NABARD sanctions Rs 80.48 Cr for rural infrastructure in Himachal

Shimla:NABARD has sanctioned Rs 80.48 crore as loan from its Rural Infrastructure Development Fund (RIDF) to the Government of Himachal Pradesh for creation of rural infrastructure in the State.

The funds have been sanctioned for the construction of 25 rural drinking water supply schemes, 21 road projects and 7 bridges.

This happens to be the second sanction by NABARD for the state in 2011-12 with cumulative sanctions touching Rs 163.35 crore for the year.

An amount of Rs 25.32 Cr would be spent on the 25 drinking water schemes which would benefit 82704 residents spread over nine districts, namely Chamba, Bilaspur, Hamirpur, Kangra, Kullu, Mandi, Shimla, Solan and Una.
For the 21 road projects an amount of Rs 35.81 Cr has been sanctioned which would help to black top 15 roads of 83 Km cumulative length and construct 6 roads of 31 Kms.

For construction of 7 bridges an amount of Rs 19.35 Cr would be spent, said a NABARD spokesman.
Till date NABARD has sanctioned Rs 3266 crore under all tranches of RIDF to the state, of which Rs 2095.02 crore stands disbursed.

Sanctioned projects cover 1504 irrigation projects, 822 rural roads projects, 238 bridges, 118 watershed projects, 40 flood protection works, 1213 primary school buildings, 64 science laboratories in schools, 25 IT projects, 556 rural drinking water schemes, 295 animal husbandry centres / hospitals, 16500 polyhouses with related minor irrigation structures and more than 20000 hectares of micro irrigation structures.

As Editor, Ravinder Makhaik has nurtured Hill Post for over a decade. A chequered path had him drift from managing family owned apple orchards, to turning a documentary filmmaker, to a journalist - with India’s leading television networks and newspapers, to boot strapping in founding Start-Ups. He lives in Shimla.

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