Nabard grants Rs 222 cr for infrastructure development

KOLKATA: The National Bank for Agriculture and Rural Development (Nabard) on Thursday said it has sanctioned Rs 222.23 crore for Rural Infrastructure Development Fund (RIDF) of West Bengal.

Nabard said the amount was sanctioned for projects under 13 tranches of RIDF for building 48 rural roads, three bridges, 1,208 minor irrigation projects, construction of 1,119 anganwadi centres, drainage and joint forest management projects.

In 2007-08, total cumulative assistance from Nabard in RIDF-XIII to West Bengal was Rs 358.53 crore, Nabard said.

Since inception of RIDF, Nabard has sanctioned loan to 25,392 projects totalling 4338.30 crore, the release said.

Rural connectivity received the highest attention with Rs 2188.74 crore or 50.45 per cent of the total assistance.