PANAJI
NABARD has sanctioned loans worth ₹ 8504.30 lakh under Rural Infrastructure Development Fund (RIDF) to the Government of Goa for various social infrastructure projects in the State.
With this, NABARD achieved 100% of the target fixed for sanction to the State government during 2020-21, said Usha Ramesh, General Manager/OiC, NABARD. She further stated that RIDF was instituted in NABARD with the sole objective of giving low cost support to State governments and State owned corporations for quick completion of projects related to medium and minor irrigation, soil conservation and other forms of rural infrastructure.
The social infrastructure created out of the projects sanctioned to sewerage, bio digester toilets, drinking water distribution, primary health centre, etc. in the State would not only improve the standard of living of the people in the State but also would contribute to Prime Minister's ‘Swachh Bharat Mission’.