WBXPress

RIDF


Release of Rural Infrastructure Development Fund (RIDF), 2022-23

December 6, 2022

Governor has now been pleased to decide to release further fund of Rs. 714.50 Crore relating to State Development Scheme under relevant heads of account earmarked for RIDF Projects.

Delegation of Power i.c.w. Departmental Approval under RIDF

December 6, 2022

In all cases the RIDF projects identified for sanction of NABARD are sent to Finance Department for technical examination by its RIDF wing. Considerable time is spent in this process leading to delay in the submission and sanction of projects by NABARD.

Sanction and Release of RIDF Fund by the Administrative Dte

December 6, 2022

The Additional Chief Secretary/ Principal Secretary/ Secretary of the administrative department can approve release of RIDF fund after processing of the same by the departmental Financial Advisor (FA).