# Business

NABARD sanctions Rs 220.50cr to Odisha govt under RIDF

The National Bank for Agriculture and Rural Development (NABARD) has sanctioned Rs 220.50 crore to the Odisha government under the Rural Infrastructure Development Fund (RIDF), officials said on Wednesday.

IANS | Bhubaneswar | November 16, 2022 5:42 pm

NABARD sanctions Rs 220.50cr to Odisha govt under RIDF

The National Bank for Agriculture and Rural Development (NABARD) has sanctioned Rs 220.50 crore to the Odisha government under the Rural Infrastructure Development Fund (RIDF), officials said on Wednesday.

NABARD has sanctioned the fund for the construction of 57 flood protection projects and one bridge in a rural area.

The projects will help districts including Kendrapara, Bolangir, Kalahandi, Nuapada, Rayagada, Boudh, Nayagarh, Jajpur, Khurda, and Sonepur, a NABARD official said here on Wednesday.

The state water resources department would execute the projects for the protection and restoration of river banks at 57 identified stretches on 32 different rivers/creeks for restoration/stabilisation of agricultural land, and standing crops, and providing flood relief operations by the construction of one rural bridge, he said.

The major items of work for flood protection include repairing & strengthening of scoured banks of the rivers 50.69 km, construction of launching aprons and stone packing of the slope of embankments, raising and strengthening of embankments (107.74 km), construction of cement concrete guard wall, etc, construction of 93 new spurs, provision of the road on embankments for a total length of 57.78 km.

Besides, a box cell bridge will be constructed over Sankha creek in Jagatsinghpur district. The creek has sluices to prevent saline ingress into the farmlands at Patua and Baghadi, respectively.