Write notes on the following:
NABARD and SIDBI
Write notes on the following:
NABARD and SIDBI
a) National Bank for Agriculture and Rural Development (NABARD): It has been adopting a multipronged, multi-purpose strategy for the promotion of rural business enterprises in the country. Apart from agriculture, it supports small industries, cottage and village industries, and rural artisans using credit and non-credit approaches. It offers counselling and consultancy services and organises training and development programmes for rural entrepreneurs.
b) Small Industries Development Bank of India (SIDBI): It is set up as an apex bank to provide direct/indirect financial assistance under different schemes, to meet credit needs of small business organisations. It coordinate the functions of other institutions in similar activities.
a) National Bank for Agriculture and Rural Development (NABARD): It has been adopting a multipronged, multi-purpose strategy for the promotion of rural business enterprises in the country. Apart from agriculture, it supports small industries, cottage and village industries, and rural artisans using credit and non-credit approaches. It offers counselling and consultancy services and organises training and development programmes for rural entrepreneurs.
b) Small Industries Development Bank of India (SIDBI): It is set up as an apex bank to provide direct/indirect financial assistance under different schemes, to meet credit needs of small business organisations. It coordinate the functions of other institutions in similar activities.
