green supply chain management operations

green supply chain management

1. Rural finance Manikandan

2. RURAL FINANCE   Rural finance comprises credit, savings and insurance (or insurance substitutes) in rural areas, whether provided through formal or informal mechanisms . The word 'credit' tends to be associated with enterprise development, whereas rural finance also includes savings and insurance mechanisms used by the poor to protect and stabilize their families and livelihoods (not just their businesses).  An understanding of rural finance helps explain the livelihood strategies and priorities of the rural poor. Rural finance is important to the poor.

3. Elements of rural finance   Financial Sector • Agricultural finance - Dedicated to financial agricultural related activities such as input supply, production, distribution, wholesale, processing and marketing . • Micro Finance – financial services for poor and low income people by offering smaller loans and savings services Financial Sector Rural Finance Agricultural Finance Micro Finance.

4. Categorization Depending upon the requirement and purpose, the funds needed by the Indian farmers can be categorized into three types  Short term loans - 12 to 15 months  Medium term loan – 3 to 5 years Long term loans – 15 to 20 years

5. Source of rural finance The two credit sources available to the farmers are institutional and Non-institutional Institutional sources consist of the co-operatives and commercial banks including Regional Rural Banks (RRBS).  Non-Institutional or private sources include money lenders, traders, commission agents and landlords.

6. Non-institutional sources Non-Professional –rich farmers and landlords – as a side business Professional – money lenders who indulge in as their full time professions.  For recovery of loans force farmers to sell. 15% of rural credit provided.

7. Institutional sources   Cooperative credit Regional rural banks Commercial Banks State Bank & Agricultural credit NABARD Service Area Approach Local Area Banks Agricultural and Rural Debt Relief Scheme 1990 Kissan Credit Card scheme.

8. nabard National Bank for Agricultural and rural development. Established 12 July 1982.  Initial capital of 100 crore. Enhanced to Rs 2000 crore by Government of India & Reserve Bank of India. Took Over Functions of ACD (Agricultural Credit Dept.) Rural Planning & Credit Cell (RPCC), Agriculture Refinance and Development Corporation (ARDC). .

9. Nabard mission

10.   The National Bank will be an apex organization in respect of all matters relating to policy, planning operational aspects in the field of credit for promotion of Agriculture, Small Scale Industries , Cottage and Village Industries , Handicrafts and other rural crafts and other allied economic activities in rural areas. The Bank will serve as a refinancing institution for institutional credit such as long-term, short-term for the promotion of activities in the rural areas.   The Bank will also provide direct lending to any institution as may approved by the Central Government.

11. objectives

12. Functions of nabard

13. FINANCIAL Framing policy and guidelines for rural financial institutions. Providing credit facilities to issuing organizations.     Preparation of potential-linked credit plans annually for all districts for identification of credit potential.     Monitoring the flow of ground level rural credit.    

14. Development and promotional It Help cooperative banks and Regional Rural Banks to prepare development actions plans for themselves. Enter into MoU with state governments and cooperative banks specifying their respective obligations to improve the affairs of the banks in a stipulated timeframe. It Help Regional Rural Banks and the sponsor banks to enter into MoUs specifying their respective obligations to improve the affairs of the Regional Rural Banks in a stipulated timeframe. Monitor implementation of development action plans of banks and fulfillment of obligations under MoUs . Provide financial assistance to cooperatives and Regional Rural Banks for establishment of technical, monitoring and evaluations cells.

15. Provide Organization Development Intervention (ODI) through reputed training institutes like Bankers Institute of Rural Development (BIRD), Lucknow, National Bank Staff College, Lucknow and College of Agriculture Banking, Pune, etc. Provide financial support for the training institutes of cooperative banks . Provide training for senior and middle level executives of commercial banks, Regional Rural Banks and cooperative banks. Create awareness among the borrowers on ethics of repayment through Vikas Volunteer and Farmer’s clubs . Provide financial assistance to cooperative banks for building improved management information system, computerization of operations and development of human resources.

16. supervision Undertakes inspection of Regional Rural Banks (RRBs) and Cooperative Banks (other than urban/primary cooperative banks) under the provisions of Banking Regulation Act, 1949. Inspection of State Cooperative Agriculture and Rural Development Banks (SCARDBs) and apex non-credit cooperative societies on a voluntary basis . Undertakes portfolio inspections, systems study, besides off-site surveillance of Cooperative Banks and Regional Rural Banks (RRBs) . Provides recommendations to Reserve Bank of India on opening of new branches by State Cooperative Banks and Regional Rural Banks (RRBs) . Administering the Credit Monitoring Arrangements in SCBs and CCBs .

17. schemes Refinance schemes Currently they are classified as follows: A. Automatic Refinance Schemes Enterprise Loan Scheme (ELS)     Small Road and Water Transport Operators (SRWTO) Scheme     Soft Loan Assistance for Margin Money Scheme     Rural Housing Scheme B . Schemes under pre-sanction procedure  

18. Purpose for extending refinance

19. Other promotional schemes Training cum production Centers Research & development program Entrepreneurial Development program Project preparation/formulations Exchange of collaboration and expertise

20. THANK YOU