THE MINISTER OF STATE IN THE MINISTRY OF FINANCE (SHRI BALASAHEB VIKHE PATIL) ;
(a) National Bank for Agriculture and Rural Development (NABARD) has reported that it has
sanctioned an amount of Rs. 1174.69 crore to Karnataka till 31 March 2001 under various
tranches of Rural Infrastructure Development Fund (RIDF) for completion of roads, bridges
and minor irrigation projects.
(b) and (c) The project proposal submitted for sanction to NABARD indicate details of
utilisation of the loan for individual project/purposes like rural roads, bridges, minor
irrigation, etc. together with phasing of project implementation. Disbursements are effected
by NABARD against actual work done and the implementation is periodically monitored by NABARD.
The progress of implementation is also review by the State Level High Power Committee under
the Chairmanship of Chief Secretary. So far. NABARD Has disbursed Rs. 621.33 crore to the
Karnataka State under RIDF for various prgjects.
(d) NABARD has reported that most of the roads and bridges sanctioned under R1DF-II, III and
IV have been completed. The roads and bridges sanctioned under RIDF-V and VI are Likely to
be completed by 31 March 2002 and 31 March 2003 respectively.