The National Bank for Agriculture and Rural Development (Nabard) has sanctioned ₹166.51 crore under the Rural Infrastructure Development Fund (RIDF XXIII) as loan assistance for development of 114 roads and three bridge projects in 12 districts in the State.
The projects include laying of new roads in rural areas and widening and strengthening of existing roads to improve rural connectivity. Out of the sanctioned projects, 95 roads and two bridge projects will be implemented by the Panchayat Raj Department and the remaining by the R&B Department, according to Nabard Chief General Manager K Suresh Kumar. In a statement on Wednesday, he said that 422 Rural Water Supply projects with an assistance of ₹106.55 crore were also sanctioned. The projects would be implemented by the Rural Water Supply and Sanitation (RWS&S) Department.
Upon completion of these projects, potable water would be supplied to around 500 habitations in the State, he said, adding that the total sanctions to A.P. under RIDF tranche XXIII touched ₹465.45 crore.
