{"id":36418,"date":"2024-01-12T11:25:00","date_gmt":"2024-01-12T05:55:00","guid":{"rendered":"https:\/\/www.oliveboard.in\/blog\/?p=36418"},"modified":"2024-01-12T11:59:42","modified_gmt":"2024-01-12T06:29:42","slug":"agriculture-finance-ebook-for-nabard-grade-a","status":"publish","type":"post","link":"https:\/\/www.oliveboard.in\/blog\/agriculture-finance-ebook-for-nabard-grade-a\/","title":{"rendered":"Agriculture Finance Ebook for NABARD Grade A, Download PDF"},"content":{"rendered":"
Home<\/a><\/span> \u00bb Regulatory Exams<\/a><\/span> \u00bb Agriculture Finance Ebook for NABARD Grade A<\/strong><\/span><\/span><\/div>\n\n\n

Agriculture and Rural Development is an important part of th<\/span><\/span>e NABARD Grade A Exam. To score good marks on the paper, candidates require extensive knowledge in the field of agricultural finance. In this blog, we are providing you free notes on various topics including the Agriculture Finance Ebook for NABARD Grade A. We will be discussing the classification of Agriculture Finance needs and the various sources of Agri-Finance. These study notes would help you score well in your ARD paper for the NABARD Grade A<\/a> Exam. <\/span><\/p>\n\n\n\n

Agriculture Finance Ebook for NABARD Grade A – Notes<\/h2>\n\n\n\n

Let’s begin with understanding the Classification of Agriculture Finance Needs -:<\/span><\/p>\n\n\n\n

Classification of Agriculture Finance Needs<\/h3>\n\n\n\n

The need for Agricultural Finance can be classified into 2 categories -:<\/span><\/p>\n\n\n\n

1. On the Basis of Time -:<\/strong> Agriculture Finance requirements on the basis of time can be further categorized into 3 types \u2013 Short Term, Medium Term, and Long Term. The details of these 3 types are given below.<\/span><\/p>\n\n\n\n

2. On the Basis of Purpose -:<\/strong> Under this category, the needs of farmers are divided into 3 types as well. They are Productive, Consumptive, and Unproductive. Details of all 3 types are given below.<\/span><\/p>\n\n\n\n

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1. Time Based Agriculture Finance Needs (Loans)<\/h4>\n\n\n\n

\u00bb Short Term -:<\/strong> These loans are taken to meet needs like payment of labor wages, buying of fertilizers, pesticides, seeds, fodder (for livestock), etc. These loans are for a period of up to 15 months<\/strong>. Farmers usually turn to Cooperative societies and money lenders to meet their short-term Agricultural Finance needs.<\/span><\/p>\n\n\n\n

\u00bb Medium-Term -: <\/strong>Purchase of Agricultural Equipment, Cattle, building\/repairing of wells on farmland, etc comes under medium-term needs. The loans taken to meet these demands are usually for a period ranging from 15 months to 5 years. Agencies like commercial banks, cooperative societies, money lenders, etc. provide loans to meet the medium-term needs of agricultural Finance.<\/span><\/p>\n\n\n\n

\u00bb Long Term -: <\/strong>When Farmers want to purchase new land, Agri equipment like tractors, etc. long-term loans are required. These are for a period of more than 5 years. These loans are provided by Commercial Banks, Primary Cooperative Agricultural and Rural Development Banks (PCARDBS), etc.<\/span><\/p>\n\n\n\n

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NABARD Grade A Apply Online<\/a><\/td>NABARD Grade A Eligibility<\/a><\/td>NABARD Grade A Salary<\/a><\/td><\/tr>
NABARD Grade A Previous Year Cut Off<\/a><\/td>NABARD Grade A Syllabus & Exam Pattern<\/a><\/td>NABARD Grade A Exam Date<\/a><\/td><\/tr>
NABARD Grade A Admit Card<\/a><\/td>NABARD Grade A Result<\/a><\/td>NABARD Grade A Selection Process<\/a><\/td><\/tr><\/tbody><\/table><\/figure>\n\n\n\n

2. Purpose Based Agriculture Finance Needs<\/h4>\n\n\n\n

\u00bb Productive -:<\/strong> Needs that have a direct impact on productivity and the loans\/credit taken to meet them come under this category. It would include buying fertilizers, seeds, small agricultural equipment, land improvement, wages, etc. These needs are met by loans from institutional credit agencies.<\/span><\/p>\n\n\n\n

\u00bb Consumptive -:<\/strong> Small farmers sometimes require credit to meet their consumption needs because of the lack of capital wealth with them. These types of needs are met by taking loans from money lenders.<\/span><\/p>\n\n\n\n

\u00bb Unproductive -:<\/strong> Under this type, the financial assistance required for non-productive expenses like marriages and family functions or emergencies, etc are included. These types of needs are also met by taking credit\/loans from Moneylenders.<\/span><\/p>\n\n\n\n

After understanding the Agricultural Finance needs now let\u2019s look at the Sources of Agriculture Finance and their classification<\/span>.<\/p>\n\n\n\n

Sources of Agriculture Finance<\/h3>\n\n\n\n

These can be classified into 2 types -:<\/span><\/p>\n\n\n\n

1. Institutional Sources<\/span>
2. Non-Institutional Sources<\/p>\n\n\n\n

1. Institutional Sources of Agricultural Finance<\/h4>\n\n\n\n

\u00bb Government<\/strong> -: Government Supports Agriculture Finance through Tacavvi Loans (during natural calamities), farm loan waivers, Credit Schemes (Kisan Credit Card scheme), etc.<\/span><\/p>\n\n\n\n

\u00bb Cooperative Credit Societies<\/strong> -: It includes Primary Agricultural Credit Societies (PACs), District Central Cooperative Banks (DCCBs), State Co-operative Banks (SCBs) for Short term credit, and for Long term credit we have Primary Co-operative Agriculture and Rural Development Banks (PCARDBs) and State Co-operative Agriculture and Rural Development Banks (SCARDBs).<\/span><\/p>\n\n\n\n

\u00bb Commercial Banks<\/strong> \u2013 They play a major role under governments’ lead bank scheme in which rural districts have been assigned to various major banks who have to coordinate with the local RRBs and cooperative banks for the Agricultural and rural development of the district.<\/span><\/p>\n\n\n\n

\u00bb Regional Rural Banks (RRBs)<\/strong> -: They work in coordination with commercial banks to meet credit needs for Agriculture.
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\u00bb Microfinancing<\/strong> \u2013 This includes Local Self Help Groups (SHGs), and Non-Governmental Organisations (NGOs) that provide small loans without collateral<\/span>.<\/span><\/span><\/p>\n\n\n\n

2. Non Institutional Sources of Agricultural Finance<\/h4>\n\n\n\n

\u00bb Traditional Money Lenders \u2013 <\/strong>Village Mahajan, Sahukars, Seths, etc.<\/span><\/p>\n\n\n\n

\u00bb Relatives<\/strong><\/span><\/p>\n\n\n\n

\u00bb Landlords<\/strong><\/span><\/p>\n\n\n\n

\u00bb Gold Shopkeepers.<\/strong><\/span><\/p>\n\n\n\n

Agricultural Finance – Role of NABARD<\/h3>\n\n\n\n

NABARD \u2013 National Bank for Agricultural and Rural Development<\/strong> is the apex body in the field of Agricultural Finance in India. N<\/span>ABARD was formed in 1982. It is the Nodal Agency for running government schemes for Agricultural Finance like –<\/span><\/p>\n\n\n\n