NABARD allocates Rs 6 bn for rural infra projects in Himachal Pradesh

03 Oct 2022 CW Team

The National Bank for Agriculture and Rural Development (NABARD) has authorised 113 projects in Himachal Pradesh totaling Rs 6 billion under the Rural Infrastructure Development Fund (RIDF).

26 drinking water supply schemes, 30 minor irrigation schemes, 40 rural roads, four bridges, and 13 sewerage schemes have been approved.

According to estimates, Rs 2 billion has been sanctioned for 40 rural roads and four bridges, which will be used to create 103.65 km of roads and rehabilitate and upgrade 132.89 km of roads.

An amount of Rs 1.2 billion has been sanctioned for 13 sewerage projects, which will benefit of 65,000 people. Besides, Rs 1.18 billion has been sanctioned for 26 rural drinking water supply schemes, which will benefit 2.94 lakh people.

Around 30 minor irrigation projects worth Rs 1.68 billion have also been approved.

Also Read
Thiruvananthapuram to scrap over 30 smart road projects
MoRTH okays release of Rs 5.62 bn for Akhnoor-Poonch NH

Infrastructure Transport

20 Jun 2025

Dassault To Build Falcon Jets In India With Reliance

Reliance Infrastructure Ltd鈥檚 subsidiary, Reliance Aerostructure, has signed an agreement with France鈥檚 Dassault Aviation to manufacture Falcon 2000 business jets in India, with the first batch expected to roll out from its Nagpur facility by 2028. This marks the first time a Falcon aircraft will be entirely built outside France.The announcement sent Reliance Infrastructure shares surging, hitting the 5 per cent upper circuit on the BSE. Anil Ambani, Chairman of Reliance Group, hailed the agreement as a 鈥渟ymbol of India鈥檚 technological and manufacturing strength鈥�, adding that it aims..

Infrastructure Urban

20 Jun 2025

INDEA Lays Foundation for India鈥檚 First Auto Design School

The Indian School for Design of Automobiles (INDEA), the country鈥檚 first institute focused solely on automobile design and management, held its foundation stone ceremony at XLRI Delhi-NCR. The event was graced by Union Minister for Road Transport and Highways, Nitin Gadkari, who virtually unveiled the stone as Chief Guest.INDEA aims to become a premier talent hub, driving innovation in the Indian automotive sector. The school will focus on advanced design, mobility solutions, and sustainable practices, playing a vital role in shaping India鈥檚 transition from a cost-driven to a quality-led a..

Infrastructure Transport

20 Jun 2025

Karnataka Launches Global Innovation Hub at Airport City

The Government of Karnataka, in collaboration with Bengaluru Airport City Limited (BACL) and ANSR, has launched a global innovation hub named District I at Bengaluru Airport City's business park. The initiative aims to elevate India鈥檚 innovation ecosystem to a global scale by fostering collaboration among startups, academia, enterprises, and government bodies.District I will serve as a platform for deep-tech entrepreneurship, enterprise innovation, and commercialisation of academic research. It brings together Global Capability Centres (GCCs), IT firms, corporate labs, startups, venture capi..