Financing for Apiculture (Bee Keeping) as Green Banking Product

Apiculture/Beekeeping is a green banking product as Bees play a very important role in maintaining biodiversity, ecosystem and the natural networking balance for the survival of life. Bees play a vital role as pollinators and help in maintaining current agricultural production levels. The decrease in quantity of honeybees results in food insecurity “No Honey Bees, No Food, No Future”. So there is dire need for financing and promoting Apiculture/bee keeping activities to maintain the ecological balance of the planet as well as in order to protect food security.

   Benefits of Apiculture/Beekeeping:

1. Beekeeping promotes pollination.
2. Beekeeping provides food for predators.
3. Provides bee wax which is used in many industries, including the cosmetics industry, polishing industry and pharmaceutical industry, etc.
4. Beekeeping helps to maintain nature.
5. Bees are responsible for the production of many seeds, nuts, berries, and fruits which serve as a vital food source for wild animals.

Keeping in view the above, the Bank has introduced the subject titled scheme as Green Banking Product.

 Terms & Conditions: