NABARD grant for 133 rural projects in Cuddalore district
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The National Bank for Agriculture and Rural Development (NABARD) has sanctioned funds to the tune of ₹146.64 crore for the implementation of as many as 133 rural infrastructure projects in Cuddalore district.
In a press launch, NABARD District Development Manager Vijay Neehar stated {that a} sum of ₹34.15 crore had been launched below the Rural Infrastructure Development Fund (RIDF) overlaying varied very important infrastructure projects for growth of Cuddalore district corresponding to rural roads and bridges, irrigation, faculties and veterinary projects.
According to the discharge, NABARD has additionally refinanced ₹348.20 crore to Cuddalore Cooperative Bank and ₹155.25 crore to Tamil Nadu Grama Bank for 2020-21. With NABARD grant assist, an built-in watershed administration scheme with local weather mitigation measures is being carried out in Kotteri, Narumanam, Koltankurichi, Thandakaranakuppam and Shri Adivarahanallur in the district.
In an effort to assist small and marginal farmers, NABARD has promoted two Farmer Producer Organisations (FPOs) in Kurunjipadi and Virudhachalam in the district with a grant assist of ₹16.80 lakh.
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