NABARD sanctions Rs 150 crore under RIDF

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Hyderabad, Nov 30 (UNI) National Bank for Agriculture and Rural Development(NABARD) today sanctioned Rs 150.27 crore as loan to the Andhra Pradesh Government for implementing comprehensive land development projects.

A press release said here, the projects had been sanctioned under Rural Infrastructure Development Fund (RIDF) by the sanctioning committee at a meeting held in New Delhi, yesterday.

With the present sanction, the aggregate loan sactioned by the NABARD to the State in 2007-08 under RIDF stands at Rs 425.12 crore, the release added.


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