Wednesday, October 10, 2012

TN gets Rs 435 cr from Nabard to develop rural infrastructure


Chennai:
Tamil Nadu has got Rs 435 crore fund from National Bank for Agriculture and Rural Development (NABARD) to develop its infrastructure.

The Rural Infrastructure Development Fund (RIFD) is for executing infrastructure projects in various sectors like irrigation, flood protection, rural connectivity and infrastructure facilities for backward classes, most backward classes and minorities hostels, according to
Lalitha Venkatesan, chief general manager NABARD, Chennai Regional Office.

She said an amount of Rs 63.175 crore has been sanctioned for construction of a series of groynes from Ennore to E Kuppam in Thiruvallur district for flood protection besides linking Parapikular Aliyar Project System to Uppar Canal in Tiruppur district to provide irrigation for additional crop area.

On completion, these projects will facilitate sustainable promotion of livelihood to nearly 38,000 fishermen in Tamil Nadu and benefit an ayacut area of 2452.42 hectare area.

An amount of Rs 329.33 crore has been sanctioned for improvement of 514 rural roads in 31 districts of Tamil Nadu. On completion, these projects will benefit 1,803 villages comprising of 75.5 lakh rural population.

An amount of Rs. 42.509 crore has been sanctioned for construction of 56 hostels for  backward classes, most backward classes and minorities community in 24 districts of Tamil Nadu. On completion, these projects will benefit 3,450 students from 2336 villages.

With this, the cumulative sanction by NABARD, under RIDF-XVIII for 2012-13 is Rs 1256.43 crore, of which Rs 151.2 crore is specifically for development of storage and warehousing facility in the State. Other infrastructure development supported during the current year include rural bridges, school infrastructure, strengthening of ooranies, pay and use toilets in rural and semi urban areas, fish farms and jetties for inland and marine fisheries.

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