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NABARD sanctions Rs 155 crore to Kerala

Posted on Nov 12, 07:31PM | UNI

The National Bank for Agriculture and Rural Development (NABARD) has sanctioned Rs 155.83 crore from its Rural Infrastructure Development Fund to Kerala for construction of 24 rural roads and six rural bridges.

An official release said here today that the State Tourism Department would implement two rural road projects in Kottayam district and the remaining 28 projects by the Public Works Department.

These 137.24 km road projects would provide direct connectivity to about 77 villages and benefit a population of 1.82 million people. On implementation the projects are expected to generate 3.67 million mandays of employment.

Five bridge projects envisaged are new bridges and one bridge is proposed for reconstruction. The total length of the bridges is 488.34 metres.

It is estimated that on completion, these bridge projects would also reduce traveling distance by about 55 Km. The total cost of the projects is Rs.206.53 crore. With this the total sanctions during the year to Kerala stands at Rs.318.26 crore, NABARD Kerala Chief General Manager R Amalorpavanathan said in the release.