Begin typing your search...

    NABARD sanctions Rs 1530.77 crore to UP for developing rural infrastructure

    National Bank for Agriculture and Rural Development (NABARD), Uttar Pradesh Regional Office has sanctioned Rs 1530.77 crore loan assistance under the Rural Infrastructure Development Fund (RIDF) to Uttar Pradesh towards Irrigation, rural roads and rural bridge projects in the current fiscal so far.

    NABARD sanctions Rs 1530.77 crore to UP for developing rural infrastructure
    X
    National Bank for Agriculture and Rural Development (NABARD)

    Lucknow

    According to a NABARD statement on Tuesday, for Kanhar Irrigation Project in Sonebhadra district an amount of Rs 1038.29 crore has been sanctioned. This Project is  expected to provide irrigation facilities in the most backward, tribal and drought prone areas of Duddhi and Robertsganj Tehsils of Sonebhadra district  covering over 26,075 hectares of land.

    In addition to it, 326 road projects having loan of Rs 262.45 crore, 45 bridges (Rs 104.17 crore), in various districts, a Flood Protection Project in Gorakhpur (Rs 23.17 crore) and rehabilitation of 5 Major Irrigation Pump Canal Machineries spanning 5 different districts (Rs 102.69 crore) have been sanctioned with funds availed from RIDF.

    With this, NABARD has sanctioned Rs.23235.48 crore to UP cumulatively for over 21775 infrastructure projects over a period spanning more than 23 years.

    Visit news.dtnext.in to explore our interactive epaper!

    Download the DT Next app for more exciting features!

    Click here for iOS

    Click here for Android

    migrator
    Next Story