Public RelationsNabard okays Rs 2.14 cr loan for drinking water
The National Bank for Agriculture and Rural Development (NABARD) has sanctioned a loan of Rs. 2.14 crore to the state government for implementation of a drinking water scheme at Lingdok Bazaar in East Sikkim, an official release said today.
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The sanctioned loan amounted to 90 per cent of the total cost of the project at Rs. 2.37 crore, the release said.
NABARD has sanctioned a cumulative loan of Rs 6.25 crore in the financial year 2009-10 for three infrastructure development project in Sikkim comprising two road projects and one drinking water project, it said.