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NABARD Sanctions Rs 157 Cr Loan to Haryana For Water Project

NABARD has sanctioned Rs 157 crore loan to the Haryana govt for implementation of a project for augmentation of drinking water supply scheme in 84 villages.

Press Trust Of India

Updated:February 2, 2017, 6:34 PM IST
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NABARD Sanctions Rs 157 Cr Loan to Haryana For Water Project
File photo of young girls carrying containers filled with drinking water beside the railway station in India.(Image: REUTERS)

Chandigarh: National Bank for Agriculture and Rural Development (NABARD) has sanctioned Rs 157 crore loan to the Haryana government for implementation of a project for augmentation of drinking water supply scheme in 84 villages of districts Palwal and Faridabad.

Stating this in Chandigarh on Thursday, a NABARD spokesman said that the project is aimed at providing potable drinking water in selected villages in blocks Prithla, Palwal and Ballabhgarh from Yamuna flood plain by constructing ranney wells and deep tubewells.

He said that in the present scheme, water supply to the affected villages would be augmented by constructing ranney wells. The project is likely to benefit 3,06,814 persons.

The official also said that the loan had been sanctioned under the 22nd tranche of Rural Infrastructure Development Fund (RIDF).

With this sanction, the cumulative RIDF assistance extended by NABARD to the Haryana government under RIDF, since its inception in 1995-96, has reached Rs 5,794 crore.

Assistance has been provided for 4,269 projects in various sectors such as irrigation, rural connectivity, water supply, solar power, anganwadis, girls toilet blocks and veterinary hospitals and dispensaries, he added.

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| Edited by: Huma Tabassum
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