NABARD is set up as an apex Development Bank with a mandate for facilitating credit flow for promotion and development of agriculture, small-scale industries, cottage and village industries, handicrafts and other rural crafts.
Major Activities of NABARD are,refinancing banks for extending loans for investment and production purpose in rural areas, Providing loans to State Government/Non Government Organizations (NGOs)/Panchayati Raj Institutions (PRIs) for developing rural infrastructure.
Providing hi-tech farm development and marketing tie up.
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