The National Bank for Agriculture and Rural Development (Nabard) has sanctioned Rs.15 crore for Krishna district during the 2011-12 financial year.
The major projects sanctioned last year were APMIP valued at Rs. 4.11 crore and Indira Jalaprabha worth of Rs.9 crore and two roads valued at Rs.2 crore, according to the Nabard officials.
The Nabard conducted a regional level workshop on Rural Infrastructure Development scheme here on Saturday. The officials said the Nabard had been extending financial assistance in the form of loan to the State governments for rural infrastructure projects since 1995-96 under Rural Infrastructure Development Fund (RDIF).
The Nabard has sanctioned 1,016 projects with a cumulative loan assistance of Rs. 548 crore since inception of the scheme, they said.
District Collector Buddha Prakash M Jyothi, who inaugurated the workshop, stressed on the need to utilise the funds and schemes of the Nabard for development of rural areas. Irrigation water schemes, flood control, basic infrastructure, public health, sanitation and other projects could be taken up under the RIDF. The officials should chalk out projects and plans to provide safe drinking water in villages. The schemes to improve the animal population could also be taken up, he said.
Nabard AGM N. Madhumurthy said Nabard had allocated Rs. 20,000 crore for rural infrastructure projects at national level. Of this, Rs. 5,000 crore was meant for creation of warehouse infrastructure. A total of 31 activities were eligible under the RIDF. Even since the RIDF was launched, the Nabard has sanctioned 25,864 projects with a loan component of Rs. 13,257 crore the State government, he added.
Nabard AGMs T. V. Narasimha Rao and Y. Haragopal, Animal Husbandry joint director T. Damodar Naidu, and APSIDC SE Sk. Kaleshavali were among those present.
