(a) whether it is a fact that the National Bank for Agriculture and Rural Development
has decided to take up works worth Rs. 135 crore during 2001-2002;
(b) if so, whether the Bank has already taken up works worth Rs. 120 crore last year;
(c) if so, to what extent it has achieved success in the last year;
(d) the works likely to be undertaken during 2001-2002; and
(e) by when they are likely to be completed?
THE MINISTER OF STATE IN THE MINISTRY OF FINANCE (SHRI BALASAHEB VIKHE PATH):
(a) to (e) Presumably, the Hon`ble Member is referring to the works taken up by the
National Bank for Agriculture and Rural Development (NABARD) under Rural Infrastructure
Development Fund (RIDF). NABARD has reported that it has sanctioned an amount of Rs. 19593
crore under various tranches of RIDF to 28 State Governments and the disbursements to State
Governments there against aggregate to Rs. 9784.64 crore as on 3 August, 2001. During the
year 2001-2002, creation of infrastructure in various sector viz. irrigation, roads and
bridges, mini-hydel, rural water supply, soil moisture conservation, watershed development,
primary school buildings, rural markets, flood protection and drainage, information
technology and system improvement projects are to be taken up. Further, projects from the
State Governments for utilization under the programme are awaited. Loans out of RIDF to
the extent of Rs. 3176.85 crore have been utilized by the State Governments during the year
2000-2001 for creation of rural infrastructure in sectors viz. minor, medium and
major irrigation, rural roads and bridges, watershed, flood protection, market yards,
primary schools, command area development authority, drainage, fishing harbour and others.
The utilization of loan from RIDF have to be completed as per schedule given below:
Tranche Date of Closure RIDF-II 31 December 2001 RIDF-III 31 March 2002 RIDF-IV 31 March 2002 RiDF-V 31 March 2002 RIDF-VI 31 March 2003 RIDF-VII 31 March 2004