WBXPress


RIDF


Withdrawal of Ceiling on AA Limit for all RIDF/ WIF Works

Finance, , , ,

Governor is pleased to withdraw the Ceiling of Administrative Approval and Phasing for all RIDF/ WIF Heads of Account in AAFS module without limit restrictions.

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

Finance, ,

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.

Revision in Norms of AAFS in case of RIDF/ WIF Projects

Finance, , ,

System of sending the proposals sanctioned by NABARD to Finance Department for AAFS and also release of fund is discontinued.

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

Finance, ,

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

Finance, ,

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).