Agri Finance: Rs 2,112 crore to Gujarat government for irrigation projects from Nabard Home

National Bank for Agriculture and Rural Development (Nabard) has sanctioned Rs 2,112.34 crore to the Gujarat government under Rural Infrastructure Development Fund (RIDF) for the 'Saurashtra Narmada Avataran Irrigation (SAUNI)' yojna.

The sanctioned amount will be spent on two irrigation projects for firming up the irrigation potential of the reservoirs in the water-scarce Saurashtra region.

SAUNI yojana comprising of four link pipelines, has been prepared for beneficial use of additional one million acre feet flood water to fill about 115 existing dams of Saurashtra region. Of the four link pipelines, Nabard has sanctioned loan for two packages so far.

Under Sauni yojana, work of about 230 Km length of pipeline works are commenced since March 2014 and are under progress.

Source: http://www.business-standard.com /