NABARD sanctioned Rs 32.45 billion for projects in Gujarat

The National Bank for Agriculture and Rural Development (NABARD) has sanctioned Rs 32.45 billion for rural drinking water supply and irrigation projects in Gujarat for 2021-22, under the Rural Infrastructure Development Fund (RIDF). This is the highest ever allocation for loan assistance to projects in the state. The amount sanctioned under the RIDF for 2021-22 was 8.5 per cent higher than the Rs 29.89 billion sanctioned in 2020-21. Under the rural drinking water supply project, which is part of the JJM, Rs 10.06 billion has been sanctioned for providing functional household tap connections to 8.58 million people in eight districts of Gujarat. Two other rural drinking water supply projects – the Rs 2.93 billion Budhel to Borda bulk pipeline and the Rs 7.94 billion Dhanki to Navda bulk pipeline – for a rural population of 6.84 million were also approved during 2021-22.

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