will sanction Rs 2,100 crore for FY 2021-22 in order to ramp up agricultural Infrastructure inJharkhandand disburse an additional amount of Rs 1,800 crore to the government for other infrastructural development work, NABARD chairmanG R Chintalasaid.
He also stressed on ramping up infrastructure on Agriculture-notes-for-state-psc-exams”>Agriculture Marketing in Jharkhand. There are many projects related to agriculture marketing in Jharkhand that are stalled due to a scarcity of funds. We will re-finance such projects at a meagre rate of 1%, he said.
He added, Since the formation of the state, we have sanctioned a cumulative amount of Rs 16,290 crore for 5,110 projects in augmenting rural infrastructure. Apart from funding the farm sector, we are helping in constructing bridges in rural areas for augmenting physical and rural infrastructure through greater allocations through our various corpus funds in the state.
NABARD is also going to provide Rs 1,700 crore to JharkhandRajya Gramin Bankin the current fiscal year.