To review the facility of credit for agriculture in India, a committee named CRAFICARD was formed in March 1979. CRAFICARD was also formed to review the state of rural development in the country. According to the suggestions of CRAFICARD, NABARD was established in July 1982. NABARD (National Bank for Agriculture and Rural Development) aims at enhancing rural prosperity in India. The government of India often partners with NABARD to launch several schemes for the agriculture sector in the country.
Every year, NABARD opens job roles for Grade A and Grade B officers. NABARD offers handsome salaries to GRADE A and GRADE B officers along with several employee benefits. If you are preparing for NABARD, you should know the entire recruitment process including NABARD Officers salary structure, career opportunities, and job responsibilities.
NABARD Grade A Officer
NABARD Grade A officers are named assistant managers. The recruitment for assistant managers begins with a Prelims exam. Candidates that clear the Prelims exam have to undergo the Mains exam. The final shortlisted NABARD officers will have to then go through the interview. If you are selected, you will be on probation for 24 months before being appointed as a Grade A officer. The probation period can be increased by NABARD for one more year if needed.
Career growth for NABARD Grade A officer
A Grade A officer in NABARD is promoted to higher ranks based on their years of experience. Good word of mouth from seniors and high productivity can also get you a promotion in NABARD. You will begin as an assistant manager and become a director in NABARD till your retirement. The hierarchy of job roles in NABARD is (starting from the assistant manager):
- Assistant Manager
- Manager
- Assistant General Manager
- Deputy General Manager
- General Manager
- Chief General Manager
- Executive Director
- Director
Salary structure for NABARD Grade A officers
The basic pay (grade pay) for assistant managers in NABARD is INR 28,150 for a month. The pay scale of Grade A officers in NABARD can range from 28150-1550(4) to 53600-2000(1). Initially, the maximum emoluments for assistant managers in NABARD are around INR 70,000. Assistant managers in NABARD also receive some benefits that are as follows:
- House rent allowance
- Local compensatory allowance
- Dearness allowance
- Grade allowance
Work-life balance of NABARD Grade A officers
The work-life balance of Grade A officers under NABARD recruitment is satisfactory considering it is a government job. Unlike the private sector, a NABARD officer will work for only eight hours a day. NABARD offers holidays on weekends and festive occasions. Plenty of leaves are offered by NABARD which, makes sure the employees have ample time to spend with family.
NABARD Grade B officer
NABARD Grade B officers, also known as managers, are an integral part of the organisation. The examination process for Grade B officers is similar to that of Grade A officers. You will have to go through Prelims, Mains, and an interview to become a manager in NABARD.
Career growth for NABARD Grade B officer
The job hierarchy of Grade B officers is greater than that of Grade A officers. Grade A officers go on to become Grade B officers in NABARD. The further career path is the same and one can go up to the Director post.
Salary structure for NABARD Grade B officers
The basic pay (grade pay) for Grade B officers in NBARD is INR 35,150. The pay scale for Grade B NABARD officers can range from 35150-1750(9) to 54400-2000(4). The max monthly emoluments can reach INR 78,000/month. Extra benefits provide to Grade B officers are the same as Grade A officers.
Work-life balance of NABARD Grade B officers
Similar to Grade A officers, managers in NABARD have to work from 9 to 5 daily. Holidays on weekends and festive occasions are provided by NABARD. Overall, the work-life balance of Grade B officers is excellent.
Conclusion
Young aspirants can know more about NABARD recruitment papers with BYJU’S Exam Prep. It offers mock tests, exam tips, exam notices, syllabus, and many more.
Stay Connect with Our Education blog, keep connecting with us, if you want to write for us about education.