011. Downloaded by in-spjainmr from 115.272 crore and ` 1. Project Loans under RIDF E. Securities and other Financial Instruments to the extent of ` 6. as on 31 March 2011.. monitoring results of periodical stress testing of cash flows and identifying a suitable ALM strategy.28 The Asset-Liability Management Committee (ALCO) of the Bank oversees the monitoring and management of market risk. during the year.83 per cent (Table 6. Research and Development Fund. MFDEF.115.558 crore.2).823 crore during the year (Table 6.107 on 2013-09-02 17:18:09 EDT.097 crore and amounts aggregating ` 9. ISI Emerging Markets. at the end of previous year. Co-finance Bank entered into agreements with 6. were transferred to Special Reserve u/s 36(1) (viii) of IT Act 1961.176.2).202 crore as against ` 7.896 crore. as on 31 March 2011. Investment Fluctuation Reserve. TDF. An amount of ` 360 crore.25 The surplus funds were deployed in Government 6.176.22 Refinance assistance extended to banks for medium and long term investment credit reached a level of ` 38. Further. The outstanding (net of provision).2). Income and Expenditure 6.279 crore.107 at 2013-09-02 17:18:09 EDT. Investment Credit 6. as per the comprehensive ALM/liquidity policies approved by the Board.2).95 per cent.sansco.20 RIDF loans to State Governments stood at ` 66. Non-Project Loans 6. . viz. as compared to the PBT and PAT of ` 2.
net Annual Accounts 2010-2011 91 ISIEmergingMarketsPDF in-spjainmr from 115.107 on 2013-09-02 17:18:09 EDT. . DownloadPDF.176.176.115. ISI Emerging Markets. Unauthorized Distribution Prohibited.115.www.107 at 2013-09-02 17:18:09 EDT.reportjunction. Downloaded by in-spjainmr from 115.com www.sansco.
97% of interest income (includes interest on ‘deemed advances’ as per Note B-14(b) of Schedule 18) and 0.: 046070 HO : 501.04% 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. ISI Emerging Markets. 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. read with Significant Accounting Policies and notes on accounts.29% of advances (includes deemed advances as per Note B-14(c) of Schedule 18).107 on 2013-09-02 17:18:09 EDT. Department of Financial Services. 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. 2011. iii. Website : www. Those standards require that we plan and perform the audit to obtain reasonable assurance about whether the financial statements are free of material misstatement. b. and ii.176. 0.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. 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.reportjunction. 17. These unaudited offices account for 19. Our responsibility is to express an opinion on these financial statements based on our audit.400 009. 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. the Cash Flow Statement gives a true and fair view of the cash flows of the Bank for the year ended on that date. An audit includes examining. Membership No. d.115.08% of interest expenses.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. 107564W Ashok Rajagiri Partner. 1984.pparikh. e.1/14/2004-BOA dated January 03. These financial statements are the responsibility of the Bank’s management. Place: Mumbai Date: May 30.net P . Parikh & Associates Chartered Accountants Firm Registration No. We have conducted our audit in accordance with auditing standards generally accepted in India. the Balance Sheet. These offices and training Centre have been selected in consultation with the Bank in terms of notification no. Subject to the limitations of the audit mentioned in paragraph 1 above. 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.sansco. Sujata. In our opinion. We believe that our audit provides a reasonable basis for our opinion. Also incorporated in the Balance Sheet.F. Fax : 23415455. on a test basis. 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 31.107 at 2013-09-02 17:18:09 EDT. Mumbai . 2011 issued by Government of India. Ministry of Finance. off Narsi Natha Street. evidence supporting the amounts and disclosures in the financial statements.176. Downloaded by in-spjainmr from 115. and the Profit and Loss Account. 23437853. 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. The returns received from the Regional Offices and Training Centres of the Bank have been found adequate for the purpose of our audit. .www. 2011 For and on behalf of P . Unauthorized Distribution Prohibited. c. we report that: a. Tel : 23443549.115. DownloadPDF.com www.
00 11862.67.96 15983. S. 2.40 82776. Downloaded by in-spjainmr from 115.68 234.03.23 3431.44 592. Unauthorized Distribution Prohibited. 6.107 at 2013-09-02 17:18:09 EDT.64 4706.59.00 138. FUNDS AND LIABILITIES No. 3.33. 2011 Rakesh Singh Chairman Dr.56 2601.79.65. 107564W Ashok Rajagiri Partner : M. 1981) Reserve Fund and other Reserves National Rural Credit Funds Funds out of grants received from International Agencies Gifts.107 on 2013-09-02 17:18:09 EDT.47. 8.00.21.176.44 592.38.49 7681.24.89. 2011 17 18 SCHEDULE As on 31.29.26. 046070 Mumbai Date : May 30.87.48. Parikh & Associates Chartered Accountants FRN.14 158872.09. DownloadPDF.57 2735.09.89.115.2011 107.2011 (` in '000) As on 31.net NATIONAL BANK FOR AGRICULTURE AND RURAL DEVELOPMENT BALANCE SHEET AS ON 31 MARCH 2011 Sr.03.54 10 11 12 13 14 K Jayakumar Director 93 ISIEmergingMarketsPDF in-spjainmr from 115.75 17199.09.93 126027.13.www.184.108.40.206.63 2000.63 As on 31.50.54 10.84 136292.03 20004.06. SCHEDULE As on 31.33 16045. 7.95 229.2010 1.20 563.reportjunction. K C Chakrabarty Director Alok Nigam Director K.115.68 4864.00.54 107092.00.03.00 149.71.13.02. 5.72. Donations and Benefactions Other Funds Deposits Bonds and Debentures Borrowings 1 2 3 4 5 6 7 8 9 2000. 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 .63 2520.00 10674.20 563. No.65.09.00.79 193.03.sansco.2010 9628.82 2137. ISI Emerging Markets.00.73. Padmanabhan Chief General Manager Accounts Department Mumbai : May 30.62. . Grants.80 158872.176.36 69996.29.10 5546. 9. Capital (Under Section 4 of the NABARD Act.12 5177. Current Liabilities and Provisions Total Forward Foreign Exchange Contracts (Hedging) as per contra (` in '000) Sr. PROPERTY AND ASSETS No.99.com www.41 136292. 4.53 26788.
98 7378. Mumbai Date : May 30.115.13. 046070.23 9220.127.116.11. 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 . K C Chakrabarty Director Alok Nigam Director K Jayakumar Director 94 ISIEmergingMarketsPDF in-spjainmr from 115.20 0 147.86.06 23.99 943.44 10.00 10.176.00.21.00.99 44.73 2.49 116.05 1823.88 35.39.00.1 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.00.65.14 11.54 2.00.04 9.00 10.88. Unauthorized Distribution Prohibited.65 2.00 67.00 84.00.41 1481.36 5692.60.00.00.63.sansco.46 1255.45.55.80.00 50.99 30.01.27 6. Downloaded by in-spjainmr from 115.74 132.26.02 460.82.40 96.23. Parikh & Associates Chartered Accountants FRN.60.26.61 3.00.88.85 1126.15.www.73 350.00.00. 2.01.00 64.00 1558. No.34 22.00 1481.34. DownloadPDF.107 on 2013-09-02 17:18:09 EDT.07. 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 .85 89.40.00 679.01 2009-10 4988.39.06. 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.07 2010-11 6193.00 400.02 (` in '000) 2009-10 6653.65 33.58 547.94 1.00.00 1279. ISI Emerging Markets.00.57.27 647.09.com www.18.104.22.168 17.107 at 2013-09-02 17:18:09 EDT. K.2 3. 107564W Ashok Rajagiri Partner : M.No.32 17.02 2009-10 1558.34.net NATIONAL BANK FOR AGRICULTURE AND RURAL DEVELOPMENT PROFIT AND LOSS ACCOUNT FOR THE YEAR ENDED 31 MARCH 2011 Sr.70.05.67.115.31.00.97.49 1.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 8169.93 55.68.62 7964.20 50.05 0 96.00 0 0 0 1628.07.04 9.00 0 801. Padmanabhan Chief General Manager Accounts Department Mumbai : May 30.86.29.00 6. .83.00 5.60.61 360.79.62.00 25.45.No.58.75 2.05. 2011 Rakesh Singh Chairman 2010-11 1279.00. APPROPRIATIONS / WITHDRAWALS 1.74 2272.01.reportjunction.00 10.00 3.94 0 0 0 80. S. No.00.67.04 10.27 7 (` in '000) Sr.36 1628. 2011 Dr.
53 259.00 50.31 16.00 5.77 73.00 10674.03.00. Downloaded by in-spjainmr from 115.06.29 2.00.58.00 0 0 0 4445.www.00 50.13 1.52.20 1378.com www.64 95 ISIEmergingMarketsPDF in-spjainmr from 115.00.69 0 14.00 15983.00 15571.37 16.31 (-)33.32 Transferred to P&L Appropriation 0 17.00.00 16045.00.18.107 at 2013-09-02 17:18:09 EDT.03.15. No.22.214.171.124.00 National Rural Credit (Long Term Operations) Fund 14417.75 25.61.00.65 6.00.49 0 116.00.00. Particulars No.00.00.07 1154.81.07.04.2010 5902.96 Balance as on 31.04 0 0 0 0 2.06 15.92 138.03.00.77 83.96 Schedule 2 – National Rural Credit Funds (` in '000) Sr.59.62.00 Balance as on 31.41 31.31.16.00 11862.52 55.79 0 0 79.20.00 25.17 0 4.07.32 10.00 50.25.80. 2 Opening Balance as on 01.00 2.NABARD V Fund for Adivasi Programme Total Previous year 55.net SCHEDULES TO BALANCE SHEET Schedule 1 – Reserve Fund and Other Reserves (` in '000) Sr.00 National Rural Credit (Stabilisation) Fund Total Previous year 1566.00.00.60 Additions/ adjustments during the year 0 0 0 0 0 0 0 0 0 0 0 0 5.00 10.00 1.20 190. Particulars No.02 149.04.00.00 410.00 10.00 0 0 80.33 10674.00 0 Transferred From P&L Appropriation 801. .00 74.00.00./Disb.30. Opening Balance as on 01.30 4.00 2.65 6.00.00. 1961 Producers' Organizations Development Fund Rural Infrastructure Promotion Fund MFDEF . DownloadPDF.00 5.73./adjusted during the year Balance as on 31.68 0 4. ISI Emerging Markets.00.00 15983.00.00.00 1577.96 9535.00.2011 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.00 25.00.80.38 9.97 17. 1.80 50.00 60.56 8.06.02.2010 Contribution by RBI 1.00.00.61.91.39.00.00 Schedule 3 – Funds out of Grants received from International Agencies (` in '000) Sr.00 80.00.00.89.00.reportjunction.00.32 0 0 0 360.49 91.00 0 2.Reserve Fund Farm Innovation & Promotion Fund Total Previous year 6703.00 125.00.00 147.00. 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 .04.53 145.2010 the year Interest credited to the Fund Exp.19.115.39.00.Swiss Development Coop.2011 1 2 3 4 National Bank .67.67.28.00 Transferred from P&L Appropriation 50.90.39 50.00 50.34.33.00.00 74.00 147.87.04 4085.00.176.00 5.05.05.49 0 2. Particulars Opening Grants received/ Balance as on adjusted during 01.00.00 125.70 14.2011 14468.99.56 149.14.87. Unauthorized Distribution Prohibited.41 17.sansco.107 on 2013-09-02 17:18:09 EDT.05.115.64 154.176.
54 0 9.00 50.sansco.18 16.85.28 0 0 0 0 44.69 3.37.60 0 1.55 3.73 9.74 4.39 3.63.17 9.94 5.67 9.00 14.16.75 1.00 126.96.36.199.76.67 3.03.53 0 0 (-)1.06 1.84 1.07 58.21.11.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 .net Schedule 4 – Gifts.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) 6.15 199. 1 2 3 4 5 6 7 8 9 10 11 12 13 14 Capital Investment Subsidy for Cold Storage Projects .03.11 86.86.38 1.63 1.74 (-)19.00 0 0 0 1.41 3.69 (-)7.06 11.18.52 20.Risk Mitigation Fund International Fund for Agriculture Development (IFAD) Priyadarshini GTZ .24. Donations and Benefactions (` in '000) Sr.19 2.03 26.93 KfW . DownloadPDF.92 0 16.8 of Schedule 18) Indo German Watershed Development Programme Andhra Pradesh (Refer Note B.23 39.36 2.Maharashtra (Refer Note B.00 Particulars Opening Balance as on 01.8 of Schedule 18) KfW Umbrella Programme on Natural Resource Management Fund (Refer Note B.Financial Contribution KfW UPNRM .60 1.55 0 0 50.45 (-) 6.66 4. Unauthorized Distribution Prohibited.66 58.8 of Schedule 18) Indo German Watershed Development Programme Rajasthan (Refer Note B.89.49 2.115.79 188.8.131.52 12.30 7.176.24 11.01.73 74. A.80 71 53 1.Uttarakhand Regional Economic Development KfW-NB-Indo German Watershed Development Programme Phase III .47 0 11.96 6.22.107 at 2013-09-02 17:18:09 EDT.44 86.44.84 1.00 83.8 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 19.00.12.66 4.25 0 31.61 99.94 0 2.18 3.66.reportjunction.94 97.2010 Grant received during the year Interest Credited to the Fund Adjusted against the expenditure Balance as on 31.88 81.3 of Schedule 18) NABARD Grant for Fixed Assets under NB-SDC HID Project GTZ-NABARD RFP .85.76. Downloaded by in-spjainmr from 115.84 82.93.78 0 0 0 0 0 0 16.Bihar (Refer Note B. ISI Emerging Markets.74 10.31 19.com www.00.07 0 27.72 11.92 2.05.18.24 18. Grants.63.98 184.108.40.2061 96 ISIEmergingMarketsPDF in-spjainmr from 115.60 11.95.82 19.22 14.84 11.32.09.02 1.www.48 52.64.8 of Schedule 18) KfW UPNRM .65.NB .88 70.00 2.15 182.42 220.127.116.11.Accompanying Measures KfW NB UPNRM . 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 B.18.Bihar Bihar Ground Water Irrigation Scheme (BIGWIS) Cattle Development Programme Uttar Pradesh (Refer Note B.84.38.64.00.66.115.39 2.59.31.00 2.51 6.80 0 27.107 on 2013-09-02 17:18:09 EDT.8 of Schedule 18) Indo German Watershed Development Programme Gujarat (Refer Note B.11 96.33 73 15 0 9. .24.96 1.00 1.98 0 42.32 52.00 0 0 0 0 0 0 0 0 0 8.8 of Schedule 18) Cattle Development Programme .10 0 0 25.42 78.11 43.04.55 89.46 6. No.31 2.176.IX Adivasi Development Programme Maharashtra (Refer Note B.07 0 0 0 0 18.104.22.168 0 11.98 1.25 2.96 6.
067.906 114.04.00.92 1.694 104.126 200.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 81.25 19.71.Rae Bareli.reportjunction.8 of Schedule 18) Multi Activity Approach for Poverty Alleviation .00 20.12. Unauthorized Distribution Prohibited.00 10.75.2011 39.58.406.14 24 1.27.979 525.00 31.991 5.922 47. Grants.25.539 54.62.657 97 ISIEmergingMarketsPDF in-spjainmr from 115.32 2930.64 25 26 27 28 29 30 31 32 33 34 35 36 C 1 2 3 4 5 D 160.net Schedule 4 – Gifts.37.37 0 92.82 7.09. ISI Emerging Markets.61. No.98 83.52 1.2007) Capital Subsidy for Agriculture Marketing Infrastructure.89.176.8 of Schedule 18) Livelihood Advancement Business School .725 122.33 1.000 47.50 77.115. Uttar Pradesh (Refer Note B.115.047 19.00.00 31.35 12. Uttar Pradesh (Refer Note B. Grading and Standardisation Centrally Sponsored Scheme for establishing Poultry Estate Livelihood Advancement Business School Sultanpur.BAIF . Uttar Pradesh (Refer Note B.34 0 22.214.171.124 0 Interest Credited to the Fund 0 0 0 0 0 0 2.31 1.107 on 2013-09-02 17:18:09 EDT.8 of Schedule 18) GTZ UPNRM Technical Collaboration CSS .2007 (SEFASU .04 0 (-)1.00 0 4.87.245 (-)4.48.915 3.79.067.00 1.53 2.132 6.000 26.279.05 1256.000 (-)320.61 1256.45.310 21.54 0 41.96 1.000 386.Rae Bareli.027 188. Downloaded by in-spjainmr from 115.59.65 5.07.61 7.854 15.31.19 9.00 11.03 2.892.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 .14. .12.92.313.52 1.57 38.10.00 35.8 of Schedule 18) Multi Activity Approach for Poverty Alleviation Sultanpur.79 3750.58 10.42 9.81 10. Donations and Benefactions (` in '000) Sr. Uttar Pradesh (Refer Note B.00 1.00 (-)1.14 0 51.16.73 1.47 16.03.018.900 0 29.200 200.74 419. 15 16 17 18 19 20 21 22 Particulars Opening Balance as on 01.12 16.39.98 Grant received during the year 0 12.27 41.39.60.00.08 Adjusted against the expenditure 25.90 Balance as on 31.00 0 (-)11.64 3.97.37 1240.34.24.826 0 50.on Pig Development Dairy Entrepreneurship development Scheme CSS .47 23 47.2010 64.93 257.60.sansco.94. DownloadPDF.41 1.073 91.www.90.92 5.65.887.00.85.00 20.S & R Male Buffaloe calves CSS .68.657 51.68.71 134.425 139.62 32.com www.86 200.352.08 0 0 0 0 0 0 0 0 0 0 0 0 0 53.06.68 54.93 0 0 0 0 0 0 1.04.91 98.JNN Solar Mission CSS .135 320.40.48 0 3.78 11.00 2.103.92.01 39.51.943.16 Kutch Drought Proofing Project Dairy and Poultry Venture Capital Fund Poultry Venture Capital Fund Scheme for providing Financial Assistance to Sugar Undertakings .82.85 20.96 5.53 0 5.600 (-)160.107 at 2013-09-02 17:18:09 EDT.252 0 0 0 0 0 0 6.21 1.512 252.60.50.63 5.451 126.
89. DownloadPDF.25 827126.96.36.199.50 22.73 865. ISI Emerging Markets.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.50.03. Particulars No.15.2011 1 2 Watershed Development Fund Micro Finance Development and Equity Fund (Refer Note B.68 691.58.107 at 2013-09-02 17:18:09 EDT.89 55.net Schedule 5 – Other Funds (` in '000) Sr.188.8.131.52 0 0 184.108.40.206 23.www.97 3 145.00 7.77 54.80.15 67877.64 5 6 7 8 52.00 96.12 98 ISIEmergingMarketsPDF in-spjainmr from 115.00.99.00 2735.08 101.00 33.37 33.70 4975.46.00.61 48.90 0 0 0 0 10.05.04.63.00.25 69996.10.28 1150.28.00 5.00.20.55 151.03.93 220.127.116.11 366.2011 98. 1 2 3 4 5 SLR Bonds Non Priority Sector Bonds Capital Gains Bonds Bhavishya Nirman Bonds NABARD Rural Bonds Total As on 31.49 As on 31.52 14622.41 18.104.22.168 9 Schedule 6 – Deposits (` in '000) Sr.41 20.00 0 11.39 0 101.01 0 81.82.00 922.214.171.124.06.8 of Schedule 18) Financial Inclusion Technology Fund (Refer Note B.03 Schedule 7 – Bonds and Debentures (` in '000) Sr.107 on 2013-09-02 17:18:09 EDT.73.09 14876.86.00.23 0 0 0 0 0 0 0 4.2010 0 0 123.54 43.73 4 126.96.36.199.115.during the year Transferred to P&L Appropriation Balance as on 31.com www.40.29.2011 0 0 228.69 10.68.99. 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 31.64.67 45.2010 Additions/ Adjustments during the year Transferred from P & L Appropriation Interest Credited Expenditure/ Disb.30.67.19.00.70 21682.06 23.sansco.20.38. Downloaded by in-spjainmr from 115.03.31 1054.86 1.55 2.23.55 20.01.45 0 7.40.57 20004.39 10.2010 188.54 139.115.69 381.21.53 As on 31.00 3431.99.02.63 9.32 59868. Unauthorized Distribution Prohibited.75 138.57 26788.89 13.83.00 361.06.99. Particulars No.188.8.131.52.46 19.16 0 0 0 0 157.36 2101.11.36 1.55.41 2735.reportjunction.15 184.108.40.206 64.40 4554.03 51.40 1.8 of Schedule 18) Farmers Technology Transfer Fund Total Previous year 1102. .26 72.70 100.05.77 9622.57 12. Particulars No. Opening Balance as on 01.03.46.75 139.03.83.64.220.127.116.11 1897.00.
18.104.22.168 90.06. Particulars No.54 4.29.36.net Schedule 8 – Borrowings (` in '000) Sr.44.71.80 533.00 1.19 of Schedule 18) Provision for Pension (Refer Note B. 1 2 3 4 5 6 7 8 9 10 11 12 13 14 Interest / Discount Accrued Sundry Creditors Subsidy Reserve (Co-finance. Sec. Particulars No.18 15.64.61 5177. DownloadPDF. 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 31.03.45.44.09.46 922.214.171.124 126.96.36.199 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.57.00.48.2011 7 38.15 91.44 7681.03.32 90.93 25.27 41.40.90 2679.03.19 of Schedule 18) Provision for Encashment of Ordinary Leave (Refer Note B.64.37.81 934.00 0 494.equity (d) Countercyclical Provisioning Buffer (Refer Note B.02.45.00.39.12 0 188.8.131.52 0 107.65.34 762.00.03.115. Downloaded by in-spjainmr from 115.CSAMI under RIDF Provision for Gratuity (Refer Note B.01 5.53.45.00 35. .2010 2489.107 at 2013-09-02 17:18:09 EDT.76.16.46.00 17.82 9000.38 50 0 594.00 0 360.2010 146.01 40.03.07.48 4864.91.94.07 0 136.2011 3527.71 0 As on 184.108.40.206 on 2013-09-02 17:18:09 EDT.26 As on 31.97.36 0 8.64.41 801.176.80 1.14 6447.HTM (b) For Standard Assets (c) Depreciation in value of investments .89 1.03.115.96 5.80 As on 31.41 8 0 12.90.2011 123.reportjunction.14 5546. .04.44.sansco.25 690.90.84 Schedule 10 – Cash and Bank Balances (` in '000) Sr.00 500. 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 31.73.00 68.18.80 594.00 3.57.2010 12 25.75 99 ISIEmergingMarketsPDF in-spjainmr from 115.28 93.20 20.86.31 401.76 220.127.116.11.www.81 0 110.33.68 Schedule 9 – Current Liabilities and Provisions (` in '000) Sr.79.64 -9.14 694.com www.Cold Storage) Subsidy Reserve .27 of Schedule 18) (e) Sacrifice in interest element of restructured loans (f) Provision for Other Assets & Receivables Total As on 31.00 0 3.00 502. Unauthorized Distribution Prohibited. ISI Emerging Markets. Particulars No.37 228.40 0 0 9628.10 379.
115. DownloadPDF.00 17199.Equity shares of ` 10 each] Agriculture Insurance Company of India Ltd.00.107 at 2013-09-02 17:18:09 EDT.00 193.03.Business Fund APIDC .31.21. [1562500 (12.00 15.000 (53.000 (1.80.00.00.000 (52.40.00 60. [84.25.51 6.00.00.00.04)] b) Treasury Bills 2 3 (a) (b) (c) (d) Other Approved Securities Equity Shares in : Agricultural Finance Corporation Ltd.000) .54 100 ISIEmergingMarketsPDF in-spjainmr from 115.000) .93 0 900.98.176.00 1861.Equity shares of ` 10 each] including 312500 Bonus shares allotted during the year National Commodity and Derivatives Exchange Ltd.www.70 (` 1979.00 (NIL)] Units of Liquid Mutual Funds (Refer Note B-22 of Schedule 18) SEAF .65.net Sr.com www.000 ` 5.000) .00.11.20.00.55 2548.60.115.00.50 13.00.98.00.00.59.03 1991.Equity shares of ` 10 each] Others Commercial Paper [Face Value `.00.000) .09.87.000 (1.APIDC-V Investment Total ` 8.1950.00.00.000) .2011 as on(` in '000) as on 31. No.56 225.00.09 0 0 1.00.50.99.Equity shares of ` 10 each] (iii) Manganese Ore India Ltd.000) .00.00 60.00 0 0 1. [56.50.14 of Schedule 18) Non Convertible Bond Shareholding in subsidiaries and Joint Venture NABARD Financial Services Ltd.Equity shares of ` 10 each] NABARD Consultancy Services Pvt.16.000) .Equity shares of ` 10 each] (ii) Power Grid Corporation of India Ltd.00 0 0 5.00 1.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.00.00.India Agri . [28592 (NIL) .Equity shares of ` 10 each] (iv) Punjab & Sindh Bank [7958 (NIL) . [52.00. [50.00 ( `.60 ` 25. Ltd.99. Sr.67. Downloaded by in-spjainmr from 115.700.000 (6. [17389 (NIL) .83 0 13461.00. [52.00 48.09 (` 1971. Unauthorized Distribution Prohibited.00.80. .000 ` 5.00 1.000 (50.29.73 ` 43.61.00.00)] Certificate of Deposit [Face Value `.Equity shares of ` 10 each] Other Equity Investments (i) Coal India Ltd.00.sansco.42.34 37.95 ` 9.00 48.00.00.16.Ventureast Life Fund III BVF (Bio-Tech Venture Fund) .60. ISI Emerging Markets.000 (52.2010 a) Securities of Central Government (Refer Note B-7 of Schedule 18) [Face Value ` 2599.50.00 5.00.00 13413.65.26 390.000 each] Small Industries Development Bank of India [1.000) .reportjunction.03.00.00 5.107 on 2013-09-02 17:18:09 EDT.04 1.Equity shares of ` 10 each] Agri-Business Finance [Andhra Pradesh] Ltd.Equity shares of ` 10.00.000 (52. [6.00 5.91 744.50 4.60. [1.00.850) .70)] [Market Value ` 2518.104.22.168.00 (e) (f) 16.90 0 18.000 ` 42.50.785. 1 Particulars Particulars Government Securities Schedule 11 – Investments as on as on 31.Equity shares of ` 10 each] Multi Commodity Exchange of India Ltd.176. [11719 (NIL) .Equity shares of ` 10 each] Agri Development Finance [Tamil Nadu] Ltd.
22.115.24 66.02 6.09 1.14.2011 33884.35 263.24.93 1.63.00 60255.13 1.43.2010 24073.96.03 71.21 1.12. DownloadPDF.96 2.72 12.99.176. Unauthorized Distribution Prohibited.89 198.48.51.04 22.214.171.124.01 259.58 126.96.36.199 229.08.08.78 1.107 at 2013-09-02 17:18:09 EDT.22.03. No.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 31.75 5.05 85.00 87.22 3.34.47 54.36 77.reportjunction.65 107.01.30 4.33 107.15 3. Downloaded by in-spjainmr from 115.72 1.51.46 156.net Schedule 12 – Advances Sr.63 (` in '000) as on 31.80 0 188.8.131.52 68.60.57 1.33.30 2.81.48 72.09.84 11.22.00.95 (` in '000) as on 31.92.27 184.108.40.206.54.68 220.127.116.11 57.70 8.02.82 18.104.22.168.17 22.214.171.124.59 72.04 4.23 126.96.36.199 188.8.131.52 2 3 4 5 101 ISIEmergingMarketsPDF in-spjainmr from 115.60. Particulars No.66.sansco.67 60.76.67 0 0 25435.33 193.24.83 68.35.23 58.20 39.70 13.20.00 22328.04 114.56 3.71.80 2184.108.40.206 2 a) b) c) Schedule 13 – Fixed Assets Sr.220.127.116.11.11 18.104.22.168 22.214.171.124.10 144.08.48.32 10.08.96. 1 a) b) c) d) e) Particulars Refinance Loans Production & Marketing Credit Conversion Loans for Production Credit Medium Term Investment Credit.24.13 38.26.54 1.www.36 0 0 20.29 40.39.03.28 10.68 8.68.16 53.45. 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 126.96.36.199 58.45 62.64 259.97 4.55 1.61 0 66077.107 on 2013-09-02 17:18:09 EDT.83 57.2010 144.27.2011 146.50 4.23 167.75 50.08.08. ISI Emerging Markets.55.48 1.03.47.47 1.77 146.27.57 57.36 1.27.00. .75.02.16 148.76 234.95.76.03.45.06 56.09 6.48 2.com www.08.59.20 32.06.
19 34.32.26 0 7.62 3.34.39 60 29.Maharashtra t) KfW .19 62.115.00 1.com www.78.48.06.14 1496.11.85 24.06.20.86 140.21.77 15.93 233.01.reportjunction.Andhra Pradesh r) Indo German Watershed Development Programme . .46 2.36.15. Commission & issue exp.35 1. Discount Receivable Total 1815.39 22.28 37.25.107 at 2013-09-02 17:18:09 EDT.176.IX Adivasi Development Programme u) Indo German Watershed Development Programme .79 1.71. Particulars Particulars Schedule 14 – Other Assets as on as on 31.13 2.80 18.44 5.06 51.45.NB .35.24 1.52.86 247.86 4.sansco.28.36 14. DownloadPDF.48.00 5.67.50. Sr.47 130.14 5.NB Indo German Watershed Development Programme Phase III . Brokerage.74 5.45.net Sr.80.63 21.55 11.50.00.31 0 25 76.36 6.86.80 6193.80.47 1.65 22.00 2.60 2137.69.22 9.78 5.70 18.37 3714.05.91.14.80 188.8.131.52.07. on Bonds and Securities Total 10. 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.78.91 6.22 2.176.82. Uttar Pradesh aa) Multi Activity Approach for Poverty Alleviation BAIF Project Rae Bareli.35 184.108.40.206 3.45.84 53 21.41 Sr.30.35 6.39 128.76.35. Particulars No.48 45. 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.58 4.21 124.2010 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.44.46 71 1. Uttar Pradesh z) Livelihood Advancement Business School RF Project Rae Bareli.58.54 3.04 6.78 16220.127.116.11 11.Rajasthan s) KfW .08 4.107 on 2013-09-02 17:18:09 EDT.83 2872.26 4.58 10.47 317.10.Gujarat v) Corporate Borrowings from Banks and FIs in India w) Rural Innovation Fund x) Livelihood Advancement Business School RF Project Sultanpur.74 3 6. Particulars Sr.14.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 .115.72 26.37 65.77 4.04 2.22.08 4. No.73.50 68 18.104.22.168.58 102 ISIEmergingMarketsPDF in-spjainmr from 115.03.57 1.03.08 20. Unauthorized Distribution Prohibited.26 81. Downloaded by in-spjainmr from 115.29.75.08.97.84 38.46 31.03 51.24.28. ISI Emerging Markets.19 61.57 22.214.171.124 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.16 4988.5 of Schedule 18) j) Borrowing aginst ST Deposit k) KfW UPNRM .19 8.2011 as on (` in '000) as on 31. Uttar Pradesh y) Multi Activity Approach for Poverty Alleviation BAIF Project Sultanpur.58.82.89 2520.www.19 1680.25 5.74.07 259.03 23.
com www.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.81.16 1.06. . Telegrams & Telephones Repairs Auditors' Fees Legal Charges Miscellaneous Expenses Expenditure on Miscellaneous Assets Expenditure on Study & Training [Including ` 7.00 3.21 8.75 1.29 3.63 24.03.62.33 0 0 37.2011 37.15 13. Downloaded by in-spjainmr from 115.397(` 5. No.05.71.05 44.93 103 ISIEmergingMarketsPDF in-spjainmr from 115. No.04 10.46.Equity Sacrifice in interest element of restructured Accounts Other Assets / Receivable Total 2010-11 2010-11 (` in '000) 2009-10 0 0 32. Insurance.34 18.46 19.60 126.96.36.199 35.22 84.01.94 188.8.131.52.81.06 17.10 23. 1 2 3 4 5 6 7 8 Particulars Particulars Provisions for : Amortisation of G.44.24 0 (-)5.59 132.82.00 (-)53.44 96. Sr. Sec Standard Assets (Refer Note B.27 16 17 6.176.60 3.46.14 2.86. Travelling Expenses Printing & Stationery Postage.107 at 2013-09-02 17:18:09 EDT.60.67 29.36.01.01.2010 60.60.96 2.47.32 184.108.40.206 2.08 (-)8.96.00 47.097) 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.97 41.60 11.65 19.59 44.115.29 As on(` in '000) As on 31.43 6.77 1. 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 Particulars Particulars Salaries and Allowances (Refer Note B.06 2(` in '000) 2009-10 2.80.net Schedule 16 A – Establishment and Other Expenses Sr. No.29 37.98 24.06 Schedule 17 – Commitments and Contingent Liabilities Sr. Sr.58 7.reportjunction.27.86 40.107 on 2013-09-02 17:18:09 EDT.88 3.56 2.80.40 220.127.116.11.00 17.sansco.57. 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.81.87 8.39. DownloadPDF.85 6.35 18.104.22.168 0 0 (-)67.Sec Depreciation in Value of Investment Account . (Refer Note B-21 of Schedule 18) Sub Total "B" Total (A + B) As on As on 31.08 20.70.61.06.22.214.171.124 5.90 22.97.57.09. for NFS Promotional Measures/ Activities Wealth Tax Total 2010-11 2010-11 5. ISI Emerging Markets. etc.03.40.92 (-)4. Lighting.58 2.28 126.96.36.199 19.74 Schedule 16 B – Provisions Sr.55.9 of Schedule 18) Non Performing Assets NB Gen Advices Depreciation in Investments G.188.8.131.52. Rates.80.18.69 25.77. Sr.20 184.108.40.206.www.79. Unauthorized Distribution Prohibited.33 60.37 33.
5 Depreciation on premises situated on free hold land is charged @ 10% p.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.a.3 Land includes free hold and leasehold land. 1 Fixed assets are stated at cost of acquisition.www.1 Income and expenditure are accounted on accrual basis except the following. 1. Actual results could differ from such estimates. Watershed Development Fund. where segregated values are not readily available. Income by way of penal interest charged due to delayed receipt of loan dues or non–compliance with terms of loan. Interest on non-performing assets identified as per RBI guidelines.176. AND ENDED NOTES FORMING PART MARCH 31. 1. Service Charges on loans given out of Micro Finance Development and Equity Fund.sansco. 2.1 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. the example of such cases include the estimated life of fixed assets. 3.com www.107 on 2013-09-02 17:18:09 EDT.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. d. DownloadPDF. 3. 1. Unauthorized Distribution Prohibited. on written down value basis 3. 2. if any. . Expenses not exceeding ` 10. 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. 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).115.000 per unit is charged to Profit and Loss Account.reportjunction.000 at each accounting unit under a single head of expenditure. on straight–line basis.4 Premises include value of land. 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. freight and other incidental expenses related to the acquisition and installation of the respective assets. ISI Emerging Markets.107 at 2013-09-02 17:18:09 EDT. less accumulated depreciation and impairment losses.net Schedule 18 SIGNIFICANT ACCOUNTING POLICIES A. Except otherwise mentioned. 104 ISIEmergingMarketsPDF in-spjainmr from 115. Fixed Assets and Depreciation 3.3 Dividend on investments is accounted for. whichever is higher. Income and expenditure 3. Downloaded by in-spjainmr from 115. liability on account of employee retirement benefits. Such differences are recognized in the year of outcome of such results. 3.2 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. etc. provision for anticipated losses. 3. b. which are accounted on cash basis: a. 3. The cost of assets includes taxes. 2011 OF ACCOUNTS FOR THE YEAR SIGNIFICANT ACCOUNTING POLICIES Basis of Preparation 2.2 Issue expenses relating to floatation of bonds are recognised as expenditure in the year of issue of Bonds.2 Expenditure incurred on assets purchased for the value not exceeding ` 5. 1981 and Regulations thereof.176. when the right to receive the dividend is established.115. c. duties.
6.115. 8. 5.reportjunction. as on the date of Balance Sheet. at prescribed intervals.115. 5. 6. Provision for standard assets and non–performing assets is made in respect of identified advances. irrespective of the date of purchase of asset. is ignored and loss. in the value of investments in subsidiaries under the category “HTM” is made. While only net depreciation.1 Advances are classified as per RBI guidelines. Investments are classified into “Held for Trading” (HFT).3 Advances are stated net of provisions towards Non-performing Advances. 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. 5. Downloaded by in-spjainmr from 115.www. Retirement Benefits 5. commission. Advances and Provisions thereon 6.11 Transfer of a security between the categories is accounted for. 6. No depreciation is charged on assets sold during the year. Unauthorized Distribution Prohibited.per share as per RBI guideline. 5. is provided for.8 Unquoted Shares are valued at breakup value. 5. the resultant gain.2 Profit on cancellation of or renewal of currency SWAP agreement. loss on such transactions is provided at the market rates. are marked to market at every reporting date. if any. Contribution to the Fund is made on actual basis. 5. as per the criteria specified in AS 26 “Intangible Assets”. if any. 105 ISIEmergingMarketsPDF in-spjainmr from 115. if the latest Audited Accounts of the investee companies is available. 7. paid at the time of acquisition. at the time of restructuring/ rescheduling.10 Broken period interest on debt investment is treated as a revenue item.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). based on a periodic review and in conformity with the provisioning norms prescribed by RBI. . etc. is included under Current Liabilities and Provisions. 5. is accounted for on the final settlement of agreement. if any. if any. or at ` 1/. 8.2 Securities that are held principally for resale within 90 days from the date of purchase are classified as “HFT”.net Depreciation is charged for the full year.2 In case of restructuring/rescheduling of advances.1 The Bank has a Provident Fund Scheme managed by RBI.107 at 2013-09-02 17:18:09 EDT. wherever necessary. on such transfer. 5. if any.176.9 Brokerage. 7.com www. other than temporary. 5. are charged to revenue. ISI Emerging Markets. Intangible Assets and Amortisation Intangible assets are recognized/amortised. “Available for Sale” (AFS) and “Held to Maturity” (HTM) categories (hereinafter called “categories”). Investments 5. depreciation / appreciation is recognised in the categor y for investments classified as “HFT”.3 Investments categorized under “HTM” are car ried at cost and provision for depreciation/ diminution/amortisation. Investments that the Bank intends to hold till maturity are classified as “HTM”. if any. 4.5 Profit on sale of investment categorized under “HTM” is recognized in Profit & Loss A/c and then transferred to Capital Reserve A/c.sansco.7 Treasury Bills are valued at carrying cost.4 Provision for diminution. however. Securities which are not to be classified in the above categories are classified as “AFS”. 5. Foreign Currency Transactions 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. which are covered by hedging agreements.1 In accordance with the RBI guidelines.107 on 2013-09-02 17:18:09 EDT. is provided for investments in the categor y classified as “AFS”. at lower of the acquisition cost/book value/market value on the date of transfer and depreciation. is fully provided for.176. in value of investments. DownloadPDF.1 Foreign currency borrowings.
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. in respect of all employees including employees transferred from RBI.4 Employer’s contribution to Provident Fund relating to the pension optees (part of Pension Fund) is maintained with RBI. 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. 10. Impairment of Assets 9. 9. .5 Provision for Wealth Tax is made in accordance with the provisions of Wealth Tax Act. 9. 10.www. required for impairment loss recognized in the previous periods. 8. if any. Unallocable assets and liabilities include those that relate to the Bank as a whole and not allocable to any segment. 12. when it is not probable that an outflow of resources will be required to settle the obligation. the carrying amount of assets is tested for impairment so as to determine: a) b) the provision for impairment loss. 8.176. is recognised only when it is virtually certain that the reimbursement will be received.1 As at each Balance Sheet date. or the reversal. which relate to the Bank as a whole and not allocable to segments. are included under “Other Unallocable Expenditure”.115. The amount of gratuity due from RBI. 9. required. 9. DownloadPDF. ISI Emerging Markets. Contingent Liabilities and Contingent Assets 12.4 Segment assets and liabilities include those directly identifiable with the respective segments.1 Segment revenue includes interest and other income directly identifiable with / allocable to the segment.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.3 a) Contingent liability is disclosed in the case of : a present obligation arising from past events. Unauthorized Distribution Prohibited. 10.2 Impairment loss is recognized when the carrying amount of an asset exceeds recoverable amount. which relates to Bank as a whole and not allocable to segments is included under “Other unallocable bank income”. and the amount of the obligation can be reliably estimated. if any. is accounted on cash basis.net 8. such deferred tax assets can be realized.reportjunction. expected in respect of expenditure. 9. 8. 10.4 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. 10. 12 Provisions. as on Balance Sheet date. such deferred tax assets can be realized. on timing difference.3 Provision for Pension is made based on actuarial valuation. Segment Reporting 11. 1961 and based on expected outcome of assessments/appeals. 11.5 Provision for Encashment of Ordinary Leave is made on the basis of actuarial valuation. 11. which require a provision. 12. Taxes on Income the segment result.sansco. Downloaded by in-spjainmr from 115.115.107 at 2013-09-02 17:18:09 EDT. in respect of employees transferred from RBI.2 Deferred tax is recognized.2 Provision for gratuity is made based on actuarial valuation. a probable outflow of resources is expected to settle the obligation.2 Reimbursement.107 on 2013-09-02 17:18:09 EDT.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.176.com www. The expenses.3 Income. 1956.2 Expenses that are directly identifiable with/ allocable to segments are considered for determining 106 ISIEmergingMarketsPDF in-spjainmr from 115.
Other receipts includes ` 54. The continuation of earlier methodology would have been resulted in an additional provision of ` 81.115.76) 2208.107 at 2013-09-02 17:18:09 EDT. Income under the head ‘Income from Investment Operations / Deposits’ includes ‘Discount and Commission’. the “Interest Differential Fund” is to be utilized for certain specified purposes. provision for pension is made after considering the balance of PF maintained with RBI as per the records available with the Bank. 4. 2011 maintained with RBI. The loans granted out of the fund have been adjusted with direct loans.50% on Direct Loans to State Governments and at 0.176. Financial Inclusion Fund and Financial Inclusion Technology Fund has been credited to the respective funds. 6.com www.67 crore). interest at the rate of 8.176. as detailed below: 107 ISIEmergingMarketsPDF in-spjainmr from 115. repayment of loan. 10. has been reduced from interest and financial charges.80% (7. for financing Seasonal Agricultural Operations. Subvention received/receivable from GOI amounting to ` 989. Watershed Development Fund. 7.00 (50. The Bank has. NOTES FORMING ACCOUNTS PART OF THE 1. 2011 and March 31. In ter ms of TAWA Command Area Development Project Agreement. LAB’s Revolving Fund (Sultanpur & Rae Bareli) and MAPA BAIF– (Sultanpur and Rae Bareli).4 Contingent assets are neither recognized. being the difference between the cost of borrowing by NABARD and the refinance rate.00) Book Value 54.sansco.63 crore for the current year. Downloaded by in-spjainmr from 115. Maharashtra and Rajasthan) and KfW NB IX Adivasi Development Programme has been credited to respective fund based on respective agreements. Interest at the rate of 6. (` in crore) Particulars Pledged for Business Segment (Securities) Pledged for Business Segment (Collateralised Borrowing and Lending Obligation) Face Value 55. 2010 respectively.net b) a present obligation when no reliable estimate is possible.80 crore as at March 31.107 on 2013-09-02 17:18:09 EDT. which was hitherto calculated on the closing balance of the respective funds. service charges and other receipts made out of Rural Innovation Fund (RIF) are being credited to the Rural Promotion Fund (RPF). Investments in Government securities include the following securities pledged with Clearing Corporation of India Limited as collateral security for Business segments: 8. B.00) 2257. in accordance with AS 22 “Accounting for taxes on Income”. Pending receipt of confirmation of balance of Provident Fund Account in respect of employer’s contribution as on March 31. RPF.63 (1933. 3. Further.15 crore) received/receivable from GoI towards administration charges on providing refinance under interest subvention scheme to SCBs and RRBs.49 crore (` 35. Provision for Standard Assets which was hitherto provided at 0. accretion/ income and certain expenditure under UPNRM have been charged to the fund. nor disclosed. Unauthorized Distribution Prohibited. 2. In accordance with the Memorandum of Understanding entered into with the Swiss Agency for Development Cooperation. during the year.reportjunction.34 crore (` 794. DownloadPDF. . Gujarat.00 (1922.68%) per annum on unutilised balances of Micro Finance Development and Equity Fund.00%) per annum on unutilised balances of RIF. and a possible obligation arising from past events where the probability of outflow of resources is not remote. which was hitherto shown separately in the Profit and Loss A/c.15 crore and ` 317. ISI Emerging Markets. 11.81 (49.00% (6. Cattle Development Programme (Uttar Pradesh & Bihar). recognized in the Profit and Loss account the difference of ` 84. 9.5 Provisions. The said interest is calculated based on the mid-month average outstanding of the respective funds. contingent liabilities and contingent assets are reviewed at each Balance Sheet date.www. In terms of the agreement with KfW.75% on Loans Guaranteed by State Government is now being provided as per the IRAC norms of RBI. 12.115.87) c) 12. 5.65 crore between net deferred tax assets of ` 233. KfW NB IGWDP–(Andhra Pradesh.
c. The tax liability of the bank for the AY 2002-03 amounting to ` 373. Disclosure required under AS 15 (Revised) on “Employee Benefits” is as under: 19.35 20.77 30. The Bank has transferred the outstanding balances of the following funds to Reserve Fund: a. However. Income recognition.88 crore (` 33. Foreign Currency Risk Fund b. Deferred No. which are defined benefit plans. on estimated basis. d. Interest earned on the same is shown as a part of ‘Interest received on Loans and Advances’ in the Profit and Loss Account. capital adequacy and computation of ratios etc. aggregates to ` 238.www.82 crore) paid towards Office Premises and Staff Quarters for which conveyance is yet to be completed. The bank has created two new funds out of its post tax profit viz.1 Defined Benefit Plans Employees Retirement Benefit plans of the bank include Pension.115.reportjunction. .sansco. classified as Investments and shown in Schedule – 11 under the head ‘Debenture and Bonds’.15 crore (` 30.com www. ‘Producers’ Organizations Development Fund’ and ‘Rural Infrastructure Promotion Fund’ with a corpus of ` 50 crore and ` 25 crore respectively during the year.60 317. the bank has filed appeal against the taxability of NABARD for the AY 2002-03 with Income Tax Appellate Tribunal. The present value of obligation is determined based on actuarial valuation using the Projected Unit Cost Method.115. yet to be received.15 22. as the Bank has decided not to withdraw the said reserve.net (` in crore) Sr.15 crore was assessed by the Income Tax department and fully paid by the bank.06 crore .09 crore has been reckoned towards superannuation benefits of the employees. the project loans provided to SCARDBs by way of subscription to the Special Development Debentures (SDDs) floated by these agencies.80 15.20 233.107 at 2013-09-02 17:18:09 EDT. DownloadPDF. 16. an amount of ` 277. 1961. Downloaded by in-spjainmr from 115.` 5 crore 19. Gratuity and Leave Encashment. ISI Emerging Markets.176. Deemed Advances for the purpose of IRAC norms. 108 ISIEmergingMarketsPDF in-spjainmr from 115. are treated as under: a.` 147. Provision for Deferred Tax on account of Special Reserve created u/s 36(1)(viii) of the Income Tax Act. 12.176. Pursuant to the salary revision. treating them as ‘deemed advances’.09 crore is reckoned towards arrears of salary of which ` 177. Soft Loan Assistance Fund for Margin Money c. is not considered necessary. Unauthorized Distribution Prohibited. which was hitherto shown as part of ‘Medium Term and Long Term Project Loans’.34 crore pertains to the period November 2007 to March 2010 and an additional amount of ` 216. 18. The value of Allotment Letters / Debenture Scrips. as at the year end. 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. 13. Pursuant to the directives of RBI.85 2 3 21.` 10 crore . in Schedule – 12 b. 14.12 crore) 17. The salary and allowances of the employees of the Bank has been revised with effect from 01 November 2007.18 31 March 2010 274. Agriculture and Rural Enterprise Incubation Fund . ‘Land’ and ‘Premises’ include ` 29.107 on 2013-09-02 17:18:09 EDT. 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.
39(8. Represents the Bank’s contribution towards PF for pension optees available with RBI.38) Particulars Mortality Table (LIC) Discount rate (per annum) Salary growth (per annum) Withdrawal rate Pension 1994-96 (Ultimate) 8.11(268.10(66.73) 9.107 at 2013-09-02 17:18:09 EDT.51) 6.63(115.70(8.79) 1223.16(-25.20) Leave Encashment 117. 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. Represents the amount invested with Insurance companies towards the Liability for Leave Encashment.107 on 2013-09-02 17:18:09 EDT. 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) 1223.25% 7% 1% 109 ISIEmergingMarketsPDF in-spjainmr from 115.63) b.54(3.19) -12.46) Leave Encashment 6. DownloadPDF.76(20.63) 143.90) 172.67(2.79) 242. .91) 288.27) 18.20(250.www. Downloaded by in-spjainmr from 115.92(689.27) 18.70(8.reportjunction.57(221.19) -6.com www.90) 207.115.25 (18. Unauthorized Distribution Prohibited.176.03(958.01) -45.79) 8.54(3.83(-10.26(-14.88(117.53) 16.25% 4% 1% Gratuity 1994-96 (Ultimate) 8.47) 144.94(-37.66) 17.25% 7% 1% Leave Encashment 1994-96 (Ultimate) 8.88(117.00) 26.03(958.60) -21.65(-0.22(-9.66(-12.65) 79.net a.55) $ 1.sansco. 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. ISI Emerging Markets. Actuarial assumptions: Pension 22.54) Gratuity 16.16(-25.77) @ 227.76(892.73) 9.66(127.66) 17.76) Gratuity (funded) 242.176.60) -16.00) 934.10(66.115.79) 8.57(221.85(220.42 (-10.72(1.76(20.01) 22.90 (15.20) @ $ c.65) 79.01) 274.25(18.20) Leave Encashment (Funded) 144.99) 14.90(15.92(0.20) 21.01(-10.69(77.67(2.76) Gratuity 221.
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 3.6460 0.37 0.01 30. 19.www.2 The estimates of rate of escalation in salary considered in actuarial valuation.038 19.00 50.01 50. 1 Depreciation Total 2010-11 2.01 50.3680 25172008.00 0.3 The aforesaid liabilities include liabilities of 21.176.01 50.95%) as against a minimum of 9% as stipulated by RBI. 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.00 100.00 0.00 390.01 30.00 50. The movement in Contingent Liability as required in AS 29 “Provisions.01 30.01 30.00 50.895 2. Name of the No.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 0.00 100.01 30. .00 0.0000 0.01 30.5330 969829.4970 28607635.03 0. of units Book Market Value Value 44148228.00 0.2930 276239. there 23.sansco.01 30.07 0.37 0.00 100. Capital adequacy ratio of the Bank as on 31 March 2011 is 21.00 0.0000 0.00 900.37 employees deputed to subsidiaries.0000 0. Downloaded by in-spjainmr from 115.00 0.01 30.00 0. take into account inflation.08 0.9850 71988360.00 0.01 100.01 0.02 0.8430 2356602.69 crore) 20.01 30. 24.00 3.115.37 0. 19.01 50.895 2009–10 4.04 2009-10 0.net 19. of units Book Market Value Value 31178095.Treasury advantage Birla Sun life Life Insurance Corporation Baroda Pioneer PRINCIPAL Deutsche L&T Total As at March 31.7263 25159975.7790 50.01 50.00 50.00 100.reportjunction.107 at 2013-09-02 17:18:09 EDT.009 0.7770 6420619.00 3.01 30.01 100.00 50.05 50.00 0.00 0.00 0.00 100. seniority.11 As at March 31.9960 34310340.00 0.6304 45799983.0000 0.0000 0.8670 28065186. DownloadPDF.00 0. 22.0000 50.01 50.0000 0.27 110 ISIEmergingMarketsPDF in-spjainmr from 115.01 100.00 0.7780 285224.0000 0. 2010 No.0000 0.4780 294404.01 100.01 900.01 0.09 50.176.00 50.00 0.01 30. 2011 No.03 50.04 0. promotion and other relevant factors including supply and demand in the employment market. Prior period items included in the Profit and Loss account are as follows: (` in crore) Sr.00 100.3200 80888127.00 0.0000 809238.00 0.00 0.11 50. Investments in Mutual Funds are as under: (` in crore) Sr.5110 310661.87 crore (` 11.01 30.0000 0.5170 2069242. NPA on staff loans: (` in crore) 2010-11 0.0720 284381. The total contribution charged to Profit and Loss account during the year is ` 11.2350 33727478. In the opinion of the Bank’s management.com www.038 4.00 50.00 0. Particulars No.8210 2919994.00 390.00 0.00 2009–10 3.115.6900 19254837.00 50. ISI Emerging Markets.01 30.107 on 2013-09-02 17:18:09 EDT.1970 46191646.01 50.02 50. 25.01 30. The contribution made for the pension optees forms part of the plan assets of pension scheme.00 0.00 0. Unauthorized Distribution Prohibited.7780 0.01 30.76% (24.5 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.0000 0.4 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.01 30.
Government of India.00 (%) 99. DownloadPDF.02 139528.83 2009-10 101.48 Classification 2010-11 Amount (%) 99.2 Asset Quality and Credit Concentration [Excluding Staff Advances] (a) Net NPA position 31 March 2011 0.450 550 2000 72.2010. issued by the Department of Financial Services.00 765.00 68.40 0.90 1.000 2009-10 Amount 120487.00 32.FIC.72 Note : Pursuant to notification No.18 Income Tax Total Particulars On – Balance Sheet Items Off – Balance Sheet Items (d) Movement in Net NPAs (` in crore) 2010-11 32.001 100.31 (d) Pattern of Capital contribution as on the date of the balance sheet (` in crore) 31 March 2011 20 1.72 2009-10 30.000 Standard Sub-standard Doubtful Loss Total 139459.02 0.66 5.95 23.50 17. Downloaded by in-spjainmr from 115.No.01559 Particulars Percentage of Net NPAs to Net Loans & Advances 29. Unauthorized Distribution Prohibited.980 2000 1.35 38. there are no dues payable under Micro.93 460.43 1.115.12 22.107 at 2013-09-02 17:18:09 EDT.958 0.net 26.FID.42 (c) Risk weighted assets (` in crore) 31 March 2011 63515. (b) Asset classification (` in crore) 29.51 crore of provision held for achieving Provision Coverage Ratio as on 30 September 2010 has been transferred to “Countercyclical Provisioning buffer”.13 100. 27. 29. 28.006 0. Small and Medium Enterprises Development Act 2006.50% 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 19.00/2010–11) dated 01 July 2010. Figures in brackets pertain to previous year.reportjunction.1 Capital (a) Capital to Risk–weighted Assets Ratio (CRAR) (Per cent) Particulars CRAR Core CRAR Supplementary CRAR 31 March 2011 21.47 1. The following additional information is disclosed in terms of RBI circulars No.33 31 March 2010 24.10 6.56 120537. 111 ISIEmergingMarketsPDF in-spjainmr from 115.No 11/16/2005-BOA dt 16. the excess amount of ` 25.30 31 March 2010 49921.40 52.2/01.68 647. DBOD.50% of Share Capital of NABARD held by RBI has been transferred to Government of India.55 20.87/ 21.com www.32 25.60 (-)0. ISI Emerging Markets.036 0.000 0.950 0.048/2010-11 dated 21 April 2011.04.13 1.00 494.00% 31 March 2010 1.09.93 32. In terms of RBI circular No.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 0.049 0.176.RBI/2009–2010/49 (DBOD.107 on 2013-09-02 17:18:09 EDT.F.BC.32 29. Ministry of Finance.www.00% 99. As per the information available with the Bank.50% 27.76 20.sansco.02. 71. .176.80 8.115.71 44.02136 31 March 2010 0.BP .
80) More than 7 years 4410.12) 0.34 39.82 (135696.65 (51280.35 2009-10 14.69 (33683.17 (15363.92 (22618.96 112 ISIEmergingMarketsPDF in-spjainmr from 115.41 13.14) 0.55) 34181.08 Not Applicable 378.92 (10.77) Total # 158248.3 Liquidity (a) (b) Maturity pattern of Rupee Assets and Liabilities Maturity pattern of Foreign Currency Assets and Liabilities (` in crore) Sr.44 (5007.65 (494.61) 0.176.00) 40360. write back of excess provision Closing balance at the close of financial year 2010-11 31.40 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 29.64 32.17 (15363.00) 158248.reportjunction.25 0.57) 79.12) # Net of provision made as per RBI directives on Standard Assets as well as for diminution in value of Investments aggregating to ` 623.47 (36004.75 (64.58) 502.33 29.59 (28992. Downloaded by in-spjainmr from 115.00 (22607.17) 79.26) 29124.96 23.10 1. provision for PCR) Less: Write off.03) 33943.00) 31910.00) 4410.176.107 on 2013-09-02 17:18:09 EDT.22) 238.27 (33482. Item No.00) 13478. Unauthorized Distribution Prohibited.01 crore) 29.04) More than 1 year upto 3 years 40360.107 at 2013-09-02 17:18:09 EDT.72 (35939.59 Not Applicable 2009-10 Credit Exposure as % to Capital Funds Total Assets 145.22 0.17 (135201.23 (24864.89) 39.70 (18416.45 crore (` 596.27 2009-10 6.00 (0.15) 36754.80 1.82 (135696.96 (35053.4 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.23 0.com www.08) 0.88 0.10 1.14) 39438.73) 64.44 (5007.64 1.www.61) 18524.08 31.42 (201.67 11.00 (0.03) 0. ISI Emerging Markets.52 (18525.07) 18589.26) 0.23) More than 5 years upto 7 years 13478.06) 29204.82 (109.49 (24755. in crore) 2010-11 6.12) 157746. .54) 158248.71) 39518.5 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.00) 68088.74 (109.28) More than 3 years upto 5 years 31910.sansco.00 (0.82 (135696.57 Not Applicable 379.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 128.96 (35053.73 16.00 (0.00 (0.00 (0.08) 36715.115. DownloadPDF.59 (28992.27 35.115.40 18.19 0.65 (51280. 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.
00) 121.com www.68) 0.10 (563.6 Restructured accounts During the current financial year five loan accounts outstanding to the extent of ` 22.00) Particulars A Opening balance as at the beginning of the financial year B Add (i) Provisions made during the year (ii) Appropriation.00) 0. Interest sacrifice is reviewed at each balance sheet date and necessary provision is made or reversed.net (b) Provision for depreciation in investments (` in crore) 2010-11 1.68) 3.10 crore have been rescheduled. There is no Interest sacrifice on these reschedulements.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. from Investment Fluctuation Reserve Account during the year C Sub Total [A+B(i)+B (ii)] D Less (i) Write off.00@ NA NA NA NA 89.12) 0.12) 0. Write Backs of excess provision (ii) Transfer.10 Investments in Non Government Debt Securities : NIL (NIL) 29. Particulars No.66) NA (` in crore) Currency Interest Rate Derivatives Derivatives E Closing balance as at the close of financial year (C-D) 29. Downloaded by in-spjainmr from 115. DownloadPDF.8 29.www.52 (2. Unauthorized Distribution Prohibited.00 (0.9 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. to Investment Fluctuation Reserve Account Sub Total [D] There are no loan accounts subjected to Corporate Debt Restructuring during the current year.45 (69.00 (0.08 crore ( ` 4.15 (0.107 on 2013-09-02 17:18:09 EDT. ISI Emerging Markets.107 at 2013-09-02 17:18:09 EDT. ` 502. if any.00 (0.37 (1.08 crore.15 (0. The Bank does not have any open exposure in foreign currency.10 crore and the value of outstanding principal liability in the books of account stood at contracted value i. The value of outstanding principal amount of hedge contract at the year-end exchange rate stood at ` 592.e. Accordingly.12 Disclosure on risk exposure in Derivatives The Bank does not trade in derivatives. The quantitative disclosure in this regard is as under: 3.reportjunction.00) 0.63 million Euro and interest thereon for the entire loan period.25 592.115. ` 0.08 (0. NA NA NA NA NA 29. All the said five loans are classified as Standard Asset.7 29.64 crore.176. it has hedged its liability towards borrowings from KfW Germany to the extent of 93.46 crore) was written back during the current financial year. 1 Derivatives (Notional Principal amount) A) For Hedging B) For Trading 2 Marked to Market Positions  a) Asset (+) b) Liability (-) 3 Credit Exposure  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 14.12) 2. . if any. 29. The interest sacrifice on loans restructured during FY 2005-06 amounted to ` 31.176.44) Sr.115.44 (2. However. Consequent upon hedging of foreign currency borrowings the same is shown at contracted value as per the Swap agreement.sansco.
00) 123. No. 29.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 0.44) 2410.15 Issuer categories in respect of investments made (` in crore) Sr.00) – 150.83) 'Below investment grade' Securities held (5) – 'Unrated' Securities held 'Unlisted' Securities (1) 1 (2) PSUs (3) 80. DownloadPDF.30) Outstanding Shri U C Sarangi Dr. List of Related Parties: Key Management Personnel: 1.14 Related Party Transactions As the Bank is state controlled enterprise within the meaning of AS-18 "Related Party Transactions".www.net 29.24 (0.00 (48. or provided for during the year.00) (6) 19.83) 23.23) – 53.80 (20.176.00 (0.00) 48.176.35 (21.23) – 386.44) 2636.com www.60) 2262.37 (1.00 (0.Ex-Chairman Dr.18 (0. Shri Umesh Chandra Sarangi .96) 3.28 (41.115.00) – 150.80 (20. .reportjunction.37 (1.00) 23. Downloaded by in-spjainmr from 115.107 on 2013-09-02 17:18:09 EDT.28 (149. K G Karmakar .26) 0.00) 23.00) 6 Others (Net of Provision) including Mutual Funds Provision held towards depreciation Total – 7 – 0.sansco.00 (48.60) 2262.35 (21. Issuer Amount Investment made through private placement (4) 79.23) – (7) 79.115.13 (16.80 (20. the details of the transactions with other state controlled enterprises are not given. Related party relationships have been identified by the management and relied upon by the auditors.13 (60.00) 114 ISIEmergingMarketsPDF in-spjainmr from 115. ISI Emerging Markets.00) 123. in respect of the related parties have been written off/back.47 (1663.80 (20.13 Exposures where the FI had exceeded prudential exposure limits during the year : NIL (NIL) 29.47 (1663.13 (60.24 (1794.34 (60.00 (48.60) 10.107 at 2013-09-02 17:18:09 EDT.00) – – 2 FIs – 3 4 Banks Private Corporate – – – – 5 Subsidiaries/Joint ventures – 23.03 (1794. 2.60) 10. K G Karmakar – – No amounts.96) 3.00 (0. Unauthorized Distribution Prohibited.
02) Maximum outstanding during the year 0.71(32.00) 54.40(0.00 (476.84(2.32%(51.94%) (d) Concentration of NPAs (` in crore) 29.18 Concentration of Deposits.115.00) 0.58) 5. Sector No 1 2 Agriculture and allied activities Industry (Micro & Small.00(0.com www.22 Off-balance sheet SPVs sponsored (which are required to be consolidated as per accounting norms) : NIL (NIL) 115 ISIEmergingMarketsPDF in-spjainmr from 115. Revenue: NIL (NIL) NPAs and Total Exposure to Top four NPA accounts 50.20 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) 1.19 Sector-wise NPAs Sr.61) 53.87) 76.75(67384.02) 29.39(53.02) Daily average outstanding during the year 0.21 Overseas Assets.00) 0.107 on 2013-09-02 17:18:09 EDT.16 Non performing investments: NIL (NIL) 29.85) 69.00%(82.00) 89.81%(55.30) Outstanding as on 31 March 2011 0.38%) 3 4 (b) Concentration of Advances (` in crore) 29.00(0.www.54) 29.176.00(0.00) 0.75(67384.15(50.85) 0. Unauthorized Distribution Prohibited.00 (1. DownloadPDF.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) 50.00 (0. ISI Emerging Markets.00 (476.00(0.net 29.71) 25.73) Total Advances to twenty largest borrowers Percentage of Advances to twenty largest borrowers to Total Advances of the Bank 75077.reportjunction.00) Securities sold under repo Securities purchased under reverse repo 29.107 at 2013-09-02 17:18:09 EDT. Downloaded by in-spjainmr from 115.115.sansco.46(43.00 (0. Advances. 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 73671.66(8.00 (0.00) 0.24(2.25(57661.00) 0.00 (0.176.00 (0. Medium and Large) Services Personal Loans Percentage of NPAs to Total Advances in that sector 0.00) 7.73(44. .17 Disclosure on Repo transactions (` in crore) Particulars Minimum outstanding during the year 0.88) 0.82%) (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.
502.176.23 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.393.82) Unallocated 86.642.98 (186.115.872. As per our attached report of even date P .643.22 (11.086.00 (0.58 (41.94) 268. 046070.320.00) 0.58 (23.96 (1.00) 32.96) 0.292. co-finance loans and loans given to voluntary agencies/non-gover nmental organisations for developmental activities.48) 132.58) 1.59) -924.00) 0.21) 22.964.61 (3.42) 20. government securities. Mumbai Date : May 30.68) 18.00) 2. State Coop.26 (1.21) 22.21 (1.www.com www.86) Total 9.409.519.net 29.80) 1. etc. S.198.00 (0.69) 912. Parikh & Associates Chartered Accountants FRN.18) (-)0.01 (7.316.295.10) 15.202.00 (0.45) 1.21 (73.00 (18.272.42) 68. ii) Refinance: Includes Loans and Advances given to State Governments.32 (60. K C Chakrabarty Director Alok Nigam Director K Jayakumar Director 116 ISIEmergingMarketsPDF in-spjainmr from 115.176.5220.127.116.11 (11. short-term deposits.872. 2011 Rakesh Singh Chairman K.376.00 (0.823.222.81) 69.00 (0.26 (1. Previous year's figures have been regrouped / rearranged wherever necessary. Downloaded by in-spjainmr from 115.085.29) 100. Commercial Banks.985. iii) Treasury: Includes investment of funds in treasury bills.63 (-525.33) Treasury 943.69 (372.reportjunction.90 (17.39 (55.58.24 (1.86 (2.87 (60. 107564W Ashok Rajagiri Partner : M.58.36.23) 74. 2011 Dr.48) 266.71 (12.27 (61.00) (-)0.107 at 2013-09-02 17:18:09 EDT.68 (19.281.47 (239. Unauthorized Distribution Prohibited.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. Land (b) Information on Primary Business Segment (` in crore) Direct Finance Refinance 4. ISI Emerging Markets.54 (20. DownloadPDF. as refinance against the loans disbursed by them to the ultimate borrowers. Banks.00) 0.36.08 (96. 30.292.49 (3.13) Segment Revenue 4.34) 18.13) 1.12) 66.37) 0.sansco.59 (1.255. No.05 (-0.99) Non Cash Expenses (c) Since the operations of the Bank are confined to India only there is no reportable secondary segment.908. 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. Development Banks. Regional Rural Banks etc. Padmanabhan Chief General Manager Accounts Department Mumbai : May 30.107 on 2013-09-02 17:18:09 EDT.115. .564.
93 (-)10.79 (-)3699.56 1255.59.63.93. 046070.66 2272.28.33.sansco.reportjunction.21.com www.62.78. ISI Emerging Markets.79. Downloaded by in-spjainmr from 115.19 3925.26 (-)718.104.22.168.23.46 (-)23697.18.98 2.66 2010-2011 7 38.00 (-)20.37 2503.46.115.53 1786889.75 22.214.171.124 91.94 1584. 107564W Ashok Rajagiri Partner : M.16 6783.01.11.60.75 2009-2010 12 25.41 (-)2087.45.27 23.64 126.96.36.199. DownloadPDF. wherever necessary.35 943. 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 1823.44 (-)28605.68.37 0 2.50.93 (-)12801. Padmanabhan Chief General Manager Accounts Department Mumbai : May 30. 2011 Dr.56 17.06 (-)2188.8.131.52.36.97 0 (-)1255.80.95.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 1.02 22.74.45 1134.46. Parikh & Associates Chartered Accountants FRN.55.23.85 (-)5492. 2011 Rakesh Singh Chairman K.85.83 (-)4430.89.40 0 0 6.www.01.51 259184.108.40.206.75 Previous year's figures have been regrouped/ rearranged to conform to the current year's presentation.54. No.29.28.00 4.38.05 6.07 (-)373.32.28 (-)23158.49. K C Chakrabarty Director Alok Nigam Director K Jayakumar Director 117 ISIEmergingMarketsPDF in-spjainmr from 115.00 (-)4.83.68 28682.65.36 17.40 6. S.24 1.15 (-)808.115.94.85 (-)17.70 4037.83 17. Mumbai Date : May 30.96 (-)19035.86.14.50 6.23.20 12928.107 on 2013-09-02 17:18:09 EDT. As per our attached report of even date P .55.42 5.53 (-)115220.127.116.11 908.63 (-)1161.89 (-)518.104.22.168. .22.214.171.124. Unauthorized Distribution Prohibited.00 0 (-)126.96.36.199.11.91 6188.8.131.52.81 184.108.40.206 679.30 (-)29399.95 (-)21785.16.26 8.58 436.34 32.63 0 (-)938.107 at 2013-09-02 17:18:09 EDT.41 12780.
reportjunction. NABFINS) 2010-2011 118 ISIEmergingMarketsPDF in-spjainmr from 115.sansco.115.107 on 2013-09-02 17:18:09 EDT. ISI Emerging Markets.115. ADFT. Downloaded by in-spjainmr from 115.107 at 2013-09-02 17:18:09 EDT.176.net Consolidated Balance Sheet Profit and Loss Account & Cash Flow of NABARD & its Subsidiaries (NABCONS. Unauthorized Distribution Prohibited.176.www. ABFL. DownloadPDF. .com www.
23 crore and ` 23.: 046070 HO : 501. In our opinion.. An audit also includes assessing the accounting principles used and significant estimates made by the management as well as evaluating overall financial statements. NABARD Consultancy Services Limited and Agri-Business Finance (AP) Ltd.net P . 5. 2. These financial statements have been certified by the managements of the respective subsidiary companies and have been furnished to us.400 009. in all material respects.176. Sujata.176. These financial statements are the responsibility of the Bank’s management. Fax : 23415455. We have conducted our audit in accordance with auditing standards generally accepted in India.. Mumbai . Place: Mumbai Date: May 30. 2011. off Narsi Natha Street.reportjunction. 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. 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. The total Assets and total Revenues in respect of these subsidiaries are ` 192. of the consolidated cash flows of the Bank for the year ended on that date. the impact of which is not ascertained.51 crore respectively. i. in the case of the Consolidated Balance Sheet. Membership No. in the case of the Consolidated Cash Flow Statement. 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.www. 107564W Ashok Rajagiri Partner. Agri Development Finance (Tamil Nadu) Ltd.107 on 2013-09-02 17:18:09 EDT. being unaudited.115. and iii. ISI Emerging Markets.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. We did not carry out the audit of financial statements of subsidiaries of the Bank. 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.115. 2011 For and on behalf of P . 2011. .pparikh. 4. any adjustments to their balances could have consequential effects on the attached Consolidated Financial Statements. 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. 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. 3. We believe that our audit provides a reasonable basis of our opinion.sansco. the Consolidated Profit & Loss Account and the Consolidated Cash Flow Statement for the year ended on that date annexed thereto. Downloaded by in-spjainmr from 115. of the state of affairs of the Bank as at March 31. Unauthorized Distribution Prohibited. The financial statements in respect of three subsidiaries viz.107 at 2013-09-02 17:18:09 EDT. Our responsibility is to express an opinion on these financial statements based on our audit. 23437853. Those standards require that we plan and perform the audit to obtain reasonable assurance about whether the financial statements are prepared. ii. Tel : 23443549. DownloadPDF. in accordance with an identified financial reporting framework and are free of material misstatement. Parikh & Associates Chartered Accountants Firm Registration No.com www.
12.98 13.85 15.64 47.53 20.06.2010 FUNDS AND LIABILITIES Capital Reserve Fund and Other Reserves National Rural Credit Funds Funds Out of Grants received from International Agencies Gifts.220.127.116.11.18.104.22.168.00.96.78.03 48.107 at 2013-09-02 17:18:09 EDT.22.214.171.124.29.66 2. S.87.02.00 1.60.com www.23 6.75 15.92 12.05. Padmanabhan Chief General Manager Accounts Department Mumbai : May 30.84 76.31 2.26.00. ISI Emerging Markets.115. Downloaded by in-spjainmr from 126.96.36.199 1.91.77 188.8.131.52.38.63. Unauthorized Distribution Prohibited.85 8.05.67.45.93.12.31. Parikh & Associates Chartered Accountants FRN. Grants.81.www. 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 .04.99.53 2. 2011 1.67 13.96.12 51.00.98.54 27.67.00 149.03.107 on 2013-09-02 17:18:09 EDT. 107564W Ashok Rajagiri Partner : M.52.89.reportjunction.59 15983.94.37 1. No.18.00.00.03.47.sansco.08.03 2.net National Bank for Agriculture and Rural Development Consolidated Balance Sheet as on 31 March 2011 (` in '000) Particulars As on 31.69 13.50. K C Chakrabarty Director Alok Nigam Director K Jayakumar Director K.08.87.31.89.176. DownloadPDF.56 26.00.64 12.30. 046070 Mumbai Date : May 30.53 184.108.40.206 37.83 25.11.01.81.38.85 20.09 56.05.08.42.50.55.2011 As on 31.40 21.95.00 1.00.60. .63.64.00 220.127.116.11.18.104.22.168. 2011 Rakesh Singh Chairman Dr.85 120 ISIEmergingMarketsPDF in-spjainmr from 115.71.90 21.76.
22.214.171.124.90 649.01 23.00.107 at 2013-09-02 17:18:09 EDT.00 10.67.80.176.42.00.79.98 84.00 0 0 0 64.07.115.20 463.15.20 33.93.17 8170.00 2.376 2281.58 350.83.00 3.62 107.www.17.58 70.68 1835.59 1488.107 on 2013-09-02 17:18:09 EDT.80.72.38 1488.00.08 92.57.75 5.reportjunction. DownloadPDF.26 1634. Unauthorized Distribution Prohibited.94.50 1.30 0 1287. Downloaded by in-spjainmr from 115.45 1634.24 1259.55.54 126.96.36.199.67.99 1563.67.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.188.8.131.52 66.92.00 10.99 30.05.115.16 35.46 79.33. .46.93 1286.88 67.34 0 1564.00 25.68 71.82.46.00.62 1286.63 202.41 96.54.94 80.69.00. 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 360.77.66 2010-11 2009-10 121 ISIEmergingMarketsPDF in-spjainmr from 115.67.00 10.00.94.00.65 50.01.34.50 5.com www.24.00.92 7388.49 116.54.00 684.92 88.10.32 17.00.67.88 66.00.20.00.71.03 184.108.40.206.51 1563.00 50.06 1135.99 49.17 6194.18 946.84. ISI Emerging Markets.08.00 6.54 0 808.91.03.01.sansco.54.00 400.
48) Unallocated 103. 3.00) -0. 4.06) 0. Previous Year figures have been regrouped / rearranged wherever necessary As per our attached report of even date P . 266. whereas NABARD Financial Services Ltd.13) 66434.176. Agri Business Finance (AP) Ltd.35) 1835.and hence considered as a subsidiary.net Additional Notes to Consolidated Accounts 1.05(-0.27) 22. 2011 K Jayakumar Director 122 ISIEmergingMarketsPDF in-spjainmr from 115.82* 52.18%) 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.10) 0.13) – 5. Consolidation has been done pursuant to the listing agreement with stock exchange.27(61222.06(0.13) 158978. at the rates specified in Schedule XIV to the Companies Act. Downloaded by in-spjainmr from 115.00(0. 1956 on prorata basis.10(18.54(11.51(136350.47(239.00 Name of the Subsidiary Agri Development Finance (Tamilnadu) Ltd.37) 22.47 100.38) – – Note: There are no reportable secondary segments for the bank and its subsidiaries 8.21 -"Consolidated Financial Statement" Depreciation on fixed asset is provided on Written Down Value Method (WDV). are unaudited. 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 .90) 68934. S.10(60661. NABARD Financial Services Limited NABARD Consultancy Pvt.34 crore) included in the Consolidated Financial Statement. Income on foreign assignments by NABCONS is accounted on "receipt" basis.71(12985.38(374.60) – Refinance 4086.com www.24(1255.94) Total 9224.59(1198.14% (0.68) 18.81) 69320.36) 2583.82) 20457.20(7980. ISI Emerging Markets. The amount of such fees receivable is not material.08(96. DownloadPDF.69) 912. . K C Chakrabarty Director Alok Nigam Director K.21(1227.00(18.39(55128. Ltd.77(2281. Thus out of the total depreciation of ` 22.61(23. 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. 6.34) 18. 046070 Mumbai Date : May 30. 1956 by Agri Development Finance (Tamilnadu) Ltd and Agri Business Finance (AP) Ltd.32) -915. Financial statement in respect of Agri Development Finance (Tamilnadu) Ltd.30) 100.23) 74643.55(60538.www.176. 7.03) 33. 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. Parikh & Associates Chartered Accountants FRN.75) 271.10 47.115. NABARD Consultancy Services Limited and Agri Business Finance (AP) Ltd.51 (136350.52) 133.(AS) . 2011 Rakesh Singh Chairman Dr.56(20320.10) 15316. 107564W Ashok Rajagiri Partner : M. Unauthorized Distribution Prohibited.107 on 2013-09-02 17:18:09 EDT.97(1602.63(32.18) -0.115.21(73.75) 1567.33) – Treasury 943.18(187. Padmanabhan Chief General Manager Accounts Department Mumbai : May 30.107 at 2013-09-02 17:18:09 EDT.67 crore (23. 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.11) 158978. *NABARD controls the Board of Directors of Agri Business Finance (AP) Ltd. 0.54(11.sansco.85(3298.37) (0.41(-518. 2. 1956.49(3298. No.00 0.reportjunction.67(41.09) Direct Finance 4090. Details of the subsidiaries: Country of Incorporation India India India India Proportion of Ownership 52..
70 12762. S.50 4033.53.86.04 (-)808.94. 107564W Ashok Rajagiri Partner : M.47.50 17.com www.115.85 (-)17.www.97.63 436.06 (-)58.53.85 220.127.116.11 911.71 698.24.30 68.74.35 649.93 (-)20.01.63.00 118.64 (-)5492.63 12928.16 18.104.22.168.85.34 1815.93.70 (-)2087.30 6793.75 1255.45 (-)1161.44 943.57.94 (-)795.88.54. 046070.83 (-)4418.00 22.214.171.124.50.86 (-)21790.36.01 (-)28586.81 (-)29381.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 . Parikh & Associates Chartered Accountants FRN.37 228.26 854.20 22.88.69 2281. .79.40 694.97 (-)58 (-)1255.09 1166.107 at 2013-09-02 17:18:09 EDT.87 717.33.83 17.77.40 0 649.00 0 (-)126.96.36.199.03.19.80. K C Chakrabarty Director Alok Nigam Director K Jayakumar Director 123 ISIEmergingMarketsPDF in-spjainmr from 115.10.65. DownloadPDF.32.63 0 (-)938.09.69.23.24 188.8.131.52 (-)58.57.34 K.34 184.108.40.206 17863.reportjunction. 2011 Dr.80.00 (-)4.93 (-)10.sansco. Mumbai Date : May 220.127.116.11 on 2013-09-02 17:18:09 EDT.50 28683.23. ISI Emerging Markets.18.65.56 1818.104.22.168 (-)12801.37 2555. No. Downloaded by in-spjainmr from 115. Unauthorized Distribution Prohibited.78.03 (-)222.214.171.124 (-)19087.90 23.176.88 (-)23166.80 649.42 554.32.25 (-)541.87.19 (-)23708.45.115.176.69 2010-11 10 126.96.36.199 (-)11528.26 (-)3699.94 1591. 2011 Rakesh Singh Chairman 1835.30 26036.34 2009-10 22 25.72.71 (-)377. Padmanabhan Chief General Manager Accounts Department Mumbai : May 30.26 3925.
org firstname.lastname@example.org mcid@nabard. .org email@example.com firstname.lastname@example.org email@example.com firstname.lastname@example.org email@example.com firstname.lastname@example.org ed3@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 email@example.com firstname.lastname@example.org email@example.com firstname.lastname@example.org Telephone Nos.org email@example.com firstname.lastname@example.org email@example.com dpd.org gad@nabard.S. DownloadPDF.org firstname.lastname@example.org 124 ISIEmergingMarketsPDF in-spjainmr from 115.org email@example.com on 2013-09-02 17:18:09 EDT.com www.org firstname.lastname@example.org ed4@nabard. Protocol & Security : 022 .Mitra)'s Secretariat Executive Director(Amaresh Kumar)'s Secretariat Executive Director(B.org email@example.com@nabard.org firstname.lastname@example.org email@example.com firstname.lastname@example.org@nabard.107 at 2013-09-02 17:18:09 EDT.org dpd. PRO : 022-26530071.org email@example.com firstname.lastname@example.org dcrr@nabard. Reception : 022-26539895/96/99.org email@example.com firstname.lastname@example.org E-mail Addresses of NABARD Head Office Departments at Mumbai Chairman's Secretariat Executive Director (S.org pd@nabard.K. Downloaded by in-spjainmr from 115. ISI Emerging Markets. Shekhawat)'s Secretariat Accounts Department Central Vigilance Cell Corporate Planning Department Central Statistical Information Dept. Unauthorized Distribution Prohibited.
: (080) 22222148 E mail : bangalore@nabard. 7 Chandigarh .org ARUNACHAL PRADESH Bank Tinali. : (0172) 5046784 E mail : haryana@nabard. : (0385) 2410706. No.in ASSAM Opposite Assam Secretariat G.751 015 Tel No.org email@example.com 005 Tel No. 2 Jammu . : (0141) 2740821. : (0389) 2340815 E mail : aizawl@nabard. B. Jeevan Prakash Annexe J. 2305290 Fax No.net Regional Offices / Cell / Training Establishments REGIONAL OFFICES ANDAMAN & NICOBAR NABARD Complex VIP Road Port Blair . : (0172) 5046700.800 001 Tel No. Complex.org HARYANA Plot No. No. 2416192 Fax No.380 013 Tel No. 4th & 5th floor Dak Bungalow Road Patna .176.3.org nabbng@dataone. 5046728 Fax No.in CHHATTISGARH 1st & 2nd Floor.C. Arera Colony.160 022 Tel No.34 'A' Chandigarh .695 001 Tel No.107 on 2013-09-02 17:18:09 EDT. : (0177) 2622271 E-mail : firstname.lastname@example.org www.110 125 Tel No. Shillong . Wellesley Road Post Box No. : (0674) 2553884 Fax No. No. : (0360) 2212675 E mail : itanagar@nabard. : (0471) 2324358 E mail : email@example.com firstname.lastname@example.org nabassam@dataone. Downloaded by in-spjainmr from 115. : (0172) 5046703. Kasumpti Shimla . : (03862) 234063.791 111 Tel No. : (079) 27552257-59 Fax No. : (03862) 227040 E-mail : email@example.com KARNATAKA 113/1. Bittan Market Ravishankar Nagar Post Office Bhopal .107 at 2013-09-02 17:18:09 EDT. : (0364) 2227463 E mail : shillong@nabard. : (0172) 5046702 E mail : firstname.lastname@example.org 004 Tel No.in MEGHALAYA 'U' Pheit Kharmihpen Building Plot No.org BIHAR Maurya Lok Complex Block ‘B’. Post Box No. : (0832) 2223429 E mail : email@example.com 009 Tel No. 2323590 Fax No. VIP Road Opposite State Bank of India Itanagar . Nayapalli Civic Centre Bhubaneswar . Fafadih Chowk Raipur . 7 Sector . P.in RAJASTHAN 3. 27612651 Fax No.500 020 Tel No. Sector 34-A Post Box No. 104 Jaipur . Unauthorized Distribution Prohibited. : (0364) 2221602. RTC Cross Roads Musheerabad Hyderabad . Road. ISI Emerging Markets.www. : (020) 25541083 25542090 Fax No. : (079) 27551584 E mail : firstname.lastname@example.org KERALA Punnen Road.781 006 Tel No. B.org GOA Third floor. Pithalia Complex K.A. West Wing Khermahal. 2503499 2501518 Fax No. : (0612) 2223985 Fax No.180 012 Tel No. : (040) 27611829 E-mail : hyderbad@nabard. Road.org PUNJAB Plot No.560 002 Tel No. DownloadPDF.in bhubaneswar@nabard. Post Bag No. Block No. Shivaji Nagar Pune .744 103 Tel No. 5046701 Fax No. : (0755) 2463341/69 2466695 Fax No.28(2). 4th Floor.reportjunction.403 001 Tel No.797 112 Tel No. 5. Statue P. : (0141) 2742161 E mail : Jaipur@nabard. 2430504 Fax No.115. : (020) 25542250 E-mail : email@example.com 003 Tel No. : (03192) 233308 Fax No.176. : (0177) 2624373 2624379 Fax No. : (0360) 2215967 Fax No. 2743416 Fax No.796 014 Tel No. : (0191) 2472355. . 32 S. : (080) 22225241/44 Fax No. : (0361) 2235657 E mail : firstname.lastname@example.org. 220 Thiruvananthapuram . 2nd & 3rd Floor Dhankheti. Adivasi College Hostel Karamptoli Road Ranchi .org MANIPUR Leiren Mansion Opposite Lamphel Supermarket Lamphelpat.302 015 Tel No.org 125 ISIEmergingMarketsPDF in-spjainmr from 115.org pat_nab@dataone. Post Box No.org ANDHRA PRADESH 1-1-61.160 022 Tel No. 2/1. : (0471) 2323529. : (0771) 2884992 E mail : raipur@nabard. P. : (0651) 2361107 Fax No. 29 Bengaluru . Municipal Garden Usmanpura Ahmedabad . : (0389) 2343428.org NEW DELHI NABARD Tower 24 Rajendra Place New Delhi .S.org MADHYA PRADESH E-5. : (0385) 2416191 E-mail : imphal@nabard. : (0651) 2361108 E-mail : nabardjh@dataone. Nizari Bhavan Menezes Braganza Road Panaji .org NAGALAND NSCB Head Office Administrative Bldg. 2472620 Fax No. Circular Road Dimapur .B. Imphal .3. : (0361) 2235661 2238004 to 025 Fax No.org nab_rpr@dataone. : (0674) 2552019 E mail : email@example.com JAMMU & KASHMIR B-II. : (03192) 237696 E-mail : firstname.lastname@example.org Dispur. : (0832) 2220490.D. : (0191) 2472337 E mail : jammu@nabard. : (0612) 2238424 E mail : patna@nabard. : (011) 25818733 25721723 Fax No. Guwahati .834 001 Tel No. : (0755) 2466188 E mail : bhopal@nabard. : (0771) 2888496/99 Fax No.K.org ORISSA 'Ankur'.462 016 Tel No.org nabmpro@dataone. : (040) 27685555. 4th South Block Bahu Plaza Complex.in HIMACHAL PRADESH NABARD Bhavan.in MAHARASHTRA 54.in MIZORAM Ramhlun Road (North) Bawngkawn Aizawl . Road. Nehru Place Tonk Road. : (011) 41539187 41539185 E mail : email@example.com JHARKHAND Opp. 235600 235601 Fax No.171 009 Tel No.org GUJARAT NABARD Tower Opp.
139 Rajpur Road Dehradun .: (0522) 2757566 E-mail : nbtc@sify. Mahatma Gandhi Road Post Box No. 1117 Manjusha Building Above Automatrix Showroom Near KSRTC Bus Stand Bejai Church Road Bejai.226 012 Tel No.226 010 Tel No. : (0381) 2229644 2229633 Fax No. Vipin Khand Gomti Nagar Lucknow . 2421055 Fax No.799 001 Tel No.org LUCKNOW National Bank Training Centre Sector D/S.in WEST BENGAL ‘Abhilasha’. Sitapur Road Opp.com www. Mangalore .575 004 Tel No.www. : (0522) 2304531 E mail : lucknow@nabard. Mandi Samiti.: (0522) 2421047. Colony Kanpur Road Lucknow .com MANGALORE Regional Training College NABARD. Post Bag No. : (044) 28276088. ISI Emerging Markets. Church Road Post Box No.org nabarddoon@dataone.A.6074.reportjunction. 46 Gangtok .: (0824) 2225835 E mail : rtc. : (0194) 2310280 Fax No. : (03463) 252812. 28304444 Fax No. Post Box No. : (0135) 2748610 E mail : firstname.lastname@example.org 034 Tel No. Post Box No. : (03592) 203015. . 2nd floor Post Box No. Aliganj Lucknow – 226 020 Tel No. : (044) 28275732 E mail : email@example.com Agartala . : (03592) 204062 E mail : firstname.lastname@example.org email@example.com TRIPURA Palace Compound (East) Uzirbari Road.115.248 001 Tel No.org TAMIL NADU 48.org HYDERABAD Zonal Training Centre NABARD. : (0135) 2748611 Fax No. : (033) 22552255. 6.in firstname.lastname@example.org. 10-1-128/4 NABARD Officers’ Quarters Masab Tank Hyderabad .226 012 Tel No. : (0522) 2757564. 22667943 Fax No. Downloaded by in-spjainmr from 115. Royd Street Kolkata . : (0824) 2225836.107 on 2013-09-02 17:18:09 EDT.: (0522) 2421035 E mail : email@example.com LUCKNOW National Bank Staff College Sector 'H'.700 016 Tel No. Nungambakkam Chennai .500 028 Tel No.D. Unauthorized Distribution Prohibited. 2757610 Fax No. LDA Colony Kanpur Road Lucknow .org CELL SRINAGAR Opp.com LUCKNOW Bankers Institute of Rural Development Section 'H'.: (03463) 252295 E-mail : nabbol@rediffmail. : (040) 23375006 Fax No. : (0381) 2224125 E mail : firstname.lastname@example.org 101 Tel No.sansco. Amar Singh College Gate Gogji Bagh Srinagar .115.: (040) 23375007 E mail : nabard7_hyd@dataone. : (033) 22494507 E-mail : email@example.com UTTARAKHAND 113/2. Hotel Sunrise Building 2nd & 3rd Floor. 252783 Fax No. : (0522) 2304530 Fax No. : (0522) 2421052 Fax No. 2421176 E mail : firstname.lastname@example.org 008 Tel No.net SIKKIM Om Nivas.9083. Bolpur Lodge Bolpur – 731 204 Birbhum (West Bengal) Tel No. DownloadPDF. : (0194) 2310479 TRAINING ESTABLISHMENTS BOLPUR Regional Training College NABARD.107 at 2013-09-02 17:18:09 EDT.in bird@sancharnet. 2225844 Fax No.mangalore@nabard. 220478 Fax No.in 126 ISIEmergingMarketsPDF in-spjainmr from 115.176. L.org UTTAR PRADESH 11. : (0522) 2421137/54.
DownloadPDF.com www. 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. Downloaded by in-spjainmr from 115.reportjunction. Unauthorized Distribution Prohibited.115.107 on 2013-09-02 17:18:09 EDT.115.176.www. ISI Emerging Markets.sansco.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.176.107 at 2013-09-02 17:18:09 EDT. . 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.
115.com www. 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 . 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. Downloaded by in-spjainmr from 115.107 on 2013-09-02 17:18:09 EDT. 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. 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.176.176.sansco.www. . ISI Emerging Markets.115. Unauthorized Distribution Prohibited. Education.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.World Wide Fund for Nature Information and Communications Technology Institute for Development & Research in Banking Technology Information.reportjunction. DownloadPDF.
ISI Emerging Markets.sansco.115.115.107 at 2013-09-02 17:18:09 EDT. 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.176. .com www.reportjunction.176. Downloaded by in-spjainmr from 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.www. NABARD Financial Services Ltd. DownloadPDF. Unauthorized Distribution Prohibited.107 on 2013-09-02 17:18:09 EDT. Small and Medium Enterprises Minimum Support Price Million Shallow Tubewell Programme Medium Term / Metric Tonne Mother Units NABARD Consultancy Services Pvt. Ltd. NER NFS NFSM NGO NHEP NHM NIDA NIRB NLUP NMCP NMMI NPA NPDP NPOF NPRI NPS NPW NRC(LTO) NRMC NRC(Stab.) 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.
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