Itanagar| Under its Rural Infrastructure Development Fund (RIDF), National Bank for Agriculture & Rural Development has sanctioned Rs. 237 crore for several projects in Arunachal Pradesh.
The projects include road connectivity (112.60 km), rural drinking water supply, school education and flood protection projects. The projects intend to benefit about 1.80 lakh population in 146 villages in eleven districts of the state.
General Manager and Officer-In-Charge of NABARD, Arunachal Pradesh Regional Office, S. Sankara Narayanan said another Rs. 18 crore will be sanctioned soon for 21 projects under Rural Infrastructure Development Fund (RIDF).
According to Narayanan, Arunachal Pradesh has received the highest share of funds from the bank this year. He also stated NABARD has already released Rs 84.30 crore in respect of ongoing projects and expects to release Rs 80 crore more for projects sanctioned during the year.
NABARD is also preparing Potential Linked Credit Plan (PLPs) for each district to map the potential available for development in agriculture and rural sector through credit flow, he added.
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