GANGTOK, Aug 31 � The National Bank for Agriculture and Rural Development (NABARD) has sanctioned Rs 248.49 lakh against a total project cost of Rs 272.53 lakh to Sikkim for implementation of two infrastructure projects under RIDF-XVI. The projects sanctioned relate to one rural road and one rural market infrastructure in East district.
The cumulative sanction under RIDF XVI during 2010-11 has aggregated Rs 72.56 crore involving a total project cost of Rs 83.62 crore, for implementation of 36 projects relating to 23 roads, Rural Market Infrastructure (5), Rural Drinking Water Scheme (5) and Flood Protection Works (3).
