RIDF Funding to Boost Irrigation, Roads, Drinking Water and Rural Connectivity Across the State
Chandigarh (Economy India): The National Bank for Agriculture and Rural Development (NABARD) has sanctioned nearly ₹15,056 crore under the Rural Infrastructure Development Fund (RIDF) for 6,175 rural infrastructure projects in Haryana, providing a major boost to the state’s efforts to strengthen agriculture, connectivity, and essential public infrastructure.
The announcement was made during NABARD’s 45th Foundation Day celebrations in Chandigarh, where Haryana Chief Secretary Anurag Rastogi attended as the chief guest.
Massive Investment in Rural Development
The sanctioned projects aim to improve critical rural infrastructure across Haryana, including:
- Irrigation systems
- Rural roads and connectivity
- Drinking water supply
- Agricultural infrastructure
- Community assets and public facilities
The investment is expected to improve the quality of life in villages while supporting sustainable agricultural growth and rural economic development.
NABARD’s Role in Rural Transformation
Speaking at the event, Chief Secretary Anurag Rastogi praised NABARD’s contribution to Haryana’s development, stating that the institution has become a vital partner in accelerating rural transformation.
He noted that NABARD has played a significant role in:
- Strengthening the state’s agricultural economy.
- Financing infrastructure development.
- Improving rural livelihoods.
- Enhancing access to basic amenities.
- Supporting long-term economic growth.
Rural Infrastructure Development Fund
The Rural Infrastructure Development Fund (RIDF) was established to finance state governments and rural development agencies for creating essential infrastructure in underserved areas.
Projects financed under RIDF typically focus on:
- Rural transportation networks.
- Minor irrigation projects.
- Bridges and public infrastructure.
- Drinking water facilities.
- Flood protection works.
- Agriculture-related infrastructure.
The fund has become one of India’s most important mechanisms for improving rural infrastructure and boosting inclusive development.
Benefits for Haryana
The latest funding is expected to deliver multiple benefits, including:
- Better irrigation facilities for farmers.
- Improved rural road connectivity.
- Enhanced drinking water availability.
- Increased agricultural productivity.
- Greater employment opportunities during project execution.
- Improved access to education, healthcare, and markets.
The ₹15,056 crore sanction reinforces NABARD’s commitment to strengthening rural infrastructure and supporting Haryana’s agricultural and economic development. As projects are implemented, the investment is expected to contribute significantly to rural prosperity, infrastructure modernization, and inclusive growth across the state.
(Economy India)
