National Bank for Agriculture and Rural Development (NABARD) Recruitment

National Bank for Agriculture and Rural Development (NABARD) is the prominent financial institution of India. NABARD is responsible for important matters, dealing with the operations and policy planning for economic and agriculture activities of India’s rural areas. NABARD conducts recruitment at various levels and under various grades. Each recruitment has specific eligibility criteria and selection procedure, pertaining to the post. This article gives an overview of all the latest recruitments carried out by NABARD and all it’s important details.

NABARD Recruitment

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NABARD recruitment notification for Multiple Posts has been released. The important links and notifications for the recruitment are given below.

Advt No.	NABARD Recruitment	Details
Advt No 6 & 7/ 2019-2020	Grade A Recruitment 2020	Click Here
Advt No 5/ 2019-2020	Office Attendant	Click here
Advt No 2/2017-2018	Grade B Recruitment	Click Here
Advt No 1/2016-2017	Development Assistant Recruitment	Click Here

About National Bank for Agriculture and Rural Development

Initiatives based on building an empowered and financially inclusive rural India through different target-oriented departments, NABARD works with its three major financial, growth and supervisory departments. Over the years the bank’s initiatives have touched millions of rural lives across the country. The bank provides loans for food parks, warehouses, cold storage and many more such loans. It also provides funding for irrigation, agricultural development, and other types of finance.

Role of NABARD

NABARD has been instrumental in laying the foundations for rural, social and social innovations in rural hinterlands. NABARD also partnered with around 4000 organizations in the process to develop many of the interventions, including watershed approach to soil and water conservation, tree-based tribal community livelihoods initiative, SHG-Bank Linkage Programme, and increased crop productivity. NABARD is the country’s most important institution for the production of the small-scale, village cottage industry, and other rural industries.

NABARD also fulfils its responsibilities by taking on the following roles:

It serves as an apex funding agency for institutions that provide investment and production credit to promote the various activities of rural development.
Takes measures towards institution building to improve the absorptive capacity of the credit delivery system including monitoring, the restructuring of credit institutions, the formulation of rehabilitation schemes, staff training, etc.
Coordinates the rural financing activities of all institutions thats involved in field development work and maintains liaison with the Government of India, the Reserve Bank of India (RBI), the State Governments, and other national institutions involved in policy formulation.
NABARD is refinancing the financial institutions that support the rural sector.
It takes part in the development of institutions that assist the rural economy.
It regulates the institutions that provide the rural economy financial help.
It offers training facilities for the organizations that operate in rural upliftment.

Achievements of NABARD

Financial, Supervision and Development are three broad headings that enable NABARD to focus on almost every aspect of the rural economy: providing support for refinancing, building rural infrastructure, drawing up credit plans at district level, guiding and motivating the banking industry to achieve credit targets. It also supervising Cooperative Banks and Regional Rural Banks (RRBs), enabling them to embark on the CBS programme, assisting them in establishing sound banking practices, designing new rural development projects, administer GoI’s development schemes, train craftsmen and provide them with a marketing platform to sell their goods, amongst others.

Financial Functions

Refinance – Short Term Loans
Long Term Loans
Rural Infrastructure Development Fund
Long-Term Irrigation Fund
Pradhan Mantri Awaas Yojana – Grameen (PMAY-G)
NABARD Infrastructure Development Assistance
Warehouse Infrastructure Fund
Food Processing Fund
Direct Lending to Cooperative Banks
Credit Facility to Marketing Federations
Credit to Producer Organizations & PACS

Supervisory Functions

NABARD carried out 346 inspections during 2017-18.

Developmental Functions

Kisan Credit Card Scheme for Farmers
Watershed Development
Tribal Development
Climate Resilient Agriculture
Umbrella Programme on Natural Resource Management
Financial Inclusion
Microfinance Sector
EShakti
Skill Development
Marketing Initiatives
Incubation Centres

Department’s of NABARD

The Department’s of NABARD are as follows:

Accounts Department
Business Initiatives Department
Central Vigilance Cell
Corporate Communications Department
Corporate Planning Department
Department of Economic Analysis & Research
Department of Information Technology
Department of Premises, Security and Procurement
Department of Refinance
Department of Storage and Marketing
Department of Subsidiaries and Strategic Investments
Department of Supervision
Farm Sector Development Department
Farm Sector Policy Department
Farm Sector Policy Department
Human Resource Management Department
Inspection Department
Institutional Development Department
Law Department
Micro Credit Innovations Department
Off Farm Development Department
Rajbhasha Prabhag
Risk Management Department
Secretary’s Department
State Project Department
Department of Financial Inclusion and Banking Technology
Strategic Planning and Product Innovation Department
Department for Data Management Analytics and Business Intelligence

Government Sponsered Schemes

There are two Government Sponsered Schemes, the one is farm sector and the other one is Off farm sector:

Farm Sector

Dairy Entrepreneurship Development Scheme
Capital investment incentive program for organic / bioinput commercial production units
Agriclinic and Agribusiness Centres Scheme
National Livestock Mission
GSS – Ensuring End Use of Subsidy Released
Interest Subvention Scheme
New Agricultural Marketing Infrastructure

Off Farm Sector

Credit Linked Capital Subsidy Scheme
NRLM / NULM (Deendayal Antyodaya Yojana)
Weavers Package

NABARD Recruitment

NABARD conducts recruitment at various posts which are classified into three main categories. Although there are other positions at the junior level that are not classified. For various recruitments, NABARD conducts entrance examination which is a written exam for different categories. Candidates can check the recruitment notifications from the official website. Also, check the information about various posts from the link given above.