Core Functions:
NIDA is a line of credit for funding rural infrastructure projects under the following three channels:
- Funding rural infrastructure projects directly to State Government and State-owned Institutions.
- Funding PPP infrastructure projects in rural areas, developed directly or through Special Purpose Vehicles promoted by State-owned Institutions, Co-operatives, Producer Organizations, Corporates etc.
- Funding non-PPP, rural infrastructure projects developed by Registered entities like Companies and Co-operatives.
Achievements:
Since inception in 2010-11 till 31 August 2023, cumulative sanction and disbursement under NIDA stood at Rs 70496.17 crore and Rs 37361.24 crore respectively.
Progress during the last 5 years and the current year has been impressive as indicated below:
(Rs crore)
| Year |
Sanctioned |
Disbursed |
| 2018-19 |
7362.76 |
2500.05 |
| 2019-20 |
4382.30 |
3727.09 |
| 2020-21 |
22767.75 |
7506.08 |
| 2021-22 |
8125.27 |
7136.26 |
| 2022-23 |
3581.71 |
6329.48 |
| 2023-24 (as on 31 August 2023) |
1064.86 |
1095.38 |
Since launch of the product, NABARD has sanctioned 133 projects under NIDA covering following sectors
- Power transmission
- Renewable energy (wind and solar power generation)
- Restoration of power distribution
- Roads and bridges
- Warehousing
- Development of Market Yard
- Irrigation
- Drinking water
- Sanitation
- Rural Tourism
- Education
State-wise and Sector-wise Loans to State Governments / Government-owned entities under NIDA is given inAnnexure I.