- In this regards, GOI has sanctioned a loan of Rs 3,971 crores at a subsidised interest rate under micro-irrigation Fund (MIF).
- The MIF is created by National Bank for Agriculture and Rural Development (NABARD) for implementing micro-irrigation projects.
- In FY 2019-20, GOI created MIF with a Corpus of Rs 5,000 crores with an aim to provide subsidized loan for Indian states for increasing their coverage of micro-irrigation.
- Static Part:
- HQ of NABARD: Mumbai
- Chairman of NABARD: Dr G.R. Chintala
- Lakes in Tamil Nadu: Berijam Lake, Kaliveli Lake, Kaveripakkam Lake, Kodaikanal Lake, Ooty Lake, Perumal Eri, Sholavaram Lake, Singanallur Lake, Veeranam Lake
Question:
Q.1 Recently GOI has sanctioned a loan of Rs 3,971 crores at a subsidised interest rate under micro-irrigation Fund (MIF) to which Indian state?
a. Assam
b. Maharashtra
c. Tamil Nadu
d. Kerala
a. Assam
b. Maharashtra
c. Tamil Nadu
d. Kerala
