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Questions and Answers
What is the main goal of the Click Rameswaram project?
What is the main goal of the Click Rameswaram project?
What initiative is undertaken to address the dropout rates of girl students?
What initiative is undertaken to address the dropout rates of girl students?
In which area is the transgender community being empowered through entrepreneurial support?
In which area is the transgender community being empowered through entrepreneurial support?
What kind of facility is being enhanced in the Zilla Parishad School?
What kind of facility is being enhanced in the Zilla Parishad School?
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Which health-related topic is a focus of the productivity enhancement project?
Which health-related topic is a focus of the productivity enhancement project?
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What is the estimated cost of creating storage capacity over the next 5 years?
What is the estimated cost of creating storage capacity over the next 5 years?
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Which organization was entrusted with the construction and management of the warehouses?
Which organization was entrusted with the construction and management of the warehouses?
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How many warehouses were successfully completed by NABCONS?
How many warehouses were successfully completed by NABCONS?
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What is the target storage capacity to be created under the plan?
What is the target storage capacity to be created under the plan?
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Which event signified the inauguration of the warehouses constructed under the plan?
Which event signified the inauguration of the warehouses constructed under the plan?
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What was the year-on-year growth percentage of NABKISAN's gross loan book outstanding?
What was the year-on-year growth percentage of NABKISAN's gross loan book outstanding?
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Which type of storage network is the plan aiming to establish?
Which type of storage network is the plan aiming to establish?
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What is the role of NABARD in the implementation of the pilot project?
What is the role of NABARD in the implementation of the pilot project?
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How much financial assistance did NABKISAN provide to FPCs during the implementation year?
How much financial assistance did NABKISAN provide to FPCs during the implementation year?
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Which scheme marked the first drone project supported by NABKISAN?
Which scheme marked the first drone project supported by NABKISAN?
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What was the purpose of feasibility studies undertaken by NABCONS?
What was the purpose of feasibility studies undertaken by NABCONS?
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Which of the following bodies is not mentioned as a collaborating entity with NABCONS?
Which of the following bodies is not mentioned as a collaborating entity with NABCONS?
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What was the total amount sanctioned for loans to farmer producers' organisations by NABKISAN as of March 31, 2024?
What was the total amount sanctioned for loans to farmer producers' organisations by NABKISAN as of March 31, 2024?
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NABKISAN remains the leading lender to which entities under the Government of India's scheme?
NABKISAN remains the leading lender to which entities under the Government of India's scheme?
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What aspect of the storage facilities does PACS primarily target?
What aspect of the storage facilities does PACS primarily target?
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How many loans did NABKISAN sanction under the AIF scheme during the year?
How many loans did NABKISAN sanction under the AIF scheme during the year?
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What was the total sanctions and disbursements by NABKISAN for the year?
What was the total sanctions and disbursements by NABKISAN for the year?
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How many farmers across different states and union territories have been impacted by NABKISAN cumulatively?
How many farmers across different states and union territories have been impacted by NABKISAN cumulatively?
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What is the primary purpose of NABSanrakshan as a trustee company?
What is the primary purpose of NABSanrakshan as a trustee company?
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Which of the following trust funds is NOT managed by NABSanrakshan?
Which of the following trust funds is NOT managed by NABSanrakshan?
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As of March 31, 2024, how many eligible lending institutions (ELIs) were registered under the AHD Trust?
As of March 31, 2024, how many eligible lending institutions (ELIs) were registered under the AHD Trust?
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What growth percentage did NABSanrakshan achieve in guarantees issued as of March 31, 2024?
What growth percentage did NABSanrakshan achieve in guarantees issued as of March 31, 2024?
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Which platform has been used for issuing all new credit guarantees?
Which platform has been used for issuing all new credit guarantees?
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What was the total amount sanctioned by NABKISAN to the 114 FPOs in the Odisha Credit Guarantee Scheme?
What was the total amount sanctioned by NABKISAN to the 114 FPOs in the Odisha Credit Guarantee Scheme?
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What was one of the main focuses of NABSanrakshan in FY2024?
What was one of the main focuses of NABSanrakshan in FY2024?
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What percentage of the loan value is Villgro Innovations Foundation expected to provide as de-risking capital?
What percentage of the loan value is Villgro Innovations Foundation expected to provide as de-risking capital?
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What is the total loan amount covered by the credit guarantees issued as of March 31, 2024?
What is the total loan amount covered by the credit guarantees issued as of March 31, 2024?
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How many FPCs received credit guarantees under GOI’s Credit Guarantee Scheme for FPO Financing managed by NABSanrakshan?
How many FPCs received credit guarantees under GOI’s Credit Guarantee Scheme for FPO Financing managed by NABSanrakshan?
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What notable change was made to the Credit Guarantee Scheme Guidelines under the FPO Trust?
What notable change was made to the Credit Guarantee Scheme Guidelines under the FPO Trust?
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What was the YoY growth percentage in profits after taxes for NABSAMRUDDHI Finance Limited during FY2024?
What was the YoY growth percentage in profits after taxes for NABSAMRUDDHI Finance Limited during FY2024?
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How many credit guarantees had been issued cumulatively by NABSanrakshan by March 31, 2024?
How many credit guarantees had been issued cumulatively by NABSanrakshan by March 31, 2024?
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What was the total balance sheet amount for NABSAMRUDDHI Finance Limited during FY2024?
What was the total balance sheet amount for NABSAMRUDDHI Finance Limited during FY2024?
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Which organization is responsible for de-risking capital for the start-ups funded by NABKISAN?
Which organization is responsible for de-risking capital for the start-ups funded by NABKISAN?
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How many loans were sanctioned by NABKISAN to agri start-ups during the year?
How many loans were sanctioned by NABKISAN to agri start-ups during the year?
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What was the total amount of assets under management for NABSAMRUDDHI Finance Limited during FY2024?
What was the total amount of assets under management for NABSAMRUDDHI Finance Limited during FY2024?
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What was the total amount of financial assistance provided by NABKISAN during the year?
What was the total amount of financial assistance provided by NABKISAN during the year?
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What growth in the balance sheet did NABSAMRUDDHI Finance Limited experience during FY2024?
What growth in the balance sheet did NABSAMRUDDHI Finance Limited experience during FY2024?
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Study Notes
Sulochana Sao and Local Development
- Sulochana Sao, a member of a Joint Liability Group (JLG) from Raigarh, Chhattisgarh, has significantly contributed to local employment and economic growth through her enterprise.
NABKISAN Finance Limited (NABKISAN)
- Balance sheet size reached ₹2,804.5 crore, reflecting a 30% year-on-year growth.
- Gross loan book outstanding stood at ₹2,585.7 crore, with a 35% year-on-year increase.
- Total sanctions and disbursements amounted to ₹1,779 crore and ₹1,732 crore, respectively, exceeding set targets.
- As of March 31, 2024, NABKISAN sanctioned 3,004 loans to Farmer Producers’ Organisations (FPOs), totaling ₹779.9 crore.
- Benefited 1.5 million farmers across 20 states and 3 Union Territories.
- Leading Non-Banking Financial Company (NBFC) lender under the Government of India’s Agri Infrastructure Financing (AIF) scheme.
- Sanctioned 24 loans under AIF worth ₹4.9 crore, including a project for drones used by FPCs.
- Cumulatively sanctioned 102 FPC loans under AIF totaling ₹15.2 crore.
- Supported three CSR projects worth ₹93 lakh during the year.
- Provided ₹15.5 crore in financial assistance to 143 FPCs as an implementation partner for Tamil Nadu's financing schemes.
- Collaborated with the World Bank for credit linkage to FPOs under the Tamil Nadu Rural Transformation Project.
- Extended credit guarantee to 114 FPOs in Odisha, worth ₹9.2 crore.
Technology and Agricultural Innovation
- Signed an MoU with Villgro Innovations Foundation for funding agricultural start-ups; Villgro provides de-risking capital of 15%-25%.
- Sanctioned two loans to agri start-ups totaling ₹2 crore.
- Recognized as an Eligible Lending Institution (ELI) under GOI’s Credit Guarantee Scheme for FPO Financing, managing guarantees for 619 FPCs worth ₹123.4 crore.
NABSAMRUDDHI Finance Limited (NSFL)
- Achieved a record financial performance with a balance sheet growth of 60% to ₹1,855 crore and assets under management at ₹1,804 crore.
- Profit after taxes grew by 39% to ₹49 crore, exceeding targets by 18%.
Food Security Initiatives
- Aims to create grain storage capacity of 700 lakh metric tonnes over 5 years at an estimated cost of ₹1.25 lakh crore.
- Focuses on a decentralized storage network through primary agricultural credit societies (PACS).
NABSanrakshan and Credit Guarantee Funds
- Incorporated in November 2020, manages credit guarantee funds to facilitate finance flow for sustainable agriculture and rural development.
- Administers FPO Trust and AHD Trust, enhancing credit availability.
- As of March 31, 2024, registered 94 ELIs under the FPO Trust and issued a cumulative of 1,876 credit guarantees valued at ₹337 crore across 23 states.
Community and CSR Initiatives
- Projects aimed at enhancing local artisans’ livelihoods through digital tourism promotion in Tirupur, Tamil Nadu.
- Awareness programs for animal healthcare and fodder quality to improve productivity.
- Construction of school toilets under WASH initiatives to ensure sanitation and support girl students.
- Entrepreneurial support to the transgender community for a mobile bakery-cum-cafeteria initiative.
- Educational enhancement projects for schools in tribal areas, addressing infrastructure deficits.
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Description
Explore the impressive growth and impact of NABKISAN Finance Limited. This quiz highlights Sulochana Sao's contributions to local employment and economic stimulation in Raigarh, Chhattisgarh, alongside the organization's significant financial achievements.
