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NABARD sanctions Rs 217.72 crore so far during year under RIDF assistance to Goa govt
Goa | August 2021

Panaji, Aug 10 (UNI) NABARD on Tuesday said that it has sanctioned Rs 217.72 crore so far during year under Rural Infrastructure Development Fund (RIDF) assistance to Goa government.

''NABARD has sanctioned loans worth Rs 188.81 crore for Construction of Super Speciality Block, Bambolim and Enhancement of Solid Waste Treatment Plant, Saligao under Rural Infrastructure Development Fund (RIDF) to the Government of Goa for various Social infrastructure Projects in the State, taking the cumulative sanctions to ₹ 217.72 crore during 2021-22,'' Usha Ramesh, GM/OiC NABARD, Goa Regional Office, said.

She said RIDF was introduced with the sole objective of giving low cost funding support to state governments and state owned corporations for quick completion of projects related to medium and minor irrigation, soil conservation and others forms of rural or social infrastructure.

The social infrastructure created out of the projects sanctioned to Rural Health Infrastructure, Sewerage, Solid Waste Management, Rural Drinking Water Distribution projects in the state would not only improve the standard of living of the people in the State but also contribute to Prime Minister’s ‘ Swachh Bharat Mission’

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