The National Bank for Agriculture and Rural Development (NABARD) has sanctioned loan Value Rs. 19,702 crore into National Water Development Agency (NWDA).
The loan will be given via NABARD's Long Term Irrigation Fund (LTIF) to get 50 irrigation jobs from 11 States.
This loan is going to be a part of the Central share of assistance to State Governments.
It'll guarantee front-loading of tools to ensure that the recognized pristine irrigation projects under Pradhan Mantri Krishi Sinchai Yojna (PMKSY) are implemented in time.
Loan introduced by NABARD into NWDA will be disbursed to the various State Governments as Primary Chat in the projects sanctioned.
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