 NABARD is active in developing Financial Inclusion policy.NABARD was established on the recommendations of B.Sivaramman Committee, (by Act 61, 1981 of Parliament) on 12 July 1982 to implement the "National Bank for Agriculture and Rural Development Act 1981".It replaced the Agricultural Credit Department (ACD) and Rural Planning and Credit Cell (RPCC) of Reserve Bank of India, and Agricultural Refinance and Development Corporation (ARDC).