What are the new initiatives Nabard has taken up?
Our mandate is agricultural and rural development. Since we are supposed to work for both the development of farm as well as non-farm sectors, our primary intervention is development through credit by supporting refinance and innovating the development of rural credit to make farmers take advantage of advanced agricultural technology. We have been doing this through a fund of Rs 31,000 crore. But credit is only one aspect, as there are several other aspects of rural development like irrigation and road development, godown and marketyard building, among others. They are also a part of agriculture as they are required for agricultural activities. Overall, they form support to agricultural infrastructure and RIDF has enabled Nabard to do exactly that. Therefore, as a third aspect of government initiative, we provide irrigation facilities and then create infrastructure under RIDF. Also, Nabard has undertaken a lot of initiatives in the direction of watershed development. Our watershed deve
