NABARD is set up as an apex Development Bank with a mandate for facilitating credit flow for promotion and development of agriculture, small-scale industries, cottage and village industries, handicrafts and other rural crafts.
Objective of the award:
To recognize and reward innovations which have created a paradigm shift in the standard or quality of life in the rural India
Award categories:
- Participants should refer to the definitions as indicated below and accordingly apply in the appropriate award category.
- For the categories 1 to 5, the Innovation needs to be within the following six broad segments:
- Energy
- Training & skills up gradation
- Financial services
- Agriculture & Allied activities
- Technology
- Others
Sr. | Category of Participant | Definition | No. Of winners |
1. | Individual | Any individual or person who has innovated products and/services for the benefit of rural areas | 2 |
2 | NGO/Trust | NGO/Trust is a non-governmental organization (NGO) legally constituted under MACS/Societies Act/Trust | 2 |
3 | Academic/ research institution | Academic institution is an educational institution dedicated to the spread of education. Research institutions specialized in basic or applied research. | 2 |
4. | Private sector | Private sector includes those companies that are owned by private individuals or groups. | 2 |
5. | Public sector/cooperative sector/government | Public sector/cooperative sector/ government institutions or business units managed and controlled by the central, state, or local government. | 2 |
Eligibility criteria for participation in the awards:
- The Participant must be Indian citizens / individuals or Indian registered companiesor foreign companies with a registered presence in India. Individual Participant must be above18 years of age as on March 31, 2012. Failure to observe this will deem any winning entry invalid.
- The Innovation can be a product / service / project / process / procedure / methodology developed for the rural sector by the Participant
- The innovation must be already implemented and should not be in a planning or conceptualizing stage. The innovation should be implemented between January 1, 2009 to December 31, 2011
- The Innovation nominated / applied must be developed within the participating organization or by an Individual and implemented in the Indian operations of the Participant in Rural India as defined above.
- The final eligibility of the entry received will be subject to the discretion and approval of the Jury
Important date:
Filled in application form along with the supporting (photographs / certificates / video clippings, etc.) should be sent to the address mentioned below before May 15, 2012 by 5:00 pm.
Application can either be downloaded from the website or visit the nearest NABARD Regional office or district office to get a hard copy of application.
Contact details:
“Application for NABARD Awards for Rural Innovations”
CGM, DPD-NFS,
NABARD,
Plot No.C-24,
G –Block,
Bandra Kurla Complex,
Post Box No. 8121
Bandra (E),
Mumbai - 400051
Phone: 022 -26524207
Website: www.nabard.org
Download the below attachment for the application form and more details on the award
/opportunities/nabard-invites-applications-award-rural-innovations-mumbai-apply-may-15-2012