Home » Business » Odisha tops in RIDF performance

Odisha tops in RIDF performance

BHUBANESWAR:10/5/18; One of the major beneficiaries of Rural Infrastructure Development Fund (RIDF), Odisha has recommended 14,346 projects estimated at Rs 10,328 crore to the National Bank for Agriculture and Rural Development (Nabard) for 2018-19. Reviewing the progress of projects sanctioned under RIDF during  2017-18, Development Commissioner R Balakrishnan directed various departments to submit detailed project reports (DPRs) of spillover and newly sanctioned projects.

In 2017-18, the State had recommended 14,455 projects estimated at Rs 5,514 crore to Nabard under RIDF against which 2,351 projects worth Rs 2,539 crore were sanctioned. However, fund utilisation by different departments was Rs 3,872 crore.Chief General Manager, Nabard regional office, Krushna Chandra Panigrahi said the national bank had disbursed Rs 2,512 crore to the State Government from RIDF against the claims made by various departments in the last fiscal. The RIDF loan disbursal was highest among all the States. He said, Odisha tops the list with Rs 2512.36 crore disbursement followed by Gujarat with Rs 2062.91 crore and Rajasthan with an investment of Rs 1,851.39 crore.

The departments implementing the infrastructure projects under RIDF, include Agriculture and  Farmers Empowerment (1485  projects), Water Resources (671), Panchayati Raj and Drinking Water (175), Works (6) and Rural Development making a total of 2351 projects. So far, around 60 per cent of the projects under RIDF have been completed and balance projects are in progress.

Deputy Chief General Manager, Nabard, Narayan Chandra Pani said the Regional Office, Bhubaneswar has been honoured with best performance award for 2017-18 for diversified project lending in which RIDF is a major component.


About Editor in chief

Ashok Palit has completed his graduation from Upendranath College Soro, Balasore and post graduation from Utkal University in Odia Language and literture.. He has also carved out a niche for himself as a scribe of eminence after joining the profession in 1988. He is also an independent media production professional. He brings loads of experience to Advanced Media, Ashok Palit as a cineaste has been active in film criticism for over three decades. As a film society activist, he soared to eminence for his profound commitment to the art film appreciation and aesthetics of cinema. His mode of discourse is often erudite but always lucid and comprehensible marked by a perfect acumen so rare in the field. A film aesthete with an immense fond of critical sensibilities, he wrote about growth and development of odia cinema in New Indian Express, The Times of India, The Hindustan Times, The Asian Age and Screen. He has been working as an Editor for Cine Samaya from 2002-2004.. He had made solid contribution on cinema in many odia Dailies and weekly such as Samaj, Prajatantra, Dharatri, Samaya, Satabadi, and weekly Samaya.

Check Also

First Deceased Donor Organ Retrieval at AIIMS Bhubaneswar

A 14-year-old girl child donates her Liver to save an unknown Liver transported through a green corridor to ILBS New Delhi Bhubaneswar, 25/02/2024: Continuing the transplantation services at AIIMS Bhubaneswar, ...