National Bank for Agriculture and Rural Development (NABARD) has approved an allocation of Rs230 crore for rural infrastructure projects in Mizoram.
Banking & Finance
National Bank for Agriculture and Rural Development (NABARD) has approved an allocation of Rs230 crore for rural infrastructure projects in Mizoram under RIDF XXVIII. NABARD started functioning in Mizoram as a sub-office in 1989 which was upgraded to a full-fledged Regional Office in 1992. Since the inception of the Rural Infrastructure Development Fund (RIDF) in 1995-96, NABARD has sanctioned aggregate loans amounting to Rs1744.51 crore involving 677 projects for critical rural infrastructure.
NABARD (National Bank for Agriculture and Rural Development) Founded- 12 July 1982
Chairman- Dr. G.R. Chintala
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