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Nabard approves Rs 65,635 crore loan for 93 irrigation projects
The Nabard is funding the central and state share of 99 prioritised irrigation projects under the PMKSY through long term irrigation fund (LTIF). It is mandated to provide Rs 70,000 crore loan to these projects to be completed by 2019. Already, Rs 23,402.72 crore has been disbursed for 86 projects, which includes the central share of 15,242.02 crore and state share of Rs 8,160.70 crore. The Nabard chief said that so far, 18 projects have been completed and about seven projects are nearing to completion.
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