NABARD allocates Rs 6 bn for rural infra projects in Himachal Pradesh
The National Bank for Agriculture and Rural Development (NABARD) has authorised 113 projects in Himachal Pradesh totaling Rs 6 billion under the Rural Infrastructure Development Fund (RIDF).
26 drinking water supply schemes, 30 minor irrigation schemes, 40 rural roads, four bridges, and 13 sewerage schemes have been approved.
According to estimates, Rs 2 billion has been sanctioned for 40 rural roads and four bridges, which will be used to create 103.65 km of roads and rehabilitate and upgrade 132.89 km of roads.
An amount of Rs 1.2 billion has been sanctioned for 13 sewerage projects, which will benefit of 65,000 people. Besides, Rs 1.18 billion has been sanctioned for 26 rural drinking water supply schemes, which will benefit 2.94 lakh people.
Around 30 minor irrigation projects worth Rs 1.68 billion have also been approved.