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The National Bank for Agriculture and Rural Development (Nabard) has sanctioned Rs 707.24 crore to Maharashtra to develop roads and bridges, minor irrigation, Kharland projects, construction of fish landing jetties and participatory watershed development projects in the State.
Of this, Rs 253.97 crore is for 12 minor irrigation projects in Latur, Solapur, Washim, Thane, Raigad, Nanded and Nagpur districts. This is towards the creation of an additional irrigation potential in 9,048 ha.
A sum of Rs 303.84 crore is for 63 road and 25 bridge projects in 28 districts that will create 150.57 km of roads and 3,418 metres of bridges connecting 334 villages, 146 marketing centres as also several tourist places, pilgrimage centres, etc.
RIDF projects
The new projects sanctioned under RIDF for the first time include Rs 23.72 crore for 32 Kharland projects to reclaim 4,520.38 ha saline land in the four coastal districts.
A sum of Rs 106.27 crore has been sanctioned for construction of 16 fish landing jetties in Mumbai, Mumbai suburban and Thane.
This will facilitate parking of vessels at the harbour even during low tide and enhance safety of fisherman as well. The investment activity includes construction of repair yard, toilet blocks and fish drying platforms.
With this sanction, the total amount of loan sanctioned to Government of Maharashtra under RIDF XVI aggregates to Rs 1,022.12 crore during 2010-11.
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