Question : Goa has recently borrowed Rs 85 crores from NABARD under RIDF for various infrastructure projects.In which year Government of India created the Rural Infrastructure Development Fund(RIDF) ?
(a)1995-96
(b)1997-98
(c)1998-99
(d)1992-92
Answer (a)
Related facts
- Goa has recently borrowed Rs 85 crores from NABARD under RIDF for various infrastructure projects.
Bio-digestor toilets
- Among the projects taken up with the funds are bio-digestor toilets to meet the open defecation free (ODF) norms, drinking water supply and irrigation programs among the many others.
RIDF
- Government of India created the RIDF in NABARD in 1995-96, with an initial corpus of Rs.2,000 crore.
- With the allocation of Rs.28,000 crore for 2018-19 under RIDF XXIV, the cumulative allocation has reached Rs.3,20,500 crore, including Rs. 18,500 crore under Bharat Nirman.
- At present, there are 37 eligible activities under RIDF as approved by GoI.
- The eligible activities are classified under three broad categories i.e.
• Agriculture and related sector
• Social sector
• Rural connectivity
By — Pankaj Pandey.