About Us

Business Initiatives Department


In the year 2010, as part of a repositioning exercise, NABARD initiated steps for finding new business avenues for the bank in the wake of changing economic environment. As a consequence, a new department named, Business Initiatives Department (BID) was formed to provide direct credit support under new business initiatives to various clients, which extended assistance for rural development.
Accordingly, the major products being dealt by BID at present are:

A. NABARD Infrastructure Development Assistance (NIDA)

NIDA is a line of credit for funding rural infrastructure projects under the following three channels:

  • Funding rural infrastructure projects directly to State Government and State-owned Institutions.
  • Funding PPP infrastructure projects in rural areas, developed directly or through Special Purpose Vehicles promoted by State-owned Institutions, Co-operatives, Producer Organizations, Corporates etc.
  • Funding non-PPP, rural infrastructure projects developed by Registered entities like Companies and Co-operatives.


Since inception in 2010-11 till 31 October 2021, cumulative loans sanctioned under NIDA stand at ₹ 60359.67 crore with a cumulative disbursement of ₹ 26844.31 crore.

Progress during the last 5 years and the current year has been impressive as indicated below:

(₹ in crore)

Year Sanctioned Disbursed
2016-17 4362.67 2456.21
2017-18 7464.81 2920.58
2018-19 7362.76 2500.05
2019-20 4382.30 3727.09
2020-21 22767.75 7506.08
2021-22 (up to 31 October 2021) 2635.34 4044.19

Since launching the product, NABARD has sanctioned 114 projects under NIDA covering following sectors

  • Power transmission
  • Renewable energy (wind and solar power generation)
  • Restoration of power distribution
  • Roads and bridges
  • Warehousing
  • Development of Market Yard
  • Irrigation
  • Drinking water
  • Sanitation

B. Direct Refinance Assistance (DRA) to Co-operative Banks

Implementation of the revival package recommended by Vaidyanathan Committee has enabled District Central Co-operative Banks (DCCBs) to raise financial resources from any financial institutions regulated/approved by RBI.

In response, NABARD has designed a short-term multipurpose credit product for financing directly to DCCBs and StCBs for expanding their lending business under specified activities.


Since 2010-11 till 31 October 2021, cumulative sanction under DRA to Co-operative Banks stands at ₹ 69683.94 crore with cumulative disbursement of ₹ 56214.35 crore. The year wise progress during the last 5 years and the current year is given below:

(₹ in crore)

Year Sanctioned Disbursed
2016-17 5538.74 4739.73
2017-18 6447.01 4849.26
2018-19 7799.20 6498.50
2019-20 8932.00 9199.88
2020-21 11890.00 7373.49
2021-22 (up t0 31 October 2021) 5974.00 6389.64

The important activities funded by DCCBs covered under direct lending include:

  • Crop loans above Rs. 3.00 lakh (above interest subvention limit)
  • Working capital loans for non-farm sector activities
  • Procurement operations through Primary Agricultural Credit Societies (PACS)
  • Financing against pledge of sugar stock

C. Credit Facility for Federations (CFF)

CFF was launched with the objective of providing short-term loans to State Marketing /Co-operative federations and Corporations involved in procurement and marketing of Agricultural commodities and supply of agricultural inputs like fertilizers, pesticides etc.

Generally, CFF is extended for working capital loans towards procurement of agricultural and allied commodities, supply of agricultural inputs, supply chain management, value addition etc.


As on 31 October 2021, cumulative sanction under CFF stands at ₹ 158365.15 crore and cumulative disbursement stands at ₹ 201270.95 crore.

The year-wise progress during last 5 years and the current year is given below:

(₹ in crore)

Year Sanctioned Disbursed
2016-17 12160.00 15755.00
2017-18 15254.00 25436.43
2018-19 24435.32 29679.82
2019-20 25071.00 37206.56
2020-21 40160.00 47852.62
2021-22 (up to 31 October 2021) 22635.80 27921.85

D. Dairy Processing & Infrastructure Development Fund (DIDF)

As announced in the Union Budget 2017-18, Government of India instituted a Dairy Processing and Infrastructure Development Fund (DIDF) with a total corpus of ₹ 8004.00 crore for a period of 5 years (2018-19 to 2022-23) in NABARD. The objectives of the scheme are modernization and creation of additional infrastructure for milk processing, value addition by producing more dairy products and to help the producer owned and controlled institutions to consolidate their market position in the organized liquid milk market and to ensure optimum price realization to the primary producers.


The fund became operational during 2018-19 and till 31 October 2021, 45 projects have been sanctioned with cumulative loan amount of ₹ 3781.46 crore and disbursement is ₹ 1304.64 crore.

(₹ in crore)

Year Sanctioned Disbursed
2018-19 1440.40 440.00
2019-20* 541.15 670.00
2020-21* 1435.90 120.70
2021-22 (up to 31 October 2021)* 364.01 73.94

* Earlier sanctions revised.

E. Fisheries & Aquaculture Infrastructure Development Fund (FIDF)

In the Union Budget 2018-19, Government of India had announced the creation of Fisheries and Aquaculture Infrastructure Development Fund (FIDF) with a total corpus of Rs. 7522.48 crore for a period of 5 years (FY 2018-19 to FY 2022-23). FIDF envisages establishment of Fishing Harbours, Fish Landing Centres, Integrated Cold Chain, Modern fish markets, Fish processing units and other infrastructure facilities.

NABARD shall fund the State Governments for creation of public infrastructure components of FIDF. Government of India has circulated the guidelines during 2018-19.


As on 31 October 2021, NABARD has sanctioned term loan of Rs. 705.78 crore to Tamil Nadu State Govt. for 15 fishery infrastructure proposals and Goa State Govt. for 1 fishery infrastructure proposal and disbursed an amount of Rs. 229.43 crore.

F. Rural Infrastructure Assistance to State Governments (RIAS)

NABARD has launched a new product Rural Infrastructure Assistance to State Governments (RIAS) with an initial corpus of ₹ 15000 crore, with an aim to provide financial assistance to State Governments in Eastern Region, for creating infrastructure that supports rural livelihoods, hinging on 5-J approach – Jan (human being), Jal (Water), Jameen (land), Janwar (livestock) & Jungle (forest). In other words, RIAS would fund all activities that promote “Atmanirbharata” (Self-Reliance) and “circular economy” which eliminates wastes and promotes continual use of precious resources. Considering the good response received from the State Governments, sanction target of ₹ 5000 crore and disbursement target of ₹ 2000 crore, has been considered for FY 2021-22.

Contact Information:

Shri H R Srivatsa
Chief General Manager
2nd floor, 'A' Wing
C-24, 'G' Block
Bandra-Kurla Complex, Bandra (East)
Mumbai 400 051
Tel : (91) 022 26530022
Fax : (91) 022 26530067
E-mail: bid@nabard.org

Information under RTI – Section 4(1)(b)