Current Affairs Exam

To give boost to rural infrastructure development in the state, Punjab Chief Secretary Vini Mahajan on Saturday said the state has prioritised projects to the tune of Rs 1,022 crore from the National Bank for Agriculture and Rural Development (NABARD) under RIDF (Rural Infrastructure Development Fund)-XXVII.

Chairing the high-powered committee meeting to review the progress of various ongoing -funded projects, the Chief Secretary informed that these projects will ensure Infrastructure development in the countryside during the current fiscal.

Sharing the progress of ongoing infrastructure projects in the state, Chief General Manager NABARD, Punjab, Rajiv Siwach, informed that four projects, involving RIDF assistance of Rs 714.15-crore have already been sanctioned by NABARD and another two projects submitted by the state were also in the process of getting sanctioned. Considering the high performance of the state, he said the normative allocation for RIDF-XXVII has been enhanced from Rs 500-crore to Rs 750-crore for the current financial year.

The Chief Secretary asked all administrative departments to ensure maximise availment of funds and undertake the projects in different fields, especially Education, Irrigation, Water supply and sanitation, public works (roads and bridges), Health, construction of godowns, installation of solar water pumping units, Soil and water conservation in the right earnest.

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