Economics · Economy
With which primary objective did NABARD establish the Rural Infrastructure Development Fund (RIDF)?
Verified Solution4 OptionsUpdated: October 2026👁️1 View
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- 1To provide short-term crop loans directly to individual small farmers
- 2To extend low-cost funds to State Governments and State-owned corporations for completing rural infrastructure projects like irrigation✓
- 3To commercialize high-yielding seed varieties for small landholders
- 4To directly manage retail microfinance institutions in urban areas
Correct answer
To extend low-cost funds to State Governments and State-owned corporations for completing rural infrastructure projects like irrigation
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