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NABARD Sanctioned Rs 388 crore for Projects in Odisha

Published on July 04, 2021
Current Context: The NABARD has sanctioned an amount of Rs 388 crore for the drinking water and road projects in Odisha.
NABARD Sanctioned Rs 388 crore for Projects in Odisha
  • The amount was sanctioned under the Rural Infrastructure Development Fund (RIDF).
  • The state will use the amount to set up four mega piped drinking water supply projects and upgrading 20 village roads across 15 districts in the state.
  • The four mega piped drinking water supply projects will be developed in districts of one in Koraput, one in Balasore and two in Malkangiri district.
  • These projects will provide 70 LPCD (litre per capita per day) clean, safe, hygienic potable drinking water to the community through a functional household tap connection (FHTC) with eight hours of water supply.
  • The road construction or upgradation project will prove beneficial to 1.52 lakh people.
  • Static Part: 
    • HQ of NABARD: Mumbai
    • Chairman of NABARD: Govinda Rajulu Chintala
    • Dams in Odisha: Hirakud Dam (Mahanadi River), Rengalidam (Brahmani River), Jalaput Dam (Machkund River), Mandira dam (Sankh river)

Question: 

Q.1 Which entity offered financial assistance of Rs 388 crore to Odisha to set up four mega piped drinking water supply projects and upgrading 20 village roads across 15 districts in the state?
a. New Development Bank
b. EXIM Bank
c. NABARD
d. SBI

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