Rs 372.51 crore sanctioned by NABARD to Odisha
The NABARD has sanctioned Rs 372.51 crore loan assistance under the Rural Infrastructure Development Fund (RIDF) to Odisha towards irrigation and rural bridge projects for the last quarter of this fiscal.
A total number of 17,322 lift irrigation projects including bore wells, shallow tube wells, digging wells, micro river lifts shall be taken up with Rs 130.17 crore from the assistance.
Under Biju Setu Yojana NABARD has also sanctioned 14 Rural Bridge Projects with RIDF loan assistance of Rs 242.34 crore which would add 6222.89 metres of bridge length, benefiting about 4.56 lakh population in 322 villages of the state.
- RIDF: Rural Infrastructure Development Fund
- NABARD-National Bank for Agriculture and Rural Development.
- Established on 12 July 1982.
- Headquarters- Mumbai
- Chairman- Harsh Kumar Bhanwala.
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