Madurai Agri Business Incubation Forum (MABIF) the first Agri Business Incubation Centre (ABIC) fully funded by NABARD had completed the construction of its own office building creating modern infra facilities for Startups getting incubated there.
FROM CHAIRMAN
Over the last three decades, NABARD has designed several refinance and promotional schemes for development of Rural Off-Farm Sector and has been making constant efforts to broad base and refine them in response to field level needs. The focus of Off farm Development Department of NABARD is to evolve products, channels and policies for off farm sector to generate livelihood and employment opportunities for the rural population by ensuring market linkages for small, cottage and village industries, handloom, handicrafts and other crafts in the rural areas.

Dr. G. R. Chintala
Chairman, NABARD
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Functions of OFDD
OFDD sector assumes significance in the context of the ever pressing need for reducing rural India’s over dependence on agriculture for income by encouraging alternate livelihood options. Development of this sector also helps in arresting large-scale migration of small and marginal farmers and agricultural labourers to urban areas in search of livelihood opportunities on account of unemployment/ disguised employment in the agriculture sector.
