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NABARD disburses ₹16,500 cr under rural infra fund till Janurary 31 this fiscal
March 13, 2021
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Rural Infrastructure Development Fund (RIDF) provides low-cost funds to States to help complete incomplete rural infra projects
The National Bank for Agriculture and Rural Development (NABARD) has disbursed ₹16,500 crore under the Rural Infrastructure Development Fund (RIDF) during the current financial year so far (up to January 31, 2021).
Cumulative disbursements under the fund, which was started in 1995 to create social assets in rural India, stood at ₹3,10,849 crore as on January 31, 2021, NABARD said in a statement.
Under RIDF, low-cost funds are provided to States to facilitate completion of incomplete rural infrastructure projects.
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