National Bank for Agriculture and Rural Development (NABARD) has sanctioned a loan of Rs 190.56 crore, out of its Rural Infrastructure Development Fund (RIDF) XIX to the Government of Jharkhand for various projects.
The rural piped drinking water supply project envisages construction of 19 rural piped drinking water supply projects in nine districts viz: Ranchi, East Singhbhum, West Singhbhum, Koderma, Bokaro, Dhanbad, Giridih, Sahibganj and Jamtara of the State. The project would benefit around 415,920 rural people of 83,184 households. The loan aggregated to Rs 88.76 crore has been sanctioned by NABARD for these projects. The project is being implemented through the Drinking Water & Sanitation Department, Government of Jharkhand.
The rural bridge project envisages construction of 24 rural bridges in 11 districts viz: Ranchi, Gumla, Koderma, Giridih, Hazaribag, Sahebganj, Dumka, West Singhbhum, East Singhbhum, Jamtara and Godda of the State. The total length of all the proposed bridges together works out to 5154.84 metres. The loan sanctioned by NABARD for these projects aggregates to Rs 101.80 crore. The execution of the projects will improve connectivity of 406 villages and 68 marketing centres and therefore facilitate all round economic development in the region benefiting a total population of around 374,950. The projects are being implemented through the Rural Works Department, Government of Jharkhand. With this sanction, NABARD Jharkhand RO has so far cumulatively sanctioned 2813 projects involving RIDF loan of Rs 5481.13 crore till date.