National Bank for Agricultural and Rural Development (NABARD) has plans to sanction a loan of Rs 800 crore in the current financial year, 2013-14 under Rural Infrastructure Development Fund (RIDF). The disbursement made under RIDF was Rs 750 crore in the last fiscal.
As per the reports of NABARD, during the year 2012-13 it has supported Jharkhand by providing financial assistance of Rs1,056.38 crore (Rs 1,038.01 as loan and Rs 18.37crore as grant).
The loan amount was released to the State Government for rural infrastructure development and to the Commercial Banks and Regional Rural Banks as refinance for promotion of rural credit.
An ambitious Women Self Help Groups (WSHGs) programme of Government of India has been introduced in 18 left Wing Extremist (lWE) affected districts in the State which is being implemented by NABARD. “We have plans to include all eligible women in two years time into the SHGs,” Chief General Manager S Saravanavel said.
It has sanctioned Rs 1,900.00 lakh to 16 anchor NGOs for promotion of 19,000 WSHGs in the State. As on March 31 this year 19,332 WSHGs have been formed of which 10,366 have been savings linked and 43 credit-linked through branches of various banks.
During the year 61 capacity building /sensitisation programmes were conducted for 200 key persons of new field functionaries and 700 grassroot level animators and 400 bank officials.
Normal SHG Promotional Programme also continued to be supported in rest six districts of Santhal Pargana Division. During the year, and an amount of Rs 220.50 lakh for promotion of 3,150 SHGs was sanctioned, as per NABARD. Thus a total of Rs 2,120.50 lakh were sanctioned for promotion of 22,150 SHGs under Women SHG and normal SHG programme of NABARD.
In addition to credit support extended to State Government and banks, NABARD also disbursed Rs.18.37 crore as grant assistance for various promotional programmes in the State like Farmers Club, technology transfer, watershed development etc.
Cumulatively, the total number of completed projects reached 1679 under various sectors till 31 March 2013.Thus a number of 830 completed road projects added 5297 kilometres of roads to the state road network and 455 rural bridge projects could build 44557 meters of bridge facilitating rural connectivity.
Irrigation facility for an area of 18568 hectares of land was made available with 104 irrigation projects. In rural drinking water and sanitation sector 24 projects covering 518883 units of drinking water schemes were completed.