GI Registration by NABARD

Why in News?

Recently, NABARD has facilitated geographical indication registration of 28 new products such as traditional handicrafts, handloom textiles and bamboo crafts across the country.

• NABARD – National Bank for Agriculture and Rural Development, established in 1982 and headquartered in Mumbai.
• India’s apex development finance institution, fully owned by the Government of India, responsible for regulating, financing, and promoting sustainable agriculture and rural development
• GI Registration – A powerful instrument to protect traditional knowledge, promote local entrepreneurship and creates value for rural producers.

NABARD’s contribution

• NABARD has supported 176 products in securing GI registration.
• Strengthens GI value chains through producer collectivisation, skill development, enterprise promotion, branding and market linkages and export facilitation.

NABARD’s Initiatives

• GI Facilitation Centres – NABARD has supported end‑to‑end support for GI registration and post‑registration activities.
  • Entrepreneurship Development Institute of India (EDII) – Ahmedabad (Gujarat)
  • Bihar Agricultural University – Bihar.
  • Madurai Agri Business Incubation Forum (MABIF) – Madurai, Tamil Nadu.
• Support for artisans and producers – Helps artisans and producer groups protect, promote, and commercialise their unique products.
• GI store initiative – NABARD set up a GI store at Aihole, Karnataka, a dedicated platform to showcase and market GI‑certified products.

Significant GI inclusions

Reference

The Hindu Businessline | GI-NABARD