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Rs287.36-cr Nabard Loan For State, Irrigation Potential For 15,083 Acres Will Be Created



By akansha, Section Development
Posted on Thu Feb 04, 2010 at 01:19:58 AM EST

The National Bank for Agriculture and Rural Development (Nabard) recently sanctioned a loan of Rs287.36 crore to the state government from its Rural Infrastructure Development Fund (RIDF) for development of minor irrigation (MI) schemes and for construction of anganwadis.

While Rs202.36 crore has been sanctioned for 13 MI projects, Rs85 crore has been approved for 2,500 anganwadis (playgroups run by the government). The MI projects would create additional irrigation potential for 15,083.312 acres and is expected to generate non-recurring employment of 151.43 lakh man days and 4.56 lakh recurring man days.

A man day is the amount of work performed by an average worker in a day.

The 2,500 anganwadis sanctioned in 33 districts of the state would benefit a population of 1.25 lakh from around 5,000 villages. The targeted beneficiaries of the anganwadi scheme are the most vulnerable groups of population including children up to six years and expectant and lactating mothers.

Nabard officials said that in the current fiscal the total amount of loan sanctioned to the state government under RIDF XV is Rs565.09 crore which includes funds for rural drinking water supply schemes, roads and bridges, MI and anganwadi schemes.

Source: dnaindia.com By Bhagyashree Kulthe Rs287.36-cr Nabard loan for state




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