What is the role of NABARD in developing the economy?



What is the role of NABARD in developing the economy?..

Answer / Kavita Tripathi

NABARD (National Bank for Agriculture and Rural Development) plays a crucial role in rural development by providing medium to long-term credit facilities, refinancing facilities, and other developmental assistance to various rural banks, cooperative banks, and regional rural banks. Its aim is to promote integrated and sustainable agricultural and rural development.

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