Rural Infrastructure Development Fund (RIDF)

RIDF was setup by Government of India in 1995-96 to finance the ongoing rural infrastructure projects in irrigation sector.This fund is maintained by NABARD .Subsequently, RIDF was made available for new projects as well and its ambit was broadened to cover almost all important aspects of rural infrastructure.

Domestic commercial banks donate to the Fund to the extent of their shortfall in stipulated priority sector lending to agriculture.The Fund provides loans to State Governments and State-owned corporations to enable them to complete ongoing rural infrastructure projects.

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