Published On:October 10 2015
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NABARD to extend aid to AP grid projects

The National Bank for Agriculture and Rural Development (NABARD) has promised to extend assistance for power grid, gas grid, road grid and fibre grid projects proposed by the Andhra Pradesh government to ensure accelerated development of the new State.

NABARD Chief General Manager (AP region) Harish Java, who met Chief Minister N. Chandrababu Naidu at his camp office in Vijayawada, said the bank would release funds under RIDF (Rural Infrastructure Development Fund) for eligible works in villages selected under Smart Village programme. Adequate funds would be provided for promoting greenery, drinking water and construction of individual toilets. Mr. Naidu informed the Nabard CGM that his government planned to incorporate a green climate fund and an exclusive corporation would be established for promoting greenery in the State on the lines of Haryana. Accordingly, it was proposed to take up mangrove plantation along the coastline and a nursery would be set up in every village.


THE HINDU


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