NABARD Sanctions Rs.951 Cr. For Odisha Under RIDF
NABARD has sanctioned RIDF assistance of Rs.951 Crore to the Government of Odisha on 20th January’2022 under Rural Infrastructure Development Fund (RIDF) for construction of 176 rural road projects to be implemented by Rural Development Department, Government of Odisha in all the 30 districts of the State.
The Road projects with a combined length of 1434 km will improve rural road connectivity for 9.92 lakh people in 959 villages.
This sanction is on the line of priority fixed by the State Government for developing critical rural infrastructure for Drinking Water Supply, Irrigation and Rural Connectivity (Road and Bridge).
With this sanction, the cumulative sanction under RIDF XXVII reached a level of Rs.3852 crore for the current financial year and the total cumulative sanctions since inception of RIDF has crossed Rs. 32,000 Crores for Odisha.
These infrastructure projects will play a key role in supporting rural economy by improving the livelihoods of people.