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Context

• National Bank for Agriculture and Rural Development (NABARD) has projected a credit potential of Rs 36,292 crore for the state of Assam for the financial year 2022-23.

NABARD

• National Bank for Agriculture and Rural Development (NABARD) is an apex regulatory body for overall regulation of regional rural banks and apex cooperative banks in India.
• It is under the jurisdiction of Ministry of Finance.
• The bank has been entrusted with "matters concerning policy, planning, and operations in the field of credit for agriculture and other economic activities in rural areas in India".
• NABARD is active in developing & implementing Financial Inclusion.
• NABARD was established on the recommendations of B.Sivaramman Committee

https://economictimes.indiatimes.com/news/economy/agriculture/assam-nabard-projects-rs-36292-crore-credit-potential-for-fy22/articleshow/88160935.cms

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