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NABARD conducts Zonal Sensitization/review meet on RIDF
7/6/2024 11:21:24 PM

Early Times Report

SRINAGAR, July 6: State Projects Department NABARD, J&K regional office today organized one-day zonal level sensitization cum review meeting on Rural Infrastructure Fund (RIDF).
The meeting was chaired by Ashok Khokar, Chief Engineer R&B South Kashmir and Surinder Singh DGM, NABARD Srinagar Cell in the presence of AGM NABARD, Sanjeev Sharma and DDM NABARD, Rouf Zargar. The Superintendent Engineers, Executive Engineers and AEEs from R&B department from Anantnag, Kulgam, Pulwama and Shopian attended the meet. DDM NABARD, Rouf Zargar informed the meeting that there are currently 158 ongoing projects in South Kashmir which have been sanctioned to R&B by NABARD with a total sanctioned amount of Rs.692 Cr. Out of the total sanctioned amount, an amount of Rs.310 Cr has been disbursed till date.
Speaking on the occasion, DGM NABARD indicated that NABARD has been providing financial support to the State Governments and Union Territories for strengthening of rural infrastructure under RIDF. He stated that RIDF which started as a ‘last mile approach’ to facilitate completion of ongoing irrigation, flood protection & watershed management projects since 1995-96, has become more broad based over the years and as on date covers as many as 39 eligible activities. He highlighted that the disbursement against utilization certificates during the current financial year needs to be enhanced. Chief Engineer advised all the Executive Engineers to expedite submission of Utilization Certificates (UCs) for works completed. He emphasized on early grounding of projects, quarterly submission of UCs and submission of PCC/PCR after completion of projects.
Sanjeev Sharma and Shubham Suyal from State Projects Department NABARD answered various queries of the house about the RIDF sanction and disbursement process.
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