Explorer

NABARD sanctions Rs. 273.06 crore to Andhra Pradesh for development projects

Amravati (Andhra Pradesh) [India], October 4 (ANI): The National Bank for Agriculture and Rural Development (NABARD) has sanctioned an amount Rs. 273.06 crore to the Andhra Pradesh Government under Rural Infrastructure Development Fund (RIDF) for Rural Water supply, Road and Bridge projects.

The NABARD has sanctioned an amount of Rs. 166.51 crore under the RIDF XXIII as loan assistance for development of 114 roads and three bridge projects in 12 districts of the state.

The projects involve laying of new roads in rural areas and widening and strengthening of the existing ones to improve the rural connectivity.

Out of the sanctioned projects, 95 roads and two bridge projects will be implemented by the Panchayati Raj Department and the remaining by the Roads and Buildings Department.

Apart from the above, 422 Rural Water Supply projects with an assistance of Rs. 106.55 crore were also sanctioned.

The projects will be implemented by the Rural Water Supply and Sanitation Department and upon completion; potable water would be supplied to around 500 habitations in 13 districts of the state.

With the recent funding, the total sanction to the Andhra Government under the RIDF Tranche XXIII (2017-18) by the NABARD has now touched Rs. 465.45 crore. (ANI)


This story has not been edited. It has been published as provided by ANI

View More
Advertisement
Advertisement
25°C
New Delhi
Rain: 100mm
Humidity: 97%
Wind: WNW 47km/h
See Today's Weather
powered by
Accu Weather
Advertisement

Top Headlines

'Cong Desperate For Power Like Fish Out Of Water': Modi At Mumbai Rally, Takes 'Remote Control' Jibe At Uddhav
'Cong Desperate For Power Like Fish Out Of Water': Modi At Mumbai Rally, Takes 'Remote Control' Jibe At Uddhav
GRAP 3 In Delhi From Tomorrow As AQI Remains In 'Severe' Category. Details Here
GRAP 3 In Delhi From Tomorrow As AQI Remains In 'Severe' Category. Details Here
AAP's Mahesh Kumar Khichi Elected As Delhi's New Mayor Amid Cross-Voting
AAP's Mahesh Kumar Khichi Elected As Delhi's New Mayor Amid Cross-Voting
Lahore AQI Worse Than Delhi, NASA Shares Smog Photos As Pakistani City Reports 15,000 Respiratory Cases
Lahore AQI Worse Than Delhi, NASA Shares Smog Photos As Pakistani City Reports 15,000 Respiratory Cases
Advertisement
ABP Premium

Videos

Nirmala Sitharaman Announces Game-Changing Collateral-Free Loan Scheme for MSMEsSIP Emerges as a Safe Investment Amidst Market Fluctuations | Paisa LiveTop Banks Offering 8.75% Interest for Senior Citizens: Here’s What You Need to Know!RBI Set to Make a Big Decision on Your EMI: What You Need to Know!
Embed widget