The share of the Government of India (GOI) in NABARD has increased to _______ in April 2019.

Correct option is C

The Correct answer is (c) 100%.
· In April 2019, the Government of India (GOI) increased its stake in the National Bank for Agriculture and Rural Development (NABARD) to 100%. This move was part of a strategic effort to strengthen NABARD's role in promoting agriculture and rural development. By holding 100% ownership, the government ensures better governance, decision-making, and implementation of rural development schemes and policies.
Key Points:
1. NABARD's Role: NABARD is a crucial financial institution for promoting agriculture and rural development in India.
2. Full Ownership: The GOI’s full ownership allows for better alignment of NABARD's activities with national priorities.
3. Capital Infusion: Increased government ownership often leads to higher capital infusion, enabling NABARD to provide more funds for rural infrastructure and development.
Information Booster:
· NABARD was established on 12th July 1982 based on the recommendations of the B. Sivaraman Committee.
· It is responsible for regulating and supervising cooperative banks and regional rural banks in India.
· NABARD also focuses on the development of rural infrastructure through various schemes and funds like RIDF (Rural Infrastructure Development Fund).