Compared to its neighbours, Tamil Nadu and Andhra Pradesh, Karnataka lags behind in both sanctions and disbursal of funds under the Rural Infrastructure Development Fund (RIDF) of the National Bank for Agriculture and Rural Development (Nabard).
Since the inception of RIDF in 1995-96, the Government of Karnataka has got a sanction of Rs 6,416.23 crore till the end of November 2011. The disbursal of funds during the same period is about Rs 4,513.33 crore, which is 70.34 per cent of the sanctions. This puts the state behind Tamil Nadu and Andhra Pradesh, according to Nabard officials.
Andhra Pradesh tops in the total sanctions at Rs 13,004.86 crore, while Tamil Nadu has got a sanction of Rs 8,228.53 crore from 1995-96 to November 30, 2011. Andhra Pradesh has received Rs 9,772.26 crore, about 75.14 per cent of the amount sanctioned and Tamil Nadu got Rs 6,722.54 crore, about 81.70 per cent of the total sanctions.
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