NABARD sanctions Rs 1,744.51 cr to Mizoram for critical rural infra


Aizawl, Dec 10 (IANS): The NABARD has so far sanctioned a Rs 1,744.51 crore to Mizoram for 677 projects of critical rural infrastructure and Rs 1,070.81 crores has been disbursed so far, officials said here on Friday.

A Mizoram government official said that under the Rural Infrastructure Development Fund (RIDF), the NABARD, during the past few years, has sanctioned the loans for critical rural infrastructure like roads, bridges, drinking water, and health infrastructure.

Under the Warehousing Infrastructure Fund, NABARD has supported Mizoram government with a loan amount of Rs 112.76 crores in building 111 warehouses with aggregate capacity of 42,174 MT for storing agriculture and horticulture produce.

Through its different grant schemes, the bank has provided Rs 35 crore during the past three years to support various organisations, banks and local bodies in areas like tribal development, setting up rural markets, spring shed development, supporting innovative agriculture extension programmes, developing cooperative societies, supporting GI products, skill development programmes, handloom producer organisation, financial literacy camps.

NABARD Chairman G.R. Chinatala, during a meeting with the Mizoram government officials including Additional Chief Secretary J.C.Ramthanga on Friday, said that although NABARD has been supporting various developmental efforts, a lot is still left to be done to uplift the socio-economic infrastructure of the state.

  

Top Stories


Leave a Comment

Title: NABARD sanctions Rs 1,744.51 cr to Mizoram for critical rural infra



You have 2000 characters left.

Disclaimer:

Please write your correct name and email address. Kindly do not post any personal, abusive, defamatory, infringing, obscene, indecent, discriminatory or unlawful or similar comments. Daijiworld.com will not be responsible for any defamatory message posted under this article.

Please note that sending false messages to insult, defame, intimidate, mislead or deceive people or to intentionally cause public disorder is punishable under law. It is obligatory on Daijiworld to provide the IP address and other details of senders of such comments, to the authority concerned upon request.

Hence, sending offensive comments using daijiworld will be purely at your own risk, and in no way will Daijiworld.com be held responsible.