Saturday, March 22, 2008

NABARD sanctions 138 cr for projects

Newindpress, 22nd March, 2008

Saturday March 22 2008 13:20 IST
ENS
BHUBANESWAR: The National Bank for Agriculture and Rural Development (NABARD) has sanctioned Rs 138.27 crore for Orissa under tranche XIII for construction of 21 minor, one medium irrigation and one flood projects, 12 roads and an equal number of bridges. These projects will have to be completed by 2010. The decision of fund sanction was taken at a meeting of the bank authorities at New Delhi on March 17. Taking into account release of funds earlier, the total funds available under the trache amounted to Rs 508.95 crore.The newly sanctioned rural roads (175 km) and bridges (843 metres) will benefit 771 villages connecting 97 marketing centres, 24 tourist spots and 34 pilgrimage centres. These projects will be implemented in 19 districts across the State including the three KBK districts of Kalahandi, Koraput and Nuapada.Projects sanctioned under irrigation will bring an additional ayacut of 11,314 hectares. These projects are expected to generate non-recurring employment of around 105 lakh mandays. Since the RIDF was launched in 1995-96, NABARD has sanctioned Rs 3,112 crore to the State Government for irrigation, rural connectivity, animal husbandry infrastructure development and drinking water supply system.

1 comment:

Unknown said...

i am planing to start comercial goat farmer but the NABARD scame are not implimented because there is no one is aware of it, how to get loan from national bank for agriculture and rural development and how to apply will you please mail me on my id aasraoldagehome@gmail.com