National Bank for Agriculture and Rural Development (NABARD)

The National Bank for Agriculture and Rural Development (NABARD) is an Indian development bank aimed at providing credit and developing financial institutions to support agriculture and rural development. Established in 1982, NABARD plays a crucial role in enhancing rural livelihoods and promoting sustainable rural development by financing projects, supporting farmers, and facilitating rural infrastructure. It also works with governments and local bodies to implement various schemes, ensuring better resources for rural communities and improving overall agricultural productivity. Essentially, NABARD strives to empower rural areas and ensure economic growth through agriculture.