Question: Recently, the National Agriculture and Rural Development Bank (NABARD) has sanctioned a loan to Haryana State for Rs. –
(a) 119 crores
(b) 118 crores
(c) 120 crores
(d) 119 crores
Answer: (a)
Related Facts:
- On September 22, 2017, NABARD approved a loan of Rs 119 crore for the construction of seven bridges including various projects and improvement of a rural road project.
- Under the Project, construction of seven bridges and one road will be constructed in Ambala, Panchkula, Sonipat, Yamuna Nagar and Panipat districts covering RIDF (Rural Infrastructure) Infrastructure Development Fund of Rs. 28.25 crore.
- In addition, loan has been sanctioned for 167 government veterinary hospitals and dispensaries and one drinking water supply planning in Rewari district in all districts.
- During the implementation of non-recurving employment, about 2.71 lakh labors is likely to be generated.
- The project will directly benefit 46 villages and provide farmers access to 18 marketing centres.
- Nabard has also sanctioned a project for augmentation of one Rural Drinking Water Supply Schemes in Rewari district, involving RIDF loan of Rs 37.71 crore.
- The project is expected to generate about 1.16 lakh work days of non-recurring employment during implementation
- Nabard has also sanctioned construction of 52 government veterinary hospitals and 115 veterinary dispensaries in all 22 districts of the state.
- The main objective of construction of buildings of the veterinary institutions was to provide a better working environment for the staff for quality delivery of veterinary services to the farmers or villagers, he said.
- The project involves RIDF loan of Rs 53.29 crore and will benefit more than 167 villages.
- Project will generate non-recurring employment of 8.35 lakh work days.
Reference:
https://timesofindia.indiatimes.com/business/india-business/nabard-sanctions-rs-119-cr-loan-for-haryana/articleshow/60794480.cms
http://businessworld.in/article/Nabard-Sanctions-Rs-119-Crore-Loan-For-Haryana/22-09-2017-126823/