The National Bank for Agriculture and Rural Development (NABARD) has approved a financial assistance of Rs 546.46 crore to Uttar Pradesh for various development projects under Rural Infrastructure Development Fund.

The loan had been sanctioned for construction and modernisation of 8,200 blast-wells covering eight districts, modernisation of 38 pump canals covering 19 districts of Eastern region in Uttar Pradesh.

Moreover, this loan is likely to cover 46 flood protection projects in different districts and a project on tree improvement under forestry sector.

The blast-well irrigation project in Bundelkhand and Eastern region is expected to create and restore irrigation over 24,600 ha benefiting mostly small and marginal farmers.

The modernisation of irrigation projects is likely to restore irrigation potential of 47,824 ha in Eastern region and the flood control projects will protect approx 1,15,359 ha agricultural land in 1,157 villages.

The forestry project aiming at creating infrastructure for production of quality planting material of forest trees is likely to help to enhance productivity of tree crops in forest and farm lands.

Also See:

NABARD funds to Punjab, Haryana for rural development (237-Oct-09)