NABSanrakshan Trustee Company Private Limited is a wholly owned subsidiary of NABARD with an authorised capital of Rs. 100 crore. NABSanrakshan aims to carry out credit guarantee and related activities towards sustainable and equitable agriculture and rural development. Agriculture and allied industry being a priority for the economy in creating new avenues for development, NABSanrakshan will provide the necessary fillip to the growth of the sector, through access to finance.
Vision: “Building Trust for Rural Prosperity”
Mission: “Be the Premier Institution for financial and technological services to bolster lender’s confidence for ushering sustained agriculture and rural development.”
NABSanrakshan will act as a Trustee Company to manage various credit guarantee funds. This will enable several credit guarantee schemes to be implemented independently under each Trust with arm’s length distance from each other as separate entities.
The objectives of NABSanrakshan are:
- To carry out trusteeship functions in general and in particular operate the credit guarantee funds for agriculture, allied activities, industry, service and business including MSMEs and other Priority Sector activities.
- To act as a common Trustee Company for multiple credit guarantee funds.
- To manage State government / quasi government and other government funds related to agriculture and agri-allied activities through ‘technology platform sharing’.
The credit guarantee mechanism will minimise the risks in respect of loans provided by Eligible Lending Institution and favours the provision of financing to viable businesses that are credit constrained. It will also promote the flow of finance to the desired sectors by acknowledging their limited ability to provide acceptable collaterals, by circumventing interest rate controls, and by mitigating other such risks.
Under the Atmanirbhar Bharat Abhiyan, Ministry of Fisheries, Animal Husbandry and Dairying established Animal Husbandry Infrastructure Development Fund for incentivising investments. Credit Guarantee Fund Trust for Animal Husbandry and Dairying of Rs.750 cr. (Rupees Seven Hundred and Fifty Crore) has been established with GoI as the Settlor. NABSanrakshan Trustee Private Limited is the Trustee of this Trust. The Trust has been established to provide Credit Guarantee services. A Credit Guarantee Scheme for Animal Husbandry and Dairying has been launched for the purpose.
Credit Guarantee Scheme for Animal Husbandry and Dairying (CGSAHD) under Animal Husbandry Infrastructure Development Fund
Credit Guarantee Portal Link:
The Central Sector Scheme for Formation and Promotion of Farmers Producer Organisations (FPOs) announced by GoI also facilitates Credit Guarantee for the loan given to FPOs. A Credit Guarantee Fund Trust for Farmers Producer Organisations has been setup with GoI as the Settlor to operationalise this Credit Guarantee facility. The corpus of the Trust is Rs. 1000 crore (Rupees one thousand crore) equally contributed by GoI and NABARD. A scheme, Credit Guarantee Scheme for FPO Financing has been approved by GoI and is being implemented though the Trust by NABSanrakshan Trustee Private Limited.
Credit Guarantee Scheme for Farmers Producer Organisations Financing
Brochure On NABSanrakshan
Contact:
Shri Pankaj Kumar
Chief Executive Officer
C-24, ‘G’ Block Bandra-Kurla Complex,
Bandra(East),Mumbai-400051
Mumbai.
Maharashtra.
ContactNo.:022-26539241/9243
Email Id : ho@nabsanrakshan.org