NABARD sanctions Rs 116.22 crore to Gujarat

AHMEDABAD: National Bank for Agriculture and Rural Development ( NABARD) have sanctioned Rs 116.22 crore to the Government of Gujarat under Rural Infrastructure Development Fund for improvement and renovation of Fatehwadi canal system apart from constructing 45 new tubewells in command area of Sanand, Dholka, Daskroi and Viramgam talukas.

On completion, the project will provide assured irrigation to an additional area of 6650 hectare.Besides, it would recharge the ground water, solve the drinking water problem and generate additional recurring and non-recurring employment.

With this sanction, the total RIDF loan assistance under RIDF from NABARD to the Government of Gujarat aggregates to Rs 9477.05 crore, out of which an amount of Rs 7208.72 crore has already been utilised by the Government of Gujarat till date.