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Centre gives nod to NABARD to raise funds for projects


Centre gives nod to NABARD to raise funds for projects
Centre gives nod to NABARD to raise funds for projects
For Making Loan From NABARD Attractive For The States, It Was Decided That The Rate Of Interest May Be Kept At Around 6 Per Cent By Requisite Cost-free Funds To NABARD Every Year From 2016-17 To 2019-20, On Which The Interest Cost Would Be Borne By The Government Of India
PTI
| Updated on: 16 Aug 2017, 10:43:37 PM
New Delhi:
The Centre on Wednesday gave its nod to the National Bank for Agriculture and Rural Development(NABARD) to raise extra budgetary resources (EBR), up to Rs9,020 crore, through bonds during the current fiscal to fund ongoing irrigation projects under the Pradhan Mantri Krishi Sinchayee Yojana (PMKSY). ....

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India will have to spend more to provide tap water to all its rural homes


In a series leading up to the budget, we explain how critical sectors and important schemes are being funded by the government. In this fourth part of the series, we explain how funds have been allocated to drinking water and surface water schemes such as river cleaning, conservation and irrigation over the last five years, and what more needs to be done.
Water is crucial for agriculture, industry and homes, but in this explainer, we focus mostly on drinking water and sanitation, which gets the bulk of the allocation. The government is running a
mission-mode project to ensure that piped water reaches all villages in India by 2024. ....

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