राष्ट्रीय बैंक स्टाफ महाविद्यालय

National Bank Staff College

Shaping Minds to Excel

Student Summer Internship

NABARD Student Internship Scheme

NABARD provides an opportunity to students who have completed their first year of post-graduate studies in courses of Agriculture, Agri-business, Economics, Social Studies and Management to undertake short term task/ projects/ studies of 8-12 weeks duration that are useful and relevant to NABARD while at the same time benefit student from expert monitoring and an opportunity to work for the nation’s apex rural development bank.

SIS 2017-2018 :Ms.Sweta Shukla, student pursuing MBA in Rural Management in BabasahebBhimraoAmbedkar University, Lucknow, conducted an Impact Assessment of Financial Literacy Programmes in Raebareli district. covering 120 rural inhabitants of 22 villages in 8 blocks.

The Study was undertaken under the guidance of mentor – Shri. Sanjay K. Talukdar, DGM/FM at NBSC, Lucknow.

The major findings of the study are :

  • Large section of the people in rural areas of Raebareliis still not financially literate or they are partially literate.
  • People of low income are not showing their interest in participating in financial literacy camps conducted by banks and other financial institutions because they don’t see much hope to be included in financial services
  • People are still unaware of various government schemes and financial services provided by government
  • They think that ATM and Digital transactions are unsafe for money transaction.
  • Most of the people surveyed were the participants of financial literacy camps of last two years and they told that financial literacy programs mainly focused on some key financial services like:- KYC guidelines / AADHAR linkage program/Mobile number linkage, PMSBY, PMJJBY, APY, KCC Loan, Crop insurance, Digital payments.
  • People doing non-farm activities are more aware about different financial services mostly remittances and payments procedures
  • Extremely poor people having income less than 30,000 pa. are not aware of documentation required for opening and operating bank account. They operate their account with the help of bank officials.
  • Extremely poor people having income less than 30,000 pa. are not aware of insurance but have enrolled for PMSBY because it is only of 12 Rs./year scheme which is adjustable by them as they told.

The major recommendations of the Studyare :

  • As road to total financial inclusion as propounded by Govt. of India, RBI, NABARD is still very long, it requires sustained effort from all stakeholders and agencies involved in financial inclusion and literacy initiatives for achieving the goal
  • While literacy programmes have really helped the people in improvement in awareness level to a reasonable level as per the feedback from the people, much remains to be done in helping rural people to take an informed decision for securing the financial future of self and dependents.
  • Financial literacy efforts are to be intensified so as to achieve its fullest objective.
  • Financial Literacy is not a one day affair.
  • Sustained and focused efforts from the supply side stakeholders is essential.

For complete study report, contact NBSC, Lucknow by email at nbsc@nabard.org SIS 2018-19 :

Ms.RajniKumari, student pursuing Msc (Agri) in Benares Hindu University, Varanasi, conducted a study on the topic ‘Climate Change – Farmers perception and Responses in Bundelkhand Region of Uttar pradesh’, covering 50 farmers of two villages in two blocks of Jhansi District.

The major findings of the study are :

  • Farmers perceive climate change in terms of onset and withdrawal of monsoon, change in distribution of rainfall, rising temperatures, etc.
  • The perceptions of farmers corroborate with the IMD data
  • Variations were observed in the two villages in the manifestation of climate change
  • General perception is that the claimate change is due to human activities.
  • Large section of the people in rural areas of RaeBareli are still not financially literate or they are partially literate.

The major recommendations of the Study are :

  • Development of early warning systems
  • Enhancing preparedness for drought monitoring, drought mitigation
  • Capacity building of farmers, policy makers, NGos, media, etc
  • All development programmes need to have climate change orientation

For complete study report, contact NBSC, Lucknow by email at nbsc@nabard.org