Odisha Tops RIDF List

Odisha has topped the list in Rural Infrastructure Development Fund (RIDF) performance in the fiscal year 2017-18.

This came to fore at a meeting held under the chairmanship of Development Commissioner R Balakrishnan at the State Secretariat today.

The committee further recommended additional 14,346 projects estimated at around Rs 10,328 crore for the year 2018-19. Reviewing the performances during the year 2017-18, the Development Commissioner directed various departments to expedite raising of their claims to NABARD against the ongoing projects. He further directed to expedite submission of the DPRs of the spillover and newly sanctioned projects.
Available data show that RIDF is being implemented for completion of the ongoing and incomplete infrastructure development projects in the State. The fund is being supported by RIDF corpus managed by NABARD and State Government’s own contribution in almost 85:15 share basis.

During the year 2017-18, a total number of 14,455 projects estimated around Rs 5,514 crore were recommended under RIDF against which 2,351 projects worth Rs 2,539 crore were sanctioned.

Against the sanctioned amount of around Rs 2,539 crore, different departments utilized around Rs 3,872 crore during the year 2017-18 from State Government’s budgeted funds. 
It may be pertinent here to mention that claims against RIDF are generally raised to NABARD by the departments after making the actual utilization at the ground level.  

NABARD has disbursed around Rs 2,512 crore to State government from RIDF against the claims made by various departments during the year 2017-18 which is highest among all the States at national level.

As per the figures presented by NABARD, Odisha tops the list with Rs 2,512.36 crore disbursement followed by Gujarat with Rs 2,062.91 crore and Rajasthan with Rs 1,851.39 crore disbursement.
Presently, the infrastructure development projects under RIDF are being implanted through the departments of Agriculture & Farmers’ Empowerment (1,485) Water resources (671), Panchayati Raj & Drinking Water (175), Works (6)  and Rural Development making a grand total of 2,351 projects.  So far around 60 pc of the projects under RIDF  have been completed and balance projects are in progress.
Deputy Chief General Manager, NABARD Narayan Chandra Pani apprised that NABARD Regional Office , Bhubaneswar has been conferred the Best Performance Award for the year 2017-18 for diversified project lending in which RIDF is a major component.  

Principal Secretary General Administration Ashok Kumar Meena, Principal Secretary Water Resources Pardeep Kumar Jena, Principal Secretary Agriculture  Sourav Garg, Principal Secretary Commerce & Transport G Srinivas, Secretary Fisheries and Animal Resource Development Vishal Gagan, Additional Secretary Panchayati Raj Roopa Mishra, Additional Secretary Planning & Convergence Debendra Kumar Jena along with senior officers from NABARD and concerned departments participated in the discussions.

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