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NABARD sanctioned Rs 2891.15 lakh to Goa

Published on July 08, 2021
Current Context: The NABARD has sanctioned a loan to Goa under the Rural Infrastructure Development Fund (RIDF).
NABARD sanctioned Rs 2891.15 lakh to Goa
  • The NABARD has sanctioned Rs 2891.15 lakh as a loan amount to the state government.
  • The loan amount was sanctioned for ‘Construction of Phase II Building of Goa Dental College and Hospital, Bambolim, Goa’.
  • This will help to improve health standards in the state.
  • The RIDF was set up in 1995-96 by GOI. It grants low-cost financial assistance to state governments and state-owned corporations. With this support, the state government can improve the infrastructure, agriculture, social sector and rural sector etc. of the state. The RIDF is maintained by NABARD.
  • Static Part: 
    • HQ of NABARD: Mumbai
    • Founded: 1982
    • Chairman of NABARD: Govinda Rajulu Chintala
    • Wild Life Sanctuaries in Goa: Bondla Wildlife Sanctuary, Cotigao Wildlife Sanctuary, Mhadei Wildlife Sanctuary, Bhagwan Mahaveer Sanctuary, Netravali Wildlife Sanctuary

Question: 

Q.1 In July 2021, which financial organisation sanctioned a loan of Rs2891.15 lakh to Goa for ‘Construction of Phase II Building of Goa Dental College and Hospital, Bambolim, Goa’?
a. SBI
b. NABARD
c. ICICI Bank 
d. EXIM Bank
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