The National Bank for Agriculture and Rural Development (Nabard) has sanctioned Rs 210.08 crore as loan assistance to the government of Karnataka under RIDF XVIII.
The funds will be used for construction of four polytechnic colleges by the Department of Higher Education (Rs 21.25 crore), 71 rural roads and 45 bridge projects by PWD (Rs 96.06 crore), four fish jetty projects by Fisheries Department (Rs 4.75 crore), 93 irrigation projects by Water Resources Department (Rs 36.38 crore), 48 veterinary institutions by the Department of Animal Husbandry (Rs 9.48 crore) among others across the state.
64 Raitha Samparka Kendras by Agriculture Department (Rs 23.10 crore) and 22 Ayacut road projects by Water Resources Department — MMI (Rs 19.05 crore) in different districts of the state.
These projects have been sanctioned under the Rural Infrastructure Development Fund (RIDF XVIII) by the Project Sanctioning Committee at its meeting held recently. With these sanctions, the cumulative sanction to the state under RIDF XVIII has reached Rs 474.75 crore, Nabard said in a statement.
The assistance extended for construction of 299.84 kms of road projects and 1,670.8 mtrs of rural bridge projects is expected to benefit over 1 million rural population in 24 districts of the state. The roadôbridge projects will connect 683 villages with 258 marketing centres and generate non-recurring employment to the tune of over 4.1 million man-days and recurring employment of 411 jobs per year.
The sanction of 93 minor irrigation projects in 13 districts would benefit 3,457.81 hectares by way of ground water recharge, increased storage and restoration of command area among others and generate non-recurring employment of 1.13 million man days and recurring employment of 170 jobs per year.
The above minor irrigation projects will also help increase state GDP by Rs 3.71 crore per annum. The assistance of Rs 23.10 crore extended to the agriculture department for construction of 64 Raitha Samparka Kendras in 25 districts will benefit 2,823 villages and assistance of Rs 9.48 crore extended to Animal Husbandry Department for construction of 48 buildings for veterinary institutions will serve 390 villages in 29 districts.
