NABARD has facilitated geographical indication registration of 28.
Overall, it supported to 176 products in securing GI registration.
National Bank for Agriculture and Rural Development was established in 1982 and headquartered in Mumbai.
It was based on the recommendation of Sivaraman committee in 1979.
It is India’s apex development finance institution.
It is fully owned by the Government of India.
It is responsible for regulating, financing, and promoting sustainable agriculture and rural development.
It is an apex Supervisory Body for overall supervision of Regional Rural Banks, State Cooperative Banks and District Central Cooperative Banks in India.
It functions under the Department of Financial Services (DFS) under the Ministry of Finance.
It serves as an apex financing agency for the institutions providing investment and production credit for promoting the various developmental activities in rural areas.
It also refinances fund from World Bank and Asian Development Bank to state co-operative agriculture and rural development banks (SCARDBs), state co-operative banks (SCBs), regional rural banks (RRBs), commercial banks (CBs) and other financial institutions approved by RBI.