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NABARD Grade A Exam

Government Schemes Series
Part-1

FOR NABARD Grade

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B EXAM
NABARD Government Schemes Series – Part-1 Free NABARD Grade A e-book

NABARD Grade A Exam

Government Schemes Series – Part-1
Ministry of Agriculture & Farmers Welfare

1. Agriculture Infrastructure Fund

➢ Launch Year: 2020

➢ Nodal Ministry: Ministry of Agriculture and Farmers’ Welfare

➢ Aim: To provide medium-long term debt financing facility for investment in viable
projects for post-harvest management Infrastructure and community farming assets.

➢ Beneficiaries: Primary Agricultural Credit Societies (PACS), Marketing Cooperative

Societies, Farmer Producers Organizations (FPOs), Self Help Group (SHG), Farmers,
Joint Liability Groups (JLG), Multipurpose Cooperative Societies, Agri-entrepreneurs,
Start-ups, Aggregation Infrastructure Providers and Central/State agency or Local
Body sponsored Public Private Partnership Project.

➢ Financial Support: Rs. 1 Lakh Crore will be provided by banks and financial institutions
as loans.

➢ Duration: Financial Year 2020 to 2029.

➢ Disbursal: Loans will be disbursed in four years starting with sanction of Rs. 10,000
crores in the current year and Rs. 30,000 crore each in next three financial years.

➢ Moratorium Period: For repayment may vary subject to minimum of 6 months and
maximum of 2 years.

➢ Interest Subvention: Loans will have interest subvention of 3% per annum up to a

limit of Rs. 2 cr. This subvention will be available for a maximum period of seven years.

➢ Management: The fund will be managed and monitored through an

online Management Information System (MIS) platform. It will enable all the qualified
entities to apply for loan under the Fund.

➢ Participating institutions: All scheduled commercial banks, scheduled cooperative

banks, Regional Rural Banks (RRBs), Small Finance Banks, Non-Banking Financial
Companies (NBFCs) and National Cooperative Development Corporation (NCDC) may
NABARD Government Schemes Series – Part-1 Free NABARD Grade A e-book

participate to provide this financing facility, after signing of Memorandum of

Understanding (MoU) with National Bank for Agriculture & Rural Development
(NABARD)/DAC&FW.

➢ Credit Guarantee: *Credit guarantee coverage will be available for eligible borrowers
from this financing facility under Credit Guarantee Fund Trust for Micro and Small
Enterprises (CGTMSE) scheme for a loan up to Rs. 2 crores.

*The fee for this coverage will be paid by the Government.

*In case of FPOs the credit guarantee may be availed from the facility created under
FPO promotion scheme of Department of Agriculture, Cooperation & Farmers Welfare
(DACFW).

2. Sahakar Mitra – Scheme on Internship Programme

➢ Launch Year: 2020

➢ Nodal Ministry: Ministry of Agriculture & Farmers’ Welfare

➢ Aim: To train youth for entrepreneurial roles to tap into the large-scale potential of
the market.

➢ Objective: To help cooperative institutions access innovative ideas of young

professionals while the interns will gain experience of working in the field to be self-
reliant.

➢ Beneficiaries: Professional graduates in disciplines such as Agriculture and allied

areas, IT, etc

➢ Key Features:

* The scheme is an initiative by National Cooperative Development Corporation

(NCDC), the cooperative sector development finance organization.

* In this Sahakar Mitra Scheme young professional from academic institutes will be
working with NCDC in order to incorporate skills like leadership and entrepreneurship
in them by playing the role of FPO (Farmer Producer Organisation)

* A financial support over a 4-month internship period will be provided to each intern.
NABARD Government Schemes Series – Part-1 Free NABARD Grade A e-book

3. Yuva Sahakar - Cooperative Enterprise Support and Innovation Scheme

➢ Launch Year: 2019

➢ Nodal Ministry: Ministry of Agriculture and Farmers Welfare

➢ Formulated by: National Cooperative Development Corporation (NCDC)

➢ Aim: To motivate and promote the entrepreneurs of India in the Cooperative

Enterprise and those individuals working for business.

➢ Beneficiaries: For candidates under the special category such as women or Scheduled
Caste, Scheduled Tribe or PwD, NCDC provides 80% of the total cost of the project.

*For candidates belonging to another category that is candidates who do not come
under the special class, NCDC provides 70% of the total cost of the project.

*All kinds of cooperatives in operation for at least one year are eligible.

➢ Subsidy: The scheme envisages 2% less than the applicable rate of interest on term
loan for the project cost up to Rs 3 crore.

*All types of cooperatives in operation for at least one year are eligible.

➢ Loan Period:

*The period of the loan is up to 5 years with a moratorium of 2 years depending on

the project involved in.

*The incentive on regular payments of repaying the loan may fetch an additional
discount of 2% in the rate of interest.

➢ Funding Pattern:

* A corpus fund of Rs 1,000 crore has been created by NCDC for this purpose.

The funding pattern is of two types – Category-A and Category-B where 80:20 and
70:30 combinations are followed respectively – 80% and 70% of funding will be from
the scheme and 20% & 30% from the applicant. Category-A is applicable for the
following:

• Co-operative societies registered in the North-East region.

NABARD Government Schemes Series – Part-1 Free NABARD Grade A e-book

• Co-operative societies registered in the area identified by NITI Aayog.

• Co-operative societies with 100% of women.
• Co-operative societies with 100% of SC or ST or PwD
• Category-B is applicable for the co-operative societies do not belong to
Category-A.

4. CHC Farm Machinery App

➢ Launch Year: 2019

➢ Nodal Ministry: Ministry of Agriculture and Farmers Welfare.

➢ Aim: Facilitating agricultural mechanization in the country by encouraging small &

marginal farmers to take machines on rental basis for agriculture practices without
them having to purchase the high priced such machines.

➢ About:

*The Mobile App “CHC Farm Machinery" will allow farmers to avail custom hiring
services of CHCs located in a radius of 50 km.

*The App connects the farmers with Custom Hiring Centres (CHCs) in their area. with
this, farmers can now get affordable access to cutting-edge technology at their
doorsteps.

*The Multi-lingual Mobile App CHC Farm Machinery is available to custom service
providers for registration and uploading with geo-reference photographs of
agricultural machinery.

*More than 40,000 custom hiring service centres have registered on this mobile app.

➢ Modification: The App has been further modified and now has been given the
acronym of “FARMS-app” (Farm Machinery Solutions-app). The revised version is
more user friendly, and the scope of the app has also been enhanced.

5. PM-KISAN - Pradhan Mantri Kisan Samman Nidhi

➢ Launch Year: 2019
NABARD Government Schemes Series – Part-1 Free NABARD Grade A e-book

➢ Nodal Ministry: Ministry of Agriculture and Farmers Welfare

➢ About:

*Pradhan Mantri Kisan Samman Nidhi (PM-KISAN) is a Central Sector Scheme with
100% funding from the Government of India.

*100% Aadhar authenticated Beneficiaries.

In case of beneficiaries in States of Assam, Meghalaya, J&K where Aadhaar number

has not been issued to most of the citizens, Aadhaar number shall be collected for
those beneficiaries where it is available and for others alternate prescribed
documents can be collected for identity verification purposes. All states are
implementing the scheme, except West Bengal.

➢ Aim: To supplement the financial needs of the Small and Marginal Farmers (SMFs) in
procuring various inputs to ensure proper crop health and appropriate yields,
commensurate with the anticipated farm income at the end of each crop cycle.

➢ Beneficiaries: All land holding eligible farmer families (subject to the prevalent
exclusion criteria) are to avail of the benefits under this scheme.

Exclusion Category:

*All Institutional Land holders.

*Farmer families in which one or more of its members belong to following categories
– Former and present holders of:

*constitutional posts: Former and present Ministers/ State Ministers and

former/present Members of LokSabha / RajyaSabha / State Legislative Assemblies/
State Legislative Councils, former and present Mayors of Municipal Corporations,
former and present Chairpersons of District Panchayats.

*All serving or retired officers and employees of Central/ State Government Ministries
/Offices/Departments and its field units Central or State PSEs and Attached offices
/Autonomous *Institutions under Government as well as regular employees of the
Local Bodies (Excluding Multi-Tasking Staff /Class IV/Group D employees).

*All superannuated /retired pensioners whose monthly pension isRs.10,000 or more

(Excluding Multi-Tasking Staff / Class IV/Group D employees) of above category.

*All Persons who paid Income Tax in last assessment year.

NABARD Government Schemes Series – Part-1 Free NABARD Grade A e-book

*Professionals like Doctors, Engineers, Lawyers, Chartered Accountants, and

Architects registered with Professional bodies and carrying out profession by
undertaking practices.
➢ Benefits:

* Under the PM-KISAN scheme, all landholding farmers' families shall be provided the
financial benefit of Rs. 6000 per annum per family payable in three equal instalments
of Rs. 2000 each, every four months.

➢ Monitoring of the Scheme:

*For effective review and monitoring of the scheme, a Project Monitoring Unit (PMU)
at Central level will be set up in DAC & FW.

➢ Ambit: The Scheme initially provided income support to all Small and Marginal
Farmers’ families across the country, holding cultivable land up to 2 hectares.

*Its ambit was later expanded w.e.f. 01.06.2019 to cover all farmer families in the
country irrespective of the size of their land holdings.

➢ PM-KISAN Mobile App:

*The PM-KISAN Mobile App developed and designed by the National Informatics
Centre in collaboration with the Ministry of Electronics and Information Technology
has been launched.

*The farmers can view the status of their application, update or carry out corrections
of their Aadhaar cards and also check the history of credits to their bank accounts.

➢ Similar schemes by States:

• Rythu Bandhu scheme of Telangana government.
• Krushak Assistance for Livelihood and Income augmentation (KALIA) by Odisha
• Bhavantar Bhugtan Yojana-by MP

6. Agri - Market Infrastructure Fund

➢ Launch Year: 2019

➢ Nodal Ministry: Ministry of Agriculture and Farmers Welfare

NABARD Government Schemes Series – Part-1 Free NABARD Grade A e-book

➢ Aim:

*Creation of scientific storage capacity with allied facilities in rural areas to meet out various
requirements of farmers for storing farm produce, processed farm produce, agricultural
inputs, etc.

➢ Objectives:

*To improve marketing and supporting infrastructure in Gramin Agricultural Markets (GrAMs)
as well as in regulated wholesale markets of APMC/RMC.

*To provide better farmer-consumer interface through development of GrAMs as Farmer-

Consumer Direct Markets.

*To facilitate aggregation of the produce in GrAMs and establish forward linkages with the
secondary markets of APMCs in hub and spoke mode and also in Public Private Partnership
mode.

*To modernize the marketing, processing, storage and ancillary infrastructure/logistics

including better assaying facilities in 585 regulated APMC markets.

➢ Fund:

*A corpus of 2 thousand crore rupees will be created with NABARD for development and
upgradation of agricultural marketing infrastructure in Gramin Agricultural Markets (GrAMs)
and regulated wholesale markets.

*States can also utilise this fund for innovative integrated market infrastructure projects,
including hub and spoke model and in private-public partnership mode.

➢ Rate of Interest: at 8.5%

➢ Interest Subvention: DAC&FW will provide an interest subvention of 3.0 % to enable NABARD
to advance loans to State Governments /UT Administrations at concessional rate of interest.

➢ Implementation Period: The Scheme will be operational from 2018-19 to 2025-26 which
includes moratorium period of 2 years.

➢ Margin: The cost of fund would include the cost of borrowing by NABARD from market and
NABARD’s margin of 0.6%.

*The margin of 0.6 % p.a. will be added to current market cost of borrowing by NABARD
towards covering processing, administrative, overheads, risk cost etc.
NABARD Government Schemes Series – Part-1 Free NABARD Grade A e-book

➢ Coverage: AMIF will provide the State/UT Governments subsidized loan for their proposal for
developing marketing infrastructure in 585 Agriculture Produce Market Committees (APMCs)
and 10,000 Grameen Agricultural Markets (GrAMs).
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