Home India Ministry of Finance Parliament Question: Funds for Infrastructural Development P...
Date: 2025-08-04 Category: Not Applicable State: Union Government Country: India

Parliament Question: Funds for Infrastructural Development Projects by NABARD

Issued by Ministry of Finance · Not Applicable

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Executive Summary & Key Takeaways

Executive Summary: This document presents the Finance Minister's response to Lok Sabha Starred Question No. 202 regarding funds allocated, sanctioned, and released by NABARD for infrastructural development projects. It details fund allocation through various schemes, including the Rural Infrastructure Development Fund (RIDF), and addresses concerns about fund reduction and equitable distribution. The statement was laid on the Table of the House on August 4, 2025. Key Points / Main Content: Funding and Allocation: NABARD provides loan assistance to State Governments for rural infrastructure projects through funds like RIDF, NIDA, RIAS, LTIF, MIF, FPF, WIF, and FIDF. RIDF allocation is based on funds from the Reserve Bank of India (RBI) from Priority Sector Lending (PSL) Shortfall. Other funds are provided based on proposals from State/UT Governments without yearly allocations. Annexure I provides details of funds allocated, sanctioned, and released under RIDF. Annexure II details amounts sanctioned and disbursed under other funds. Fund Reduction: A reduction in the PSL Shortfall fund in FY 2024-25 led to a reduction in RIDF fund allocation. Andhra Pradesh: Andhra Pradesh received approximately 5% of the RIDF corpus on average over the past three financial years. No proposals from Andhra Pradesh are currently pending approval. Impact of NABARD Support: NABARD's funding enhances rural infrastructure, increasing productivity and market access. NABARD provides refinance to Cooperative Banks and Regional Rural Banks (RRBs) for agricultural loans at concessional rates. The proportion of agricultural households availing credit from institutional sources increased from 60% in 2016-17 to 75% in 2021-22. Equitable Fund Allocation: RIDF allocation considers geographical area, rural population, infrastructure development index, Credit Deposit (CD) ratio, and rural credit to address regional disparities. Borrowing power and utilization of previous RIDF sanctions are also considered. Farmer Producer Organizations (FPOs): NABARD has supported the formation of 6215 FPOs through various schemes, including capacity building, credit facilitation, and market linkage support. NABARD, with SFAC and ONDC, conducted FPO Melas to promote FPO products. Impact Analysis: State Governments: Impact: Receive loan assistance for rural infrastructure development projects and are subject to fund allocation based on various parameters. Action Required: Submit proposals to NABARD for funding under various schemes (excluding RIDF). Farmers and Rural Borrowers: Impact: Benefit from improved rural infrastructure, increased productivity, and better market access. Increased access to credit through institutional sources. Action Required: Utilize available credit facilities and engage with Farmer Producer Organizations (FPOs) for enhanced market access and support. NABARD: Impact: Responsible for allocating, sanctioning, and releasing funds for infrastructure projects. Action Required: Process proposals promptly, ensure equitable fund distribution, and continue supporting Farmer Producer Organizations (FPOs). Reserve Bank of India (RBI): Impact: Provides funds from Priority Sector Lending (PSL) Shortfall, which impacts RIDF allocation. Action Required: Continue allocating funds from PSL Shortfall to support rural infrastructure development through NABARD.

Key Entities Referenced

National Bank for Agriculture and Rural Development NABARD: A financial institution responsible for allocating funds for infrastructure projects. Andhra Pradesh: A state in India that is a recipient of NABARD funds and has pending proposals. Karnataka: A state in India that is a recipient of NABARD funds. Bihar: A state in India that is a recipient of NABARD funds. Rural Infrastructure Development Fund RIDF: A fund used by NABARD to extend loan assistance to State Governments for creation of rural infrastructure. Kisan Credit Card KCC Scheme: A scheme to promote accessibility of credit to farmers. Union Budget 202526: The annual financial statement of the Government of India for the fiscal year 2025-2026, which includes announcements related to agricultural credit. Farmer Producer Organisations FPOs: Organizations promoted by NABARD to support farmers through various schemes including capacity building and market linkage.
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GOVERNMENT OF INDIA MINISTRY OF FINANCE DEPARTMENT OF FINANCIAL SERVICES LOK SABHA STARRED QUESTION NO. *202 ANSWERED ON MONDAY, AUGUST 4, 2025/SRAVANA 13, 1947 (SAKA) FUNDS FOR INFRASTRUCTURAL DEVELOPMENT PROJECTS BY NABARD *202. Shri Maddila Gurumoorthy: Shri Sunil Bose: Will the Minister of FINANCE be pleased to state: (a) the details of funds allocated, sanctioned and released by the National Bank for Agriculture and Rural Development (NABARD) for different categories of infrastructure projects during the last three years in the country, State/UT-wise including Andhra Pradesh, Karnataka and Bihar; (b) whether there is year after year reduction in the allocation of funds and if so, the reasons therefor; (c) the way by which the quantum of NABARD assistance to Andhra Pradesh compares with other States during the said period; (d) whether any proposals from Andhra Pradesh are currently pending with the Government/NABARD for approval or fund release along with the steps taken by the Government in this regard; (e) whether NABARD’s support has led to improvement in accessibility to credit by the farmers and reduce the dependency on informal lending and if so, the details thereof; (f) the steps taken/being taken by NABARD to ensure equitable and timely allocation of funds to the States for critical infrastructure development; and (g) whether any new initiative has been undertaken by the NABARD to strengthen farmer- producer organisations and if so, the details thereof? ANSWER THE FINANCE MINISTER (SMT. NIRMALA SITHARAMAN) (a) to (g): A statement is laid on the Table of the House. ******Statement referred in reply to parts (a) to (g) of Lok Sabha Starred Question No. *202 to be answered on 04.08.2025 regarding Funds for Infrastructural Development Projects by NABARD by Shri Maddila Gurumoorthy and Shri Sunil Bose: (a): NABARD extends loan assistance to State Governments for creation of rural infrastructure through various funds i.e. Rural Infrastructure Development Fund (RIDF), NABARD Infrastructure Development Assistance (NIDA), Rural Infrastructure Assistance to State Governments (RIAS), Long Term Irrigation Fund (LTIF), Micro Irrigation Fund (MIF), Food Processing Fund (FPF), Warehouse Infrastructure Fund (WIF) and Fisheries and Aquaculture Infrastructure Development Fund (FIDF). State/UT wise yearly allocation is made under RIDF on the basis of funds allocated by Reserve Bank of India (RBI) from Priority Sector Lending (PSL) Shortfall. Other than RIDF, the support through various funds is provided to States/UTs on the basis of proposals received from the respective State/UT Governments and no yearly allocation is made. The details of funds allocated, sanctioned and released under the RIDF by NABARD to States/UTs during the last three years is given at Annexure I. The details of amount sanctioned and disbursed to different States/UTs under funds other than RIDF is given at Annexure II. (b): The reduction in the Priority Sector Lending (PSL) Shortfall fund in the financial year 2024-25 resulted in consequent reduction in RIDF fund allocation to the States/UTs. (c) & (d): During the past three financial years, Andhra Pradesh has been allocated an average of appx. 5% from the RIDF corpus. As informed by NABARD, no proposal from Andhra Pradesh is currently pending for approval under the above funds. (e): NABARD’s funding support through the above-mentioned funds enhances rural infrastructure viz. roads, irrigation, and storage facilities, which lead to increased productivity and better market access in rural areas. This in turn improves the ability of rural borrowers to absorb and utilize credit effectively. NABARD also provides short-term & long-term refinance to Cooperative Banks and Regional Rural Banks (RRBs) for agricultural loans at concessional rates. As per the findings of NABARD All-India Rural Financial Inclusion Survey (NAFIS) 2021-22, the proportion of agricultural households availing credit from institutional sources increased from 60% in 2016-17 to 75% in 2021-22. The Government has also taken various steps to promote accessibility of credit to farmers which inter-alia include, increase in limit of collateral free loans under the Kisan Credit Card (KCC) Scheme to ₹ 2 lakh from ₹ 1.6 lakh, inclusion of allied sectors such as animal husbandry and fisheries under KCC scheme, Interest Subvention (IS) and Prompt Repayment Incentive(PRI) under the Modified Interest Subvention scheme (MISS) which ensure loans upto ₹ 3 lakh at an effective interest rate of 4 %, etc. In the Union Budget 2025-26, the Government has announced to enhance loan limit under the MISS from Rs. 3 lakh to Rs. 5 lakh for loans taken through the KCC. (f): The State/UT wise allocation of RIDF by NABARD is based on various parameters viz. geographical area, rural population, composite infrastructure development index, inverse Credit Deposit (CD) ratio, rural credit, etc. to address regional disparities in infrastructure and enhance the credit absorption capacity in the rural areas. Further, the borrowing power of States/UTs and the level of utilization of previous RIDF sanctions are also taken into consideration to ensure equitable distribution and optimal utilization of the limited allocated corpus. The proposals received from the respective State/UT Governments are processed promptly by NABARD and funds are allocated in a timely manner. (g): NABARD has promoted formation of 6215 Farmer Producer Organisations (FPOs) till date under various schemes. The major support provided to FPOs inter-alia includes formation of FPOs, capacity building, credit facilitation and market linkage support, financial literacy, etc. In addition, NABARD in partnership with Small Farmers’ Agri-Business Consortium (SFAC) & Open Network for Digital Commerce (ONDC) has conducted FPO Melas (“TARANG-celebrating Collectivization”) at 50 locations across 24 states/UTs to demonstrate the products of FPOs/OFPOs to enable the marketing & branding of FPO products. *****Annexure-I Statement referred to in part (a) of Lok Sabha Starred Question No. 202 regarding “Funds for Infrastructural Development Projects by NABARD” due for answer on 04.08.2025 State/UT-wise details of Allocation, Sanction and Disbursement under RIDF during the past three years – FY 2022-23 to FY 2024-25 (₹ crore) State/UT Allocation Sanction Disbursement* Andhra Pradesh 7,029 7,041 4,700 Arunachal Pradesh 1,341 1,370 1,349 Assam 9,161 9,261 7,676 Bihar 6,874 6,806 5,207 Chhattisgarh 4,884 4,914 3,658 Goa 1,734 1,735 1,368 Gujarat 10,742 10,782 9,875 Haryana 5,189 5,153 4,538 Himachal Pradesh 2,811 2,844 2,485 Jammu & Kashmir 3,695 3,785 2,343 Jharkhand 6,396 6,395 5,400 Karnataka 6,222 6,234 5,504 Kerala 2,175 2,186 1,775 Madhya Pradesh 11,016 11,004 9,966 Maharashtra 5,678 5,661 5,017 Manipur 400 409 400 Meghalaya 627 632 633 Mizoram 658 682 679 Nagaland 103 100 100 Odisha 10,537 10,564 10,746 Puducherry 398 364 243 Punjab 2,520 2,572 2,223 Rajasthan 7,529 7,603 6,760 Sikkim 350 345 200 Tamil Nadu 9,677 9,702 9,070 Telangana 2,790 2,789 2,974 Tripura 2,219 2,298 1,700 Uttar Pradesh 8,744 8,740 7,908 Uttarakhand 2,403 2,508 2,158 West Bengal 6,249 6,311 5,938 Total 1,40,153 1,40,789 1,22,595 *Disbursement in some States is higher than sanctioned amount as it also includes the projects sanctioned prior to FY 2022-23Annexure-II Statement referred to in part (a) of Lok Sabha Starred Question No. 202 regarding “Funds for Infrastructural Development Projects by NABARD” due for answer on 04.08.2025 State/UT-wise details of Sanction and Disbursement under funds other than RIDF during the past three years – FY 2022-23 to FY 2024-25 (₹ crore) State/UT Sanction Disbursement Andhra Pradesh 2,431.29 285.02 Assam 5,880.76 3,844.21 Chhattisgarh 2,152.03 2.02 Goa 161.06 164.76 Gujarat 4,815.98 2,175.31 Haryana 1,906.40 727.79 Himachal Pradesh 5.00 4.06 Jharkhand 502.34 502.34 Karnataka 1,786.03 4,181.59 Kerala 7,389.83 4,284.66 Madhya Pradesh 678.00 1,543.17 Maharashtra 5,706.56 7,449.09 Manipur* 0.00 6.00 Meghalaya* 0.00 4.30 Mizoram 68.92 60.26 Odisha* 0.00 1,524.46 Punjab 3,218.31 844.40 Rajasthan 7,689.93 1,939.55 Tamil Nadu 1,236.85 5,269.75 Telangana* 0.00 1,145.39 Uttar Pradesh* 0.00 4.15 Uttarakhand 1,300.59 4.06 West Bengal 687.75 473.00 Total 47,617.63 36,439.63 *Disbursement has been made in respect of amount sanctioned prior to FY 2022-23 ******

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