National Bank for Agriculture and Rural Development (NABARD) has sanctioned 400.64 crore rupees to the Union Territory of Jammu and Kashmir. This sanction is for giving a boost to the infrastructure in the rural areas of J&K.
An amount of 143.66 crore rupees has been sanctioned for implementation of 38 water supply schemes. The sanction includes augmentation of 27 existing water supply schemes and construction of 11 new water supply schemes. These water supply schemes are aimed at providing safe and potable drinking water to rural households.
The schemes will benefit over 3.5 lakh people across 86 villages in 17 districts. An amount of 47.11 crore rupees has been sanctioned towards improving the Animal and Sheep Husbandry sectors. It includes the construction of Cattle Breeding Farm at Chatha Jammu.
NABARD has also sanctioned 209.87 crore rupees for construction of 82 rural roads and 3 bridges earlier this year. The construction of roads and bridges would provide all-weather improved connectivity to 461 remote villages. The funding is a part of the NABARD’s Rural Infrastructure Development Fund (RIDF) which is aimed at augmenting rural infrastructure.
Important takeaways for all competitive exams:
Blue Origin successfully landed the reused booster of its New Glenn rocket for the first…
To take the India’s rich textile heritage to the global stage the Ministry of Textiles…
Central Bureau of Investigation (CBI) has introduced the AI-powered chatbot named ‘Abhay’. This platform will…
India is famous for its beautiful handicrafts and traditional metal work. Many cities are known…
Respectable Dr. Ch. Srinivasa Rao was awarded the 9th Prof. M.S. Swaminathan Award on April…
The Former Union Minister Dinesh Trivedi has been appointed as the India's High Commissioner to…