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Nabard has been in the forefront of providing financial succor to the agriculture sector, SL Kumbhare, Gopakumaran Nair and KC Badatya provide an overview on how Nabard fulfills its mission

The emergence of Nabard as an apex institution has empowered it with all matters concerning policy, planning and operations in the field of credit for agriculture and other economic activities in rural areas. As envisaged, Nabards mission is rural prosperity and performs prominently functions such as:
1. Financing institutions by providing investment and production credit support for promoting various developmental activities in rural areas
2. Providing measures towards institution building for improving absorptive capacity of the credit delivery system, including monitoring, formulation of schemes for restructuring of credit institutions and training of personnel
3. Co-ordinating rural financing activities of institutions engaged in developmental work at the field level and maintains liaison with state governments, Reserve Bank of India (RBI) and other institutions concerned with policy formulation
4. Undertaking monitoring and evaluation of projects supported by it.
This article briefly discusses the credit as well as non-credit based activities of the organization which helps in improving the effectiveness of credit functions.

CREDIT BASED SERVICES
Short-term credit: The importance of timely and adequate credit in the agriculture need not be elaborated. Use of quality and adequate inputs in time are crucial for increasing agriculture productivity. In order to enable the financing banks for onward lending to meet such short-term credit requirements for production purposes, Nabard has been providing credit limits to co-operative banks for augmenting their resources. This helps in improving food grain production and containing the import bill on oilseeds and pulses by providing adequate credit support for these crops. Nabard has also been encouraging co-operative banks to finance marketing of produce through its refinance support to help the farmers to overcome their vulnerability to distress sales soon after harvest. With a view to provide adequate and timely support from the banking system to the farmers for their cultivation needs in a flexible and cost ...

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