NABARD Approves 127 Projects Worth Rs.903.21 Crore in Himachal Pradesh

Current Context: The National Bank for Agriculture and Rural Development (NABARD) approved 127 projects worth ₹903.21 crore for Himachal Pradesh on February 3, 2025.

• These projects aim to boost rural infrastructure and support sustainable development in the state.
• Here are the key details:
• Project Breakdown: The approved projects include 50 MLA-priority schemes under the Public Works Department worth ₹412.75 crore and 23 MLA-priority schemes under the Jal Shakti Vibhag worth ₹179.07 crore.
• Major Initiatives: Notable projects include the establishment of a 1.5 LLPD capacity dairy processing plant in Kangra district and 96 electric bus charging stations.
• Rural Infrastructure Development Fund (RIDF): The state government has allocated ₹1,087.77 crore under the RIDF for 2024-25, marking a 5.28% increase from the previous year.
• Future Plans: Over the next three years, the state government plans to introduce various schemes to strengthen the rural economy and generate employment opportunities for local youth.
• Tourism and Anti-Drug Initiatives: Efforts are underway to boost tourism in the state, with a focus on religious and tea tourism. The government is also working to root out the drug mafia from the state.

Question:

1 What is the total amount approved by NABARD for projects in Himachal Pradesh?

• A) ₹1,087.77 crore
• B) ₹903.21 crore
• C) ₹412.75 crore
• D) ₹179.07 crore

Answer: B) NABARD approved 127 projects worth ₹903.21 crore for Himachal Pradesh on February 3, 2025. The amount reflects the total funding allocated for these projects.