Naveen Calls For More NABARD Fund For Disaster Resilient Infra In Rural Odisha

Bhubaneswar: Chief Minister Naveen Patnaik on Thursday stressed on increasing NABARD fund for building disaster resilient rural infrastructure in the state.

The chief minister discussed the issues for strengthening rural infrastructure with NABARD chairman Dr GR Chintala during a meeting at Naveen Niwas, here. Naveen highlighted the efforts of the state government to reduce poverty and ensure rapid infrastructure development in rural sector.

Keeping the recurring natural disasters in view, the chief minister emphasised the role of low cost credit support from NABARD through Rural Infrastructure Development Fund (RIDF) and Long Term Irrigation Fund (LTIF) for building disaster resilient rural infrastructure.

Appreciating the newly launched scheme, Rural Infrastructure Assistance to States (RIAS), he hoped that it will increase project-based financing for roads, bridges and in-stream storage structure.

Dr Chintala appreciated the initiatives of the state to strengthen infrastructure and various livelihood programmes in farm and non-farm sectors.

Secretary to CM (5-T) VK Pandian and officers of NABARD were present.