Encounter News Punjabi

Haryana Plans ₹2,295-Crore Rural Infra Push

WhatsApp Channel Join Now

Chandigarh: Haryana has drawn up rural infrastructure proposals worth ₹2,295.27 crore for improvement of irrigation, roads, drinking-water supply and storage infrastructure, with ₹2,180.50 crore proposed as loan assistance under NABARD’s Rural Infrastructure Development Fund (RIDF).

NABARD Chief General Manager Nivedita Tiwary informed that the new proposals include an irrigation proposal with a total financial outlay of ₹315.36 crore and proposed RIDF assistance of ₹299.59 crore, besides 57 road projects for improvement, widening and strengthening of roads involving a total outlay of ₹495.71 crore and proposed RIDF assistance of ₹470.92 crore. Both proposals have been submitted on the RIDF web portal.

The Chief Secretary also reviewed the India International Horticulture Market (IIHM), Ganaur, Sonipat, for which NABARD has sanctioned a term loan of ₹1,850 crore under NIDA. The project has a three-year financial phasing from 2025-26 to 2027-28.

The meeting was also apprised that the Ministry of Finance, Government of India, has approved a borrowing power of ₹2,300 crore from NABARD for Haryana during 2026-27 under Article 293(3) of the Constitution of India.

The Water Secure Haryana Program was also discussed as a major opportunity for NABARD assistance. The programme has a total project cost of about ₹5,714 crore, comprising around ₹4,000 crore of World Bank assistance and ₹1,714 crore as the State Government’s contribution.

All news on Encounter News is computer-generated and sourced from third parties. Please read and verify carefully. We will not be responsible for any issues. 

Encounter News
Encounter News
Encounter Media Group

Latest Articles

Haryana Government Approves Eight New Sub-Health Centres in Nuh District

Chandigarh: In a major step towards strengthening healthcare infrastructure and making...

Prime Minister Narendra Modi Has Transformed the Lives of Ordinary Citizens Through Welfare Schemes

Chandigarh: Haryana Energy, Transport and Labour Minister Anil Vij said that...

Haryana targets 100% coverage in Census 2027

Chandigarh: Setting an uncompromising target of 100 per cent population coverage,...

Robust Arrangements in Place to Ensure Every Grain of Farmers’ Produce

Chandigarh: Haryana Agriculture and Farmers’ Welfare Minister Shyam Singh Rana said...

Haryana Cabinet Approves Upgradation of Mining Guard Posts from Group-D to Group-C

Chandigarh: The Haryana Cabinet, under the chairmanship of Chief Minister Nayab...

Haryana Cabinet Clears Faster Approvals for Har-Hith Stores in Villages

Chandigarh: To accelerate the expansion of Har-Hith Stores in villages, the...

Comments

LEAVE A REPLY

Please enter your comment!
Please enter your name here