Website Link - www.nabfoundation.in
NABFOUNDATION, is a Section 8 not for profit company, promoted and fully owned by National Bank for Agriculture and Rural Development (NABARD) to execute development projects across the length and breadth of the country either on its own or in partnership with other stakeholders. The company has been formed newly in August 2019. The Foundation, over time, is set to evolve into a vibrant platform for executing impactful projects either on its own, or, in partnership with other stakeholders (like civil society organizations, agri-universities, Government departments and CSR outfits of both public and private organizations).
The objectives behind setting up NABFOUNDATION are:
- To complement the efforts of NABARD’s development departments
- Provide the required support to these departments in furthering NABARD’s agenda
- Network, coordinate and collaborate with other organizations to execute CSR projects in a collaborative and convergence mode
The scope of activities of NABFOUNDATION
The main objectives to be pursued by the company are:
To initiate, plan, execute, implement, aid and assist any/all activities listed under Schedule VII, Section 135 of Companies Act, 2013, with special focus on:
- Rural income and livelihood generation
- Sustainable agriculture and rural development
- Natural Resource Management; Adaptation and Mitigation for combating climate change
- Skill, marketing support and capacity development in both farm and off farm sectors
- Rural innovations; Gender sensitization; Financial inclusion
- Health, education, sanitation and housing; Drinking Water Facility; Rural infrastructure projects
In addition to the above, it can take up activities in all such areas where NABARD or its subsidiaries are a stake holder/s.
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Contact Details:
Shri Sanjeev D Rohilla
CEO, NABFOUNDATION
2nd floor, 'B' wing
C-24, ‘G’ Block
Bandra-Kurla Complex, Bandra (East),
Mumbai -400051
Email – nabfoundation@nabard.org
Contact Number: 9321532048