The National Bank for Agriculture and Rural Development (Nabard) on Wednesday sanctioned Rural Infrastructure Development Fund (RIDF) assistance
of Rs 356 crore to the Government of Odisha for construction of 35 bridge projects covering 17 districts.
“These bridge projects are intended to provide improvement in rural connectivity to 11.06 lakh people spread over 1324 villages,” said Nabard Odisha Regional CGM C Udayabhaskar.
He added that these infrastructure projects would play a key role in supporting
rural economy by improving the livelihoods of people.
During the current financial year, critical rural infrastructure projects under drinking water, irrigation and rural connectivity (roads and bridges) are being proposed to be supported under RIDF-XXVII.
The cumulative sanction under RIDF for the current year stands at Rs 1047 crore.