AN ANALYSIS OF ROLE OF NABARD IN AGRICULTURE DEVELOPMENT IN INDIA

National Bank for Agriculture and Rural Development (NABARD) is India's top or apex agricultural and rural development financial body. NABARDs interested in establishing financial anastomosis policies for rural development. it is the country's major financial institution for rural development, with the goal of becoming the nation's development bank to promote rural prosperity. NABARD provides funding for India's rural development to state finance commissions and regional rural banks. NABARD's basic objective is to secure affluence through participatory financially and non-financially interference, novation, technics, and institution growth for sustainable & equitable agriculture and rural development. The Research paper focused on analysis of role of NABARD in agriculture development of India. NABARD would work to achieve its goals by encouraging sustainable farming through credit, spreading awareness of precision farming, organic farming, and encouraging market orientation in the production process. Also, focus on enabling accelerated capital formation and asset investment, which would boost agriculture production and productivity while also making Indian agriculture globally competitive. NABARD will undoubtedly strive to perform on all fronts in order to secure rural prosperity, but it will not be alone in this endeavor; it will be guided and supported by the Government of India, the Reserve Bank of India, participatory banks, non-governmental organizations, and, most importantly, the people. The measures suggested above would go a long way toward increasing NABARD's efficiency.

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Keywords: NABARD, Agriculture Development, Financial Assistance.


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