Full formGovernment & Exams
RGDstands forRural Godown Development
Full Form of RGD
What is RGD?
Rural Godown Development (RGD) is a government scheme in India aimed at providing financial assistance to farmers, cooperatives, and entrepreneurs for constructing godowns or storage facilities in rural areas. Launched under the Rural Infrastructure Development Fund (RIDF) managed by NABARD, the scheme addresses post-harvest losses by enabling scientific storage of agricultural produce. It allows beneficiaries to store crops safely, access better market prices, and avail pledge loans against stored commodities. The scheme is especially relevant for small and marginal farmers who lack proper storage infrastructure. RGD is widely used across Indian states to strengthen the agricultural supply chain and promote food security. It is often mentioned in competitive exams like RBI Grade B, NABARD, and UPSC in questions related to rural infrastructure and government schemes. The scheme covers a significant portion of the project cost as a grant or loan, with subsidies varying by region and farmer category.
RGD का फुल फॉर्म
ग्रामीण गोदाम विकास
Example
Under the RGD scheme, the farmer cooperative society received a grant to build a 500-tonne godown in the village.
RGD — frequently asked questions
What is the full form of RGD?
The full form of RGD is Rural Godown Development, a government scheme that provides financial support for constructing storage facilities in rural India.
Who manages the RGD scheme in India?
The RGD scheme is managed by NABARD under its Rural Infrastructure Development Fund (RIDF), with funding from the Government of India.
How does the RGD scheme benefit Indian farmers?
The scheme helps farmers reduce post-harvest losses by providing safe storage, enables better price negotiation through grading and warehousing, and allows them to use stored produce as collateral for loans.