03 February 2017 Current Affairs: National Bank for Agriculture and Rural Development (NABARD) on February 2, 2017 sanctioned a loan amount of Rs. 157 crore to the Government of Haryana to undertake drinking water project.
Under the project, the government would undertake drinking water supply scheme in 84 villages of districts Palwal and Faridabad.
As per the project, portable drinking water would be supplied in selected villages in blocks Prithla, Palwal and Ballabhgarh from Yamuna flood plain by constructing ranney wells and deep tubewells.
The project is likely to benefit 3,06,814 persons. The loan amount has been sanctioned from the Rural Infrastructure Development Fund (RIDF).
Till date NABARD has provided Rs 5,794 crore assistance to Harayana government under RIDF since its inception in 1995-96.