The National Bank for Agriculture and Rural Development (Nabard) has sanctioned a loan of Rs 30.61 crore to the Haryana State Warehousing Corporation for construction of nine foodgrain godowns with a storage capacity of 97,796 tonnes.

These facilities will be set up in Jind, Hisar, Kaithal, Palwal, Karnal and Panipat under the Rural Infrastructure Development Fund (RIDF)-XVIII 2012-13, said K. Sayeed Ali, Chief General Manager, Nabard (Haryana).

“The construction of these godowns will benefit farmers of 24 villages attached to nine mandis of these districts, storing food grains harvested by the farmers in a scientific and hygienic manner,” he said.

The construction of new godowns would reduce post-harvest loss of grains to an extent of about 6 per cent. The implementation of the project by HSWC would also generate about 6.12 lakh man-days of non-recurring employment and around 51 man-days of recurring employment, he said.

With this, Nabard has sanctioned RIDF loans of Rs 348 crore till date during 2012-13.

The total RIDF assistance sanctioned to the State Government and HSWC under RIDF, since inception of the RIDF in 1995-96, has now reached to Rs 3,857 crore and an amount of Rs 2,507 crore has been disbursed.

(This article was published on March 14, 2013)
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