NABKISAN Finance Overview

Questions and Answers

What is the main goal of the Click Rameswaram project?

To provide healthcare services to animals

To distribute free meal services to students

To improve local artisans' livelihoods through tourism (correct)

To construct new schools in the area

What initiative is undertaken to address the dropout rates of girl students?

The construction of a new school building

Implementation of digital learning resources

Providing free transportation for students

Construction of school toilets at GHP School (correct)

In which area is the transgender community being empowered through entrepreneurial support?

Chennai, Tamil Nadu

Tirupur, Tamil Nadu (correct)

Bangalore, Karnataka

Mumbai, Maharashtra

What kind of facility is being enhanced in the Zilla Parishad School?

Educational facilities for tribal students Signup and view all the answers

Which health-related topic is a focus of the productivity enhancement project?

Animal healthcare and disease prevention Signup and view all the answers

What is the estimated cost of creating storage capacity over the next 5 years?

₹1.25 lakh crore Signup and view all the answers

Which organization was entrusted with the construction and management of the warehouses?

NABCONS Signup and view all the answers

How many warehouses were successfully completed by NABCONS?

11 Signup and view all the answers

What is the target storage capacity to be created under the plan?

700 lakh metric tonnes Signup and view all the answers

Which event signified the inauguration of the warehouses constructed under the plan?

A ceremony by the Prime Minister Signup and view all the answers

What was the year-on-year growth percentage of NABKISAN's gross loan book outstanding?

35% Signup and view all the answers

Which type of storage network is the plan aiming to establish?

Decentralized storage network Signup and view all the answers

What is the role of NABARD in the implementation of the pilot project?

To collaborate with NABCONS Signup and view all the answers

How much financial assistance did NABKISAN provide to FPCs during the implementation year?

₹15.5 crore Signup and view all the answers

Which scheme marked the first drone project supported by NABKISAN?

Agri Infrastructure Financing Signup and view all the answers

What was the purpose of feasibility studies undertaken by NABCONS?

To prepare detailed project reports Signup and view all the answers

Which of the following bodies is not mentioned as a collaborating entity with NABCONS?

Indian Agricultural Research Institute Signup and view all the answers

What was the total amount sanctioned for loans to farmer producers' organisations by NABKISAN as of March 31, 2024?

₹779.9 crore Signup and view all the answers

NABKISAN remains the leading lender to which entities under the Government of India's scheme?

Farmer Producers' Organisations Signup and view all the answers

What aspect of the storage facilities does PACS primarily target?

Decentralised storage Signup and view all the answers

How many loans did NABKISAN sanction under the AIF scheme during the year?

24 loans Signup and view all the answers

What was the total sanctions and disbursements by NABKISAN for the year?

₹1,779 crore and ₹1,732 crore Signup and view all the answers

How many farmers across different states and union territories have been impacted by NABKISAN cumulatively?

1.5 million Signup and view all the answers

What is the primary purpose of NABSanrakshan as a trustee company?

To manage credit guarantee funds for specific sectors Signup and view all the answers

Which of the following trust funds is NOT managed by NABSanrakshan?

Credit Guarantee Fund Trust for Small Entrepreneurs Signup and view all the answers

As of March 31, 2024, how many eligible lending institutions (ELIs) were registered under the AHD Trust?

55 Signup and view all the answers

What growth percentage did NABSanrakshan achieve in guarantees issued as of March 31, 2024?

138% Signup and view all the answers

Which platform has been used for issuing all new credit guarantees?

Credit Guarantee Portal Signup and view all the answers

What was the total amount sanctioned by NABKISAN to the 114 FPOs in the Odisha Credit Guarantee Scheme?

₹9.2 crore Signup and view all the answers

What was one of the main focuses of NABSanrakshan in FY2024?

Creating awareness of the credit guarantee scheme Signup and view all the answers

What percentage of the loan value is Villgro Innovations Foundation expected to provide as de-risking capital?

15%–25% Signup and view all the answers

What is the total loan amount covered by the credit guarantees issued as of March 31, 2024?

₹401.4 crore Signup and view all the answers

How many FPCs received credit guarantees under GOI’s Credit Guarantee Scheme for FPO Financing managed by NABSanrakshan?

619 Signup and view all the answers

What notable change was made to the Credit Guarantee Scheme Guidelines under the FPO Trust?

Inclusion of NFBCs for issuing guarantees Signup and view all the answers

What was the YoY growth percentage in profits after taxes for NABSAMRUDDHI Finance Limited during FY2024?

39% Signup and view all the answers

How many credit guarantees had been issued cumulatively by NABSanrakshan by March 31, 2024?

1,876 Signup and view all the answers

What was the total balance sheet amount for NABSAMRUDDHI Finance Limited during FY2024?

₹1,855 crore Signup and view all the answers

Which organization is responsible for de-risking capital for the start-ups funded by NABKISAN?

Villgro Innovations Foundation Signup and view all the answers

How many loans were sanctioned by NABKISAN to agri start-ups during the year?

2 Signup and view all the answers

What was the total amount of assets under management for NABSAMRUDDHI Finance Limited during FY2024?

₹1,804 crore Signup and view all the answers

What was the total amount of financial assistance provided by NABKISAN during the year?

₹15.5 crore Signup and view all the answers

What growth in the balance sheet did NABSAMRUDDHI Finance Limited experience during FY2024?

60% Signup and view all the answers

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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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.