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NABARD was set up on ______

  • NABARD was set up in 1982.
  • The National Bank for Agriculture and Rural Development (NABARD) was actually set up on July 12, 1982.
  • It was established on the recommendations of the Shivaraman Committee, with the aim of providing credit and other facilities for the promotion and development of agriculture, small-scale industries, cottage and village industries, handicrafts, and other rural crafts.
  • NABARD is headquartered in Mumbai, India, and operates in various states and union territories of the country.
  • It plays a key role in agricultural and rural development in India by providing financial and technical assistance to farmers, rural development agencies, and other organizations.