Green Initiatives and CCF Funding Overview

Questions and Answers

What amount was disbursed under the Climate Change Fund (CCF) initiatives?

₹ 2.82 crore

Name two of the new green products being developed as part of the initiatives.

Climate resilient dairy and solar agri pump sets

Which organization set up the Technical Support Unit (TSU) jointly with NABARD?

Asian Development Bank (ADB)

What framework is NABARD collaborating on with the Ministry of Agriculture and Farmers Welfare (MoA&FW)?

Voluntary Carbon Market (VCM) framework Signup and view all the answers

Which international organization hosted the Data in Climate Resilient Agriculture (DiCRA)?

UNDP Signup and view all the answers

What type of financial support facility was supported by the Government of Goa and World Bank?

Blended Finance Facility Signup and view all the answers

Identify one international agency NABARD initiated dialogue with post CoP 28.

World Bank Signup and view all the answers

What was initiated to support smallholder farmers in NABARD’s Natural Resource Management (NRM) projects?

Carbon Credit framework Signup and view all the answers

What was the total share contribution of NABARD's subsidiaries as on 31 March 2024?

The total share contribution stood at ₹604.63 crore. Signup and view all the answers

How much dividend did NABARD receive from its subsidiaries during the year?

NABARD received a dividend of ₹20.08 crore. Signup and view all the answers

What was NABARD's follow-on investment in ONDC during FY 2023-24?

NABARD made a follow-on investment of ₹30 crore in ONDC. Signup and view all the answers

As of 31 March 2024, what was the total amount of NABARD's investments in AIFs?

NABARD's commitment to AIFs stood at ₹729.02 crore. Signup and view all the answers

Which subsidiary of NABARD explored investments in Pass Through Certificate (PTC)?

NABSAMRUDDHI explored investments in Pass Through Certificate (PTC). Signup and view all the answers

What role did Bhagwat Kishanrao Karad play during the Business Plan Meets organized in 2023-24?

He was the Hon’ble Minister of State for Finance and served as the Guest of Honour. Signup and view all the answers

How many Regional Offices (ROs) were reviewed by the Chairman during 2023-24?

Three ROs were reviewed by the Chairman. Signup and view all the answers

What is the financial assistance amount provided by KfW for the integration of watershed development?

The financial assistance is Euro 19.5 million. Signup and view all the answers

Which organization is collaborating with NABARD on the 'Soil Protection and Rehabilitation for Food Security in India' project?

The collaboration is with GIZ. Signup and view all the answers

What is the main objective of the Prosoil project implemented in Maharashtra and Madhya Pradesh?

The objective is the promotion of soil conservation measures to improve crop productivity. Signup and view all the answers

What is the total grant support amount from GIZ for the Prosoil project?

The total grant support is Euro 18.885 million. Signup and view all the answers

Under which initiative has NABARD been implementing the watershed development program since 2016?

Under the initiative of 'One World – No Hunger' by German Financial Cooperation. Signup and view all the answers

What type of projects does Asian Development Bank support for NABARD?

ADB supports capacity building and policy formulation on climate change. Signup and view all the answers

How many Regional Offices were reviewed by the DMD during 2023-24?

Four ROs were reviewed by the DMD. Signup and view all the answers

What is the significance of integrating Climate Change Adaptation into the watershed development project?

It addresses soil degradation and promotes sustainability in threatened watersheds. Signup and view all the answers

What was the central theme discussed in the meeting with the Priority Sector Chiefs on February 2, 2024?

The central theme was 'Regional Disparity in Agriculture Credit'. Signup and view all the answers

How many participants attended the meeting convened by NABARD on February 2, 2024?

A total of 48 participants attended the meeting. Signup and view all the answers

What specific issues related to agriculture credit were highlighted by banks during the meeting?

Issues included lack of proper land record data, repayment issues in collateral-free loans, and challenges faced by tenant farmers. Signup and view all the answers

Who was the Chief Guest at the 42nd Foundation Day celebration on July 12, 2023?

Shri Amit Shah, Hon’ble Union Minister for Home & Cooperation. Signup and view all the answers

Where was the 42nd Foundation Day celebration held?

The celebration took place at Pragati Maidan, New Delhi. Signup and view all the answers

What additional agenda items were discussed during the NABARD meeting apart from the central theme?

Agenda items included a review of agriculture credit performance and innovations in agriculture. Signup and view all the answers

What is one of the key challenges related to collateral-free loans mentioned during the meeting?

Repayment issues in collateral-free loans were highlighted as a challenge. Signup and view all the answers

What types of banks participated in the NABARD meeting on February 2, 2024?

Public Sector Commercial Banks, Private Sector Banks, Small Finance Banks, and Foreign Banks participated. Signup and view all the answers

What development project was discussed regarding agriculture in the NABARD meeting?

The development of a National Level Comprehensive Portal was discussed. Signup and view all the answers

What is one of the specific issues relating to farmer categories discussed in the meeting?

Issues relating to tenant farmers and landless cultivators were discussed. Signup and view all the answers

What was the main focus of the Study Visit by the Standing Committee on Social Justice and Empowerment in November 2023?

The focus was on NABARD's role in welfare and reducing economic backwardness for rural SCs, STs, Minorities and Divyangjan. Signup and view all the answers

What was the purpose of the Oral Evidence submitted to the Parliamentary Standing Committee on Finance in November and December 2023?

The purpose was to provide insights on credit provision to the agricultural and rural sector, evaluating NABARD's role. Signup and view all the answers

When did the Study Visit for an informal discussion with NABARD and IIFCL take place, and where was it held?

The discussion took place on January 5, 2024, in Goa. Signup and view all the answers

Identify the subject of the Study Visit of the Committee on Empowerment of Women conducted in January 2024.

The subject was Women Self Help groups. Signup and view all the answers

How many Parliamentary Questions related to FPOs, SHGs, Loan Waivers, and other topics were raised in FY 2023-24?

A total of 196 Parliamentary Questions were raised. Signup and view all the answers

What was the date and location of the oral evidence session to the Parliamentary Standing Committee on Finance focused on NABARD’s role?

The session took place in New Delhi on November 17, 2023. Signup and view all the answers

What role does NABARD play as mentioned in the context of the parliamentary visits?

NABARD is involved in providing credit and support to the agricultural and rural sectors. Signup and view all the answers

Name the cities visited by the Parliamentary Committee for language-related audits as mentioned in the text.

The cities included Haryana, Lucknow, Kolkata, Bhubaneswar, Rajkot, Ahmedabad, Mumbai, and Goa. Signup and view all the answers

What type of organization is primarily discussed in the context of parliamentary questions raised?

The discussions primarily involve Farmer Producer Organizations (FPOs) and Self Help Groups (SHGs). Signup and view all the answers

Which committee conducted a study visit focusing on new schemes in PPP mode according to the document?

The Committee on Government Assurances conducted this study visit. Signup and view all the answers

Study Notes

Financial Disbursements and Initiatives

₹2.82 crore allocated for initiatives under Climate Change Fund (CCF) and CCF-Integrated Development (CCF-ID).
Development of green products initiated, including climate-resilient dairy, solar agricultural pump sets, and energy-efficient value chains.
Identification process for potential state-level projects based on State Action Plan on Climate Change (SAPCC) commenced.

Support and Collaborations

A Technical Support Unit (TSU) established at NABARD, funded by Asian Development Bank (ADB), Bill & Melinda Gates Foundation (BMGF), and Intellecap.
Collaboration with Ministry of Agriculture and Farmers Welfare (MoA&FW) to implement Voluntary Carbon Market (VCM) framework for agriculture.
MoUs signed with MoA&FW and International Institute for Environment and Development (IIED) for integrated efforts.
Partnership with the Government of Goa and World Bank to support the Blended Finance Facility.

International Partnerships

NABARD hosts Data in Climate Resilient Agriculture (DiCRA) in collaboration with UNDP, promoting digital innovations in agriculture.
Dialogues initiated with Multilateral Development Banks (MDBs) post CoP 28, focusing on climate finance with entities like ADB and World Bank.

Parliamentary Engagements

Multiple study visits and oral evidence sessions held with various Parliamentary Committees regarding NABARD's roles and responsibilities.
Topics included new PPP schemes, welfare initiatives for marginalized communities, and credit provisions for rural sectors.
Responded to 196 Parliamentary questions regarding Financial Producer Organizations (FPOs), Self Help Groups (SHGs), and loan waivers.

Meetings with Banking Institutions

Meeting on 2nd February 2024 with Priority Sector Chiefs from banks focused on regional disparities in agricultural credit.
Addressed issues like land record data, repayment challenges in collateral-free loans, and tenant farmer concerns.

Foundation Day Celebration

42nd Foundation Day celebrated on 12th July 2023, attended by prominent government ministers.

Business Planning and Review

Two Business Plan Meets conducted to review performance across departments and suggest future actions.
Ongoing reviews for NABARD's Regional Offices (ROs) to evaluate operations.

Externally Aided Projects

Financial partnership with KfW for watershed development focusing on soil health and climate change since 2016, with a total aid of €19.5 million.
Collaboration with GIZ for soil protection measures in Maharashtra and Madhya Pradesh, with grant support of €18.885 million until December 2024.

Subsidiaries and Strategic Investments

NABARD operates seven subsidiaries with a total share contribution of ₹604.63 crore.
Dividends totalling ₹20.08 crore received from subsidiaries throughout the year.

Equity Investments

NABARD invested ₹30 crore in Open Network for Digital Commerce (ONDC), with total investments in ten strategic companies reaching ₹1106.23 crore.
Dividends of ₹23.69 crore received from companies including SIDBI, AICIL, MCX, and CSC e-governance.

Alternative Investment Funds

₹25 crore committed to Ubharte Sitaare Fund among various other investment commitments in Alternative Investment Funds (AIFs).
Total commitment to AIFs amounted to ₹729.02 crore, with outstanding investments of ₹414.51 crore.

Studying That Suits You

Use AI to generate personalized quizzes and flashcards to suit your learning preferences.

Description

This quiz covers various green initiatives funded under CCF and CCF-ID, including the development of climate resilient products and technologies. It also discusses the establishment of a Technical Support Unit and the process of identifying potential state-level projects. Test your knowledge on these important sustainability efforts!