RIDF sanctioned projects significantly contributed to socio-economic development in rural areas: Chief Secretary

RIDF sanctioned projects significantly contributed to socio-economic development in rural areas: Chief Secretary

Reviews progress of NABARD funded projects

SRINAGAR: To review the status of projects funded under Rural Infrastructure Development Fund (RIDF) of NABARD, Chief Secretary, B B Vyas on Thursday chaired the 1st High Powered Committee meeting – 2017-18, an official press note issued here read.
Principal Secretary, Agriculture Production, Principal Secretary to Chief Minister, Commissioner/Secretary, PW(R&B), Commissioner/Secretary, Animal & Sheep Husbandry, Commissioner/Secretary, PHE/I&FC, Chief General Manager, NABARD and other senior officers participated in the meeting.
According to the press note, for the financial year 2017-18, under RIDF, Rs 400 crore normative allocations have been sanctioned for projects in R&B, PHE, I&FC, Health, Animal & Sheep Husbandry and Agriculture sectors.
For preparation and submission of DPRs and Project Completion Reports (PCRs), the committee set up a deadline of 15th September, 2017 with focus on developing innovative projects related to revival of traditional water bodies, irrigation facilities in Kandi areas, field channels, developing ware housing facilities along ring roads, etc, it added.
“RIDF sanctioned projects have significantly contributed to the socio-economic development in rural areas and have enabled the state government to fund major rural infrastructure projects, which otherwise could not have been taken up due to limited financial resources,” Vyas said while enumerating the benefits of NABARD’s support for creation of rural infrastructure through RIDF.
He stressed upon the implementing agencies to expedite the work on all projects to be completed during the year 2017-18. “Incomplete projects of earlier tranches should be reposed under current tranche to ensure completion of balance work,” further stressed Vyas. While underscoring the need for regular monitoring and cooperation between NABARD and concerned departments for the successful implementation of RIDF during 2017-18, he urged the administrative secretaries to personally review the progress of projects on monthly basis and ensure that Project Completion Reports (PCRs) were submitted on time to the Government of India.
“Have the details of ongoing NABARD funded projects uploaded on their departmental websites along with photographs,” Vyas asked the concerned administrative urging them to explore the possibility of geo-tagging of NABARD assets.
Detailed discussion to address various issues relating to fund flow and gaps, non-starter and slow moving projects and submission of quarterly expenditure was also held during the meeting. The Committee will again meet to review the progress in the first week of October, 2017.

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