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NABARD Jharkhand Aid FY25: ₹5,830 Crore for Rural Projects

7 April 20251 min read
BANKING & FINANCENABARDJharkhand AidFY25: ₹5,830 Crorefor Rural Projects7 April 2025safalsetu.com

Why in the news

NABARD announced ₹5,830 crore for Jharkhand in 2024-25 to strengthen village infrastructure and raise farm output.

Component₹ croreUsed for
RIDF3,772Rural infrastructure projects
Short-Term Refinance1,797Cooperative banks and RRBs
Long-Term Refinance261Rural credit institutions

Sectors

  • Irrigation and watershed work, drinking water and sanitation, rural roads and bridges, health and education buildings, godowns.

Impact so far

  • 10.3 lakh ha irrigation potential; 70,000+ km roads; 3,100+ bridges; 5,000 water supply projects.
  • 2.45 crore rural people benefited.

Other NABARD work

  • SHG-Bank Linkage, FPOs, climate-resilient farming, the JIVA programme, eShakti SHG digitisation and PACS support.

Exam angle

  • Largest part: RIDF; SHG digitisation: eShakti; resource revival: JIVA.

Test yourself

1. How much financial assistance did NABARD extend to Jharkhand for 2024-25?

The total NABARD package for Jharkhand in 2024-25 was ₹5,830 crore.

2. Which component formed the largest share of NABARD's 2024-25 package to Jharkhand?

RIDF accounted for ₹3,772 crore of the ₹5,830 crore.

3. Which NABARD initiative in Jharkhand digitises Self Help Groups, according to the notes?

The notes list eShakti as the SHG digitisation effort.