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Nabard sets up chair at IIM-A

Nabard and IIM-Ahmedabad have joined hands to set up a Nabard chair at the IIM. The two entities have entered into a MoU for the purpose. H.R. Dave, DMD, Nabard, and Prof Ashish Nanda, director, IIM-A, signed the related documents. Nabard said in a press releasse that the objective of the chair unit is to encourage research in emerging areas such as climate change, rural livelihood, financial inclusion, value chain management, agriculture marketing and financial product development. Nabard felt the partnership with IIM-A is yet another attempt of the development bank to enhance the efficiency of supply chains and address the issues of fragmented value chains existing in the country at present. Integrating small and marginal farmers under efficient supply chains and exploring the role of private sector in this regard will also be examined by the Nabard chair professor, the release highlighted. The chair unit is also expected to offer inputs on issues confronting agriculture marketing and suggest innovative models to make farming a more profitable proposition for country’s farmers. It is also expected to focus on credit-related issues of farmers and inclusion thereof in the institutional credit fold.

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