L6

NABARD and NHB

 Learning Outcome
1.Exploring the functioning of NABARD and NHB
2.Identifying the growth and contribution by
development banks in the economy
 Current news
• https://www.nabard.org/news.aspx?id=25&ci
d=552
 NABARD
• https://www.youtube.com/watch?time_conti
nue=38&v=JAFDFt77WpY&feature=emb_logo
 NABARD
https://www.nabard.org/content.aspx?id=
2
• NABARD came into existence on 12 July 1982 by
transferring the agricultural credit functions of RBI and
refinance functions of the then Agricultural Refinance
and Development Corporation (ARDC).
• It was dedicated to the service of the nation by the late
Prime Minister Smt. Indira Gandhi on 05 November
1982.
• Set up with an initial capital of Rs.100 crore, its’ paid up
capital stood at Rs.12,580 crore as on 31 March 2019.
• Consequent to the revision in the composition of share
capital between Government of India and RBI, NABARD
today is fully owned by Government of India.
 MCQs
• NABARD came into existence in
A 1982
B 1984
C 1985
 MCQs
• NABARD came into existence in
A 1982
B 1984
C 1985
 MCQs
• NABARD is related to refinance functions of the then
A Agricultural Reconstruction and Development
Corporation (ARDC).
B Agricultural Refinance and Demonstration Corporation
(ARDC).
C Agricultural Re-organisation and Development
Corporation (ARDC).
D Agricultural Refinance and Development Corporation
(ARDC).
 MCQs
• NABARD is related to refinance functions of the then
A Agricultural Reconstruction and Development
Corporation (ARDC).
B Agricultural Refinance and Demonstration Corporation
(ARDC).
C Agricultural Re-organisation and Development
Corporation (ARDC).
D Agricultural Refinance and Development Corporation
(ARDC).
 Vision and Mission

• VISION
Development Bank of the Nation for Fostering Rural
Prosperity.
• MISSION
Promote sustainable and equitable agriculture and
rural development through participative financial
and non-financial interventions, innovations,
technology and institutional development for
securing prosperity.
 NABARD functions
• Financial functions
• Supervisory functions
• Developmental functions

https://www.nabard.org/content.aspx?id=4
 Government sponsored schemes
• FARM SECTOR
• Dairy Entrepreneurship Development Scheme
Capital Investment Subsidy Scheme for Commercial Production Units for org
anic/ biological Inputs

Agriclinic and Agribusiness Centres Scheme

National Livestock Mission
GSS – Ensuring End Use of Subsidy Released
Interest Subvention Scheme

https://www.nabard.org/content1.aspx?id=591&catid=23&mid=530
 Government sponsored schemes
• Non-farm sector
1. Credit Linked Capital Subsidy Scheme
2. NRLM / NULM (Deendayal Antyodaya Yojana)
3. Weavers Package

https://www.nabard.org/content1.aspx?id=591&catid=23&
mid=530
 Videos
• https://www.youtube.com/watch?v=lrn5MTi9
Uw8
• https://www.youtube.com/watch?v=WoJhNR6
Bo6I
 National Housing Bank
• https://nhb.org.in/en/
 NHB
• National Housing Bank, a Government of India owned
entity, was set up on 9 July 1988 under the National
Housing Bank Act, 1987. NHB is an apex financial
institution for housing.
• Founded: 9 July 1988
• Sector: Bank
• Headquarters: New Delhi
• Agency executive: Shri Srira Kalyanaraman (Managing
Director)
• Parent agency: Reserve Bank of India
 Government schemes
https://nhb.org.in/deposits-and-bonds/deposit-schemes/#

• Pradhan Mantri Awas Yojana

• Rural Housing Interest Subsidy Scheme
• Complaints relating to PMAY
 NHB RESIDEX
https://residex.nhbonline.org.in/
• NHB RESIDEX enables the policy makers,
banks, housing finance companies, builders,
developers, investors, individuals, etc., to track
the movement of housing prices across
different cities in India on quarterly basis.

• NHB RESIDEX available on-line to make it more

accessible to users.
 Deposit schemes
https://nhb.org.in/deposits-and-bonds/deposit-schemes/

• NHB SUNIDHI Term Deposit Scheme: It is a term deposit

scheme for Individuals/HUFs/Partnerships/Societies & Trusts
& Association of persons. The minimum deposit in the scheme
is Rs. 50,000 with a maturity period ranging from 12 months
to 60 months.

• NHB SUVRIDDHI (Tax Saving) Term Deposit Scheme: It is a tax

saving deposit scheme for individuals & HUFs U/S 80 C of
Income Tax Act. The minimum deposit in the scheme is Rs.
10,000 and thereafter in multiple of Rs. 10,000 with a fixed
maturity of 60 months. Individuals & HUFs can invest
maximum Rs. 1,00,000 in the scheme.
 Deposit schemes
https://nhb.org.in/deposits-and-bonds/deposit-schemes/

• Special Term Deposit Scheme for HFCs: The

scheme is applicable only to the Housing
Finance Companies accepting deposit from
public. HFCs can make a minimum deposit of
Rs. 25,00,000 and thereafter in multiple of Rs.
5,00,000 for a maturity ranging from 18
months to 60 months.
Thanks

Doubts?
 Test yourself

• NABARD is actually helping in achieving

agricultural growth targets of the country or
not?
• Assessing the target of NHB?