What does RDIF mean in DEVELOPMENT

Rural Development Initiative Fund (RDIF) is an investment platform focused on creating opportunities for economic and social development of rural India. It seeks to create affordable solutions for farmers, local entrepreneurs and other stakeholders engaged in agri-business. In doing so, it aims to address the persistent rural poverty problem.

RDIF has several advantages that benefit rural communities. The fund helps to increase access to capital, create employment opportunities, alleviate poverty and support sustainability initiatives in the agricultural sector. Furthermore, RDIF encourages the growth of small businesses by providing targeted financial assistance and business mentorship services.

Investors interested in participating in RDIF can sign up with a broker or other approved intermediary through whom they will be able to purchase shares of the fund. Alternatively, you may choose to buy units directly from the fund itself. Additionally, you can also make contributions via crowdfunding platforms or government schemes such as Pradhan Mantri Jan Dhan Yojana (PMJDY).

The fund invests in both equity and debt instruments across different sectors including agriculture, agro-processing, energy & logistics services and dairy products among others depending on their potential for development impact. Additionally, it also encourages investments in technology-based start-ups which can help catalyze innovation towards achieving its mission goals.

Absolutely! The fund takes precautionary measures while selecting projects to invest into by engaging professional third parties who conduct extensive due diligence on them before any investment is made. Furthermore, all transactions are subjected to RBI regulations which ensures that they meet certain legal standards for your money’s security.

Generally speaking more than half of your investment should be recovered within one year along with reasonable returns on top of principal paid back at regular intervals until all disposal activities have been completed successfully where returns tend to vary depending on the project’s size and nature.

A highly experienced team comprising individuals with backgrounds ranging from finance & banking industry experts to specialised professionals from related fields such as agribusiness management manage BBB's operations under corporate governance framework laid down by NABARD (the National Bank for Agriculture & Rural Development).