Nabard Yojana 2024 – As we all know from time to time, employment opportunities are provided to the citizens by the central and state government. The Nabard Yojana has been launched by the Central Government. This scheme is initiated with the purpose of providing employment to the unemployed citizens of India which helps them to improve their daily lives.
Through this citizens will get employment opportunities. Under this scheme, loans will be made available to the citizens of rural areas by the government at low-interest rates. All the eligible candidates must have to apply under this scheme. The loan which will give to the citizens through this scheme will be provided by the bank.
Nabard Yojana 2024
Contents
Nabard Yojana has been started by the central government for the benefit of citizens. Under this scheme, modern dairy will established in all the districts by animal husbandry. A new announcement has been made by the Finance Minister of the country, Nirmal Sitaraman, under the Nabard Scheme with the aim of reducing the disaster and providing relief to the citizens during the corona period. Under this scheme, financial support will be offered to the peoples.
Provided employment opportunities to unemployed citizens of rural areas through Nabard Yojana. Thus, that they can do their own business. Through the Nabard Yojana, the establishment of the dairy farm will be encouraged for milk production. From the production of milk to the protection of cows, their maintenance, deep construction, etc all the work will be machine based. If you also want to take advantage of this scheme, then now apply online or offline by visiting the official website of Nabard Yojana. to take advantage of this scheme, applications by citizens can be both online and offline.
As per the latest information, massive work is being done by the government to increase the income of the farmers. So that unemployment can end in the country. In this article, we will share with you all the information related to this scheme like key highlights, benefits, purpose, eligibility, beneficiaries, lending institutions under this scheme, and the process to apply for the Nabard Yojana.
Under this scheme, the loan which will be available to the citizens at low-interest rates will be provided by the bank. If you want to know more information about the Nabard Yojana then you must have to read the article till the end.
Nabard Yojana 2024 Details
| Name of the Article | Nabard Yojana 2024 |
| Launched by | Nirmala Sita Raman |
| Beneficiaries | Unemployed citizens of the country |
| Year | 2024 |
| Objective | Providing employment |
| Category | Sarkari Yojana |
| Application mode | Online /Offline |
| Official website | www.nabard.org |
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Purpose of Nabard Yojana
The main objective of this scheme is to protect the cows, take care of them, and provide employment. The objective of Nabard Yojana is to promote milk production so that citizens can run their businesses easily. Most of the citizens of the rural areas earn their livelihood through dairy farming. Due to this many citizens do not get much profit because the system of dairy farming is quite chaotic. Under this scheme, dairy industries will be run systematically and smoothly. Through this scheme, facilities will be available for the dairy sector and self–employment opportunities will be made.
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Benefits of Nabard Yojana
- Under this scheme, the citizens who want to start a milk business or want to start production of milk will be provided subsidies by the government.
- The loan which will give to the citizens under this scheme will give by the bank and will directly deposited in the bank account of the citizens.
- This scheme has started so that the benefit of this scheme can available to all the citizens of the lower category.
- With the benefit of the Nabard Yojana, low–class citizens will get employment opportunities through which they can start their own businesses.
- All the work to done under this scheme, such as the protection of cows, their care, and the production of ghee will done by machines.
- Under this scheme, if the machines are buying by the citizens for milk production, a subsidy of 25% will give to them by the government.
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Beneficiaries of Nabard Yojana
- Farmer
- Entrepreneur
- Companies
- Non-government organization
- Organized group
- Unorganized sector
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Lending Institutions Under Nabard Yojana
- Commercial bank
- Regional bank
- State co-operative bank
- State Co-operative Agriculture and Rural Development Bank
- Other institutions are eligible for refinancing from NABARD.
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Eligibility for the Nabard Yojana
- Candidate must be a permanent people of India.
- Only one person can take advantage of this scheme at a time.
- Under this scheme, farmers of the country, NGOs, organized –unorganized sectors, and companies are eligible for application.
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Step to Apply Online for Nabard Yojana
- First of all visit the official website nabard.org of the National Bank for Agriculture and Rural Development Nabard.
- After this, the homepage will open in front of your display screen.
- Then on the homepage, you will see the option of Information Centre, click on it.
- Now a new web page will appear in front of you.
- Now the form will open in front of you.
- Then you have to enter the asked information in it and click on the submit button.
- In this way, your registration is complete.
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The Process to Offline Apply for Nabard Yojana
- Whatever kind of dairy farm you want to open, then you have to go to Nabard’s office for that.
- After this, you have to go to the bank and fill out the subsidy form.
- After filling out the form you’ve to apply.
- If your loan is large then you will have to submit your project report to the Nabard office.
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Frequently Asked Questions (FAQs)
What are the schemes of NABARD?
Farm Sector. Dairy Entrepreneurship Development Scheme. Capital Investment Subsidy Scheme for Commercial Production Units for organic/ biological Inputs. Agriclinic and Agribusiness Centres Scheme. Off Farm Sector. Credit Linked Capital Subsidy Scheme. NRLM / NULM (Deendayal Antyodaya Yojana)
What is the main function of NABARD?
The major functions of NABARD include promotion and development, refinancing, financing, planning, monitoring and supervision.
Who controls NABARD?
Consequent to the revision in the composition of share capital between Government of India and RBI, NABARD today is fully owned by Government of India.
Who regulates NABARD?
The regulatory powers continue to be vested with the Reserve Bank of India. The Department of Supervision functions under the overall supervision and guidance of Chairman and CGM (Shri K S Raghupathi, CGM).
Which ministry is NABARD under?
The agriculture ministry and the National Bank for Agriculture and Rural Development (Nabard), administered by the finance ministry, have both offered to set up these markets.