Nabard has sanctioned Rs 64.16 crore for the construction of roads in rural areas of Haryana under the Rural Infrastructure Development Fund.
D V Deshpande, Chief General Manager (Haryana), National Bank for Agriculture and Rural Development (Nabard), said a loan of Rs 64.16 crore for six rural road projects under Rural Infrastructure Development Fund (RIDF) 2013-14 has been sanctioned.
So far, this year 41 projects involving Rs 302.81 crore have been sanctioned from Nabard, mainly for roads, bridges, drinking water supply in rural areas of Haryana. The disbursement during the year in the state so far is Rs 86.94 crore.
With this sanction, the cumulative RIDF assistance sanctioned to the Haryana government has reached Rs 4,073.33 crore since the inception of RIDF in 1995-96. So far Rs 2,688.70 crore has been disbursed till date.