The National Bank for Agriculture and Rural Development (Nabard) has sanctioned projects worth Rs179.19 crore for Odisha under the Rural Infrastructure Development Fund (RIDF) Tranche XX 2014-15.
With this, the total amount sanctioned to Odisha Government during the year by Nabard has gone upto Rs1202.93 crore. The amounts sanctioned under the RIDF Tranche XX are used for creation of infrastructure in various sectors like irrigation, rural connectivity (roads & bridges), fisheries and animal husbandry.
The present sanction includes Rs78.45 crore for 15 rural road projects consisting of 92.96 km length. Similarly, Rs77.24 crore has been sanctioned for 11 irrigation and flood protection projects and Rs23.23 crore for 171 lift irrigation projects (tube well & river lift) under the Biju Krishak Vikas Yojana (BKVY). These irrigation projects envisage to create or develop an irrigation potential of 30,529 hectares of land and to create assured irrigation for 3,724 hectares under the BKVY.
Similarly, Rs27.84 lakh has been sanctioned for two Fish landing Centre projects in Salia and Sorada reservoirs in Ganjam district.The Nabard has sanctioned a total of Rs10,546 crore to Odisha for implementing more than 1.92 lakh projects since inception of the RIDF.