Current Affairs PDF

NABARD Approves Rs 254 Crore For Drinking Water Projects In Odisha

AffairsCloud YouTube Channel - Click Here

AffairsCloud APP Click Here

Nabard sanctions Rs 254 crore for drinking water projects in Odisha

The National Bank for Agriculture and Rural Development (NABARD) has sanctioned a Rural Infrastructure Development Fund (RIDF) of Rs 254 crore for setting up two mega piped drinking water supply projects in Odisha.

Key Points:

i.The two mega projects will come up in two districts,

  • Jajpur district which will cover Badachana and Dharmasala blocks
  • Puri district which will cover Brahmagiri and Krushnaprasad blocks.

ii.70 litre per capital per day(LPCD) clean, safe hygienic portable drinking water will be provided at the consumer end.

iiii.The water supply will be provided through Functional Household Tape Connection (FHTC) with eight hours of supply in the project area.

iv.On completion these projects will provide clean and safe drinking water to 8.78 lakh rural population across 1.37 lakh household in 565 villages of the Odisha

Note:

The projects will help in achieving the goal of providing drinking water to the rural population by 2022

Recent Related News:

On 5th March 2021, GR Chintala, the Chairman of the NationalBank of Agriculture and Rural Development (NABARD) took over as the Chairman of Asia Pacific Rural and Agricultural Credit Association(APRACA). He succeeds DPK Gunasekera,General Manager of Bank of Ceylon(BOC).

About National Bank for Agriculture and Rural Development (NABARD):

NABARD was established on the recommendations of the B.Sivaraman Committee (by Act 61, 1981 of Parliament) to implement the National Bank for Agriculture and Rural Development Act 1981.
Established – 12 July 1982
Chairman– Govinda Rajulu Chintala
Headquarters – Mumbai, Maharashtra