Bengaluru: Rs 935 crore NABARD loan assistance for Karnataka’s rural infrastructure


From Our Special Correspondent
Daijiworld Media Network

Bengaluru, Dec 7: National Bank for Agriculture and Rural Development (NABARD) has sanctioned Rs 935 crore as loan assistance to Karnataka for improving infrastructure in the rural areas of the state in the year 2018-19.

These projects included construction of Mega Market Yards in Rannebennur, Karatgi and Dasnapur, infrastructure facilities in APMCS including 362 covered auction platforms and 148 godowns, construction of 631.15 kms of rural roads; 71 bridges, 108 Veterinary Institutions buildings, veterinary dispensaries, 17 veterinary hospitals and 4 polyclinics; a drip irrigation project with potential of 1818.18 hectare; drinking water project in Hassan district and providing infrastructure in 162 rural educational Institutions.

NABARD has so far sanctioned Rs.14,537 crore to Karnataka for creation of storage capacity of 14.5 lakh MT across 28 districts, bringing 4.31 lakh hectares of land under irrigation, construction of 44316 km roads and construction of 1895 rural bridges in the state.

  

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Title: Bengaluru: Rs 935 crore NABARD loan assistance for Karnataka’s rural infrastructure



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