Question : ALLOCATION OF FUNDS UNDER RIDF

THE MINISTER OF STATE IN THE MINISTRY OF FINANCE
(SHRI NAMO NARAIN MEENA)

(a): The details of funds allocated and disbursed from the Rural Infrastructure Development Fund (RIDF) during the last three years are given as under:

(Rs. crore)
YEAR	ALLOCATION	SANCTIONS	DISBURSEMENT
2006-07	10,000.00	10,412.29	6,222.58
2007-08	12,000.00	12707.86	8,034.93
2008-09	14,000.00	14,707.84	10,458.64
TOTAL	36,000.00	37,824.99	24,716.15

The State-wise details of sanctions and disbursements for the last three years are given at Annex-I and the sector-wise details are at Annex-II.

(b): There are no projects pending for sanction by NABARD. However, there are non-starter projects pending at the State Govt. level for implementation. The State-wise details of non starter projects for the last three years is placed at Annex-III.

( c): The phasing of projects sanctioned under RIDF tranches are allowed upto 3 to 4 years and disbursements are made as reimbursement of expenditure incurred by the State Governments. To ensure timely completion of projects sanctioned under RIDF, pace of implementation is reviewed through monitoring mechanism such as desk and field monitoring and quarterly review by a High Power Committee chaired by the Chief Secretary of the concerned State Government.