City
Epaper

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

By IANS | Updated: December 10, 2021 21:35 IST

Aizawl, Dec 10 The NABARD has so far sanctioned a Rs 1,744.51 crore to Mizoram for 677 projects ...

Open in App

Aizawl, Dec 10 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.

Disclaimer: This post has been auto-published from an agency feed without any modifications to the text and has not been reviewed by an editor

Tags: Warehousing infrastructure fundNabard
Open in App

Related Stories

National"Nine years of PM Modi govt will be written in golden letter for eradication of India's poverty": Amit Shah

NationalNABARD playing key role in farmers' prosperity across country: Union minister Amit Shah 

InternationalSitharaman directs NABARD to make rural income improvement top priority

BusinessAgri dept, NABARD organise awareness programme for bankers, other stakeholders in Jammu

NationalLadakh woodcarvings receive GI tag, locals hopeful of getting opportunities in domestic, international markets

Politics Realted Stories

MumbaiWho Is Tejasvee Ghosalkar? Shiv Sena UBT Leader and Former Corporator Joins BJP Ahead of BMC Polls

MaharashtraSanjay Raut Says Sena–MNS Already Together No Need Others Permission

MaharashtraBig Jolt to Sharad Pawar as Salil Deshmukh, Son of Anil Deshmukh, Quits NCP-SP

PoliticsEknath Shinde Issues Strict No-Crossover Order After Meeting Amit Shah; Directive Communicated to All Shiv Sena Leaders

MaharashtraBMC Elections 2025: Devendra Fadnavis Says Clarity on Seat-Sharing Will Emerge in Two Days