THE MINISTER OF STATE IN THE MINISTRY OF FINANCE
(a):Some important schemes implemented by Ministry of Rural Development in the Government of India for the development of rural infrastructure in the country are as follows: -
(i) Pradhan Mantri Gram Sadak Yojna (PMGSY): Pradhan Mantri Gram Sadak Yojna was started in the year 2000 with the objective to provide all-weather road connectivity to eligible unconnected habitations. The implementation of the ongoing PMGSY has helped immensely in lifting the socio-economic condition for rural masses by providing them access to the various services and facilities, market place and employment opportunities in various forms.
(ii) Pradhan Mantri Awaas Yojna -Gramin (PMAY-G): To achieve the objective of “Housing for All” by 2022, the Pradhan Mantri Awaas Yojna- Gramin has been launched with effect from 1st April, 2016 to provide assistance to eligible rural households for construction of 2.95 Crore Pucca houses with basic amenities by March, 2022.
In addition, the following are some important schemes implemented by the NABARD for the development of critical rural infrastructure in the country: -
(i) Rural Infrastructure Development Fund (RIDF): The Government of India had set up Rural Infrastructure Development Fund (RIDF) in NABARD during 1995-96, with the objective of providing loans to the States to enhance public investments in rural infrastructure projects prioritized by the State Governments. The 39 eligible activities under RIDF are broadly classified under three categories as (i) Agriculture and related sector, (ii) Social sector and (iii) Rural Connectivity.
(ii) Long Term Irrigation Fund (LTIF): Long Term Irrigation Fund (LTIF) was operationalized in NABARD since 2016-17 for fast tracking completion of GoI identified medium and major irrigation projects. Under LTIF, NABARD provides loan to National Water Development Agency (NWDA), a SPV of GoI, towards Central Share (CS) and to participating States towards State Share (SS).
(iii) Micro Irrigation Fund (MIF):Micro Irrigation Fund with a corpus of Rs.5000 crore has been operationalized from 2019-20 in NABARD with an objective to facilitate State Govts. efforts in mobilizing additional resources for expanding coverage under micro irrigation and incentivizing its adoption beyond provisions of Pradhan Mantri Krishi Sinchayee Yojana – Per Drop More Crop (PMKSY-PDMC). The corpus under MIF has been augmented by another Rs. 5000 crore, as announced in Union Budget 2021-22.
(iv) Dairy processing and Infrastructure Fund (DIDF):DIDF was created in NABARD pursuant to an announcement made in Union budget 2017-18. The objective of the fund is to modernize the dairy infrastructure in cooperative sector to enhance the efficiency in milk processing and will ensure better price realization to the dairy farmers.
(v) Fisheries and Aquaculture Infrastructure Fund (FIDF):Fisheries and Aquaculture Infrastructure Development Fund (FIDF), launched in 2018-19, envisages infrastructure support to State Governments for development of fish harbors, fish landing centre, modernized fish seed farms, modern fish markets, disease diagnostic laboratories etc.
(b):The state and UT wise details of amount sanctioned under Rural Infrastructure Development Fund during the last three financial years, are given in Annexure I.
(c):The year-wise and district-wise details of amount sanctioned under RIDF for Jharkhand (including districts of Santhal Paragana Division) during the last three years and the current financial year, are given in Annexure II.
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