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)?
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Which international organization hosted the Data in Climate Resilient Agriculture (DiCRA)?
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What type of financial support facility was supported by the Government of Goa and World Bank?
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Identify one international agency NABARD initiated dialogue with post CoP 28.
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What was initiated to support smallholder farmers in NABARD’s Natural Resource Management (NRM) projects?
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What was the total share contribution of NABARD's subsidiaries as on 31 March 2024?
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How much dividend did NABARD receive from its subsidiaries during the year?
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What was NABARD's follow-on investment in ONDC during FY 2023-24?
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As of 31 March 2024, what was the total amount of NABARD's investments in AIFs?
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Which subsidiary of NABARD explored investments in Pass Through Certificate (PTC)?
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What role did Bhagwat Kishanrao Karad play during the Business Plan Meets organized in 2023-24?
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How many Regional Offices (ROs) were reviewed by the Chairman during 2023-24?
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What is the financial assistance amount provided by KfW for the integration of watershed development?
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Which organization is collaborating with NABARD on the 'Soil Protection and Rehabilitation for Food Security in India' project?
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What is the main objective of the Prosoil project implemented in Maharashtra and Madhya Pradesh?
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What is the total grant support amount from GIZ for the Prosoil project?
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Under which initiative has NABARD been implementing the watershed development program since 2016?
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What type of projects does Asian Development Bank support for NABARD?
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How many Regional Offices were reviewed by the DMD during 2023-24?
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What is the significance of integrating Climate Change Adaptation into the watershed development project?
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What was the central theme discussed in the meeting with the Priority Sector Chiefs on February 2, 2024?
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How many participants attended the meeting convened by NABARD on February 2, 2024?
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What specific issues related to agriculture credit were highlighted by banks during the meeting?
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Who was the Chief Guest at the 42nd Foundation Day celebration on July 12, 2023?
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Where was the 42nd Foundation Day celebration held?
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What additional agenda items were discussed during the NABARD meeting apart from the central theme?
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What is one of the key challenges related to collateral-free loans mentioned during the meeting?
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What types of banks participated in the NABARD meeting on February 2, 2024?
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What development project was discussed regarding agriculture in the NABARD meeting?
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What is one of the specific issues relating to farmer categories discussed in the meeting?
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What was the main focus of the Study Visit by the Standing Committee on Social Justice and Empowerment in November 2023?
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What was the purpose of the Oral Evidence submitted to the Parliamentary Standing Committee on Finance in November and December 2023?
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When did the Study Visit for an informal discussion with NABARD and IIFCL take place, and where was it held?
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Identify the subject of the Study Visit of the Committee on Empowerment of Women conducted in January 2024.
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How many Parliamentary Questions related to FPOs, SHGs, Loan Waivers, and other topics were raised in FY 2023-24?
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What was the date and location of the oral evidence session to the Parliamentary Standing Committee on Finance focused on NABARD’s role?
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What role does NABARD play as mentioned in the context of the parliamentary visits?
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Name the cities visited by the Parliamentary Committee for language-related audits as mentioned in the text.
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What type of organization is primarily discussed in the context of parliamentary questions raised?
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Which committee conducted a study visit focusing on new schemes in PPP mode according to the document?
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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.
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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!