Moving ahead with NDA GovernmentĂ´s focus on building infrastructure, Finance Minister Arun Jaitley in his budget speech announced introduction of tax-free infra bonds for railways and roads.Ă´We have increased the budgetary allocation to roads & railways,Ă´ said Jaitley.
Tag: Rural Infrastructure Development Fund
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Rs 64.16 cr Nabard loan to Haryana road projects
A loan of Rs 64.16 crore to Haryana has been sanctioned by the National Bank for Rural and Agriculture Development (Nabard) Haryana regional office for six rural road projects under the Rural Infrastructure Development Fund (RIDF) in 2013-14.
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Rs 115 cr Nabard loan to Goa for Chapora bridge
Under its Rural Infrastructure Development Fund (RIDF) the National Bank for Agriculture and Rural Development (Nabard) has sanctioned a loan of 115 crore to the Goa government for construction of one rural bridge.
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Nabard Loan For K'Taka
Under the Rural Infrastructure Development Fund (RIDF XVIII), Karnataka received Rs 236.18 crore loan from the National Bank for Agriculture and Rural Development (Nabard). Through this loan, the state government would carry out 82 minor irrigation projects, 189 rural road projects and 42 rural bridge projects in the state.
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Orissa to seek Rs 13 bn from Nabard for rural projects
Under the18th tranche of Rural Infrastructure Development Fund (RIDF), Orissa government may seek Rs 1,300 crore from National Bank for Agriculture & Rural Development (Nabard).
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Karnataka records less utilisation of Nabard funds
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).
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Budget 2011-12: Infra on higher pedestal
The government intends to spend Rs 214,000 crore on infrastructure, 23.3 per cent higher than the allocations in 2010-11, accounting for major share of 48.5 per cent of the gross budgetary support to the central plan.