DEVELOPMENTAL INTERVENTIONS

SHG-Bank Linkage Programme:

During the year (2011-12), 7.3 lakh SHGs have been promoted by NABARD and linked with banking system in terms of savings accounts as against about 6 lakh SHGs promoted during last year, taking total number of SHGs promoted and saving linked with banks to 82 lakh.

Joint Liability Groups (JLG) :

In order to augment the flow of credit to small and marginal farmers and other micro entrepreneurs, about 1.50 lakh JLGs were promoted taking cumulative position to over 2.90 lakh JLGs.

Farmers’ Clubs:

During the year, 25,238 Farmers' Clubs were launched by different agencies with NABARD support, taking the total number of such clubs to around 1,01946.

Financial Inclusion

During the year 2011-12, the disbursements under Financial Inclusion Fund (FIF) and Financial Inclusion Technology Fund (FITF) were Rs. 18.49 crore and Rs. 128.05 crore reflecting a growth (over previous year) of 100.8% and 137.1% respectively. With this, the cumulative disbursement since inception touched a level of Rs. 36.05 crore under FIF and Rs. 183.82 crore under FITF. Support was extended for setting up of Financial Literacy and Credit Counseling Centres (FLCCs) to Lead Banks (111 FLCCs), capacity building programmes by commercial banks and RRBs and Financial Literacy awareness camps by RRBs, under FIF. Under FITF, support was extended for implementation of Core Banking Solution (CBS) by weak RRBs (26 out of 28) and Information & Communication Technology (ICT) solution by RRBs (52 out of 82).

Pilot Projects launched during 2011-12

Many pilot projects of innovative interventions were launched by NABARD during 2011-12. Some of them were converting KCC to cashless transactions through mobile phone, financing for livelihood and agriculture productivity enhancement measures in watershed areas, increasing water use efficiency in watersheds through water budgeting, micro-Irrigation, etc, 170 Model Units of SRI with outlay of Rs. 24.19 crore implemented in 14 states, Promotion of Natueco Farming - 20 projects with an assistance of Rs. 111 lakh sanctioned, Sustainable Sugarcane Initiatives (SSI) and Promotion of seed villages through seed business ventures.

Watershed Development:

NABARD's total commitment under watershed development programme rose to Rs.1,600 crore, covering an area of about 1.78 million ha. Disbursement of Rs. 272 crore under watershed development programmes anchored by NABARD was made during 2011-12, registering a positive growth of 19% over the previous year. Disbursement under the Prime Minister's programme in distressed districts during 2011-12 was Rs. 181 crore as against Rs. 137 crore in the previous year, the growth being a robust 32%. Under Indo-German Watershed Development Programme (IGWDP) supported by KfW, an amount of Rs. 51 crore was disbursed. Under the Planning Commission funded Integrated Watershed Development Programme in Bihar, the disbursement during 2011-12 touched Rs. 16.8 crore from a level of Rs. 3.61 crore in 2008-09, registering almost five times increase in three years time.

Tribal Development:

During 2011-12, assistance of Rs. 290.63 crore was sanctioned for 98 projects benefiting 72,659 tribal families. The cumulative sanction stood at 415 projects in 26 states/UTs benefiting 3,23,062 tribal families, who were assisted from the Tribal Development Fund (TDF) of NABARD to the tune of Rs. 1,208 crore.