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Friday / April 19. 2024
HomeAgroPolicyPunjab’s Chief Secretary reviews rural infra sanctioned by NABARD

Punjab’s Chief Secretary reviews rural infra sanctioned by NABARD

dept-of-animal-husbandry-and-dairying-to-celebrate-national-milk-day-on-nov-26-2021
Image credit: NABARD

Discussions were held on the recently implemented storage godowns and dairy infrastructure

Anirudh Tewari, Chief Secretary, Government of Punjab chaired a high-powered committee meeting to review the rural infrastructure projects sanctioned by National Bank for Agriculture and Rural Development (NABARD) under RIDF and other concessional schemes in the state.

 

The meeting was coordinated by KAP Sinha, principal secretary (finance) Punjab. The meeting was attended by principal secretaries and the secretaries of administrative departments and HoDs from different departments.

 

The NABARD team was led by Dr Rajiv Siwach, Chief GM, NABARD Punjab. CGM NABARD apprised that during the current financial year as against the target of Rs 750 crore, projects involving a loan of Rs 823.06 crore have been sanctioned by NABARD under RIDF in the State which is 49 per cent higher than the previous year and 109 per cent of the current years’ sanction target.

 

The CGM, NABARD also informed that during the year projects in diversified fields like large surface-based drinking water projects, additional classrooms, the state-of-the-art dairy infrastructure in Bassi Pathana and the construction of storage godowns have been sanctioned.

 

Further, an amount of Rs 400.04 crore has been released to the state in the current financial year for the RIDF project.

 

The Chief Secretary advised all the implementing departments to submit a shelf of projects for RIDF XXVIII to FD by January 31, 2022. CGM NABARD requested the implementing departments to speed up the tendering and implementation process so that the people at large can be benefitted.

 

The CS lauded the efforts of the finance department, implementing departments and NABARD for the creation of rural infrastructure in the state of Punjab as it will provide a boost to the development of critical rural infrastructure in the state.

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