NABARD's Role in Rural Development
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Questions and Answers

What role does NABARD play in rural infrastructure development?

NABARD facilitates financing, promotes, and supports sustainable development of rural infrastructure.

How much cumulative funds has NABARD sanctioned for infrastructure financing till FY2024?

NABARD has sanctioned ₹8.2 lakh crore for infrastructure financing till FY2024.

What is the total amount of disbursements made by NABARD up to FY2024?

The total disbursements made by NABARD up to FY2024 amount to ₹6.2 lakh crore.

In addition to roads, what other facilities does NABARD support in rural areas?

<p>NABARD supports the construction of irrigation systems, warehousing facilities, and renewable energy installations.</p> Signup and view all the answers

What technical support does NABARD provide for rural infrastructure projects?

<p>NABARD provides technical assistance in planning and implementing infrastructure projects.</p> Signup and view all the answers

How does NABARD utilize the funds vested in it for rural development?

<p>NABARD leverages various funds to finance the construction of essential rural infrastructure.</p> Signup and view all the answers

What importance does renewable energy hold in NABARD's infrastructure financing?

<p>Renewable energy installations are crucial for promoting sustainable rural development.</p> Signup and view all the answers

What is the relationship between rural roads and agricultural development as supported by NABARD?

<p>Rural roads enhance access to markets, improving agricultural productivity and economic growth.</p> Signup and view all the answers

What is the primary challenge addressed by the time-controlled automated sprinkler irrigation system in South Sikkim?

<p>Improving water-use efficiency in dry areas for higher production and yield.</p> Signup and view all the answers

What financial assistance did NABARD provide for the sprinkler irrigation project in Namchi?

<p>₹4.8 lakh.</p> Signup and view all the answers

Identify two major outputs of the automated irrigation system implemented for flower growers.

<p>30%-40% water saved and improved foliar growth.</p> Signup and view all the answers

What type of growth and quality improvements were reported from the automated sprinkler irrigation system?

<p>Improvement in foliar growth, quality of flowers, and plant health.</p> Signup and view all the answers

What component is utilized within the automated time-based irrigation system to optimize soil moisture?

<p>Sensors.</p> Signup and view all the answers

What is the estimated total financial outlay for the irrigation project launched in South Sikkim?

<p>₹5.4 lakh.</p> Signup and view all the answers

How many flower growers benefited from the automated irrigation system in the Namchi district?

<p>Five flower growers.</p> Signup and view all the answers

What future financing initiative is mentioned that extends funding arrangements for irrigation projects?

<p>Long-Term Irrigation Fund (LTIF).</p> Signup and view all the answers

What program is associated with the ongoing projects funded by LTIF?

<p>Accelerated Irrigation Benefit Programme.</p> Signup and view all the answers

What is the maximum interest subvention percentage provided under the LTIF?

<p>Up to 2%.</p> Signup and view all the answers

What was the total corpus allocated for the Warehouse Infrastructure Fund by 31 March 2024?

<p>₹9,481 crore</p> Signup and view all the answers

How much was disbursed under the WIF during the financial year 2014-15?

<p>₹4,949 crore</p> Signup and view all the answers

What was the total amount sanctioned under the Warehouse Infrastructure Fund as of 31 March 2024?

<p>₹9,453 crore</p> Signup and view all the answers

How much was refunded to commercial banks from the WIF 2013-14 corpus?

<p>₹519 crore</p> Signup and view all the answers

What can be inferred about the disbursement rate comparing sanctions and disbursements for WIF across both years?

<p>The disbursement rate is notably lower than sanctions, indicating possible delays or inefficiencies in fund allocation.</p> Signup and view all the answers

What was the total amount sanctioned under the RIPF as of March 31, 2024?

<p>₹77.7 crore.</p> Signup and view all the answers

Identify one key impact of the rural drinking water supply project in Odisha.

<p>Improved hygiene practices.</p> Signup and view all the answers

How did the anganwadi project in West Bengal influence school attendance?

<p>It indicated improvements in school attendance.</p> Signup and view all the answers

What was one outcome regarding women's time allocation due to the rural drinking water supply project?

<p>Reduced time allocation by women to the task of fetching water.</p> Signup and view all the answers

Name a health-related benefit linked to the rural drinking water supply project.

<p>Decreased water-borne diseases.</p> Signup and view all the answers

What aspect of financial transactions was positively affected by the anganwadi project?

<p>Increased frequency of bank transactions and use of ATM cards.</p> Signup and view all the answers

List one area where further improvement is needed in the food habits of children according to the evaluation.

<p>Nutritional status of the children.</p> Signup and view all the answers

How has the implementation of the rural drinking water supply project affected economic activities?

<p>It improved health and wellbeing with increased economic activities.</p> Signup and view all the answers

What sanitation issue was reduced as a result of the rural drinking water supply project?

<p>Reduced open defecation.</p> Signup and view all the answers

What is the significance of IIT Kharagpur's evaluation of the RIDF-supported projects?

<p>It provides evidence of the impact of social sector projects on community health and wellbeing.</p> Signup and view all the answers

What is the main objective of the MIF as stated in the annual report?

<p>The main objective of the MIF is to support state governments in mobilising additional resources to expand micro-irrigation coverage.</p> Signup and view all the answers

What total amount was sanctioned in term loans through NIDA by FY2024?

<p>A total of ₹9,934.4 crore was sanctioned in term loans through NIDA by FY2024.</p> Signup and view all the answers

Which sector received the highest share of projects sanctioned under NIDA?

<p>The irrigation sector received the highest share of projects sanctioned under NIDA, amounting to ₹31,498.6 crore.</p> Signup and view all the answers

How much was disbursed in total by NIDA until 31 March 2024?

<p>A total of ₹43,569.8 crore was disbursed by NIDA until 31 March 2024.</p> Signup and view all the answers

What percentage of projects sanctioned under NIDA is allocated to the social sector?

<p>10% of the projects sanctioned under NIDA is allocated to the social sector.</p> Signup and view all the answers

Identify one specific type of project included in the social sector within NIDA.

<p>One specific type of project in the social sector is rural education.</p> Signup and view all the answers

What was the cumulative term loan sanctioned for transmission and renewable energy projects?

<p>The cumulative term loan sanctioned for transmission and renewable energy projects was ₹13,591.3 crore.</p> Signup and view all the answers

What is the total number of projects sanctioned cumulatively by NIDA?

<p>A total of 153 projects have been sanctioned cumulatively by NIDA.</p> Signup and view all the answers

Which infrastructure area received the least amount of funding under NIDA?

<p>The area that received the least amount of funding under NIDA is flood protection, with ₹785.6 crore sanctioned.</p> Signup and view all the answers

What is the percentage share of rural connectivity projects sanctioned under NIDA?

<p>The percentage share of rural connectivity projects sanctioned under NIDA is 15%.</p> Signup and view all the answers

Study Notes

NABARD's Role in Rural Development

  • NABARD facilitates financing and development of rural infrastructure, including roads, irrigation, warehousing, and renewable energy.
  • Cumulative funds sanctioned by NABARD for infrastructure financing reached ₹8.2 lakh crore by FY2024, with disbursements amounting to ₹6.2 lakh crore.
  • As of March 31, 2024, cumulative sanctions under the Rural Infrastructure Project Fund (RIPF) totaled ₹77.7 crore, with disbursements of ₹52.5 crore.

Impact Evaluation of Projects

  • Rural drinking water supply project in Odisha improved water availability, reduced reliance on surface water, and enhanced hygiene practices.
  • The project led to improved health outcomes and increased economic activities due to reduced time spent fetching water.
  • Anganwadi project in West Bengal showed rises in school attendance, health check-ups, and access to nutritious food.
  • Improvements also seen in cleanliness and frequency of bank transactions among beneficiaries.

Innovative Irrigation Solutions

  • Automated sprinkler irrigation system implemented in South Sikkim to enhance water-use efficiency in greenhouses, with NABARD assistance of ₹4.8 lakh.
  • Project enables savings of 30%-40% in water use while improving plant health and flower quality for five flower growers.

Long-Term Irrigation Fund

  • Long-Term Irrigation Fund (LTIF) is extended until FY2026, supporting 60 ongoing projects under Irrigation Benefit Programme.
  • Aims to mobilize resources for expanding micro-irrigation coverage beyond existing government schemes.

NABARD Infrastructure Development Assistance (NIDA)

  • NIDA provides flexible long-term loans for rural infrastructure projects to state governments and eligible entities.
  • As of March 31, 2024, cumulative term loans sanctioned reached ₹79,365.7 crore across various sectors, including agriculture storage, rural connectivity, and renewable energy.
  • Disbursed amount until March 31, 2024 stands at ₹43,569.8 crore.

Warehouse Infrastructure Fund (WIF) Performance

  • As of March 31, 2024, WIF had a total corpus allocation of ₹4,481 crore, with sanctions and disbursements totaling ₹9,453 crore and ₹9,042 crore, respectively.
  • Region-wise performance across different states highlights contributions to warehouse infrastructure financing.

Focus on Impact and Results

  • Projects funded by NABARD have led to significant improvements in rural life, including water availability, education, health and wellbeing.
  • Continued support and funding are crucial for the sustainable development of rural infrastructure and economic growth.

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Annual Report 2023-24 Financial Investment PDF

Description

This quiz explores the essential role of NABARD in financing and promoting sustainable development of rural infrastructure. Participants will learn about NABARD's contributions to rural roads, irrigation systems, and the overall enhancement of rural facilities. Test your knowledge on how NABARD supports these vital areas!

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